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2012 Economic Census Reference Webinar Series What’s New for the 2012 Economic Census (Industries) Webinar # 2 of 4 February 12 th, 2014 Andrew W. Hait.

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Presentation on theme: "2012 Economic Census Reference Webinar Series What’s New for the 2012 Economic Census (Industries) Webinar # 2 of 4 February 12 th, 2014 Andrew W. Hait."— Presentation transcript:

1 2012 Economic Census Reference Webinar Series What’s New for the 2012 Economic Census (Industries) Webinar # 2 of 4 February 12 th, 2014 Andrew W. Hait Data Product & Data User Liaison U.S. Census Bureau

2 Outline NAICS Overview New Industries? Industry Consolidations? Other Changes? Where To Go for More Info Preview of Webinars 3 and 4 2

3 The North American Industry Classification System (NAICS) Launched in 1997 as part of NAFTA Updated every 5 years Hierarchical 3 53, Real estate and rental and leasing 531, Real estate 5311, Lessors of real estate 5312, Offices of real estate agents and brokers 5313, Activities related to real estate 53131, Real estate property managers 531311, Residential property managers 531312, Nonresidential property managers 53132, Offices of real estate appraisers 532, Rental and leasing Sector Sub-sector Industry Group Industry U.S. Industry

4 11 Agriculture, Forestry, Fishing, and Hunting 21 Mining 22 Utilities 23 Construction 31-33 Manufacturing 42 Wholesale Trade 44-45 Retail Trade 48-49 Transportation and Warehousing 51 Information 52 Finance and Insurance 53 Real Estate and Rental and Leasing 54 Professional, Scientific and Technical Services 55Management of Companies and Enterprises 56 Administrative and Support and Waste Management and Remediation Services 61 Educational Services 62 Health Care and Social Assistance 71Arts, Entertainment and Recreation 72Accommodation and Food Services 81Other Services (except Public Administration) 92 Public Administration Not covered by Econ Census; Partial coverage in Econ Census NAICS Sectors 4

5 NAICS Industries NOT Covered Whole Industries Excluded: 11: Agriculture, forestry… 482: Rail transportation 525: Funds, trusts 6111-6113: Schools & colleges 8131: Religious organizations 81393: Labor Unions 81394: Political organizations 814: Private Households 92: Public administration Partial Exclusions: Public utilities Post exchanges Gov’t-owned buses, subways Gov’t-owned ambulance services Gov’t-owned hospitals ARE covered [Note: Most of these industries ARE covered in other federal data programs.] 5

6 New Industries for the 2012 Economic Census New and emerging industries –Breakout of solar, wind, geothermal, and biomass electric power generation from All Other Electric Power Generation (NAICS 221119) –Stats: Number of businesses: 673 in 2011 with 9,058 employees (435 in 2007) CA: 106, TX: 53, MN: 50 6

7 Industry Changes for the 2012 Econ Census Consolidations due to decrease in number of companies due to: –General industry decline –Company consolidation (mergers and acquisitions) Primarily impacts the manufacturing sector (178 industries) Stats: –Steel mills (880 in 2007, 570 in 2011) –Machine tools (579 to 626 (cutting type) and 292 to 312 (forming type) 7

8 Other Industry Changes Changes to (and consolidation of ) existing industries due to market change Primarily impact the Retail and A&F sectors Stats –Computer Stores: 12,411 in 2007, 10,292 in 2011 –Camera Stores: 2,049 to 1,115 –Music Stores: 4,496 to 2,379 8

9 Where Can I Go for More Information? NAICS web site (http://www.census.gov/eos/www/naics/)http://www.census.gov/eos/www/naics/ –Industry definitions and Concordance tables –Relationships to other systems –Federal Register Notices

10 Where Else Can I Go? Industry Statistics Portal (ISP) ( www.census.gov/econ/isp/) –Industry Definitions and Comparability back to 1997 –Will be updated in late Feb/early March 2014

11 Anywhere Else? Bridge and Comparative Statistics Reports (on AFF) –Magnitude of the changes (Bridge) –Consistent comparison between prior vintage and current (Comparative Statistics) –Scheduled for release in June 2016

12 Webinar Series - What’s Next… #3: What’s New for the 2012 Economic Census (Geographies) – Wed. Feb 26 th, 2pm –More small places, new counties and metros, more sectors with local data, other changes #4: What Else Is New for the 2012 Economic Census – Wed. Mar 12 th, 2pm –New business.census.gov site (incorporating the Industry Statistics Portal), product updates, new Enterprise Statistics report

13 Questions

14 Any other Questions: Andrew.W.Hait@census.gov (301)763-6747 Thank You! Andrew.W.Hait@census.gov


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