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Who Owns America’s Businesses?
Let's first look at how many businesses there are in the U.S.
- There are 27.1 million non-farm businesses in the U.S.
- These businesses generate $30.1 trillion in revenues.
Of those 27.1 million businesses,
- 805,500 are publicly held, with $19.2 trillion in revenues.
- 26,300,000 are privately held, with $11.0 trillion in revenues.
Of the 26.3 million privately held firms, the 441 largest firms employ 6.2 million workers and generate $1.8 trillion.
Where are the paid employees?
- 5.75 million firms employ 118.7 million individuals who are paid.
- 21.35 million firms do not have paid employees; these are sole proprietorships and partnerships without employees on the payroll.
What kinds of businesses?
- 14.0% professional, scientific and technical services
- 12.6% construction
- 11.5% repair, maintenance, personal, and laundry services
- 9.9% retail trade
- 9.7% real estate, and rental and leasing
- 42.6% all other industries
Ownership, Employment & Receipts by Gender in privately held firms:
Women owned 7.8 million non-farm businesses (28.7%)
Women employed 7.6 million persons (6.4% of total employment)
Women’s receipts $1.2 trillion (3.9% of all receipts)
Men owned 13.9 million non-farm businesses (51.3%)
Men employed 41.5 million persons (35.0% of total employment)
Men’s receipts $8.5 trillion (28.2% of all receipts)
Equal (*) ownership 4.6 million non-farm businesses (17.0%)
Equal (*) employment 8.1 million persons (6.9% of total employment
Equal (*) receipts $1.2 trillion (4.2% of all receipts)
(*) Ownership is 50% men and 50% women, eg, equal ownership.
Sources:
U.S. Census Bureau 2007 Survey of Business Owners, released 12/7/2010
Forbes Special Report The Largest Private Companies (In the US in 2008, the 441 largest private companies accounted for $1.8 trillion in revenue and employed 6.2 million people.