1 North American Industry Classification System code. For definitions of each industry, see "North American IndustryClassification System--United States, 1997" available from the National Technical InformationService and the Superintendent of Documents, U.S. Government Printing Office.For a short description available on the Internet, see alsohttp://www.census.gov/epcd/www/pdf/naicsdat.pdf

Source: U.S. Census Bureau, 1997 Economic Census, Real Estate & Rental Leasing,Series EC97F53A-US(RV), issued March 2000.

http://www.census.gov/epcd/www/econ97.html

*Establishment

An establishment is a single physical location at which business is conducted and/or services are provided. It is notnecessarily identical with a company or enterprise, which may consist of one establishment or more. Economic censusfigures represent a summary of reports for individual establishments rather than companies. For cases where a census reportwas received, separate information was obtained for each location where business was conducted. When administrativerecords of other Federal agencies were used instead of a census report, no information was available on the number oflocations operated. Each economic census establishment was tabulated according to the physical location at which thebusiness was conducted. The count of establishments represents those in business at any time during 1997.

When two activities or more were carried on at a single location under a single ownership, all activities generally weregrouped together as a single establishment. The entire establishment was classified on the basis of its major activity and alldata for it were included in that classification. However, when distinct and separate economic activities (for which differentindustry classification codes were appropriate) were conducted at a single location under a single ownership, separateestablishment reports for each of the different activities were obtained in the census.

Sales, Shipments, Receipts, Revenue, or Business Done

Includes the total sales, shipments, receipts, revenue, or business done by establishments within the scope of the economiccensus.

Real Estate and Rental and Leasing sector - Includes revenue from all business activities whether or not payment wasreceived in the census year, including commissions and fees from all sources, rents, net investment income, interest,dividends, and royalties. Revenue from leasing property marketed under operating leases is included. Revenue also includesthe total value of service contracts, amounts received for work subcontracted to others, and rents from real property sublet toothers.

Revenue does not include sales and other taxes collected from customers and remitted directly by the firm to a local, state,or Federal tax agency.

Annual Payroll

Payroll includes all forms of compensation, such as salaries, wages, commissions, dismissal pay, bonuses, vacationallowances, sick-leave pay, and employee contributions, to qualified pension plans paid during the year to all employees.For corporations, payroll includes amounts paid to officers and executives; for unincorporated businesses, it does notinclude profit or other compensation of proprietors or partners. Payroll is reported before deductions for social security,income tax, insurance, union dues, etc. This definition of payroll is the same as that used by the Internal Revenue Service(IRS) on Form 941.

Real Estate and Rental and Leasing sector. Excludes commissions paid to independent (nonemployee) agents, such as realestate agents.

Paid Employees

Paid employees consists of full-time and part-time employees, including salaried officers and executives of corporations.Included are employees on paid sick leave, paid holidays, and paid vacations; not included are proprietors and partners ofunincorporated businesses. The definition of paid employees is the same as that used on IRS Form 941.

Real Estate and Rental and Leasing sector. Includes all employees who were on the payroll during the pay period includingMarch 12. Excludes independent (nonemployee) agents. *