Information sector employs 3.7 million
January 31, 2002
One of the most interesting new sectors in the North American Industry Classification System (NAICS) is called Information. The industries within the sector transform information into a commodity, distribute that commodity, and provide information services.
The information sector’s major components are publishing, motion pictures and sound recording, broadcasting, telecommunications, information services, Internet, and data processing. Under the Standard Industrial Classification system, these were spread across various manufacturing, communications, and services groupings.
The information sector brings together industries that had been credited with much of the dynamic growth experienced in the U.S. economy during the late 1990s. Its 3.7 million employees make it a sector of modest size, ranking 12th among the 20 classifications.
These data are preliminary private sector U.S. totals for the first quarter of 2001 from the Quarterly Census of Employment and Wages program. Additional information is available from "A first look at employment and wages using NAICS," by David R.H. Hiles, Monthly Labor Review, December 2001.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Information sector employs 3.7 million on the Internet at http://www.bls.gov/opub/ted/2002/jan/wk4/art04.htm (visited May 30, 2015).
Recent editions of Spotlight on Statistics
New estimates of personal taxes in Consumer Expenditure Survey
In 2013, the Consumer Expenditure Survey improved its personal tax data.
Trends in long-term unemployment
Long-term unemployment reached historically high levels following the recession of 2007–2009.
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.