US C B .

S. 

Census 

Bureau

Surve

y of Business Owne

Asian

-Owned Businesses: 20

Owned Businesses: 20

Charles Funk

Assistant Division Chief

Company Statistics Division

Virginia Asian Chamber of Commer

A

p , ril 28

, 2011
About the Survey About the Survey

• Part of the Economic Census taken every 

Part of the Economic Census taken every

years for years ending in “2” and “7”

• The only comprehensive, regularly collec

data for businesses and business owners 

- Minority status Minority status

 Race  Ethnicit

y( p g y 

(His

panic ori

gin of an

y race

- Gender- Veteran status

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A Look at the 2007 Statisti

A Look at the 2007 Statisti

for Asian-Owned Business

for the United States

and the State of Virginia and the State of Virginia

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Asian Business Ownership in th

I d F t Th th R t Increase

d

Fas

ter Than the 

R

a

te

All U.S. Businesses: 2002 to 2

Asian-owned U.S. 

businesses

All U.

busines

Firms % h Fi 

(number)

% c

hange,

2002 – 2007

Firms 

(number)

2

All firms1 1,549,664 40 27,097,236 

Employer firms 397,484 24 5,739,890

Nonemployer firms 1,152,180 47 21,357,346 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail may not add to total because of rounding.

www.census.gov/econ/sbo Ap
Virginia’s Asian Business Owne

I d F t Th th R t Increase

d

Fas

ter Than the 

R

a

te

All Virginia Businesses: 2002 to 

Asian-owned Virginia 

businesses

All Virgi

busines

Firms % change Firms % 

(number)

% change,

2002 – 2007

Firms

(number)

% 

20

All firms1 44,575 46 638,823 

E l fi mp oyer firms 11,757 43 147,626 

Nonemployer firms 32,818 48 491,197 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail may not add to total because of rounding.

www.census.gov/econ/sbo Ap
Asian-Owned U.S. Business Rev

I d F t Th th R t Increase

d

Fas

ter Than the 

R

a

tes 

U.S. Businesses: 2002 to 200

Asian-owned U.S. 

businesses

All U

busine

Sales and Sales and Sales and

receipts

($ billions)

% change,

2002 – 2007

Sales and

receipts

($ billions)

2

All firms1 All firms 508 55 30 033 , 

Employer firms 455 56 29,061 

Nonemployer 

fi 52 48 973 

rms 52 48 973 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail may not add to total because of rounding.

www.census.gov/econ/sbo Ap
Virginia’s Asian-Owned Busin

Revenues Increased Faster ThaRevenues Increased Faster Tha

Rates for All Virginia Busines

2002 t 2007 2002

to 2007

Asian-owned Virginia 

businesses

All Vir

busine

Sales and 

receipts

($ billions)

% change,

2002

– 2007

Sales and 

receipts

($ billions)

($ billions) 2002 2007 ($ billions) 

All firms1 13 71 719 

Employer firms 12 71 697 

N l onemp oyer 

firms 1 77 21 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail may not add to total because of rounding

www.census.gov/econ/sbo Ap

Note: Detail may not add to total because of rounding.
Asian-Owned Virginia Business

Their Proportion of All Virginia 

b

y py Em

plo

yer Status: 2002 to 2

% of U.S. businesses 

that are Asian-owned 

% of Virginia bu

that are Asian

Year

2007

Year

2002

Year

2007

All firms1 5.7 4.8 7.0 

Employer firms 6.9 5.8 8.0 Nonemployer fi 5 4 4 5 6 7 

rms 

5.4

4.5

6.7

1 Includes firms with paid employees and firms with no paid employees.

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U.S. Business Ownership b

Detailed Asian Group: 2007 Detailed Asian Group: 2007

Asian-

% of all

Asian

-

Asianowned U.S. 

owned U.S. 

firms

(number) 

Asian

owned 

U.S. 

firms 

firm sales 

and receipts

($ billions) 

Asian1 1,549,664 100 508 

Asian Indian 308,514 20 152 

Chinese 423,609 27 143 

Filipino 163,217 11 20 Japanese 108,361 7 40 Korean 192,465 12 79 Vietnamese 229 149 229,149 15 29Other Asian 153,565 10 45 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail does not add to total because of firms that are Asian-owned, but have not been assigned to a 

group or have ownership by more than one detailed Asian group

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group or have ownership by more than one detailed Asian group.
Virginia Business Ownership 

Detailed Asian Group: 2007 Detailed Asian Group: 2007

% of all

Asianowned Va. 

