NAICS Code 561990-20 - Statistical Service

Marketing Level - NAICS 8-Digit

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NAICS CODE 561990-20
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NAICS Code 561990-20 Description (8-Digit)

The Statistical Service industry involves providing statistical analysis and data management services to clients across various sectors. This industry is responsible for collecting, analyzing, and interpreting data to help businesses make informed decisions. Statistical Service providers use various statistical methods and tools to analyze data and provide insights to clients. They also help clients in designing surveys, collecting data, and preparing reports. The Statistical Service industry is an essential part of the modern business landscape, and its services are in high demand across various sectors.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 561990 page

Tools

Tools commonly used in the Statistical Service industry for day-to-day tasks and operations.

  • Statistical software (e.g., SAS, SPSS, R)
  • Data visualization tools (e.g., Tableau, Power BI)
  • Database management systems (e.g., SQL Server, Oracle)
  • Survey design tools (e.g., Qualtrics, SurveyMonkey)
  • Data cleaning tools (e.g., OpenRefine, Trifacta)
  • Machine learning tools (e.g., TensorFlow, Scikit-learn)
  • Excel and other spreadsheet software
  • Programming languages (e.g., Python, Java)
  • Cloud computing platforms (e.g., AWS, Azure)
  • Text analytics tools (e.g., RapidMiner, KNIME)

Industry Examples of Statistical Service

Common products and services typical of NAICS Code 561990-20, illustrating the main business activities and contributions to the market.

  • Market research analysis
  • Opinion polling
  • Economic forecasting
  • Healthcare data analysis
  • Social science research
  • Environmental data analysis
  • Financial data analysis
  • Sports analytics
  • Quality control analysis
  • Educational research

History

A concise historical narrative of NAICS Code 561990-20 covering global milestones and recent developments within the United States.

  • The Statistical Service industry has a long history dating back to the 17th century when John Graunt, a London haberdasher, published a book called "Natural and Political Observations Made upon the Bills of Mortality." This book was the first to use statistical methods to analyze data and make predictions. In the 19th century, the industry saw significant growth with the development of the census and the use of statistical methods in social sciences. In the 20th century, the industry continued to grow with the development of computers and the use of statistical methods in business and government. In recent years, the industry has seen a surge in demand due to the increasing availability of data and the need for businesses to make data-driven decisions. In the United States, the Statistical Service industry has a rich history dating back to the founding of the country. The first census was conducted in 1790, and since then, the industry has played a critical role in shaping public policy and business decisions. In the 20th century, the industry saw significant growth with the development of statistical methods in social sciences and the use of computers. In recent years, the industry has seen a surge in demand due to the increasing availability of data and the need for businesses to make data-driven decisions. The industry has also been impacted by the COVID-19 pandemic, with many businesses relying on statistical analysis to make decisions related to the pandemic response.