Industry of location

Definition

Industry refers to a generally homogeneous group of economic producing units, primarily engaged in a specific set of activities. An activity is a particular method of combining goods and services inputs, labour and capital to produce one or more goods and/or services (products). In most cases, the activities that define an industry are homogeneous with respect to the production processes used.

Location refers to the lowest level of the Business Register statistical hierarchy. The location, as a statistical unit, is defined as a producing unit at a single geographical location at which or from which economic activity is conducted and for which, at a minimum, employment data are available.

Classifications

Relation to previous version

  • Industry of location November 11, 2011 to current

    This is the current version.

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