The 2009 Economic and Product Market Databook for Suez, Egypt

This study covers the outlook for products and services in Suez. Estimates reported are given for the latent demand, or potential industry earnings (P.I.E.), for Suez across hundreds of categories (in millions of U.S. dollars) and of the region and of the globe. These comparative benchmarks allow the reader to quickly gauge a Suez vis-à-vis the world. Using econometric models which project fundamental economic dynamics, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. This study does not report actual sales data, but give, however, my estimates for the latent demand, or the P.I.E. for a variety of categories. In order to make these estimates, a multi-stage methodology was employed that is often taught in courses on international strategic planning at graduate schools of business. What is Latent Demand and the P.I.E.? The concept of latent demand is rather subtle. The term latent typically refers to something that is dormant, not observable, or not yet realized. Demand is the notion of an economic quantity that a target population or market requires under different assumptions of price, quality, and distribution, among other factors. Latent demand, therefore, is commonly defined by economists as the industry earnings of a market when that market becomes accessible and attractive to serve by competing firms. It is a measure, therefore, of potential industry earnings (P.I.E.) or total revenues (not profit) if a market is served in an efficient manner. It is typically expressed as the total revenues potentially extracted by firms. The “market” is defined at a given level in the value chain. There can be latent demand at the retail level, at the wholesale level, the manufacturing level, and the raw materials level (the P.I.E. of higher levels of the value chain being always smaller than the P.I.E. of levels at lower levels of the same value chain, assuming all levels maintain minimum profitability). The latent demand is not actual or historic sales. Nor is latent demand future sales. In fact, latent demand can be lower either lower or higher than actual sales if a market is inefficient (i.e., not representative of relatively competitive levels). Inefficiencies arise from a number of factors, including the lack of international openness, cultural barriers to consumption, regulations, and cartel-like behavior on the part of firms. In general, however, latent demand is typically larger than actual sales in a country market. It should be noted that the estimates are “culture blind” and “climate blind”, meaning that sales may in fact be lower than the latent demand due to cultural or exogenous factors, such as religion or climate (e.g. the presence of certain religions can effect the actual sales of certain food and beverage products, in the same way that climatic conditions can affect the actual sales of clothing and/or heating products). The estimates of latent demand do not explicitly control for either these long-run exogenous factors or shot-run exogenous factors that may be present from year to year (e.g. the effects of war, SARS, terrorist activities, civil wars, natural disasters, elections, or similar events). Another reason why sales do not equate to latent demand is exchange rates. In this report, all figures assume the long-run efficiency of currency markets. Figures, therefore, equate values based on purchasing power parities across countries. Short-run distortions in the value of the dollar, therefore, do not figure into the estimates. Purchasing power parity estimates of country income were collected from official sources, and extrapolated using standard econometric models. The report uses the dollar as the currency of comparison, but not as a measure of transaction volume. The units used in this report are: uuuu. For reasons discussed later, this report does not consider the notion of “unit quantities”, only total latent revenues (i.e., a calculation of price times quantity is never made, though one is implied). The units used in this report are U.S. dollars not adjusted for inflation (i.e., the figures incorporate inflationary trends) and not adjusted for future dynamics in exchange rates (i.e., the