This industry comprises government establishments serving as legislative bodies and their advisory committees and commissions. Included in this industry are legislative bodies, such as Congress, state legislatures, and advisory and study legislative commissions.
The Legislative Bodies industry (NAICS 92112) has been experiencing notable qualitative trends. One significant trend is the increasing integration of technology in legislative processes. Digital platforms and tools for virtual meetings have become essential, allowing for more efficient and transparent governance. This shift is expected to continue, with further investments in cybersecurity to protect sensitive information and ensure secure communications.
Another trend is the growing emphasis on public engagement and stakeholder involvement. Legislative bodies are exploring new methods to include citizen input through online forums, social media, and public consultations. This trend is geared towards increasing transparency and accountability, enhancing public trust in legislative processes.
Additionally, there is a noticeable trend towards data-driven decision-making. Legislative bodies are leveraging big data analytics to inform policy-making, improving the effectiveness and responsiveness of government actions. This approach is anticipated to further evolve, with advanced data analytics becoming a cornerstone of legislative strategies.
In the near future, we are likely to see continued advancements in digital governance tools, greater emphasis on cybersecurity, and an increasing adoption of data analytics. Public engagement initiatives will become more sophisticated, incorporating more interactive and real-time feedback mechanisms. Overall, the Legislative Bodies industry is poised for a future marked by technological innovation, enhanced public participation, and data-centric governance.
Advisory commissions, legislative
Boards of supervisors, county and local
City and town councils
Congress of the United States
County commissioners
Legislative assemblies
Legislative bodies (e.g., federal, local, and state)
Legislative commissions
Study commissions, legislative
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.