December, 2001, Vol.
124, No. 12
James A. Walker
Economist, Office of Employment and Unemployment Statistics, Bureau of Labor Statistics.
e-mail: Walker.James@bls.gov
John B. Murphy
Assistant Division Chief for Classification Activities, Bureau of the Census, and chair
of the Economic Classification Policy Committee.
e-mail: John.Burns.Murphy@census.gov
This new classification system is a more viable way of classifying industries and tracking new businesses and changes in economic activity; however, the transition period may be challenging to both data collectors and data users
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