Asian-owned 

Va. firms

(number) 

Asianowned 

Va. firms 

firm sales 

and receipts

($ milions) 

A

V

Asian1 44,575 100 13,217 

Asian Indian 10,797 24 5,471 

Chinese 6,439 14 1,778 

Filipino 3,510 8 433 Japanese 1,165 3 279 Korean 8,807 20 2,720 Vietnamese 8 220 , 18 739Other Asian 6,756 15 1,841 

1 Includes firms with paid employees and firms with no paid employees.

Note: Detail does not add to total because of firms that are Asian-owned, but have not been assigned to a 

group or have ownership by more than one detailed Asian group

www.census.gov/econ/sbo Ap

group or have ownership by more than one detailed Asian group.
Industries Accounting for the Lar

Receipts 

for AsianOwned U.

S. Firm

Asian- % of all

Asianowned U.S. 

Business sectors owned 

U.S. firms

(number) 

Asianowned 

U.S. firms 

firm sales 

and receipts

($ billions) 

T t l f ll t Total for all sectors 1 549 664 1,549,664 100 508 

Wholesale trade 60,464 4 131 R

e a ade t il trade 190,8 37

3 12 10

7 

Accommodation and food 

services 133,756 9 52 

Health care and social 164 246 11 45

assistance 164,246 11 45

Professional, scientific, and

technical services 213,669 14 43

www.census.gov/econ/sbo Apr
Industries Accounting for the Lar

Receipts for A Receipts for

Asian

-Owned

Virginia Firms: 2007

Business sectors

Asianowned 

Va. firms

% of all

Asianowned 

Asianowned Va. 

firm sales 

and receipts

(number) Va. firms ($ billions) 

Total for all sectors 44,575 100 13 

Professional, scientific, and 7 397 17

4 

technical services

7,397 17

4 

Retail trade 4,283 10

3 

Accommodation and food 3 971

9

2 

services 

3,971

9

2 

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Asian-Owned Firms in Virginia C

and Equivalent Areas With Laand Equivalent Areas With La

Populations: 2007 

Virginia counties and equivalent 

areas with populations of at least 

500,000

Asian-owned 

firms

(number)

, 

Arlington, VA 1,853 

Fairfax, VA 18,915 

Loudon, VA 3,729 Prince William, VA 2,988 Virginia Beach city VA Virginia Beach city, VA 2 266 , 

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Number of Asian-Owned Busines

Metropolitan Statistical Areas Metropolitan Statistical Areas 

Contain Parts of Virginia: 20

Metropolitan statistical areas that 

contain parts of Virginia

Asian-owned 

firms

(number)

Richmond, VA 3,714 Virginia Beach-Norfolk-Newport News, 5 551 

VA-NC

5,551

Washington-Arlington-Alexandria,

DC-VA-MD-WV 54,947 

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Accessing SBO Results Accessing SBO Results

• SBO Web site: www.census.gov/econ/s• For access to prepackaged data produc

the abilit

y to build custom tables, visit

American FactFinder (AFF), the Census

Bureau’s online, self-service data acces

tool at tool at www factfinder census gov www.factfinder.census.gov

• SBO staff 

Phone: 1.888.225.4022Email: csd.sbo@census.gov 

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Future SBO Release Schedu

Data Release 

Future SBO Release Schedu

Veteran-Owned Businesses May Company Summary June Ch t i ti f B i Characteristics of Businesses June 

Characteristics of Business Owners June 

www.census.gov/econ/sbo Apr
Compy y an Summary

• Data cross-tabulated for all business grou

gender ethnicity race and veteran status gender, ethnicity, race, and veteran status 

owner(s), including data for firms that are by , men nonminorities, non-Hisp, 

anics, W

nonveterans, and publicly held and other businesses whose ownership is indeterm

• Provides statistics for businesses owned 

Asian women, Asian men, Asian HispanicAsian women, Asian men, Asian Hispanic

Asian non-Hispanics, Asian veterans, and nonveterans 

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Characteristics of Business

Data for all firms by gender, ethnicity, race, status of owner

( ), 

s and kind of business inc

detailed data for:• Family- and home-based businesses• Franchisers and franchised businesses Franchisers and franchised businesses• Types of customers and workers• Sources and amount of financin

g

• Percent of sales outside the U.S.• Language(s) used for business transactio• Outsourcing to businesses outside the U 

Outsourcing to businesses outside the

U.

• Use of the Internet and e-commerce• Employer-paid benefits

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Characteristics of Business Ow

Data for all owners of firms by gender, ethnrace veteran status including detailed data race, veteran status including detailed data • Age• Educat oi n• Hours worked• Primary function in the business• Year and how the business was acquired• Whether the owner was born in the U.S.• Whether the business provided the prima

Whether the business provided the prima

source of personal income

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