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Definition: The Management of Companies and Enterprises sector comprises (1) Industries 551111 and 551112, Holding Companies, which include establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions, and (2) Industry 551114, Corporate, Subsidiary, and Regional Managing Offices, which includes establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise that normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise. Data for the two groups of industries are presented in separate reports. Establishments in this sector perform essential activities that are often undertaken, in-house, by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.
Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing, and recordkeeping, personnel, and physical distribution and logistics are classified in Industry 56111, Office Administrative Services.
Comparability with SIC data: The Management of Companies and Enterprises sector (new) includes holding companies that were classified in SIC Division H, Finance, Insurance, and Real Estate, and corporate, subsidiary, and regional managing offices of companies and enterprises. Managing offices of companies or enterprises were considered to be "auxiliary" establishments in the SIC system. See discussion of "Auxiliaries" for additional explanation of the treatment of auxiliary establishments in the 1992 and 1997 Economic Censuses.
Geographic detail: The Economic Census publishes data for the Management of Companies and Enterprises sector only for the U.S. and states.
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|Bridge Between NAICS and SIC (national only)||defines comparability of individual industries.|
|Comparative Statistics (U.S. and states)||1997 and 1992 data side by side on a comparable SIC basis|
|Nonemployer Statistics (U.S., states, counties, metros)||Nonemployers account for 0 % of establishments and .0 % of receipts in this sector, but are excluded from the reports below.|
|EC97A55S-SB||Miscellaneous Subjects||not yet released|
Geographic Area Series
|EC97F55-US||U.S.(part--551111&2)||February 16, 2000||$25|
|EC97A55-US||U.S. (part--551114)||February 02, 2000||$25|
See also the consolidated list of Economic Census reports.