Meaning of kind-of-business construction code
Term · Economic statistics · MLC-T-ECS-001152
The kind-of-business construction code is based on the primary construction's business activity. It is displayed by the construction kind-of-business activity by dollar value of business done.
The construction kind-of-business activity is the primary construction activity which represents the main activities for which an establishment was contracted. The other kind-of-business activity include business receipts not reported as value of construction work. This includes business receipts from retail and wholesale trade, rental of equipment without an operator, manufacturing, transportation, legal services, insurance, finance, rental of property and other real estate operations, and other nonconstruction activities. Receipts for separately definable architectural and engineering work for others are also included in other kinds of business activities.
| Identifier | MLC-T-ECS-001152 |
|---|---|
| Field | Economic statistics |
| References | U.S. Census Bureau Glossary |
Record as JSON
{
"id": "MLC-T-ECS-001152",
"term": "Meaning of kind-of-business construction code",
"field": "Economic statistics",
"definition": "The kind-of-business construction code is based on the primary construction's business activity. It is displayed by the construction kind-of-business activity by dollar value of business done.\n\nThe construction kind-of-business activity is the primary construction activity which represents the main activities for which an establishment was contracted. The other kind-of-business activity include business receipts not reported as value of construction work. This includes business receipts from retail and wholesale trade, rental of equipment without an operator, manufacturing, transportation, legal services, insurance, finance, rental of property and other real estate operations, and other nonconstruction activities. Receipts for separately definable architectural and engineering work for others are also included in other kinds of business activities.",
"references": [
"U.S. Census Bureau Glossary"
],
"url": "https://mlchart.com/terminology/economic-statistics/meaning-of-kind-of-business-construction-code/"
}
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