Economic statistics terminology · MLC-0116

Economic statistics terms: M (116)

• M (meter)See Conversion Tables and Units of Quantity.
• Machinery in PlaceThe number of machines of a particular type in place as of a particular date whether the machinery was used...
• Macro EditingProcedures for reviewing aggregate data to identify any potential individual errors and validate unexpected...
• MAF/TIGER databaseMAF/TIGER® is an acronym for the Master Address File/Topologically Integrated Geographic Encoding and...
• Mailing AddressThe address used by a living quarters, special place, business establishment, and the like for mail delivery...
• Mailout-MailbackA method of data collection in which the U.S. Postal Service delivers addressed questionnaires to HUs...
• Major sectorOne of six broad categories of industries: business, nonfarm business, nonfinancial corporations, total...
• Major services (dental)Dental services that include procedures such as installing crowns and inserting prostheses (replacing missing...
• Management and Organizational Practices SurveyProvides information on the use of decentralized decision rights, data-driven decision making, and...
• Management incentive bonusPayment to managers or supervisors as a reward for their ability to direct the performance of a group of...
• Management of Companies and EnterprisesThe Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of...
• ManifestA collection of documents, including forms, such as the cargo declaration and annotated bills of lading, that...
• Manufactured HomeA manufactured home is defined as a movable dwelling, 8 feet or more wide and 40 feet or more long, designed...
• Manufactured Homes SurveyProduces monthly regional estimates of new manufactured home placements, average sales prices, dealers'...
• Manufactured/mobile home park feesThe American Housing Survey defines this item as regular payments to the park management that could include...
• Manufactured/mobile homesAs collected by the American Housing Survey, a manufactured/mobile home is defined as a housing unit that was...
• ManufacturersEstablishments in the manufacturing sector are often described as plants, factories, or mills, and...
• Manufacturers' Sales Branches and OfficesEstablishments maintained by manufacturing, refining, or mining enterprises apart from their plants or mines...
• Manufacturers' Shipments, Inventories, and Orders (M3)The survey measures current industrial activity and provides an indication of future business trends. It...
• ManufacturingThe Manufacturing sector comprises establishments engaged in the mechanical, physical, or chemical...
• Manufacturing and Trade Inventory and SalesProvides monthly measures of combined changes in domestic retail trade, wholesale trade and manufacturers'...
• Margin of ErrorA margin of error is the difference between an estimate and its upper or lower confidence bounds. Confidence...
• Marginally attached to the labor forcePeople not in the labor force who want and are available for work, and who have looked for a job sometime in...
• Marital statusStatus of individuals who are currently married or had ever been married, classified as either "married...
• Mass-market softwareSoftware that is generally available to the public by being sold at retail selling points, or directly from...
• Master Address FileThe Census Bureau's official inventory on known living quarters (HUs and GQ facilities) and selected...
• Materials and Supplies InventoryAll unprocessed raw and semifabricated commodities and supplies for which you have title. Manufacturers'...
• Materials and/or supplies, parts, fuels, etc. inventories, beginning of year ($1,000)The total value of merchandise inventories owned on December 31st of the year prior to the reporting year...
• Materials and/or supplies, parts, fuels, etc. inventories, end of year ($1,000)The total value of merchandise inventories owned on December 31st of the reporting year (and/or the prior...
• Materials inputGoods and commodities that are consumed, combined, or transformed in the production process to create other...
• Materials productivityEfficiency at which material inputs are used to produce output of goods and services.
• Maximum out-of-pocket expenseMaximum dollar amount a plan participant is required to pay out of pocket during a year, in addition to the...
• Meals included in rentThese data only include rental units which meals are included in the rent, or if occupants contract for...
• MeanMathematical average of a set of numbers, calculated by adding the numbers and dividing the total by the...
• Mean incomeMean income is the amount obtained by dividing the total income of a particular statistical universe by the...
• Meaning of class of customer codeClass of customer categories.
• Meaning of employment size of establishments codeEmployment size categories of establishments. Employment size categories are based on the number of paid...
