NAICS Code 6111 - Elementary and Secondary Schools

NAICS 6111 - Elementary and Secondary Schools

NAICS 61 - Educational Services
NAICS 11 - Sector 11--Agriculture, Forestry, Fishing and Hunting NAICS 21 - Sector 21--Mining NAICS 22 - Sector 22--Utilities NAICS 23 - Sector 23--Construction NAICS 31 - Sector 31-33--Manufacturing NAICS 42 - Sector 42--Wholesale Trade NAICS 44 - Sector 44-45--Retail Trade NAICS 48 - Sector 48-49--Transportation and Warehousing NAICS 51 - Sector 51--Information NAICS 52 - Sector 52--Finance and Insurance NAICS 53 - Sector 53--Real Estate and Rental and Leasing NAICS 54 - Sector 54--Professional, Scientific, and Technical Services NAICS 55 - Sector 55--Management of Companies and Enterprises NAICS 56 - Sector 56--Administrative and Support and Waste Management and Remediation Services NAICS 61 - Sector 61--Educational Services NAICS 62 - Sector 62--Health Care and Social Assistance NAICS 71 - Sector 71--Arts, Entertainment, and Recreation NAICS 72 - Sector 72--Accommodation and Food Services NAICS 81 - Sector 81--Other Services (except Public Administration) NAICS 92 - Sector 92--Public Administration
- NAICS 611 - Educational Services
  NAICS 611 - Educational Services
  - NAICS 6111 - Elementary and Secondary Schools
    NAICS 6111 - Elementary and Secondary Schools NAICS 6112 - Junior Colleges NAICS 6113 - Colleges, Universities, and Professional Schools NAICS 6114 - Business Schools and Computer and Management Training NAICS 6115 - Technical and Trade Schools NAICS 6116 - Other Schools and Instruction NAICS 6117 - Educational Support Services

This industry comprises establishments primarily engaged in furnishing academic courses and associated course work that comprise a basic preparatory education. A basic preparatory education ordinarily constitutes kindergarten through 12th grade. This industry includes school boards and school districts.

Industry trends:

In recent years, the Federal and Federally-Sponsored Credit Agencies under NAICS 6111 have been experiencing several qualitative trends driven by economic, technological, and policy changes. One prominent trend is the increasing digitalization and adoption of financial technology (fintech) solutions. These agencies are leveraging advanced technologies like AI and blockchain to streamline loan processing, enhance fraud detection, and improve customer interactions.

Furthermore, the focus on financial inclusion has intensified, with efforts aimed at ensuring underserved communities have better access to credit services. These organizations are partnering with various stakeholders to develop tailored financial products and services that meet the specific needs of marginalized groups.

Sustainability and ESG (Environmental, Social, and Governance) considerations are also becoming more central in credit policies and decision-making processes. Agencies are integrating ESG criteria into their lending practices, supporting projects that contribute to environmental sustainability and social equity.

Looking forward, it is expected that these trends will continue to shape the industry. Digitalization will likely bring greater efficiency and innovation, while the emphasis on financial inclusion and sustainability will drive the creation of more inclusive and responsible financial products. Regulatory frameworks are also anticipated to evolve in response to these changes, ensuring that the benefits of technological advancements and new policies are maximized while mitigating associated risks.

This industry is comprised of:

NAICS 61111 - Elementary and Secondary Schools

Explore related industries:

NAICS 4854 - School and Employee Bus Transportation NAICS 6244 - Child Day Care Services NAICS 9231 - Administration of Human Resource Programs

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