Management of companies
The share of jobs within commuting reach of a tract that are in the management of companies and enterprises sector.
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Of all the jobs within commuting reach of a tract, the share located in NAICS sector 55. The twenty sectors together account for the whole reachable pool, so this describes the mix of available work rather than its size. See Accessible jobs for how the pool is defined.
The Census Bureau defines the sector as comprising "(1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision-making role of the company or enterprise" (2022 NAICS definitions).
In plain terms this sector is holding companies and corporate or regional head offices. It is unusual among the twenty in that it describes a function rather than an industry: a manufacturer's headquarters and a retailer's headquarters both belong here, separate from the factories and stores they direct. A place with a high share is one where firms locate decision-making, not necessarily where they produce anything. Government administration is excluded by definition and falls under public administration instead.
Metrics in this family#
Considerations#
This is the smallest of the twenty sectors in most places, so shares are small and a single relocation can move a tract's value noticeably.
The sector depends on how employers report their own structure. A managing office is distinguished only where the employer files it as a separate establishment; the Census Bureau records that non-reporting of multiple worksites occurs at a national rate of about 5.6 percent of multi-unit employers, in which case all of that employer's workers in the state are assigned to the main address it did report (LODES Design and Methodology Report). Head-office employment can therefore appear inside a company's operating industry rather than here, and operating staff can appear at a head-office address.
Jobs are counted where the work is located, not where workers live, and at the start of the second quarter. The place of work is the address the employer reports administratively, which "may or may not be the actual location that a worker reports to most often."
To protect confidentiality, the Bureau infuses noise into the underlying employer and establishment records, with a worksite's factor held constant over time. Sector is a secondary characteristic, estimated during that protection rather than carried directly.
Alaska and Michigan have no workplace files for the two most recent data years, and Puerto Rico is not covered; tracts there carry no value.
References#
- 12022 NAICS definitionshttps://www.census.gov/naics/2022NAICS/2022_NAICS_Descriptions.xlsx
- 2LODES Design and Methodology Reporthttps://www2.census.gov/library/working-papers/2025/adrm/ces/CES-WP-25-52.pdf