The Department of Commerce is collecting public comments on the Annual Business Survey (ABS), which gathers data to better understand business dynamics in the U.S. The survey, conducted by the Census Bureau, includes information on business owners' demographics, and research and development activities, particularly aiming to improve minority and disadvantaged groups' access to resources. For 2021, the survey will expand to cover more nonprofit organizations, adding to its 308,000 respondents. The collected data will support government programs and agencies, enhance business support services, and contribute to national economic analyses.
Simple Explanation
The Commerce Department is asking people to share their thoughts on a big survey that helps them learn about who owns businesses in the U.S. and what they do. This survey wants to hear more from nonprofits and will help the government make better plans for businesses, especially for those who might need more help.