NAICS Code 926110-03 - Federal Government-Economic Program Adm

Marketing Level - NAICS 8-Digit

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NAICS CODE 926110-03
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NAICS Code 926110-03 Description (8-Digit)

Federal Government-Economic Program Adm is an industry that involves the administration of economic programs by the federal government. This industry is responsible for the implementation and management of various economic policies and programs that are designed to promote economic growth and development. The Federal Government-Economic Program Adm industry is an essential part of the government's efforts to ensure the stability and growth of the economy.

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 926110 page

Tools

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

  • Economic modeling software
  • Statistical analysis software
  • Data visualization tools
  • Budgeting software
  • Project management software
  • Economic forecasting tools
  • Policy analysis tools
  • Risk management software
  • Geographic information systems (GIS)
  • Survey software

Industry Examples of Federal Government-Economic Program Adm

Common products and services typical of NAICS Code 926110-03, illustrating the main business activities and contributions to the market.

  • Economic development programs
  • Small business loan programs
  • Job training programs
  • Agricultural subsidy programs
  • Energy efficiency programs
  • Export promotion programs
  • Disaster relief programs
  • Housing assistance programs
  • Infrastructure development programs
  • Tax incentive programs

History

A concise historical narrative of NAICS Code 926110-03 covering global milestones and recent developments within the United States.

  • The Federal Government-Economic Program Adm industry has a long history worldwide, with notable advancements and milestones. In the United States, the industry has been in existence since the establishment of the Department of Commerce in 1903. The department was created to promote economic growth and development in the country. In 1932, the Reconstruction Finance Corporation was established to provide financial assistance to businesses during the Great Depression. In 1961, the Foreign Assistance Act was passed, which created the United States Agency for International Development (USAID) to provide economic assistance to developing countries. In recent years, the industry has seen advancements in technology, with the use of data analytics and artificial intelligence to improve economic forecasting and decision-making. In recent history, the Federal Government-Economic Program Adm industry in the United States has been shaped by various economic policies and initiatives. In 2009, the American Recovery and Reinvestment Act was passed to stimulate economic growth and create jobs in the aftermath of the Great Recession. The act provided funding for various economic programs, including infrastructure development, renewable energy, and education. In 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed to regulate the financial industry and prevent another financial crisis. The act created the Consumer Financial Protection Bureau to protect consumers from abusive financial practices. In 2017, the Tax Cuts and Jobs Act was passed to reduce taxes for businesses and individuals and stimulate economic growth. These policies and initiatives have had a significant impact on the Federal Government-Economic Program Adm industry in the United States.