U.S. Census Bureau
2002 Economic Census main page

2002 Economic Census
Finance and Insurance
Michigan     open pdf map in new window

 

Finance and Insurance - by subsector

Data based on Geographic Area Series reports. Table includes only establishments of firms with payroll. Nonemployers are shown separately. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

D = Withheld to avoid disclosing data of individual companies; data are included in higher level totals; N = Not available; Q = Receipts not collected at this level of detail for multiestablishment f
More
data

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
  52 Finance & insurance 13,652 N 8,394,958 177,479
521 Monetary authorities - central bank 1 429,411 13,900 350
522 Credit intermediation & related activities 6,238 N 4,109,109 95,474
523 Securities intermediation & related activities 1,869 D D (10k-24k)
524 Insurance carriers & related activities 5,499 N 3,389,501 69,289
525 Funds, trusts, & other financial vehicles (part) 45 D D (100-249)

 

 

Finance and Insurance - by industry

Data based on Geographic Area Series reports. Table includes only establishments of firms with payroll. Nonemployers are shown separately. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

D = Withheld to avoid disclosing data of individual companies; data are included in higher level totals; N = Not available; Q = Receipts not collected at this level of detail for multiestablishment f

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
521 Monetary authorities - central bank 1 429,411 13,900 350

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
522 Credit intermediation & related activities 6,238 N 4,109,109 95,474
5221 Depository credit intermediation 4,462 N 2,627,134 71,101
52211 Commercial banking 3,167 Q 1,981,249 52,515
5221101 National commercial banks - banking 1,399 Q D (10k-24k)
5221102 State commercial banks - banking 1,759 Q 1,219,203 32,161
52212 Savings institutions 547 Q D (5000-9999)
5221201 Savings institutions - federally chartered 494 Q 290,781 6,856
5221203 Savings institutions - not federally chartered 53 Q D (500-999)
52213 Credit unions 746 1,796,597 332,435 11,054
5221301 Credit unions - federally chartered 280 704,443 136,270 4,435
5221309 Credit unions - not federally chartered 466 1,092,154 196,165 6,619
5222 Nondepository credit intermediation 1,081 12,198,459 1,261,706 19,377
52222 Sales financing 188 9,025,916 593,771 8,380
52229 Other nondepository credit intermediation 892 D D (10k-24k)
522291 Consumer lending 147 D D (500-999)
522292 Real estate credit 619 2,515,805 583,717 9,087
5222929 Mortgage bankers & loan correspondents 616 D D (5000-9999)
522294 Secondary market financing 6 D D (20-99)
522298 All other nondepository credit intermediation 116 D D (1000-2499)
5222981 Pawn shops 64 D D (250-499)
5222988 Other business credit institutions 52 D D (500-999)
5223 Activities related to credit intermediation 695 614,743 220,269 4,996
52231 Mortgage & nonmortgage loan brokers 420 362,963 160,414 3,168
52232 Financial transactions processing, reserve, & clearinghouse act 58 144,007 30,109 877
52239 Other activities related to credit intermediation 217 107,773 29,746 951

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
523 Securities intermediation & related activities 1,869 D D (10k-24k)
5231 Securities & commodity contracts intermediation & brokerage 990 1,767,098 612,991 7,720
52311 Investment banking & securities dealing 26 29,735 9,909 102
52312 Securities brokerage 953 1,732,096 601,114 7,585
52314 Commodity contracts brokerage 10 D D (20-99)
5239 Other financial investment activities 879 D D (2500-4999)
52391 Miscellaneous intermediation 151 D D (500-999)
52392 Portfolio management 292 D D (1000-2499)
52393 Investment advice 388 D D (1000-2499)
52399 All other financial investment activities 48 D D (500-999)
523991 Trust, fiduciary, & custody activities 44 D D (500-999)

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
524 Insurance carriers & related activities 5,499 N 3,389,501 69,289
5241 Insurance carriers 1,066 Q 2,098,496 40,867
52411 Direct life, health, & medical insurance carriers 359 Q 1,081,136 21,158
524113 Direct life insurance carriers 213 Q 337,248 5,974
524114 Direct health & medical insurance carriers 146 Q 743,888 15,184
52412 Other direct insurance carriers 680 Q 985,016 19,176
524126 Direct property & casualty insurance carriers 478 Q 900,250 17,081
524127 Direct title insurance carriers 193 Q D (1000-2499)
524128 All other direct insurance carriers 9 Q D (100-249)
52413 Reinsurance carriers 27 Q 32,344 533
5242 Agencies, brokerages, & other insurance related activities 4,433 3,263,428 1,291,005 28,422
52421 Insurance agencies & brokerages 4,066 D D (10k-24k)
52429 Other insurance related activities 367 D D (5000-9999)
524291 Claims adjusting 154 94,332 40,361 929
524292 Third party administration of insurance & pension funds 153 D D (5000-9999)
524298 All other insurance related activities 60 D D (500-999)

NAICS
code
Description Estab-
lish-
ments
Revenue
($1,000)
Annual
payroll
($1,000)
Paid
employees
525 Funds, trusts, & other financial vehicles (part) 45 D D (100-249)
5251 Insurance and Employee Benefit Funds (not covered in the Economic Census) X X X X
52511 Pension Funds X X X X
52512 Health and Welfare Funds X X X X
52519 Other Insurance Funds X X X X
5259 Other investment pools & funds (part) 45 D D (100-249)
52591 Open-End Investment Funds (not covered in the Economic Census) X X X X
52592 Trusts, Estates, and Agency Accounts (not covered in the Economic Census) X X X X
52593 Real Estate Investment Trusts - REITs 45 D D (100-249)
52599 Other Financial Vehicles (not covered in the Economic Census) X X X X


Source: 2002 Economic Census, Geographic Area Series   Questions?
Last revised: September 12, 2005