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Shifting Ground of NAICS: North American Industry Classification System

St. Louis Federal Reserve

Beyond the Numbers

November 10, 2022

Jennifer C. Boettcher

The slides can be found at

https://tinyurl.com/NAICSBTN22

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Jennifer C. Boettcher

Using NAICS Codes Effectively to Research Industries

Changes to NAICS Affects Researchers

Online Searcher 46, no. 5 (Sep, 2022): 10-15.

Online Searcher 46, no. 4 (Jul, 2022): 16-21

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NAICS functions

What is it?

2022 NAICS

Learn more

01

02

03

04

Table of contents

What is NAICS and where do NAICS codes come from?

Changes with the 2022 revision: MAJOR CHANGES

Who uses NAICS: Statistical and NonStatistical

Links to informative educational material

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01

What is it?

What is NAICS and Who creates North American Industry Classification System

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History

Why Industry Classification?

Usage

Trends and Comparisons

  • Census- Economic Census (1954-)
  • BEA- Gross Domestic Product (in/out tables) (GNP 1934- )
  • BLS- Producer Price Index (inflation) (WPI 1891-1978, PPI [SIC]- 1945)
  • Census- County Business Patterns (1986-)
  • “Industry” as economic concept
    • Not classification - groupings
  • 1939 Standard Industry Classification (SIC) adopted
  • 1959 first use of SIC in Economic Census
  • 1997 first version of NAICS

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North American Industry Classification

System: NAICS

pronounced nākes, like snakes 🐍

  • Standardize taxonomy used by Federal statistical agencies
  • Classifying business establishments
  • For the purpose of collecting, analyzing, and publishing statistical data
  • Related to the U.S. business economy.

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What is an Establishment?

Food Store Supply Chain

Agriculture - 11

Orange groves- 11131

Fishing- 11411

Manufacturing- 31

Frozen food - 31141

Seafood- 31171

Transportation- 48

Trucking, local - 48411

Warehousing - 493

Retail- 44

Grocery - 44511

Grocery delivery - 49221

Image: USDA

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Four principles of NAICS

1. NAICS is erected on a production-oriented conceptual framework. This means that producing units that use the same or similar production processes are grouped together in NAICS.

2. NAICS gives special attention to developing production-oriented classifications for (a) new and emerging industries, (b) service industries in general, and (c) industries engaged in the production of advanced technologies.

3. Time series continuity is maintained to the extent possible.

4. The system strives for compatibility with the two-digit level of the International Standard Industrial Classification of All Economic Activities (ISIC Rev. 4) of the United Nations.

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North American Industry Classification System (NAICS) Hierarchical Structure

MENU

Level

Code

Description

Sector *

31

Manufacturing

Subsector *

315

Apparel Manufacturing

Industry Group *

3152

Cut and Sew Apparel Manufacturing

Industry

31525

Cut and Sew Apparel Manufacturing (except contractors)

U.S. Industry

Cut and Sew Apparel Manufacturing (except contractors)

* Mexico & Canada Compatible

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315250 Cut and Sew Apparel Manufacturing (except Contractors)

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Different NAICS in Supply Chain

Agriculture - 11

Orange groves- 11131

Fishing- 11411

Manufacturing- 31

Frozen food - 31141

Seafood- 31171

Transportation- 48

Trucking, local - 48411

Warehousing - 493

Retail- 44

Grocery - 44511

Grocery delivery - 49221

Image: USDA

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24 NAICS Sectors

11 Agriculture, Forestry, Fishing and Hunting

21 Mining

22 Utilities

23 Construction

31-33 Manufacturing

42 Wholesale Trade

44-45 Retail Trade

48-49 Transportation and Warehousing

51 Information

52 Finance and Insurance

53 Real Estate and Rental and Leasing

54 Professional, Scientific, and Technical Services

55 Management of Companies and Enterprises

56 Administrative and Support and Waste Management and Remediation Services

61 Education Services

62 Health Care and Social Assistance

71 Arts, Entertainment, and Recreation

72 Accommodation and Food Services

81 Other Services (except Public Administration)

92 Public Administration

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Advice

  • When looking up an Industry
    • Find the right NAICS Code
    • Confirm there will not be a better code

Look at US Industry for details, 6 digits

  • When looking for industry statistics
    • NAICS is the standard code NOT the data
    • Who collects it?
    • Read Methodology of how NAICS is collected and aggregated.
    • What level of aggregation?
    • What level of geography is available?