figures reflect average exchange rates over recent history). If inflation rates or exchange rates vary in a substantial way compared to recent experience, actually sales can also exceed latent demand (when expressed in U.S. dollars, not adjusted for inflation). On the other hand, latent demand can be typically higher than actual sales as there are often distribution inefficiencies that reduce actual sales below the level of latent demand. As mentioned in the introduction, this study is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved. If fact, all the current products or services on the market can cease to exist in their present form (i.e., at a brand-, R&D specification, or corporate-image level) and all the players can be replaced by other firms (i.e., via exits, entries, mergers, bankruptcies, etc.), and there will still be a latent demand at the aggregate level. Product and service offering details, and the actual identity of the players involved, while important for certain issues, are relatively unimportant for estimates of latent demand. The Methodology In order to estimate the latent demand for products and services in Suez, I used a multi-stage approach. Before applying the approach, one needs a basic theory from which such estimates are created. In this case, I heavily rely on the use of certain basic economic assumptions. In particular, there is an assumption governing the shape and type of aggregate latent demand functions. Latent demand functions relate the income of a country, city, state, household, or individual to realized consumption. Latent demand (often realized as consumption when an industry is efficient), at any level of the value chain, takes place if an equilibrium in realized. For firms to serve a market, they must perceive a latent demand and be able to serve that demand at a minimal return. The single most important variable determining consumption, assuming latent demand exists, is income (or other financial resources at higher levels of the value chain). Other factors that can pivot or shape demand curves include external or exogenous shocks (i.e., business cycles), and or changes in utility for the product in question. Ignoring, for the moment, exogenous shocks and variations in utility across countries, the aggregate relation between income and consumption has been a central theme in economics. The figure below concisely summarizes one aspect of problem. In the 1930s, John Meynard Keynes conjectured that as incomes rise, the average propensity to consume would fall. The average propensity to consume is the level of consumption divided by the level of income, or the slope of the line from the origin to the consumption function. He estimated this relationship empirically and found it to be true in the short-run (mostly based on cross-sectional data). The higher the income, the lower the average propensity to consume. This type of consumption function is labeled "A" in the figure below (note the rather flat slope of the curve). In the 1940s, another macroeconomist, Simon Kuznets, estimated long-run consumption functions which indicated that the marginal propensity to consume was rather constant (using time series data across countries). This type of consumption function is show as "B" in the figure below (note the higher slope and zero-zero intercept). The average propensity to consume is constant. Is it declining or is it constant? A number of other economists, notably Franco Modigliani and Milton Friedman, in the 1950s (and Irving Fisher earlier), explained why the two functions were different using various assumptions on intertemporal budget constraints, savings, and wealth. The shorter the time horizon, the more consumption can depend on wealth (earned in previous years) and business cycles. In the long-run, however, the propensity to consume is more constant. Similarly, in the long run, households, industries or countries with no income eventually have no consumption (wealth is depleted). While the debate surrounding beliefs about how income and consumption are related and interesting, in this study a very particular school of thought is adopted. In particular, we are considering the latent demand across some 230 countries. The