Tag Archives: North American Industry Classification System

Regional Economic Information System Updates

Goto ProximityOne  Are we better off? … How is our per capita measure of economic prosperity trending?  Answers to these questions, helping us determine where we are and how things might change in the future are partly provided by the REIS economic data updated in November 2013. This section provides an overview of the latest  Regional Economic Information System (REIS) data and how these data compare to other data in related analyses and decision-making applications.  The REIS county-level data are annually updated by the U.S. Bureau of Economic Analysis.

The change in per capita personal income, 2008-2012, by county is shown in the map below (second map shows percent change, same period).  Per capita personal income (PCPI) is the most comprehensive measure of economic activity available at the county level for all counties in the U.S.

pcpi0812

PCPI Percent Change 2008-12 almost mirrors dollar change shown above.
pcpi0812pct

Our work with the REIS data dates to the 1970s where these data were used in state forecasting models by the State of Missouri.  Today, we integrate the REIS data into Situation&Outlook.  The REIS annual time series is an indispensable part of any continuing county and regional comprehensive modeling and analysis.

Relation to ACS
REIS and the Census Bureau American Community Survey (ACS) 5-year data provide an annual, but different, characterization of the county level economy.  The two sources should be used in combination; one is not better than the other.  Some selected comparisons … REIS most current data are for 2012; the ACS 2012 5-year data (December 2013) are centric to 2010.  REIS data are developed from employer reported data supplemented with other wide-ranging measures for one year; ACS 5-year estimates are based on a sample survey over a 5 year period. REIS data provide a 20+ year annual time series; ACS 5-year data are available for four years on a comparable basis.  REIS data are available for counties, metros and states; ACS 5 year data go down to block group level and cover many other types of geography.  REIS is predominantly economic; ACS data are predominately demographic. REIS metro data use the 2013 vintage metros; all available ACS 5-year data are based on the 2009/Census 2010 vintage metros.

Relation to CEW
REIS data are based substantially on employment and payroll data from the Bureau of Labor Statistics Census of Employment and Wages (CEW).  Analyses should make use of both sources.  Some comparisons … REIS data are annual only; CEW data are quarterly and annual.  REIS most current data are for 2012; CEW data are available for 1st quarter 2013; CEW will be almost two years more recent when the REIS data are released in 2014.  REIS data go to the 2-digit NAICS level; CEW data go to the 6-digit NAICS level. County is the low level geography for REIS and CEW.

Scope of REIS Data
As a generalization, the REIS data are annual time series starting in 1970 and continue to 2012.  The series are developed for many types of subject matter by county, metro and state.  The series are organized as shown below.  Click a link to view a sample profile for Harris County, TX for 2011 and 2012.

• Personal income, per capita personal income, and population (CA1-3)
• Personal income summary (CA04)
• Personal income and earnings by industry (CA05, CA05N)
• Compensation of employees by industry (CA06, CA06N)
• Economic profiles (CA30)
• Gross flow of earnings (CA91)

Access and Interactive Analysis
Use the interactive table at http://proximityone.com/reis13.htm to view, rank compare annual estimates, and change, of per capita personal income for selected years by county, metro and state.  See related maps and about mapping tools using the REIS data in that section.  The more detailed data shown in above examples are available via Situation & Outlook integrated with multi-sourced data.

Healthcare Sector Demographic-Economic Characteristics

As of the first quarter 2013, private sector healthcare and social assistance sector (NAICS 62) accounted for approximately 13.3 percent of total U.S. payroll and 15.8 percent of total U.S. employment.  The average weekly wages were $836 in this sector compared to $995 for all industries (based on BLS/CEW data). About NAICS. About NAICS 62.

Much of the healthcare marketplace is now dominated by confusion with exceptional uncertainty and risk.  Businesses and stakeholders seeking to understand the what, when and where of change might impact their markets and affect them, their clientele and the marketplace.  This section reviews selected geographic, demographic and economic data, mainly from  the Federal statistical system, that can help reduce uncertainty and risk through data-driven decision-making.

