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US Census Bureau News Release

RELEASED: 10:00 A.M. EDT, JUNE 20, 2006 (TUESDAY)


Revenues for American Indian- and Alaska Native-Owned
Businesses Near $27 Billion, Census Bureau Reports

     There were 201,387 American Indian- and Alaska native-owned businesses in 2002 -- with receipts of $26.9 billion -- according to a new report, Survey of Business Owners: American Indian- and Alaska Native-Owned Firms: 2002 [PDF] released today by the U.S. Census Bureau. Industries With Most American Indian- and Alaska Native-Owned Businesses

     The Los Angeles-Long Beach-Riverside, Calif., combined statistical area had the highest number of American Indian- and Alaska native-owned firms (20,380) and receipts (nearly $1.6 billion). Among counties, Los Angeles had the highest number of firms (13,061).

     The information in the tabulations today excludes businesses owned by an American Indian tribal entity, which are considered to be government-owned entities and are therefore excluded from the estimates. Since this distinction was not made in the 1997 survey, prior data are not directly comparable.

     Other highlights:

*States With the Largest Number of American Indian- and Alaska Native- (AIAN) Owned
  Firms Compared to All Firms: 2002
State AIAN-
owned firms
(number)
Percent of
total AIAN-
owned firms
All firms
(number)
AIAN
as a
percent
of all firms
AIAN-owned
firms’ receipts
(million dollars)
Percent
of total
AIAN-owned
firms receipts
All firms
‘receipts
(million dollars)
AIAN
as a percent
of all firms’
receipts
U.S. total 201,387 (X) 22,974,685 0.9 26,873 (X) 22,627,167 0.1
California 38,125 18.9 2,908,761 1.3 3,876 14.4 2,796,609 0.1
Oklahoma 17,097 8.5 291,611 5.9 2,518 9.4 197,347 1.3
Texas 16,204 8.0 1,734,517 0.9 3,138 11.7 1,812,465 0.2
New York 11,158 5.5 1,707,172 0.7 710 2.6 1,737,979 0.0
Florida 9,923 4.9 1,539,208 0.6 641 2.4 1,075,806 0.1
* Excludes tribal-owned entities

*Combined Statistical Areas With the Largest Number of American Indian- and
  Alaska Native-Owned Firms: 2002
Combined statistical area AIAN-owned firms
Firms
(number)
Receipts
(million dollars)
Los Angeles-Long Beach-Riverside, Calif. 20,380
1,563
New York-Newark-Bridgeport, N.Y.-N.J.-Conn.-Pa. 12,311 765
San Jose-San Francisco-Oakland, Calif. 6,549 965
* Excludes tribal-owned entities

*County With the Largest Number of American Indian- and Alaska Native-Owned Firms
  Compared to American Indian- and Alaska Native-Owned Firms in the State: 2002
County AIAN-owned firms State AIAN-owned firms Percent county to state
Firms
(number)
Receipts
(million dollars)
Firms
(number)
Receipts
(million dollars)
Firms Receipts
Los Angeles 13,061 838 Calif. 38,125 3,876 34 22
* Excludes tribal-owned entities

*Cities With the Largest Number of American Indian- and Alaska Native-Owned Firms
  Compared to American Indian- and Alaska Native-Owned Firms in the State: 2002
City AIAN-owned firms State AIAN-owned firms Percent city to state
Firms
(number)
Receipts
(million dollars)
Firms
(number)
Receipts
(million dollars)
Firms Receipts
New York
7,134
274
N.Y.
11,158
710
64
39
Los Angeles 5,767 284 Calif. 38,125 3,876 15   7
Gallup 2,642 51 N.M. 6,826 455 39 11
* Excludes tribal-owned entities

     The 2002 Survey of Business Owners (SBO) defines American Indian- and Alaska native-owned businesses as firms in which American Indians and Alaska natives own 51 percent or more of the stock or equity of the business. Data by gender of ownership by all race groups and people of Hispanic or Latino origin will be issued in August.

     Later this year, information will be released for the first time in more than a decade on the characteristics of businesses and their owners. Information will be provided on home-based, family-owned and franchised businesses as well as information about sources of capital. For business owners, the Census Bureau will provide information about their age, hours worked, educational attainment and veteran status.

-X-

     The SBO is part of the 2002 Economic Census and combines survey data from a sample of more than 2.4 million businesses with administrative data.

     Data for 2002 are not directly comparable to previous survey years because of several significant changes to the survey methodology. See “Comparability of 2002 and 1997 SBO Data” at <http://www.census.gov/econ/census02/text/sbo/sbomethodology.htm#comparability>.

     The data collected in a sample survey are subject to sampling variability as well as nonsampling errors. Sources of nonsampling errors include errors of response, nonreporting and coverage.

 
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Source: U.S. Census Bureau | Public Information Office |  Last Revised: August 09, 2007