AL MIRKAZ

Real Estate and Rental and Leasing

NAICS #53 | The Sector as a Whole

The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks.

This sector also includes establishments primarily engaged in managing real estate for others, selling, renting and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and it was felt that from a production basis they would best be included here. In addition, a substantial proportion of property management is self-performed by lessors.

The main components of this sector are the real estate lessors industries; equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works).

Excluded from this sector are real estate investment trusts (REITS) and establishments primarily engaged in renting or leasing equipment with operators. REITS are classified in Subsector 525, Funds, Trusts, and Other Financial Vehicles, because they are considered investment vehicles. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment.

Convention and Trade Show Organizers

NAICS #56192 | This industry comprises establishments primarily engaged in organizing, promoting, and/or managing events, such as business and trade shows, conventions, conferences, and meetings (whether or not they manage and provide the staff to operate the facilities in which these events take place). Establishments primarily engaged in organizing, promoting, and/or managing live performing arts productions, sports events, and similar events, such as festivals (whether or not they manage and provide the staff to operate the facilities in which these events take place), are classified in Industry Group 7113, Promoters of Performing Arts, Sports, and Similar Events.

Promoters of Performing Arts, Sports, and Similar Events without Facilities

NAICS #71132 | This industry comprises promoters primarily engaged in organizing, promoting, and/or managing live performing arts productions, sports events, and similar events, such as state fairs, county fairs, agricultural fairs, concerts, and festivals, in facilities that are managed and operated by others. Theatrical (except motion picture) booking agencies are included in this industry. Booking motion pictures or videos--are classified in U.S. Industry 512199, Other Motion Picture and Video Industries; Producing live performances (but may also promote the performances)--are classified in Industry Group 7111, Performing Arts Companies; Operating racetracks (but may also promote the events held in these facilities)--are classified in U.S. Industry 711212, Racetracks; Presenting sporting events (but may also promote these events)--are classified in U.S. Industry 711211, Sports Teams and Clubs; Organizing, promoting, and/or managing conventions, conferences, and trade shows (but may also operate the facilities where these events take place)--are classified in Industry 561920, Convention and Trade Show Organizers; Organizing, promoting, and/or managing performing arts, sports, and similar events in facilities they manage or operate--are classified in Industry 711310, Promoters of Performing Arts, Sports, and Similar Events with Facilities; and Operating amateur, semiprofessional, or professional athletic associations or leagues--are classified in Industry 813990, Other Similar Organizations (except Business, Professional, Labor, and Political Organizations).