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The 1997 Economic Census and Michigan : Who is Dr. NAICS anyway? LCTTP Fall 2000.

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The 1997 Economic Census and Michigan: Who is Dr. NAICS anyway? LCTTP Fall 2000
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The 1997 Economic Census and Michigan:

Who is Dr. NAICS anyway?

LCTTP Fall 2000

Provides correspondence tables.

The @ sign indicates that time series break exists.

Codes: E-existing, N--new industry, C-comparable to Canada, Blankcomparable to all three

Who is Dr. NAICS?

SIC vs. NAICS

SICmanufacturing basedfounded in the 1930slast update 1987not comparable to other nations

NAICSimplemented in 1997 (Econ Census)gives greater weight to service industrywill be updated every 5 yearscomparable to Mexico and Canada

NAICS: It WILL affect you research

358 new industries (e.g. bed and breakfast)390 revised industries422 continue substantially unchanged

In some cases old SIC codes will not be derivable.Therefore, many time series projects will be disrupted.

All New Numbering systemAll New Numbering system

31 Sector Manufacturing 315 Sub-sector Apparel Manufacturing3151 Industry Group Apparel Knitting Mills31511 NAICS Industry Hosiery and Sock Mills315111 US Industry Sheer Hosiery Mills

What has been done to make life easier?

HANDS ON

Starting at the Bridge Document:1. From SIC code 2353

A. Find the corresponding 6 digit NAICS CodeB. What is the nature of the bridge?

2. Now find SIC code 2396A. Find the corresponding 6 digit NAICS codeB. Will there be any effect on time series?


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