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Current Definitions of the Economic Sectors

. . . names of rows, columns, & vectors of the I/O Matrix

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SECTOR

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ACTIVITIES COMPRISED

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AGRCLTR

1

 
Crops, industrial crops, and fruit _(not Forestry)
Livestock, poultry, hunting, and fishing
Other agricultural products
Agricultural, and fishery services
Slaughtering, rendering, and hides
 

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FOOD&TB

2

 
Milling of grains; distilling and bottling
Food and kindred products
Tobacco manufactures
 

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TEXTILE

3

 
Broad and narrow fabrics, yarn and thread mills
Fabrics, textile goods and floor coverings
Apparel and other fabricated textile products
Leather tanning and finishing
Footwear and other leather products
 

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FRST_PR

4

 
Forestry, timber, and logging    (not Fisheries)
Lumber, molding and wood containers
Particleboard and similar wood products
Paperboard containers and boxes
Paper and allied products
 

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MINING_

5

 
Iron and ferroalloy ores mining
Nonferrous metal ores mining
Coal mining
Stone and clay mining and quarrying
Chemical and fertilizer mineral mining
Land reclamation and secondary recovery
 

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PETRO_X 6  
Crude petroleum and natural gas extraction
 

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CHEMICL

7

 
Petroleum refining and related industries
Rubber, plastics, and synthetic materials
Basic chemicals and fissile materials
Intermediate refined chemical products
Paints and allied products
Drugs; cleaning and toilet preparations
 

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CERAMIC

8

 
Glass and glass products
Fine ceramic wares
Stone and clay products
 

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CNSTRTN

9

 
Building construction and landscaping
Repair and maintenance construction
Surface and underground engineering
 

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PRIMARY

10

 
Primary iron and steel manufacturing
Primary nonferrous metals manufacturing
Cast, drawn, rolled, and tooled products
Structural metal products and metal containers
Heating, plumbing, and fabricated products
Engines and turbines
 

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HVY_MFG

11

 
Farm and garden machinery
Construction and mining machinery
Motor vehicles; watercraft and equipment
Space vehicles; aircraft and parts
Rail vehicles and rolling stock
Materials handling machinery and equipment
Military vehicles, weapons, and equipment
 

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LHT_MFG

12

 
Household furniture, appliances, and fixtures
Scientific and controlling instruments
Optical, ophthalmic, and photographic equipment
Clocks, watches, jewelry, etc.
Musical instruments, toys, sports equipment, etc.
Light ordnance and accessories
 

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ELCTRNX

13

 
Office, computing, and accounting machines
Service industry machines, ATM's, etc.
Electric industrial equipment and apparatus
Electric lighting and wiring equipment
Radio, TV, and communication equipment
Electronic components and accessories
Miscellaneous electrical machinery and supplies
 

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TRN&COM

14

 
Rail and highway transportation
Shipping, waterways and ports
Warehousing and other consolidation operations
Postal, voice, fax, and data transmissions
 

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INFRMTN

15

 
Radio and television broadcasting
Printing and publishing; software
Educational, research and cultural institutions
Professional sports and entertainment
 

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CMMRC&F

16

 
Banking and finance
Insurance (except as provided by government)
Real estate and rental services
Wholesale and retail trade
Scrap and used goods
 

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MEDICAL

17

 
Medical practice and support facilities
 

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SERVICE

18

 
Hotels; eating and drinking places
Automobile repair and services
Other personal and business services
Social service and nonprofit organizations
Veterinary medicine
 

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UTILTYS

19

 
Electric, gas, steam, water, and sanitary services
 

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HSHLD__

20

 
(row) personal consumption by good
(column) labor absorption by industry
 
Note: Two or more household sectors can be
modeled so as to distinguish among
demographic groups, e.g.: rich and poor;
young and old; worker and professional; etc.
 

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GVRNMNT

21

 
(row) national and local governments' purchase
of goods used in administration, defense,
education, etc.
 
(column) sectors' "use" of the government:
(+) taxes, fees, duties, fines, etc.
(-) subsidies, transfers, disaster relief, etc.
 
Note: Two or more government sectors can
be modeled so as to distinguish levels of
governance, e.g.: federal and local; etc.
 

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CONTROL

0

 
(row) Domestic Output by Good,
expressed as a negative in
physical units/year
 
(column) Asset Values by Sector,
expressed as a negative in the
"constant value" monetary unit/year.
 
Note: Cell (0,0) is reserved for gross domestic
output, expressed in constant monetary values.
 

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AUXILIARY

VECTORS

   
(horizontal) Foreign trade by Good,
in physical units/year,
computed as the difference between
domestic consumption and output
(+) physical quantity exported;
(-) physical quantity imported.
 
(vertical) Financial services by Sector,
stated in native monetary units 
at current values:
(-) dividends, amortization, interest;
provision for consumption of fixed capital;
operating surplus;
(+) income from entrepreneurship;
property type income, etc
 

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