NAICS Code 926110-01 - City Government-Economic Program Adm

Marketing Level - NAICS 8-Digit

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NAICS Code 926110-01 Description (8-Digit)

City Government-Economic Program Adm is an industry that involves the administration of economic programs by city governments. This industry is responsible for the development and implementation of economic policies and programs that promote economic growth and development within a city. The main objective of this industry is to create a favorable business environment that attracts investment and promotes job creation. City Government-Economic Program Adm is a vital industry that plays a significant role in the economic development of a city.

Hierarchy Navigation for NAICS Code 926110-01

Tools

Tools commonly used in the City Government-Economic Program Adm industry for day-to-day tasks and operations.

  • Economic Development Software
  • Geographic Information Systems (GIS)
  • Business Intelligence Software
  • Customer Relationship Management (CRM) Software
  • Project Management Software
  • Financial Analysis Software
  • Marketing Automation Software
  • Social Media Management Software
  • Website Analytics Software
  • Survey Software

Industry Examples of City Government-Economic Program Adm

Common products and services typical of NAICS Code 926110-01, illustrating the main business activities and contributions to the market.

  • Business Attraction
  • Business Retention
  • Economic Development Planning
  • Workforce Development
  • Small Business Development
  • Entrepreneurship Support
  • Industry Cluster Development
  • Foreign Direct Investment
  • Tourism Development
  • Infrastructure Development

Certifications, Compliance and Licenses for NAICS Code 926110-01 - City Government-Economic Program Adm

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Business License: A business license is required for any business operating within a city or county. The requirements for obtaining a business license vary depending on the location of the business. The Small Business Administration provides information on how to obtain a business license in each state.
  • Zoning Permit: A zoning permit is required for any business that is located in a specific zone. The requirements for obtaining a zoning permit vary depending on the location of the business. The Small Business Administration provides information on how to obtain a zoning permit in each state.
  • Building Permit: A building permit is required for any business that is constructing or renovating a building. The requirements for obtaining a building permit vary depending on the location of the business. The Small Business Administration provides information on how to obtain a building permit in each state.
  • Occupational License: An occupational license is required for any business that provides a professional service, such as a lawyer or accountant. The requirements for obtaining an occupational license vary depending on the location of the business. The Small Business Administration provides information on how to obtain an occupational license in each state.
  • Sales Tax Permit: A sales tax permit is required for any business that sells goods or services. The requirements for obtaining a sales tax permit vary depending on the location of the business. The Small Business Administration provides information on how to obtain a sales tax permit in each state.

History

A concise historical narrative of NAICS Code 926110-01 covering global milestones and recent developments within the United States.

  • The City Government-Economic Program Adm industry has a long history worldwide, with the earliest known examples dating back to ancient civilizations such as Greece and Rome. These early programs focused on trade and commerce, and were often run by the government to ensure fair practices and protect consumers. In the United States, the industry has evolved significantly over the past century, with the establishment of federal agencies such as the Small Business Administration and the Department of Commerce. These agencies have played a key role in promoting economic growth and development, providing funding and resources to businesses and entrepreneurs. In recent years, the industry has also seen a shift towards more sustainable and environmentally-friendly practices, with many cities implementing green initiatives and promoting renewable energy sources.

Future Outlook for City Government-Economic Program Adm

The anticipated future trajectory of the NAICS 926110-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The City Government-Economic Program Adm industry in the USA is expected to grow in the coming years due to the increasing demand for economic development programs and services. The industry is likely to benefit from the government's focus on creating jobs and promoting economic growth. The industry is also expected to benefit from the increasing use of technology in economic development programs. However, the industry may face challenges due to budget constraints and the need to adapt to changing economic conditions. Overall, the industry is expected to experience steady growth in the coming years.

Industry Innovations for NAICS Code 926110-01

Recent groundbreaking advancements and milestones in the City Government-Economic Program Adm industry, reflecting notable innovations that have reshaped its landscape.

  • Use Of Data Analytics to Identify Economic Trends and Opportunities: City governments are increasingly using data analytics to identify economic trends and opportunities. This helps them to develop targeted economic development programs and services that are tailored to the needs of local businesses and industries.
  • Public-Private Partnerships to Promote Economic Development: City governments are partnering with private companies to promote economic development. These partnerships help to leverage private sector resources and expertise to support economic growth and job creation.
  • Use Of Social Media to Promote Economic Development: City governments are using social media platforms to promote economic development. This helps to raise awareness of local businesses and industries and attract new investment to the area.
  • Focus on Sustainable Economic Development: City governments are increasingly focusing on sustainable economic development. This involves promoting environmentally friendly businesses and industries that are less reliant on non-renewable resources.
  • Investment In Workforce Development Programs: City governments are investing in workforce development programs to help local residents acquire the skills they need to succeed in the modern economy. This helps to attract new businesses and industries to the area and support economic growth.

NAICS Code 926110-01 - City Government-Economic Program Adm

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