Glossary:Business economy

The business economy is a grouping of the following economic activities: industry, construction, distributive trades and services.

This refers to economic activities covered by Sections B to N and P to R, as well as Divisions S95 and S96 of NACE Rev. 2 and the enterprises or its legal units that carry out those activities.

Industry:

section B: Mining and quarrying
section C: Manufacturing
section D: Electricity, gas, steam and air-conditioning supply
section E: Water supply; sewerage, waste management and remediation activities

Construction

section F: Construction

Distributive trades:

section G: Wholesale and retail trade; repair of motor vehicles and motorcycles

Services:

section H: Transportation and storage
section I: Accommodation and food service
section J: Information and communication
section K: Financial and insurance activities
section L: Real estate activities
section M: Professional, scientific, and technical activities
section N: Administrative and support service activities
section P: Education
section Q: Human health and social work activities
section R: Arts, entertainment and recreation
division S95: repair of computers and personal and household goods
division S96: other personal service activities

The business economy does not include:

agriculture, forestry, and fishing (NACE section A)
public administration (NACE section O)

Related concepts

Statistical data