<p>Establishments are business locations (<a href="https://www.bls.gov/opub/mlr/2016/article/establishment-firm-or-enterprise.htm" rel="nofollow noreferrer">source</a>). The real estate industry does not include construction (under either NAICS or SIC). It’s not really possible to tell what exactly would be included without more detail on the specific industry group you are looking at; it could be anything from realtors’ offices to apartment rental buildings, or both+other types of establishments. A summary of the NAICS groups can be found <a href="https://www.naics.com/six-digit-naics/?code=53" rel="nofollow noreferrer">here</a>.</p>

CC BY-SA 4.0
2021-04-18T23:54:11.797Z
2021-04-18T23:54:11.797Z
dismalscience
<p>I read data on real estate industry and there is a table titled &quot;establishments&quot;. The title of it is &quot;number of establishments in real estate for all establishment sizes&quot;. Is 'establishment' a terminology for real estate industry? Does 'establishment' here means construction sites? Thank you.</p>

CC BY-SA 4.0
2021-04-18T23:43:22.910Z
This is very much a question about economics, as it’s very standard terminology in employment and related data. See, for example: https://www.bls.gov/ces/data/employment-and-earnings/
dismalscience
CC BY-SA 4.0
2021-04-19T00:17:26.120Z
@dismalscience: Thanks for the clarification. I'll retract my close vote.
Herr K.
<microeconomics><definition><data>
What does 'establishment' mean in real estate industry?
Juliet
# What does 'establishment' mean in real estate industry?

(Asked by: username_0 on 2021-04-18)

I read data on real estate industry and there is a table titled "establishments". The title of it is "number of establishments in real estate for all establishment sizes". Is 'establishment' a terminology for real estate industry? Does 'establishment' here means construction sites? Thank you.

**Tags:** microeconomics, definition, data
> **Comments:**
> **username_1**: This is very much a question about economics, as it’s very standard terminology in employment and related data. See, for example: https://www.bls.gov/ces/data/employment-and-earnings/  
> **username_2**: @dismalscience: Thanks for the clarification. I'll retract my close vote.  

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## 1 answers

### Answer by username_1 on 2021-04-18. Score: 4

Establishments are business locations ([source](https://www.bls.gov/opub/mlr/2016/article/establishment-firm-or-enterprise.htm)). The real estate industry does not include construction (under either NAICS or SIC). It’s not really possible to tell what exactly would be included without more detail on the specific industry group you are looking at; it could be anything from realtors’ offices to apartment rental buildings, or both+other types of establishments. A summary of the NAICS groups can be found [here](https://www.naics.com/six-digit-naics/?code=53).


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