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Producer Price Indexes introduced for fitness and recreational sports centersNAICS 713940 To expand coverage of the service sector in the Producer Price Index (PPI), the Bureau of Labor Statistics (BLS) introduced new price indexes for fitness and recreational sports centers--North American Industry Classification System (NAICS) 713940--in July 2005. Data for these indexes, which date back to December 2004, appear in table 5 of this publication and are available online through the BLS homepage: www.bls.gov. This is the first PPI to be published for amusement, gambling, and recreation industries--NAICS 713. In this subsector, businesses may operate facilities at which patrons primarily engage in sports, recreation, amusement, or gambling activities. Alternatively, businesses in this subsector may provide other amusement and recreation services, such as supplying and servicing amusement devices in places of business operated by others; operating sports teams, clubs, or leagues that play games for recreational purposes; and guiding tours without using transportation equipment.(Continue Reading)
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