smallest have fewer than 10,000 inhabitants. I assume that all of these counties fall along a "long-run" aggregate consumption function. This long-run function applies despite some of these countries having wealth, current income dominates the latent demand for products and services. So, latent demand in the long-run has a zero intercept. However, I allow firms to have different propensities to consume (including being on consumption functions with differing slopes, which can account for differences in industrial organization, and end-user preferences). Given this overriding philosophy, I will now describe the methodology used to create the latent demand estimates for this study. Since ICON Group has asked me to apply this methodology to a large number of categories, the rather academic discussion below is general and can be applied to a wide variety of categories and cities. Step 1. Product Definition and Data Collection Any study of latent demand across countries requires that some standard be established to define “efficiently served”. Having implemented various alternatives and matched these with market outcomes, I have found that the optimal approach is to assume that certain key countries are more likely to be at or near efficiency than others. These countries and cities are given greater weight than others in the estimation of latent demand compared to others for which no known data are available. Of the many alternatives, I have found the assumption that the world’s highest aggregate income and highest income-per-capita markets reflect the best standards for “efficiency”. High aggregate income alone is not sufficient (i.e., China has high aggregate income, but low income per capita and can not assumed to be efficient). Aggregate income can be operationalized in a number of ways, including gross domestic product (for industrial categories), or total disposable income (for household categories; population times average income per capita, or number of households times average household income per capita). Brunei, Nauru, Kuwait, and Lichtenstein are examples of countries with high income per capita, but not assumed to be efficient, given low aggregate level of income (or gross domestic product); these countries have, however, high incomes per capita but may not benefit from the efficiencies derived from economies of scale associated with large economies. Only countries with high income per capita and large aggregate income are assumed efficient. This greatly restricts the pool of countries and cities to those in the OECD (Organization for Economic Cooperation and Development), like the United States, or the United Kingdom (which were earlier than other large OECD economies to liberalize their markets). The selection of markets is further reduced by the fact that not all countries in the OECD report industry revenues at the category level. Countries that typically have ample data at the aggregate level that meet the efficiency criteria include the United States, the United Kingdom and in some cases France and Germany. Latent demand is therefore estimated using data collected for relatively efficient markets from independent data sources (e.g. Euromonitor, Mintel, Thomson Financial Services, the U.S. Industrial Outlook, the World Resources Institute, the Organization for Economic Cooperation and Development, various agencies from the United Nations, industry trade associations, the International Monetary Fund, and the World Bank). Depending on original data sources used, the definition of a category is established. In the case of this report, the data were reported at the aggregate level, with no further breakdown or definition. In other words, any potential product or service that might be incorporated within the category falls under the broadest definition of category. Public sources rarely report data at the disaggregated level in order to protect private information from individual firms that might dominate a specific product-market. These sources will therefore aggregate across components of a category and report only the aggregate to the public. While private data are certainly available, this report only relies on public data at the aggregate level without reliance