NAICS 926110 - Administration of General Economic Programs
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What is NAICS 926110
NAICS code 926110 covers government establishments engaged primarily in the administration, promotion, and development of economic resources including business, industry, and tourism. This sector is critical for managing programs that support economic growth, improve market conditions, and ensure consumer protection within a governed area. Entities operating in this sector focus on generating and analyzing economic data, fostering small business development, and promoting trade and industry to enhance the overall economic well-being of communities and regions. Government agencies contract these services to implement economic policy, stimulate local economies, and provide data-driven insights for decision-making. These contracts support initiatives ranging from business assistance programs to economic impact studies and tourism promotion efforts.
Industry Classification for NAICS 926110
This industry comprises government establishments primarily engaged in the administration, promotion, and development of economic resources, including business, industry, and tourism. Included in this industry are government establishments responsible for the development of general statistical data and analyses and promotion of the general economic well-being of the governed area.
Illustrative Examples:
- Consumer protection offices, public administration
- Small business development agencies, public administration
- Economic development agencies, government
- Trade commissions, government
- General economics statistical agencies, public administration
Breakdown for NAICS 926110
- Includes government entities administering economic growth and development programs.
- Focuses on promotion of business, industry, and tourism within governed areas.
- Encompasses development and analysis of general economic statistical data.
- Supports consumer protection and small business development initiatives.
- Applies to federal, state, and local public administration agencies.
- Typical projects range from economic studies to program management and promotion.
Included Activities for NAICS 926110
- Administering economic development programs and initiatives.
- Conducting economic and statistical data collection and analysis.
- Promoting small business growth and entrepreneurship.
- Managing consumer protection services and compliance enforcement.
- Supporting tourism development and industry promotion.
- Developing and implementing policies to enhance economic well-being.
- Providing technical assistance to trade commissions and related agencies.
- Evaluating and reporting on program outcomes and economic impact.
Business Types for NAICS 926110
- Government economic development agencies
- Consumer protection offices
- Small business development centers
- Public statistical and economic analysis bureaus
- Trade and commerce commissions
- Tourism promotion boards
Subcategories for NAICS 926110
- Arts and cultural program administration, government
- Consumer protection offices
- Councils of Economic Advisers
- Cultural and arts development support program administration
- Development assistance program administration
- Economic development agencies, government
- Energy development and conservation agencies, nonoperating
- Energy program administration
- Enterprise development program administration
- General economics statistical agencies
- Industrial development program administration
- Labor statistics agencies
- Small business development agencies
- Tourism development offices, government
- Trade commissions, government
- Trade development program administration
- Workforce Development Boards, nonoperating
Government Buyers for NAICS 926110
Typical government buyers for NAICS 926110 services include federal, state, and local economic development agencies, trade commissions, consumer protection offices, and statistical bureaus. These agencies require specialized expertise to administer economic programs, manage public resources, and conduct comprehensive data collection and analysis. Contracts enable agencies to promote business growth, safeguard consumer interests, implement regulatory frameworks, and support tourism and industry expansion. Procurement of these services is essential for informed policy formulation, targeted economic interventions, and the measurement of program outcomes that contribute to sustainable economic development.
Contract Types & Procurement for NAICS 926110
Contracts under NAICS 926110 commonly take the form of fixed-price, cost-reimbursement, and task order contracts. Procurement methods often include competitive bidding, requests for proposals (RFPs), and indefinite delivery/indefinite quantity (IDIQ) contracts. Contract values can vary widely based on the scope, ranging from small-scale local program support contracts to multi-million-dollar federal initiatives involving comprehensive economic studies and program management. Government agencies prioritize contractors with strong analytical capabilities, experience in program administration, and a proven track record in economic development services.
Details for NAICS 926110
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