532289 All Other Consumer Goods Rental
6-digit U.S. detail
532289

All Other Consumer Goods Rental

Description

This U.S. industry comprises establishments primarily engaged in renting consumer goods and products (except consumer electronics and appliances; formal wear and costumes; prerecorded video tapes and discs for home electronic equipment; home health furniture and equipment; and recreational goods). Included in this industry are furniture rental centers and party rental supply centers.

Hierarchy

CodeTitleDescription
53
Real Estate and Rental and Leasing
2-digit sector
The Sector as a Whole The Real Estate and Rental and Leasing sector comprises establishments primarily engaged in renting, leasing, or otherwise allowing the use of tangible or intangible assets, and establishments providing related services. The major portion of this sector comprises establishments that rent, lease, or otherwise allow the use of their own assets by others. The assets may be tangible, as is the case of real estate and equipment, or intangible, as is the case with patents and trademarks. This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate. These activities are closely related to this sector's main activity, and from a production basis they are included here. In addition, a substantial proportion of property management is self-performed by lessors. The main components of this sector are the real estate lessors industries (including equity real estate investment trusts (REITs)); equipment lessors industries (including motor vehicles, computers, and consumer goods); and lessors of nonfinancial intangible assets (except copyrighted works). Excluded from this sector are establishments primarily engaged in renting or leasing equipment with operators. Establishments renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this sector because the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Also excluded from this sector are mortgage REITs and establishments primarily engaged in managing the financial portfolio assets of REITs on a fee or commission basis. These establishments are classified in Sector 52, Finance and Insurance.
532
Rental and Leasing Services
3-digit subsector
Industries in the Rental and Leasing Services subsector include establishments that provide a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. The subsector includes two main types of establishments: (1) those that are engaged in renting consumer goods and equipment and (2) those that are engaged in leasing machinery and equipment often used for business operations. The first type typically operates from a retail-like or storefront facility and maintains inventories of goods that are rented for short periods of time. The latter type typically does not operate from retail-like locations or maintain inventories, and usually offers longer-term leases. These establishments work directly with clients to enable them to acquire the use of equipment on a lease basis, or they work with equipment vendors or dealers to support the marketing of equipment to their customers under lease arrangements. Equipment lessors generally structure lease contracts to meet the specialized needs of their clients and use their remarketing expertise to find other users for previously leased equipment. Establishments that provide operating and capital (i.e., finance) leases are included in this subsector. Establishments primarily engaged in leasing in combination with providing loans are classified in Sector 52, Finance and Insurance. Establishments primarily engaged in leasing real property are classified in Subsector 531, Real Estate. Establishments primarily engaged in renting or leasing equipment with operators are classified in various subsectors of NAICS depending on the nature of the services provided (e.g., transportation, construction, agriculture). These activities are excluded from this subsector since the client is paying for the expertise and knowledge of the equipment operator, in addition to the rental of the equipment. In many cases, such as the rental of heavy construction equipment, the operator is essential to operate the equipment. Likewise, since the provision of crop harvesting services includes both the equipment and operator, it is included in Subsector 115, Support Activities for Agriculture and Forestry. The rental or leasing of copyrighted works is classified in Sector 51, Information, and the rental or leasing of nonfinancial intangible assets, such as patents, trademarks, and/or licensing agreements, is classified in Subsector 533, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works).
5322
Consumer Goods Rental
4-digit industry group
This industry group comprises establishments primarily engaged in renting personal and household-type goods. Establishments classified in this industry group generally provide short-term rental although in some instances, the goods may be leased for longer periods of time. These establishments often operate from a retail-like or storefront facility.
53228
Other Consumer Goods Rental
5-digit NAICS industry
This industry comprises establishments primarily engaged in renting consumer goods (except consumer electronics and appliances). Illustrative Examples: Costume rental Formal wear rental Furniture (i.e., residential) rental centers Hospital bed rental and leasing (i.e., home use) Party rental supply centers Sporting goods rental Video disc rental for home electronic equipment (e.g., DVD)
532289
All Other Consumer Goods Rental
6-digit U.S. detail
This U.S. industry comprises establishments primarily engaged in renting consumer goods and products (except consumer electronics and appliances; formal wear and costumes; prerecorded video tapes and discs for home electronic equipment; home health furniture and equipment; and recreational goods). Included in this industry are furniture rental centers and party rental supply centers.

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Classification References

  1. 01Renting consumer electronics and appliances--are classified in Industry 532210, Consumer Electronics and Appliances Rental;
  2. 02Renting formal wear and costumes--are classified in U.S. Industry 532281, Formal Wear and Costume Rental;
  3. 03Renting video discs (DVDs), including through vending machines--are classified in U.S. Industry 532282, Video Tape and Disc Rental;
  4. 04Renting home health furniture and equipment--are classified in U.S. Industry 532283, Home Health Equipment Rental;
  5. 05Renting recreational goods--are classified in U.S. Industry 532284, Recreational Goods Rental;
  6. 06Renting a range of consumer, commercial, and industrial equipment, such as lawn and garden equipment, home repair tools, and party and banquet equipment--are classified in Industry 532310, General Rental Centers; and
  7. 07Retailing and renting musical instruments--are classified in Industry 459140, Musical Instrument and Supplies Retailers.

Index Items

Carpet and rug, residential, rental

Furniture (i.e., residential) rental centers

Furniture, residential, rental or leasing

Musical instrument rental

Party (i.e., banquet) equipment rental

Party rental supply centers

Piano rental

Rug and carpet rental

Silverware rental

Table and banquet accessory rental

Tableware rental

Tent, party, rental

Tool rental or leasing for home use

How Item Can Help

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External Resources

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