Small geographies will not have data at 6 digit

    • Try FRED before Data.gov

Census only data on data.census.gov

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Who oversees NAICS?

Office of Management and Budget (OMB)’s Office of Information and Regulatory Affairs (OIRA) gives responsibility to Economic Classification Policy Committee (ECPC)

  • Representatives from Census, BEA, BLS, and others as needed
  • With Mexico's INEGI and Statistics Canada to negotiated harmonization
  • Revision every 5 years

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Do you want a new NAICS Code?

Be of appropriate size - for privacy

Ability of government agencies to classify, collect, and publish data

Applied by agencies within their normal processing operations for cost saving

Take into account the cost of making the changes

Activities of similar producing units cannot be separated (see NAPCS)

Federal Register (FR) notice soliciting proposals

ECPC review of proposals and trilateral negotiation

FR notice containing OMB final decisions

NAICS United States available on NAICS Website

2022 revision started in 2019

Considerations

Process

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Proposals for changes to NAICS

a) Specific detail about the economic activities to be covered by the proposed industry, especially its production processes, specialized labor skills, and any unique materials used.

b) Specific indication of the relationship of the proposed industry to existing NAICS United States six-digit industries.

c) Documentation of the size and importance of the proposed industry in the United States.

d) Information about the proposed industry in Canada and Mexico, if available.

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NEWS: Death notice for SIC

February 26, 2020 OMB ask for permission to kill the Standard Industrial Classification (SIC).

With 86 FR No. 242 72277, December 21, 2021 SIC will be eliminated effective immediately.

The ECPC proposes elimination of Statistical Policy Directive No. 9, Standard Industrial Classification of Enterprises.

Long live the North American Industry Classification System (NAICS).

Thank you Economic Classification Policy Committee (ECPC)

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NAICS functions

02

Who uses NAICS:

Statistical and Nonstatistical

The slides can be found at

https://tinyurl.com/NAICSBTN22

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Statistical Indicators

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Economic Census

New NAICS introduced - Every five years with years ending in 2 and 7

    • Legal Basis Title 13, United States Code (U.S.C.), Section 9, 131, 224, and 225.
      • Copies retained in respondents’ files are immune from legal process.

Census, not a survey- All Business

    • Administrative records- Social Security & IRS, NOT Nonemployer Establishments

Core data (Geographic) National, state, metro, county, place, and ZIP Code levels

    • Number of establishments
    • Value of sales, receipts, revenue, shipments, or business done
    • Annual payroll
    • Number of employees

  • Economic Census NOT Census of Population and Housing

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GDP by Industry

From BEA

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FRED: 39,850 NAICS

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NAICS is the linchpin in Industry Analysis

Directories

Financials

Field Searching

Business Competitors

Market size (how many)

Market share (dominate company)

Ratio Analysis/comps

Pro Forma Statements

NAICS Field in most article indexing services

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Business Competitors

Market Share (ranking)

Market Size (how many)

25

Images from Mergent Intellect

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Financial Norms

Income Statements

Receipts & Net Income

26

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Government/Nonstatistical:

155 mentions in CFR

OPM

OSHA

SBA

Foreign Trade

Federal Wage System

Injury and Illness Regulations

What is a small business? 13 CFR 121

Military Exports

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Who assigns NAICS to a company/firm?

self-assigned

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NAICS interpretation

30% of IRS returns wrong

29% of CO’s wrong

From person files a 1040 Schedule C (for business)

21% are errors, and 13.6% do not even include sector (2 digit)

contracting officers helping to fill procurement form

AI solution and better training

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Reflection

What questions do you have?

