Question
For Moody's Analytics U.S. detailed estimates, what is the difference between the special aggregates "office-using employment" and "office-using industry"?
Answer
Moody's Analytics tracks certain "special industry aggregates" that cross the usual boundaries of U.S. industrial classification. "Office-using employment" is an aggregate of historical employment series: three industry supersectors from the BLS CES. Conversely, "office-using industry" is an aggregate of 26 estimated NAICS industries, and is applicable to employment, output and wages.
Office-using employment
"Office-using employment" is an aggregate of historical employment series. For the various (F,X)EOFC.? series, we sum employment from three industry supersectors published in the BLS Current Employment Survey (a.k.a. the "establishment" survey or BLS-790). For every geo in which all three supersectors are reported, we compute the aggregate. We also forecast it at the national, state, and metro geo levels.
| Concept code | Description |
|---|
| NSA | SA | Forecast | Employment, (Ths. #) |
|---|
| XEOFC |
EOFC |
FEOFC |
Office-using employment |
| XEPS |
EPS |
FEPS |
Professional and business services |
| XE51 |
E51 |
FE51 |
Information |
| XEFI |
EFI |
FEFI |
Financial activities |
Office-using industry
"Office-using industry" is an aggregate applicable to employment, GDP and wages, as seen in our Detailed Employment, Output and Wages suite of estimates; for example, our estimated employment concepts REOFFQ and REOFFA. It's the sum of 26 items, including 24 numbered branches and two supersectors.
The following list (among others) is available in the reference file "United States - Industrial Classification - Moody's Analytics Industry Services Aggregations - NAICS 2017." The file does not include "office-using employment."
| Code | NAICS 2017 description |
|---|
| 5112 |
Software publishers |
| 512 |
Motion picture and sound recording industries |
| 515 |
Broadcasting (except internet) |
| 5171 |
Wired and wireless telecommunications carriers |
| 5179 |
Other telecommunications |
| 518 |
Internet service providers, web search portals, and data processing services |
| 5411 |
Legal services |
| 5412 |
Accounting, tax preparation, bookkeeping, and payroll services |
| 5413 |
Architectural, engineering, and related services |
| 5415 |
Computer systems design and related services |
| 5416 |
Management, scientific, and technical consulting services |
| 5418 |
Advertising and related services |
| 55 |
Management of companies and enterprises |
| 5611 |
Office administrative services |
| 5613 |
Employment services |
| 5614 |
Business support services |
| 5615 |
Travel arrangement and reservation services |
| 6211 |
Offices of physicians |
| 6212 |
Offices of dentists |
| 6213 |
Offices of other health practitioners |
| 8131 |
Religious organizations |
| 8133 |
Social advocacy organizations |
| 8134 |
Civic and social organizations |
| 8139 |
Business, professional, labor, political, and similar organizations |
| FI |
Financial activities (supersector) |
| GVF |
Federal government (supersector) |
Update, October 2022
Note that the two NAICS 2012 branches "5171 Wired telecommunications carriers" and "5172 Wireless telecommunications carriers (except satellite)" have been merged into the NAICS 2017 branch "5173 Wired and wireless telecommunications carriers." This alters the count of components in our aggregate, but not the meaning.
See also
Updates to this article
- 25 Jan 2010 - Initial version
- 6 Oct 20222 - Composition changed from NAICS 2012 to 2017. Updated reference file link.
Related Releases
Historical Employment Estimates - States
Historical Employment Estimates - US
Metropolitan Area Employment (CES)
State Employment, Output and Wages
US Employment, Output, and Wages