on the summation of various category components. In other words, this report does not aggregate a number of components to arrive at the “whole”. Rather, it starts with the “whole”, and estimates the whole for all countries and the world at large (without needing to know the specific parts that went into the whole in the first place). All figures in this report are for sales resulting from retail channels. Step 2. Filtering and Smoothing Based on the aggregate view of products and services as defined above, data were then collected for as many similar countries as possible for that same definition, at the same level of the value chain. This generates a convenience sample of countries from which comparable figures are available. If the series in question do not reflect the same accounting period, then adjustments are made. In order to eliminate short-term effects of business cycles, the series are smoothed using an 2 year moving average weighting scheme (longer weighting schemes do not substantially change the results). If data are available for a country or a city, but these reflect short-run aberrations due to exogenous shocks (such as would be the case of beef sales in a country stricken with foot and mouth disease), these observations were dropped or "filtered" from the analysis. Step 3. Filling in Missing Values In some cases, data are available for countries or cities on a sporadic basis. In other cases, data may be available for only one year. From a Bayesian perspective, these observations should be given greatest weight in estimating missing years. Assuming that other factors are held constant, the missing years are extrapolated using changes and growth in aggregate national income. Based on the overriding philosophy of a long-run consumption function (defined earlier), countries which have missing data for any given year, are estimated based on historical dynamics of aggregate income. Step 4. Varying Parameter, Non-linear Estimation Given the data available from the first three steps, the latent demand is estimated using a “varying-parameter cross-sectionally pooled time series model”. Simply stated, the effect of income on latent demand is assumed to be constant unless there is empirical evidence to suggest that this effect varies (i.e., the slope of the income effect is not necessarily same for all cities). This assumption applies across cities along the aggregate consumption function, but also over time (i.e., not all cities are perceived to have the same income growth prospects over time and this effect can vary from city to city as well). Another way of looking at this is to say that latent demand for products and services is more likely to be similar across cities that have similar characteristics in terms of economic development (i.e., African cities will have similar latent demand structures controlling for the income variation across the pool of African cities). This approach is useful across cities for which some notion of non-linearity exists in the aggregate cross-city consumption function. For some categories, however, the reader must realize that the numbers will reflect a city’s contribution to global latent demand and may never be realized in the form of local sales. For certain category combinations this will result in what at first glance will be odd results. For example, the latent demand for the category “space vehicles” will exist for “Togo” even though they have no space program. The assumption is that if the economies in these countries did not exist, the world aggregate for these categories would be lower. The share attributed to these countries is based on a proportion of their income (however small) being used to consume the category in question (i.e., perhaps via resellers). Step 5. Fixed-Parameter Linear Estimation Nonlinearities are assumed in cases where filtered data exist along the aggregate consumption function. There will always be those cities, especially toward the bottom of the consumption function, where non-linear estimation is simply not possible. For these cities, equilibrium latent demand is assumed to be perfectly parametric and not a function of wealth (i.e., a city’s stock of income), but a function of current income (a