Economic concepts for economic classifications. From: Survey of Current Business | Date: November 1, 1993| Author: Triplett, Jack E. | COPYRIGHT 1993 U.S. Government Printing Office. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

The Economic Classification Policy Committee, created by the OMB in 1992, was charged with examining the purpose, structure and methodology of economic classifications, developing a new economic classification system and planning that system's implementation. The committee's progress toward meeting these goals is discussed. Background information, focusing primarily on the Standard Industrial Classification system, is included.

In recent years, increasing concerns have been expresse...

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