Advice:

If statistical agencies are different, compare the methodology

Know what NAICS Version is being used

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2022 NAICS

03

Will not appear until 2024, as part of the Economic Census

The slides can be found at

https://tinyurl.com/NAICSBTN22

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Changing NAICS

Note Consolidation in 2022

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Changes in 2022

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New 2022 NAICS Codes with change indicators

Data ANALYSIS

30

title change, no content change

185

new US code for 2022 NAICS

7

re-used code, content change

3

re-used code, content change at lower level with insignificant impact

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Mining - 21 Sector

2022

21214 surface coal

212115 underground

212220 gold & silver

212290 other metal ore

21232 Kaolin, clay…

212339 Other Nonmetallic Mineral Quarrying

2017

212111 bituminous & 212113 anthracite

212112 bituminous & 212113 anthracite

212221 gold & 212221 silver

212222 uranium & 212299 all other metals

212324 Kaolin & 212325 Clay, ceramic,...

Potash, Phosphate, other chem, all other nonmetallic mineral mining

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Manufacturing - 31 & 32 Sectors

2022

2017

315120 (Apparel Knitting Mills)

315250(Cut & Sew Apparel)

316990 (Other Leather & Allied)

321215 (Engineered Wood)

322120(Paper Mills)

R 325314(Fertilizer)

325315(Compost)

31511 (Hosiery & Socks) & 31519 (Other Apparel Knitting)

31522 (Men’s & Boy’s Cut & Sew Apparel) & 31524(Woman’s, Girl’s, & Infant’s Cut) & 31526 (Other Cut & Sew Apparel)

316992 (Women’s Handbag & Purse) & 316998 (All other Leather Good & Allied Product)

321213 (Engineered Wood Member) & 321214 (Truss)

322121(Paper [except Newsprint]) & 322121 (Newsprint)

325314 (Fertilizer & Compost)

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Manufacturing - 33 Sector

2022

2017

333248 All Other Industrial

333310Commercial & Services Industry Mach

333996 All Other Misc

334610 Reproduction Magnetic & Optical Media

333244 Printing Machinery & 333249 Other Industrial

333314 Optical & 333316 Photographic & 333318 Other Commercial & Services Industry Machinery

333997 Scale & Balance & 333999 All Other Misc General

334613 Blank Magnetic Recording Media & 334614 Software & Other PreRecorded CD, Tape, & Record

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Manufacturing - 33 Sector

2022

2017

335131 Electric Lighting

335132 Commercial Industrial & Institutional

335139 Electric Lamp Bulbs & Other

33591 Battery

33611 Auto & Light Duty Motor Vehicles

337126 Household Furniture (except Wood & Upholstered)

335121 Residential Electric Lighting Fixtures

335122 Commercial Industrial & Institutional Electric Lighting Fixtures

33511 Electric Lamp Bulbs and Parts & 335129 Other Lighting Equipment

335911 Storage Battery & 335912 Primary Battery

336111 Automobile & 336112 Light Trucks & Utility Vehicles

337125 Metal Household Furniture & 337125 Household furniture (except wood & Metal)

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Wholesale - 42 Sector

2022

2017

42435 Clothing & Clothing Accessories

R 425120 Wholesale Trade Agents & Brokers

424320 Men’s and Boy’s Clothing and Furnishing & 424330 Women’s and Children’s, and Infants clothing and Assoc

425111 Business to Business Electronic Markets

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2022 NAICS: Retailers not stores or website

2022 NAICS Code

2022 NAICS Title

2017 NAICS Code

2017 NAICS Title

459210

Book Retailers and News Dealers

451211

Book Stores

459210

Book Retailers and News Dealers

Pt 451212

News Dealers and Newsstands

459210

Book Retailers and News Dealers

Pt 454110

Electronic Shopping and Mail-Order Houses

513130

Book Publishers

511130

Book Publishers

513130

Book Publishers

Pt 519130

Internet Publishing and Broadcasting and Web Search Portals - Internet book publishers

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Other Retail - 44 & 45 Sectors

