NAICS Code 926110-05 - State Government-Economic Program Adm

Marketing Level - NAICS 8-Digit

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NAICS CODE 926110-05
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NAICS Code 926110-05 Description (8-Digit)

State Government-Economic Program Adm is an industry that involves the administration of economic programs by state governments. This industry is responsible for the development and implementation of policies and programs that promote economic growth and development within a state. The State Government-Economic Program Adm industry is focused on providing support to businesses and individuals in order to create a strong and sustainable economy. This industry is an essential part of the economic infrastructure of a state and plays a critical role in the success of businesses and individuals.

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 State Government-Economic Program Adm industry for day-to-day tasks and operations.

  • Economic modeling software
  • Statistical analysis software
  • Geographic information systems (GIS)
  • Data visualization tools
  • Project management software
  • Financial analysis software
  • Business intelligence software
  • Customer relationship management (CRM) software
  • Social media management tools
  • Email marketing software

Industry Examples of State Government-Economic Program Adm

Common products and services typical of NAICS Code 926110-05, illustrating the main business activities and contributions to the market.

  • Small business development programs
  • Workforce development programs
  • Economic development grants
  • Tax incentive programs
  • Export assistance programs
  • Industry cluster development programs
  • Innovation and entrepreneurship programs
  • Rural development programs
  • Community development programs
  • Infrastructure development programs

History

A concise historical narrative of NAICS Code 926110-05 covering global milestones and recent developments within the United States.

  • The State Government-Economic Program Adm industry has a long history worldwide, with the earliest known economic programs dating back to ancient civilizations such as the Roman Empire. In the United States, the industry began to take shape in the early 20th century with the establishment of the Federal Reserve System in 1913, which aimed to stabilize the economy and prevent financial crises. In the 1930s, the New Deal programs implemented by President Franklin D. Roosevelt's administration provided economic relief and recovery from the Great Depression. In the following decades, state governments began to establish their own economic programs to promote growth and development, such as tax incentives for businesses and workforce training initiatives. In recent history, the State Government-Economic Program Adm industry in the United States has continued to evolve and adapt to changing economic conditions. In the 2000s, the industry faced challenges such as the Great Recession and the outsourcing of jobs to other countries. In response, state governments implemented new programs to support small businesses, attract new industries, and provide job training and education. The industry has also seen advancements in technology, with the use of data analytics and digital platforms to improve program effectiveness and efficiency. Overall, the State Government-Economic Program Adm industry has played a crucial role in promoting economic growth and stability in the United States.