Selected U.S. National Scope Data Resources
Quarterly Census of Employment and Wages (CEW)
Data about healthcare sector business activity by NAICS
Strengths
… quarterly time series; most recent data available; county level data;
… 6-digit NAICS detail; based on employer reported data
Limitations
… difficult to access and use; extensive suppression
… suppression: data withheld to avoid release of confidential information
Access
Bureau of Labor Statistics
County Business Patterns (CBP)
Data about healthcare sector business activity by NAICS
Strengths
… annual; county and ZIP code data; based on employer reported data
Limitations
… most recent data are too dated; suppression
… suppression: data withheld to avoid release of confidential information
Access
Census County Business Patterns
Metro Gross Domestic Product (GDP)
Metro data on the characteristics of healthcare sector as GDP component
Strengths
… annual; per capita real GDP time series; data for each metro;
Limitations
… suppression
… suppression: data withheld to avoid release of confidential information
Access
Metro GDP
Area Health Resources Files (AHRF)
HRSA integrated source of health-related data
Strengths
… annual; county; multi-sourced; wide ranging subject matter
Limitations
… limitations on use and redistribution
Access
HRSA ARF
American Community Survey (ACS) Summary Data
Data about the population: employment by industry; disabilities; insurance
Strengths
… annual; county to block group data;
Limitations
… smaller areas: data are dated
Access
American Community SurveyACS 2012
ACS Public Use Microdata Samples
Data about the population: user develops custom estimates
Strengths
… annual; enables custom demographic estimates
Limitations
… smallest area of estimation: PUMA; 100,000 population or more
Access
Public Use Microdata Samples
Health Insurance
Health insurance data based on
Current Population Surveys Annual Social and Economic Supplement (CPS ASEC)
Survey of Income and Program Participation (SIPP).
Strengths
… annual; enables custom demographic estimates
Limitations
… larger geographic areas
Access
Census Bureau Health Insurance Data
Demographic-Economic Projections
Projected data about the population and businesses
Insights into how age-gender-race groups will change in future
Strengths
… annual projections of population by single year of age to 2060
… county level data
Limitations
… estimates based on assumptions and models
Access
5 year estimates & projections2060 projections
Clinic and Hospital Facilities
Establishments/locations of healthcare provider facilities
Strengths
… establishment location data
Limitations
… incomplete universe; limited subject matter
Access
HHS Medicare
TIGER/Line Geographic Shapefiles
Shapefiles to link/associate many subject matter data listed here.
Strengths
… most national scope statistical and political geography
… enables visual and geospatial analysis
Limitations
… no subject matter data
Access
2013 TIGER/Line Shapefiles
About NAICS
The North American Industry Classification System (NAICS) is the statistical standard used in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the Standard Industrial Classification (SIC) system.
About the Healthcare and Social Assistance Sector
The Health Care and Social Assistance sector includes both health care and social assistance because it is sometimes difficult to distinguish between the boundaries of these two activities. Industries in this sector are on a continuum starting with those establishments providing medical care exclusively, those providing health care and social assistance, and those providing only social assistance. Services provided by establishments in this sector are delivered by trained professionals. Industries in the sector share commonality of labor inputs of health practitioners or social workers with requisite expertise. Many industries in the sector are defined based on the educational degree held by the practitioners included in the industry.
Ambulatory Health Care Services: NAICS 621
– Offices of Physicians: NAICS 6211
– Offices of Dentists: NAICS 6212
– Offices of Other Health Practitioners: NAICS 6213
– Outpatient Care Centers: NAICS 6214
– Medical and Diagnostic Laboratories: NAICS 6215
– Home Health Care Services: NAICS 6216
– Other Ambulatory Health Care Services: NAICS 6219Hospitals: NAICS 622
– General Medical and Surgical Hospitals: NAICS 6221
– Psychiatric and Substance Abuse Hospitals: NAICS 6222
– Specialty (except Psychiatric and Substance Abuse) Hospitals: NAICS 6223
Nursing and Residential Care Facilities: NAICS 623
– Nursing Care Facilities: NAICS 6231
– Residential Mental Retardation, Mental Health/Substance Abuse Facilities: NAICS 6232
– Community Care Facilities for the Elderly: NAICS 6233
– Other Residential Care Facilities: NAICS 6239Social Assistance: NAICS 624
– Individual and Family Services: NAICS 6241
– Community Food/Housing, and Emergency/Other Relief Services: NAICS 6242
– Vocational Rehabilitation Services: NAICS 6243
– Child Day Care Services: NAICS 6244

An upcoming section will review tools and methods to integrate and use these data.