city’s flow of income). In the long run, if a city has no current income, the latent demand is assumed to approach zero. The assumption is that wealth stocks fall rapidly to zero if flow income falls to zero (i.e., cities which earn low levels of income will not use their savings, in the long run, to purchase goods and services). In a graphical sense, for low income cities, latent demand approaches zero in a parametric linear fashion with a zero-zero intercept. In this stage of the estimation procedure, low-income cities are assumed to have a latent demand proportional to their income, based on the city closest to it on the aggregate consumption function. Step 6. Aggregation and Benchmarking Based on the models described above, latent demand figures are estimated for all countries and cities of the world, including for the smallest economies. These are then aggregated to get world totals and regional totals. To make the numbers more meaningful, regional and global demand averages are presented. Figures are rounded, so minor inconsistencies may exist across tables.

1 INTRODUCTION & METHODOLOGY 30 1.1 Overview & Methodology 30 1.2 Market Potential Estimation Methodology 30 1.2.1 Overview 30 1.2.2 What is Latent Demand and the P.I.E.? 30 1.2.3 The Methodology 31 1.2.3.1 Step 1. Product Definition and Data Collection 33 1.2.3.2 Step 2. Filtering and Smoothing 33 1.2.3.3 Step 3. Filling in Missing Values 34 1.2.3.4 Step 4. Varying Parameter, Non-linear Estimation 34 1.2.3.5 Step 5. Fixed-Parameter Linear Estimation 34 1.2.3.6 Step 6. Aggregation and Benchmarking 35 2 SUMMARY RANKINGS 36 3 AC DRIVES 60 4 ADHESIVES AND SEALANTS 60 5 ADULT ENTERTAINMENT 61 6 ADVERTISING AGENCIES 61 7 AEROSPACE AND DEFENSE EQUIPMENT 62 8 AFTERMARKET PASSENGER CAR TIRES 62 9 AFTER-SUN MOISTURIZERS AND TAN-EXTENDER CREAMS 63 10 AGRICULTURAL CHEMICALS 63 11 AIR CONDITIONING AND REFRIGERATION EQUIPMENT 64 12 ALBUMS AND EPS 64 13 ALCOHOLIC COOLER BEVERAGES 65 14 ALES AND STOUTS 65 15 ALIMENTARY AND METABOLISM PHARMACEUTICALS 66 16 ALL MOUNTAIN SNOWBOARDS 66 17 ALUMINA REFINING 67 18 ALUMINUM DIE-CASTING FOUNDRIES 67 19 AMBIENT CANNED SPONGE PUDDING 68 20 AMMONIA-FREE SEMI-PERMANENT HAIR DYES 68 21 AMUSEMENT AND RECREATION SERVICES 69 22 ANALGESICS 69 23 ANALOG CAMCORDERS 70 24 ANTHRACITE MINING 70 25 ANTIDEPRESSANT PHARMACEUTICALS 71 26 ANTIFREEZE 71 27 ANTIPERSPIRANTS AND DEODORANTS 72 28 ANTI-REFLECTIVE GLASS 72 29 ANTISEPTIC FIRST AID CREAMS, SPRAYS, AND WIPES 73 30 APPAREL AND ACCESSORIES 73 31 APPETIZERS AND DIPS 74 32 APPLES 74 33 APPLICATIONS SOFTWARE 75 34 APPLICATION-SPECIFIC INTEGRATED CIRCUITS (ASICS) 75 35 APPLICATOR TAMPONS 76 36 ARCHITECTURAL SERVICES 76 37 ART DEALERS 77 38 ASIAN GREEN TEA 77 39 ATHLETIC FOOTWEAR 78 40 AUDIO COMPONENTS 78 41 AUTO AND HOME SUPPLY STORES 79 42 AVIATION SERVICES 79 43 BABY CARE PRODUCTS 80 44 BACON-FLAVORED POTATO CHIPS 80 45 BAGELS 81 46 BAGGED CHOCOLATE CANDY 81 47 BAKED GOODS 82 48 BAKERIES 82 49 BAKERY PRODUCTS 83 50 BAKING SODA TOOTHPASTE 83 51 BALLPOINT PENS 84 52 BANANAS 84 53 BAPS ROLLS 85 54 BAR SOAP 85 55 BASE CHEMICALS 86 56 BASMATI LONG GRAIN RICE 86 57 BATH AND SHOWER ENHANCERS 87 58 BATTERY EGGS 87 59 BEAUTY AND BARBER SHOPS 88 60 BEEF-FLAVORED POTATO CHIPS 88 61 BEER 89 62 BELUGA CAVIAR 89 63 BEVERAGE MAKERS 90 64 BICYCLES AND BICYCLE ACCESSORIES 90 65 BIOTECHNOLOGY 91 66 BITUMINOUS COAL 91 67 BLACK TEA IN BAGS 92 68 BLANCMANGE AND PUDDING MIX 92 69 BLANK AUDIO CASSETTES 93 70 BLENDED WHISKEY 93 71 BOARD GAMES AND PUZZLES 94 72 BOAT BUILDING 94 73 BODY CARE PRODUCTS 95 74 BOILERS 95 75 BOOK PUBLISHING 96 76 BOTTLED WATER 96 77 BOTTLES OF LAGER BEER 97 78 BOUILLON CUBES 97 79 BOUTIQUE HOTELS 98 80 BOXED PEN AND PENCIL SETS 98 81 BOYS SCHOOL UNIFORMS 99 82 BRAS AND ALLIED GARMENTS 99 83 BREAD 100 84 BREAKFAST CEREALS 100 85 BREATH FRESHENING SPRAYS 101 86 BREWERIES 101 87 BRIEFCASES 102 88 BROADBAND INTERNET ACCESS 102 89 BROADWOVEN FABRIC FINISHING MILLS 103 90 BROOM, BRUSH, AND MOP MANUFACTURING 103 91 BROWN AND WHOLEMEAL BREAD 104 92 BUBBLE GUM 104 93 BUDWEISER LAGER BEER 105 94 BUILDING INSPECTION SERVICES 105 95 BUILT-IN ELECTRIC OVENS 106 96 BULK DISPOSABLE DIAPERS 106 97 BUSES AND COACHES 107 98 BUSINESS SUPPORT SERVICES 107 99 BUTCHER