71 NAICS refers to the Arts, Entertainment, and Recreation sector within the North American Industry Classification System (NAICS).
The North American Industry Classification System (NAICS) is a comprehensive standard utilized by federal statistical agencies across the U.S., Canada, and Mexico. Its primary purpose is to classify business establishments for the consistent collection, analysis, and publication of economic statistical data. Each numerical digit in a NAICS code signifies a more detailed level of industry classification, moving from broad sectors to specific industries.
Understanding NAICS Code 71: Arts, Entertainment, and Recreation
The two-digit code '71' specifically identifies the economic sector dedicated to businesses whose primary activity involves providing entertainment, recreation, and cultural services. This diverse sector encompasses a broad spectrum of establishments focused on leisure, enjoyment, and cultural enrichment.
Key Subsectors of NAICS 71
The Arts, Entertainment, and Recreation sector is further delineated into several distinct subsectors, each categorizing specific types of establishments and activities.
| NAICS Code | Subsector Title | Description & Examples |
|---|---|---|
| 711 | Performing Arts, Spectator Sports, and Related Industries | Includes establishments involved in live performance arts, organizing and hosting sporting events, and managing talent. Examples: Theaters, musical groups and artists, professional sports clubs, racing events, talent agencies. |
| 712 | Heritage Institutions | Covers organizations primarily engaged in the preservation and exhibition of objects, sites, and natural phenomena of historical, cultural, or educational significance. Examples: Museums, historical sites, zoos, botanical gardens, nature parks. |
| 713 | Amusements, Gambling, and Recreation Industries | Encompasses a wide variety of establishments that provide amusement, recreational activities, or gambling services. Examples: Amusement parks and arcades, bowling alleys, casinos, golf courses, fitness and recreational sports centers, ski resorts, marinas. |
This detailed classification is instrumental for various purposes, including economic analysis and employment tracking. For instance, the Bureau of Labor Statistics (BLS) regularly uses these codes to gather and report employment, wage, and other pertinent economic data for specific industry segments.
Significance of the NAICS 71 Sector
The classification provided by NAICS 71 offers valuable insights for:
- Economic Research: Enables government agencies, researchers, and economists to conduct in-depth analyses of industry growth, productivity, and economic trends within the arts, entertainment, and recreation industries.
- Statistical Reporting: Facilitates the standardized collection and comparison of vital economic statistics, such as employment figures, average wages, and industry output, across different geographic regions and over time.
- Business Strategy: Helps businesses operating within this sector to accurately identify their primary industry, benchmark their performance against industry averages, and refine their market targeting strategies.
- Policy and Regulation: Many governmental policies, funding opportunities, and regulatory frameworks are structured around specific NAICS classifications, making accurate categorization crucial.
The industries categorized under NAICS 71 are vital contributors to both cultural enrichment and economic activity, ranging from small local entertainment venues to large-scale national parks and international sports organizations.
