Table 5.—Selected Operating Data of U.S. Business Enterprises Acquired or Established, by Industry of U.S. Business Enterprise, 1997-98

	1997/r/					1998/p/
	Millions of dollars			Number of employees	Number of hectares of land owned/1/	Millions of dollars			Number of employees	Number of hectares of land owned/1/
	Total assets	Sales	Net income			Total assets	Sales	Net income
All industries	170,564	62,669	2,566	288,521	259,612	249,364	160,124	3,780	596,774	150,395
Petroleum	3,992	5,803	458	2,448	(/D/)	(/D/)	(/D/)	(/D/)	K	(/D/)
Manufacturing	20,495	19,520	740	93,979	(/D/)	105,722	91,249	2,419	260,508	31,889
Wholesale trade	3,778	6,256	80	15,193	(/D/)	2,069	3,891	12	10,357	302
Retail trade	561	1,526	(*)	11,002	27	2,483	6,484	124	105,359	65
Depository institutions	26,316	1,769	147	7,403	197	9,504	525	(/D/)	H	12
Finance, except depository institutions	15,699	3,061	361	10,991	30	38,071	(/D/)	369	7,208	13
Insurance	66,113	8,753	397	12,217	259	22,415	4,125	-1	6,652	25
Real estate	4,710	552	141	453	23,801	5,060	759	125	2,530	(/D/)
Services	12,875	6,250	167	96,556	1,920	11,705	7,688	-296	134,590	2,050
Other industries	16,026	9,180	73	38,279	70,238	(/D/)	6,194	-345	28,465	26,331

* Less than $500,000.

D Suppressed to avoid disclosure of data of individual companies.

p Preliminary.

r Revised.

1. One hectare equals 2.471 acres. Thus, for all industries, the number of acres of land owned in 1997 and 1998 were 641,501 and 371,626, respectively.

NOTES.—For newly acquired businesses, data cover the most recently completed financial reporting year. For newly established businesses, data are projections for the first full year of operations.

Size ranges are given in employment cells that are suppressed. The size ranges are: A—1 to 499; F—500 to 999; G—1,000 to 2,499; H—2,500 to 4,999; I-5,000 to 9,999; J—10,000 to 24,999; K—25,000 to 49,999; L—50,000 to 99,999; M—100,000 or more.