• Meaning of employment size of firms codeEmployment size categories of firms. Employment size categories are based on the number of paid employees.
• Meaning of enterprise support industry served codeEnterprise support industry served.
• Meaning of exported services status indicatorExported services status indicator.
• Meaning of firm concentration codeConcentration of sales, value of shipments, or revenue by largest firm size ranges.
• Meaning of kind-of-business construction codeThe kind-of-business construction code is based on the primary construction's business activity. It is...
• Meaning of legal form of organization codeThe legal form of organization, generally based on information from administrative records of other federal...
• Meaning of location of construction work by state codeThe location of construction work by state code refers to the state location where the construction work was...
• Meaning of sales, value of shipments, or revenue size of establishments codeSales, value of shipments, or revenue size categories of establishments.
• Meaning of sales, value of shipments, or revenue size of firms codeSales, value of shipments, or revenue size categories of firms.
• Meaning of single unit/multiunit firm codeType of establishment (single unit or multiunit) and, if multiunit, establishment size categories for...
• Meaning of tax status codeIn addition to being classified by kind of business, establishments in selected services sectors are also...
• Meaning of type of operation codeIn addition to being classified by kind of business, merchant wholesale establishments are also classified by...
• Meaning of type of telemedicine codeRevenues rendered from telemedicine services.
• Means of transportation to workThe principal mode of travel or type of conveyance, by distance rather than time, that the worker usually...
• Measure of SizeA generic term used to refer to the estimated size of a specific administrative or statistical area. It is...
• Measurement errorExtent to which a respondent's reported value differs from the true value.
• MedianThis measure represents the middle value (if n is odd) or the average of the two middle values (if n is even)...
• Median ageThe median age is the age at the midpoint of the population. Half of the population is older than the median...
• Median days away from workMedian number of days of missed work due to injury or illness.
• Median incomeThe median income divides the income distribution into two equal groups, one having incomes above the median...
• MelanesiaThe Census Bureau has many programs and surveys that provide data according to geographical regions...
• Membership (of retirement systems)Active members include employees making payments to contributory pension plans, as well as other employees on...
• Mental disabilityAccording to the American Housing Survey, a person with a mental disability has serious difficulty...
• MerchandiseGoods, supplies, raw materials, and products or any other item identified by a Harmonized System (HS) code.
• Merchandise TradeGoods, including physical items such as automobiles, steel, food, clothing, appliances, and furniture...
• Merchandise Trade BalanceThe merchandise trade balance represents the difference between U.S. total exports based on Free Along Ship...
• Merchant WholesalersThis term describes wholesalers which take title to the goods they sell. For example, all of these are...
• MergerTwo or more entities that have joined together to create a single entity.
• MetadataInformation describing some object or resource.
• Method of TransportationThe method by which goods arrive in or are exported from the United States by way of seaports, airports, or...
• MetropolitanRefers to the area and population located in metropolitan statistical areas.
• Metropolitan and NECTA divisionsSubareas of a Metropolitan Statistical Area or NECTA for which independent estimates can be derived.
• Metropolitan AreaFormerly, a collective term established by the Office of Management and Budget to refer to metropolitan...
• Metropolitan DivisionA county or group of counties (or equivalent entities) delineated within a larger metropolitan statistical...
• Metropolitan Statistical AreaLarge population center, together with adjacent communities, that have a high degree of economic and social...
• Microdata filesFiles with non-aggregated data about the units sampled. For surveys of individuals, microdata files contain...
• MicronesiaThe Census Bureau has many programs and surveys that provide data according to geographical regions...
• Micropolitan Statistical AreaA geographic entity delineated by the Office of Management and Budget for use by federal statistical...
• MICSMultiple Indicator Cluster Survey.
• Middle AfricaThe Census Bureau has many programs and surveys that provide data according to geographical regions...
• Middle classTerm commonly used to identify people who are neither wealthy or poor, but are between these groups. The...
