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External Governance

In: Outsourcing and Management

Author

Listed:
  • Thomas Nelson Tunstall

Abstract

Service industries now make up almost 70 percent of economic activity in the United States, which includes over 85 million jobs. It took a while,but the U.S. Census Department has finally begun to track many services that were not part of the old Standard Industry Classification (SIC) codes developed in the 1930s. The Census Department last updated SICs in 1987. In its place, is a new system called the North American Industry Classification System (NAICS). NAICS officially replaced SICs in 1997 and was updated again in 2002. Completely new categories of services in NAICS, not explicitly recognized in the SIC system, include: Information Services Professional, Scientific, and Technical Services Administrative and Support, Waste Management, and Remediation Services Education Services Health Care and Social Assistance Arts, Entertainment and Recreation Other Services (except Public Administration) (See Appendix A for more a complete list of the new service industry classifications tracked by the U.S. Census Department.)

Suggested Citation

  • Thomas Nelson Tunstall, 2007. "External Governance," Palgrave Macmillan Books, in: Outsourcing and Management, chapter 0, pages 89-116, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-60360-8_5
    DOI: 10.1057/9780230603608_5
    as

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