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U.S. Census Bureau
JULY 31, 2025 – The U.S. Census Bureau released preliminary estimates from the Annual Integrated Economic Survey (AIES), which provides key measures of economic activity, including the only comprehensive national and subnational data on business revenues, expenses and assets on an annual basis. The AIES is one of the Census Bureau’s newest surveys, designed to replace and integrate seven different annual business surveys into a single survey. AIES data can be used to track economic trends, assess industry performance, support policy development, and inform economic planning, resource allocation, and market research.
Today’s estimates, based on 2023 data, are available at the national, regional and divisional levels for select two- and three-digit North American Industry Classification System (NAICS) industries. The preliminary estimates included in today’s release are scheduled to be replaced in the fall with final estimates that include expanded industry detail, additional statistics, and more detailed geographic data for select sectors.
Regional Highlights
Northeast:
- In 2023, in the Northeast, the Health Care and Social Assistance sector (NAICS 62) employed 5.0 million workers with a total annual payroll of $302.4 billion. The Finance and Insurance sector (NAICS 52) generated $1.8 trillion in revenue.
Midwest:
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- In the Midwest, there were 4.0 million Manufacturing sector (NAICS 31-33) employees; the Retail Trade sector (NAICS 44-45) generated $1.4 trillion in revenue; and the Education Services sector’s (NAICS 61) total annual payroll was $4.9 billion in 2023.
South:
- In the South, the Professional, Scientific, and Technical Services sector (NAICS 54) generated $998.4 billion in revenue. The Retail Trade sector (NAICS 44-45) had an annual payroll of $235.8 billion and employed 6.8 million people in 2023.
West
- In the West, there were 1.4 million employees in the Information sector (NAICS 51). The Accommodation and Food Services sector (NAICS 72) generated $367.1 billion in revenue with an annual payroll of $110.7 billion.
Please consult the AIES First Look table for measures of sampling variability. Disclosure avoidance procedures can be found in the 2023 AIES Methodology.
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