I have a question regarding choosing the appropriate IMPLAN code: the company's NAICS code is 921190 (IRS support Center). Is it appropriate to use IMPLAN code 506 (Fed non-military) or IMPLAN code 455 (Business support services).
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  • If you use Implan 506, there will be no spending for goods and services. All government spending on goods and services is in a final demand category and not a production function. If your service center does not purchase its goods and services locally (probably have to as them) then use 509. If they do purchase goods and services locally then use 455. You would want to check the average employee compensation as well. You can do that by clicking Edit/Study Area and then selecting the sector you are interested in. The middle box on the edit page shows average income per work. This can be changed if need and there is a tutorial for that.
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  • If you use Implan 506, there will be no spending for goods and services. All government spending on goods and services is in a final demand category and not a production function. If your service center does not purchase its goods and services locally (probably have to as them) then use 509. If they do purchase goods and services locally then use 455. You would want to check the average employee compensation as well. You can do that by clicking Edit/Study Area and then selecting the sector you are interested in. The middle box on the edit page shows average income per work. This can be changed if need and there is a tutorial for that.
    0

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