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QCEW Revisions

Overview of QCEW Revisions

All QCEW data undergo a process of revision. The number of revisions depends on the data's reference quarter. For the first quarter of each year, QCEW data are published five times. The data are first released in September of the reference year followed by a revision in December and then three more revisions in March, June, and September of the subsequent year. Second-quarter data are published four times, first in December of the reference year, and then through revisions in March, June, and September of the subsequent year. Third-quarter data are published three times, first in March of the subsequent year, and then through revisions in June and September. And finally, fourth-quarter data are published two times, first in June of the subsequent year, and then through a single revision in September.

As shown in the tables below, the magnitude of revisions is correlated with the number of times the data get revised, whereby first-quarter data tend to get revised the most and fourth-quarter data tend to get revised the least. However, the magnitude of revisions is always relatively small. In any given quarter, the establishment count rarely changes more than +/- 1% from initial to final publication, and employment and wage levels rarely change more than +/- 0.1%.

Downloadable Data

Data that track changes to establishment, employment, and wage totals at the national and state levels are available for download. This dataset goes back to the first quarter of 2017 and is updated after each QCEW news release:

Download national and state-level revision data (2017 - Present): CSV

Tables

The tables below detail QCEW revisions in recent years for the United States across all ownerships and industries. These tables are updated quarterly with the publication of new QCEW data.

Table 1. Initial and revised counts of total establishments, United States
Table 2. Initial and revised total employment levels, United States
Table 3. Initial and revised total wage levels, United States (in millions of $)

Table 1. Initial and revised counts of total establishments, United States^[1]
Quarter	Initial Value	1st Revised Value	2nd Revised Value	3rd Revised Value	4th Revised Value	Final Value	Final - Initial	Percent Change
2022 Q1	11,299,030	11,294,919	11,281,490	11,281,736	11,273,186	11,273,186	-25,844	-0.2
2022 Q2	11,460,819	11,445,290	11,453,208	11,444,566	[2]	11,444,566	-16,253	-0.1
2022 Q3	11,608,876	11,621,394	11,604,587	[2]	[2]	11,604,587	-4,289	-0.0
2022 Q4	11,785,706	11,754,909	[2]	[2]	[2]	11,754,909	-30,797	-0.3
2023 Q1	11,883,196	11,841,874	11,820,143	11,787,278	11,766,298	11,766,298	-116,898	-1.0
2023 Q2	11,964,606	11,878,843	11,829,270	11,785,717	[2]	11,785,717	-178,889	-1.5
2023 Q3	12,026,378	11,958,748	11,903,784	[2]	[2]	11,903,784	-122,594	-1.0
2023 Q4	12,090,132	12,009,425	[2]	[2]	[2]	12,009,425	-80,707	-0.7
2024 Q1	12,169,000	12,087,221	12,048,369	11,929,879	11,907,855	11,907,855	-261,145	-2.1
2024 Q2	12,238,175	12,164,601	12,045,711	12,021,727	[2]	12,021,727	-216,448	-1.8
2024 Q3	12,297,414	12,162,989	12,102,194	[2]	[2]	12,102,194	-195,220	-1.6
2024 Q4	12,265,395	12,197,706	[2]	[2]	[2]	12,197,706	-67,689	-0.6
2025 Q1	12,249,320	12,141,467	12,120,537	12,077,952	11,963,690	11,963,690	-285,630	-2.3
2025 Q2	12,244,089	12,221,340	12,166,763	12,038,828	[2]	12,038,828	-205,261	-1.7
2025 Q3	12,353,804	12,288,691	12,159,477	[2]	[2]	12,159,477	-194,327	-1.6
2025 Q4	12,428,415	12,289,703	[2]	[2]	[2]	12,289,703	-138,712	-1.1
2026 Q1	12,381,750	[3]	[3]	[3]	[3]	[3]	[3]	[3]
^[1] Includes the District of Columbia. Excludes Puerto Rico and the Virgin Islands. ^[2] Not applicable; Data do not undergo this revision. ^[3] Not yet published.