2022

2017

445132 Vending Machines

458110 Clothing & Clothing Accessories

459930 Manufactured (Mobile) Home Dealers

459991 Tobacco, Electric Cigarette, & Other Smoking

45421 Vending Machines Operators

Men’s, Women’s, Children’s, Family Clothing Stores & Clothing accessories & Other Clothing Stores & Electronic Shopping & Mail-Order Houses & Other Direct Selling

45393 Manufactured (Mobile) Home Dealers

453991 Tobacco Stores

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Publishing - 513 Subsector

2022

2017

513110 Newspaper

513120 Periodical

513130 Book

513140 Directory & Mailing Lists

513191 Greeting Cards

513199 All Other Publishing

513210 Software

51111 Newspaper Publishers & Pt 51913 Internet Newspaper

51112 Periodical & Pt 51913 Internet Periodicals

51113 Books & Pt 51913 Internet Books

51114 Directory & Mailing Lists & Pt 51913 Internet Directory and Mailing Lists

511191 Greeting Cards & Pt 51913 Internet Greeting Cards

513199 All Other Publishing & Pt 51913 Internet All Other Publishing

51121 Software Publishing

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Broadcasting & Content Providers - 516 Subsector

2022

2017

516110 Radio

516120 Television

516210 Media Streaming Distribution Services, Social Networks, and Other Media Networks & Content providers

515112 Radio Stations

Pt 515120 Television Broadcasting

515111 Radio Networks & 51521 Cable & Other Subscription Programming & 51911 News Syndicates & Pt 51512 Television Networks & Pt Internet Broadcasting

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Telecommunications - 517 Subsector

2022

2017

517111 Wired Carriers

517112 Wireless Carriers

517121 Telecom Resellers

517122 Agents For Wireless

517810 All Other

517311 Wired Telecommunications Carriers

Pt. 517312 Wireless Carriers except Agents

Pt 517911 Telecommunications Resellers except Agents

Pt 517312 Wireless Agents & Pt 517911 Resellers except Agents

517919 All Other Telecommunications

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Web Search Portals, Libraries, Archives, Others Information Services - 519 Subsector

2022

2017

519

519210 Libraries & Archives

519290 Web Search Portals and All Other Information Services

Pt 519 News syndicates and Internet publishing & Broadcasting

51912 Libraries & Archives

Pt 519130 Web Search Portals & 51919 All Other Information Services

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Banking - 52 Sector

2022

2017

522180 Savings Institutions & Other Depository Credit Intermediation

533399 International, Secondary Market, & All Other Nondepository Credit

523150 Investment Banking & Securities Intermediation

523160 Commodity Contracts

523940 Portfolio Management & Investment Advice

52212 Savings Institutions & 52219 Other Depository Credit Intermediation

522293 International Trade Financing & 522294 Secondary Market Financing & 522298 All Other Nondepository Credit Intermediation

52311 Investment Banking and Securities Dealing & 523120 Securities Brokerage

52313 Commodity Contracts Dealing & 523140 Commodity Contracts Brokerage

52392 Portfolio Management & 52393 Investment Advice

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Repair Services - 81 Sector

2022

2017

811114 Specialized Automotive Repair

811210 Electronic & Precision equipment Repair & Maintenance

811112 Auto Exhaust System & 811113 Auto Transmission & 811118 Other Automotive Mechanical & Electrical Maint

811211 Consumer Electronics & 811212 Computer and Office Machine & 811213 Communications Equipment & 811219 Other Electronic and Precision Equipment Repair and Maintenance

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North American Product Classification System 2017 (NAPCS)

Hierarchical Structure

Example (library services)

New Product-, Merchandise-,

and Services- Lines

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Who is doing the counting and assigning?

There will be new peers and opportunities

Questions will come

Where is my industry? Cannabis, ghost kitchens, etc.

What do you mean there is no difference between Brick and Mortar and Online businesses?

