Diverse Economic Impact Workshop With The U.S. Census Bureau

The workshop will be taking place at the Latino Chamber office, however there is also a virtual option to join the workshop if you cannot attend in person. We ask that you please register for the workshop ahead of time so we can ensure we have the proper number of seats and supplies available for the workshop. The Zoom link as well as the registration link is listed below.

Zoom Link: https://us02web.zoom.us/j/84311870922

Registration Link: https://business.pueblolatinochamber.com/.../diverse...

Here is what you can expect during our Diverse Economic Impact Workshop:

•Overview of Clarifications & Definitions
1. Demographic Data: Household Collection
2. Economic Data: Business Collection
3. Race: The Census Bureau collects race data according to U.S. Office of Management and Budget (OMB) guidelines.
-These data are based on self-identification, and people may choose to report more than one race group.
-The racial categories included in the census questionnaire generally reflect a social definition of race recognized in this country and not an attempt to define race biologically, anthropologically, or genetically. In addition, it is recognized that the categories of the race item include racial and national origin or sociocultural groups.
-OMB requires five minimum categories: White, Black or African American, American Indian or Alaska Native, Asian, and Native Hawaiian or Other Pacific Islander.
4. Ethnicity: People who identify their origin as Hispanic, Latino, or Spanish and may be of any race.
5. NAICS (North American Industry Classification System) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
6. Business is any activity or enterprise entered-into for profit.
7. Establishment is where business is conducted, goods are made or stored or processed or where services are rendered.

•Economic Impact
1. Elements of Economic Impact
-Employment: The number of jobs created or lost
-Household earnings: The amount of money earned by households
-Economic output: The total value of goods and services produced
-Value added: The value added to the economy – spending habits
2. Data Programs & Resources

•Case Studies using data tools
1. Longitudinal Employment Household Dynamics
2. Data.census.gov
3. Census Business Builder