Table 2. Initial and revised total employment levels, United States^[1]
Month	Initial Value	1st Revised Value	2nd Revised Value	3rd Revised Value	4th Revised Value	Final Value	Final - Initial	Percent Change
Mar. 2022	147,648,359	147,781,400	147,815,124	147,815,394	147,775,977	147,775,977	127,618	0.1
Jun. 2022	149,901,995	150,541,452	150,658,220	150,675,725	[2]	150,675,725	773,730	0.5
Sep. 2022	151,239,638	151,498,101	151,524,979	[2]	[2]	151,524,979	285,341	0.2
Dec. 2022	152,317,914	152,525,285	[2]	[2]	[2]	152,525,285	207,371	0.1
Mar. 2023	151,418,052	151,528,335	151,550,657	151,543,636	151,569,737	151,569,737	151,685	0.1
Jun. 2023	154,308,523	154,421,979	154,428,358	154,459,630	[2]	154,459,630	151,107	0.1
Sep. 2023	153,772,811	154,027,988	154,059,660	[2]	[2]	154,059,660	286,849	0.2
Dec. 2023	154,848,113	155,014,465	[2]	[2]	[2]	155,014,465	166,352	0.1
Mar. 2024	153,585,576	153,736,552	153,750,402	153,749,047	153,848,430	153,848,430	262,854	0.2
Jun. 2024	155,710,239	155,893,111	155,900,987	156,008,285	[2]	156,008,285	298,046	0.2
Sep. 2024	155,360,357	155,553,953	155,644,433	[2]	[2]	155,644,433	284,076	0.2
Dec. 2024	156,202,874	156,401,043	[2]	[2]	[2]	156,401,043	198,169	0.1
Mar. 2025	154,523,785	154,627,844	154,638,993	154,670,764	154,686,369	154,686,369	162,584	0.1
Jun. 2025	156,428,758	156,555,211	156,569,982	156,583,988	[2]	156,583,988	155,230	0.1
Sep. 2025	155,767,691	155,883,147	155,918,238	[2]	[2]	155,918,238	150,547	0.1
Dec. 2025	156,700,218	156,855,311	[2]	[2]	[2]	156,855,311	155,093	0.1
Mar. 2026	154,771,941	[3]	[3]	[3]	[3]	[3]	[3]	[3]
^[1] Includes the District of Columbia. Excludes Puerto Rico and the Virgin Islands. ^[2] Not applicable; Data do not undergo this revision. ^[3] Not yet published.

Table 3. Initial and revised total wage levels, United States (in millions of $)^[1]
Quarter	Initial Value	1st Revised Value	2nd Revised Value	3rd Revised Value	4th Revised Value	Final Value	Final - Initial	Percent Change
2022 Q1	2,621,224	2,622,652	2,622,990	2,622,964	2,623,077	2,623,077	1,853	0.1
2022 Q2	2,517,904	2,519,073	2,519,285	2,519,113	[2]	2,519,113	1,209	0.0
2022 Q3	2,609,770	2,612,161	2,612,347	[2]	[2]	2,612,347	2,577	0.1
2022 Q4	2,742,401	2,745,200	[2]	[2]	[2]	2,745,200	2,799	0.1
2023 Q1	2,873,835	2,874,415	2,874,583	2,874,742	2,875,278	2,875,278	1,442	0.1
2023 Q2	2,656,499	2,657,479	2,658,054	2,658,473	[2]	2,658,473	1,974	0.1
2023 Q3	2,653,972	2,657,443	2,657,693	[2]	[2]	2,657,693	3,721	0.1
2023 Q4	2,886,735	2,889,824	[2]	[2]	[2]	2,889,824	3,089	0.1
2024 Q1	3,035,292	3,037,201	3,037,279	3,036,345	3,037,790	3,037,790	2,499	0.1
2024 Q2	2,804,559	2,806,578	2,805,581	2,807,417	[2]	2,807,417	2,858	0.1
2024 Q3	2,803,069	2,804,354	2,805,442	[2]	[2]	2,805,442	2,374	0.1
2024 Q4	3,062,610	3,064,291	[2]	[2]	[2]	3,064,291	1,681	0.1
2025 Q1	3,182,536	3,189,734	3,190,126	3,190,796	3,191,035	3,191,035	8,499	0.3
2025 Q2	2,916,175	2,917,180	2,917,378	2,917,718	[2]	2,917,718	1,543	0.1
2025 Q3	2,946,281	2,947,862	2,948,110	[2]	[2]	2,948,110	1,829	0.1
2025 Q4	3,199,848	3,202,365	[2]	[2]	[2]	3,202,365	2,517	0.1
2026 Q1	3,320,293	[3]	[3]	[3]	[3]	[3]	[3]	[3]
^[1] Includes the District of Columbia. Excludes Puerto Rico and the Virgin Islands. ^[2] Not applicable; Data do not undergo this revision. ^[3] Not yet published.

Last modified date: August 28, 2026