What data source explains where specific businesses are located?

What data source explains where specific businesses are located?

• A. Occupational Employment Statistics
• B. Census of Business
• C. Consumer Expenditure Survey
• D. County Survey

Answer: (B)

To map where specific businesses are located, you need a data source that ties establishments to geographic areas. The Census of Business provides just that: it reports the locations of business establishments by county, city, or other geography, along with industry classification and size. This makes it ideal for identifying where particular kinds of businesses are concentrated. By contrast, the Occupational Employment Statistics gives data on jobs by occupation and location but not the actual physical locations of specific business establishments. The Consumer Expenditure Survey tracks household spending, not business locations. A County Survey isn’t a standard national source for locating businesses. So the Census of Business best explains where businesses are located.

To map where specific businesses are located, you need a data source that ties establishments to geographic areas. The Census of Business provides just that: it reports the locations of business establishments by county, city, or other geography, along with industry classification and size. This makes it ideal for identifying where particular kinds of businesses are concentrated. By contrast, the Occupational Employment Statistics gives data on jobs by occupation and location but not the actual physical locations of specific business establishments. The Consumer Expenditure Survey tracks household spending, not business locations. A County Survey isn’t a standard national source for locating businesses. So the Census of Business best explains where businesses are located.