Think of the researchers whose careers are based in one industry, that just changed

You will have to use NAPCS to learn about the car, SUV, van, and light truck market

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What we can DO

  • There will be new peers and opportunities for your company?
  • Ask vendors how they will treat the changes
  • Empathy for those data users having to deal with disruptions
    • Cost & time series
  • Learn more about the NAPCS
  • Learn more about changes in the 2022 Economic Census
  • Provide insights, comments, and suggestions to the ECPC

Be ready when the questions start coming

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04

Learn more

About Government Data

The slides can be found at

https://tinyurl.com/NAICSBTN22

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Data ANALYSIS

MENU

ANALYSIS

CONTACT

Sir Arthur Conan Doyle

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Federal Government Information

Executive Branch

  • Regulations
  • Data, API
  • Data, Statistics or Indicators
  • Press releases or Trade press or Bulletin
  • Handbooks or Fact Books
  • Department’s Reports
  • Industry Reports or Surveys or Review
  • State of the Industry and Outlooks
  • Geographic specific
  • New Technology and direction

Congressional Branch

  • Forthcoming laws
  • Committee reports/prints
  • Congressional Research Section
  • Library of Congress, Reading Rooms
  • Government Publishing Office

Judicial Branch

  • Interpreting laws
  • Courts, transcribes
  • Courts, defendants

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Words about Data

Data ANALYSIS

Data are not:

Information Technology

Digital Analytics

Evidence

Research

Visualizations

Ideas

Data are

collected facts

“raw material”

Adaptations of DIKW pyramid by US Army Knowledge Managers,

from https://en.wikipedia.org/wiki/DIKW_pyramid

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How do you present data

Graphs for time series

Bar charts showing the differences

Pie chart for comparison to the whole

Common-size to per capita for story

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DIAGNOSTIC

TYPES OF DATA ANALYSIS

DESCRIPTIVE

PREDICTIVE

PRESCRIPTIVE

Relationships

Increase/decrease

Estimates

Policy & Decision Making

Data ANALYSIS

MENU

ANALYSIS

CONTACT

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Google

What most people do

Data.Gov

Commercial

Data ANALYSIS

MENU

ANALYSIS

CONTACT

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Federal Data Sources:

Social Science

Demographics, Manufacturing, Retail, Wholesale, Construction, most other industries

Labor and price data

Banking & economic conditions

Ideal for tourism and comparisons

Publicly Traded Companies

Complaints, cable, mobile, broadcasting, broadband

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Federal Data Sources:

Natural Science

Including Fisheries and Forestry

Including Minerals

and Energy

State sources will be better

Regional center better

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Business of Government

Procurement

Sam.com

Assistance

Public Finance

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We can get there together

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Boettcher webinars to watch

2019

2019

2020

2020

2018

2017

ZombieList

Slides only

2022

July 2018, article: Government Data as Intellectual Property: Is Public Domain the Same as Open Access? Online Searcher, with Matthew Dames

2022

2022

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Let’s discuss

boettcher@georgetown.edu

202 687-7495

Twitter: @jennywombat

These slides are licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

slides and templates by Slidesgo, icons by Flaticon

© Bill Waterhouse, with permission

The slides can be found at

https://tinyurl.com/NAICSBTN22

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One Statistical Office in US: Why Not?

1. Privacy: The Privacy Act of 1974, Confidential Information Protection and Statistical Efficiency Act of 2002 (CIPSEA), and Statistical Policy Directive No. 1 (2014) require agencies to ensure that the collection and maintenance of citizens' data is accurate, confidential, and within legal restrictions. With different offices having access to those records, there would be less possibility of everything being leaked.

2. Security: Along the lines of fewer offices having access to data records. The more servers that hold the data, the safer it is. The times when an exchange of information is necessary laws and regulations among departments allow to protect access to data.

3. Integrity: The income you report to IRS might be different from what you report to the Census Bureau.

4. Methodology: Sometimes data must have a higher number of people questioned so the accuracy will be better; different methods of collection or sampling may be required.

5. Popularity: Anything being done by the government has a political dimension, especially funding for employees and for modernizing and updating technology, attractiveness of the research, and repetition of statistical programs by agencies.

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