|
Which wholesale industry had the highest sales '517
<br /> in 1992?
<br /> How many businesses are owned by African Grain and field bean wholesalers had the highest re-
<br /> Americans in Minnesota? ceipts at$9.1 billion, up 33 percent from 1987.
<br /> While the number of African-American-owned firms is
<br /> still small, it increased by 92.3 percent between 1987 What is the difference between durable and nondurable
<br /> and 1992. goods produced by the wholesale trade industry?
<br /> In 1992, almost 95 percent of African-American-owned Durable goods have a nonnal life expectancy of three or
<br /> businesses were located in the Minneapolis and St.Paul more years. Nondurable goods have a shelf life of less
<br /> Metropolitan Area, which includes Anoka, Carver, than three years. In 1992,about 61 percent of all whole-
<br /> Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, sale trade was durable goods,compared to 54 percent in
<br /> Sherburne,Washington and Wright counties in Minne- 1977. In those 15 years, the split between these goods
<br /> sota, and Pierce and St. Croix counties in Wisconsin. In has changed very little.
<br /> fact, 83 percent of all these businesses were in the two
<br /> largest counties, Hennepin and Ramsey. In 1992, What are the types of wholesale trade operations?
<br /> Hennepin County alone had more African-American- There are three types of wholesale trade operations:
<br /> owned businesses than the state had in 1987. merchants, manufacturers, and agents, brokers and
<br /> commission merchants. The number of Minnesota
<br /> wholesale trade establishments rose 7.8 percent and
<br /> Minnesota
<br /> African-American All Percent of sales increased by a whopping 31.1 percent since 1987.
<br /> Year Firms Firms All Firms
<br /> 1987 1,448 280,249 5% Type of Operation 1992 Establishments 1992 Sales
<br /> 1992 2,785 358,921 8 Merchants 81.7% 56.2%
<br /> Manufacturers 6.6 29.8
<br /> Agents,brokers and commission merchants 11.7 14.0
<br /> United States
<br /> African-American All Percent of
<br /> Year Firms Firms All Firms
<br /> ii Manufactures
<br /> 01987 424,165 13,695,480 3.1% What are the four largest manufacturing industries
<br /> 1992 620,912 17,253,143 3.6 6 ranked by employment?
<br /> Four industries accounted for approximately 44 percent
<br /> What proportion of all business firms in Minnesota of the state's 1992 employment: industrial machinery
<br /> were owned by women in 1992? and equipment with 59,200 people;printing and publish-
<br /> ing,with 46,300;fabricated metal products,with 33,700;
<br /> Women owned more than one-third of all Minnesota and electronic equipment, with 32,900. Manufacturing
<br /> businesses in 1992, about the same as women owned industries employed 391,300 people,a 5 percent increase
<br /> nationally. since 1987.
<br /> Minnesota United States
<br /> All firms 358,921 17,253,143 Financial,:Insurance and Real Eitate*
<br /> Women-owned firms 124,143 5,888,883 How many commercial banks and savings institutions
<br /> Percent women-owned 34.6% 34.1% are there in Minnesota?
<br /> There were 1,684 depository institutions in the state in
<br /> 1992. Commercial banks comprise more than 67 percent
<br /> of all depository institutions.
<br /> Wholesale i
<br /> 1992
<br /> How do wholesale and retail trade businesses differ? Commercial banks 1,137
<br /> Savings institutions 207
<br /> Wholesale trade businesses sell goods primarily to other Credit Unions 289
<br /> • businesses and institutions, and retail trade establish- Other depository institutions 51
<br /> ments sell goods for personal or household use.
<br /> November 1996 Population Notes 5
<br />
|