• Mid-March EmploymentPaid employment consists of full- and part-time employees, including salaried officers and executives of...
• MidwestIllinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota...
• Midyear populationThe population estimate for July 1 of the given year.
• MigrationMigration includes all changes of residence including moving into, out of, or within a given area. Foreign...
• Military dependentsA person who is dependent of either (a) an active-duty member of the Armed Forces or (b) a retired member of...
• Military leave (paid)Paid leave from work when one is called to fulfill military commitments.
• Minimum-wage workersHourly paid workers with earnings at or below the prevailing federal minimum wage.
• Mining, Quarrying, and Oil and Gas ExtractionThe Mining, Quarrying, and Oil and Gas Extraction sector comprises establishments that extract naturally...
• Minor Civil DivisionA primary governmental and/or administrative subdivision of a county or equivalent entity in 29 states...
• Miscellaneous and unallocated expenditureGeneral expenditure for purposes and activities not falling within any standard functional category and...
• Miscellaneous commercial activitiesProvision and operation of commercial facilities not classified under particular functions. Includes a bank...
• MitigationFull or partial elimination of hazardous conditions or exposures in the workplace by means of the...
• Mobile AppsOur users are not only changing how they want our statistics, they're changing how they access them. To...
• Mobile homes or boat costsThe total annual costs for installment loan payments, personal property taxes, site rent, marina fees...
• Mode of collectionMethod or instrument used to obtain data from survey respondents.
• Mode of TransportationThe type of transportation used for moving a shipment to its domestic destination. (For exports, the domestic...
• Modern methods of contraceptionCondoms, IUD's, pills, vaginal methods (spermicides, diaphragms, or caps), injectables, and voluntary...
• Money purchase pension plansPension plans that provide for fixed employer contributions, typically calculated as a percentage of employee...
• Monthly housing costsMonthly housing costs are developed from a distribution of "Selected Monthly Owner Costs" for owner-occupied...
• Monthly housing costs as a percentage of incomeThe data for monthly housing costs as a percentage of household income are developed from a distribution of...
• Monthly payment for principal and interestThe data in the American Housing Survey present the monthly dollar amount paid on the mortgage for principal...
• Monthly Retail Trade and Food Services Survey (MRTS)Provides current estimates of sales at retail and food services stores and inventories held by retail stores.
• Monthly Wholesale Trade SurveyProvides month-to-month trends for sales and inventories of U.S. merchant wholesalers, excluding...
• Months' Supply of New Houses for SaleThe months' supply is the ratio of houses for sale to houses sold. This statistic provides an indication of...
• More developed countriesThe Census Bureau has many programs and surveys that provide data according to geographical regions...
• Mortgage originationIn the American Housing Survey, data are shown for owner-occupied units with one or more mortgages. Placed...
• Mortgage paymentThe regular monthly amount required to be paid to the lender for the first mortgage (deed of trust, contract...
• Mortgage status"Mortgage" refers to all forms of debt where the property is pledged as security for repayment of the debt...
• MortgagesA mortgage or similar debt refers to all forms of debt for which the property is pledged as security for...
• Motor fuel sales taxesSee Sales and gross receipts taxes.
• Multifamily HousingResidential buildings containing units built one on top of another and those built side-by-side which do not...
• Multiple jobholdersEmployed people who, during the reference week, had either two or more jobs as wage and salary workers, were...
• Multiunit FirmFirms with two or more establishments.
• Multi-unit structureA building that contains more than one housing unit (for example, an apartment building).
• Multi-Year EstimatesThree- and five-year estimates based on multiple years of ACS data. Three-year estimates will be published...
• Municipal governmentsOrganized local governments authorized in state constitutions and statutes and established to provide...
• MunicipioPrimary legal divisions of Puerto Rico. These are treated as county equivalents.
• Musculoskeletal disordersInjuries and illnesses affecting the muscles, bones, and connective tissues of the body.

116 of 2,177 terms in Economic statistics terminology (MLC-0116). Request the full dataset.