SHOPS 108 100 BUTTER 108 101 CABLE TV 109 102 CAD/CAM/CAE SOFTWARE 109 103 CAFES AND RESTAURANTS 110 104 CAJUN AND CARIBBEAN FOOD 110 105 CAKES AND PASTRIES 111 106 CALCIUM SUPPLEMENTS 111 107 CAMCORDERS 112 108 CAMERA AND PHOTOGRAPHIC SUPPLIES STORES 112 109 CAMPGROUNDS AND RECREATIONAL VEHICLE PARKS 113 110 CANAPÉ APPETIZERS 113 111 CANDLES 114 112 CANDY 114 113 CANNED FISH 115 114 CANS OF LAGER BEER 115 115 CAR AUDIO SYSTEMS 116 116 CASHEWS 116 117 CASINOS AND GAMBLING 117 118 CAST IRON COOKWARE 117 119 CASUAL COMBINATION RESTAURANT/BARS 118 120 CAT FOOD 118 121 CD PLAYERS 119 122 CEILING LIGHT FIXTURES 119 123 CELLULAR TELEPHONES 120 124 CEMENT CONSTRUCTION MATERIALS 120 125 CEMETERIES AND CREMATORIES 121 126 CERAMIC HOUSEWARES 121 127 CHALKBOARDS 122 128 CHEESE MANUFACTURING 122 129 CHEMICALS 123 130 CHERRY-FLAVORED BOTTLED WATER 123 131 CHEWING GUM 124 132 CHICKEN PATTIES 124 133 CHILDRENS AND INFANTS CLOTHING STORES 125 134 CHILLED DESSERTS 125 135 CHINA AND PORCELAIN 126 136 CHINESE SIDE DISHES 126 137 CHIPS AND CRISPS 127 138 CHLORINE BLEACH CLEANING PRODUCTS 127 139 CHOCOLATE CANDY 128 140 CHUTNEY 128 141 CIGARETTE MANUFACTURING 129 142 CIGARS AND CIGARILLOS 129 143 CITRUS FRUIT 130 144 CIVIL AEROSPACE EQUIPMENT 130 145 CLASSIC HANDBAGS 131 146 CLAY BUILDING PRODUCTS 131 147 CLIMBING ROPES 132 148 CLOTHES DRYERS 132 149 CLOTHING ACCESSORIES 133 150 CMOS IMAGE SENSORS 133 151 COATED OR LAMINATED PAPER MANUFACTURING 134 152 COD LIVER OIL DIETARY SUPPLEMENTS 134 153 COFFEE AND TEA MANUFACTURING 135 154 COIN-OPERATED LAUNDRIES AND DRY CLEANERS 135 155 COLAS 136 156 COLLECTION AGENCIES 136 157 COLOR COSMETICS 137 158 COMBINATION VCR/DVD PLAYERS 137 159 COMMERCIAL BAKERIES 138 160 COMMUNICATIONS SERVICES 138 161 COMPACT FLUORESCENT LIGHT BULBS 139 162 COMPLETE DRY DOG FOOD 139 163 COMPOUND COOKING OILS AND FATS 140 164 COMPUTER STORAGE DEVICE MANUFACTURING 140 165 CONCENTRATED LIQUID FABRIC SOFTENERS 141 166 CONCRETE PIPE MANUFACTURING 141 167 CONSOLE VIDEO GAMES 142 168 CONSTRUCTION AND ENGINEERING SERVICES 142 169 CONSUMER BATTERIES 143 170 CONTACT LENSES 143 171 CONTINENTAL AND SPECIALTY PLANT BREAD 144 172 CONTINUOUS AIR FRESHENERS 144 173 CONTROL AND SUPPORT HOSIERY 145 174 CONVENIENCE STORES 145 175 CONVENTIONAL MINERAL OIL 146 176 COOKED CHICKEN PIECES 146 177 COOKIES AND CRACKERS 147 178 COOKING RANGES 147 179 COOLING FANS 148 180 COPPER ROLLING, DRAWING, AND EXTRUDING 148 181 CORDLESS COMPUTER MICE 149 182 CORPORATE STRATEGY SERVICES 149 183 COSMETICS AND TOILETRIES 150 184 COSTUME BRACELETS AND BANGLES 150 185 COTTON DIAPERS 151 186 COUGH AND COLD REMEDIES 151 187 CRACKERS 152 188 CRAFT BEER 152 189 CRAMI 153 190 CREAM CRACKERS 153 191 CREDIT BUREAUS 154 192 CRISPBREADS 154 193 CROISSANTS 155 194 CROSS/UTILITY VEHICLES (CUVS) 155 195 CRUDE PETROLEUM AND NATURAL GAS EXTRACTION 156 196 CRUDITÉS AND DIPS 156 197 CRUISE SHIP TOURISM 157 198 CRUMPETS AND PIKELETS 157 199 CRUSHED AND BROKEN STONE 158 200 CRUSHING OILSEEDS AND TREE NUTS EXCLUDING SOYBEANS 158 201 CRUSTY ROLLS 159 202 CUPCAKES 159 203 CURRENT-CARRYING WIRING DEVICE MANUFACTURING 160 204 CURTAIN AND DRAPERY MILLS 160 205 CUSTOM COMPOUNDING OF PURCHASED RESINS 161 206 CUT ORCHIDS 161 207 DAILY NEWSPAPERS 162 208 DAIRY CREAM 162 209 DARK BRANDY 163 210 DATA PROCESSING AND NETWORK SERVICES 163 211 DECAFFEINATED TEA 164 212 DECORATIVE NATURAL GAS SPACE HEATERS 164 213 DEFENSE INDUSTRY EQUIPMENT 165 214 DEHUMIDIFIERS AND HUMIDIFIERS 165 215 DEHYDRATED SOUP 166 216 DELI FOOD 166 217 DELUXE AND MALT WHISKEY 167 218 DENTAL FLOSS 167 219 DENTURE FIXATIVES AND CLEANSERS 168 220 DEPARTMENT STORES 168 221 DEPOSITORY CREDIT INTERMEDIATION 169 222 DESIGNER BATH AND SHOWER PRODUCTS 169 223 DESKTOP PERSONAL COMPUTERS 170 224 DETERGENT BARS 170 225 DIABETES MONITORING DEVICES 171 226 DIAL-UP INTERNET ACCESS 171 227 DIESEL TRUCKS 172 228 DIETARY SUPPLEMENTS 172 229 DIGESTION AIDS 173 230 DIGITAL CAMERAS 173 231 DIMENSION STONE 174 232 DINING OUT 174 233 DIPS 175 234 DIRECT SELLING ESTABLISHMENTS 175 235 DISCOUNT SUPERSTORES 176 236 DISCRETE SEMICONDUCTORS 176 237 DISHWASHER ADDITIVES 177 238 DISHWASHING PRODUCTS 177 239 DISPOSABLE CAMERAS 178 240 DISTILLATE FUEL OIL 178 241 DISTILLERIES 179 242 DOG FOOD 179 243 DOLLS AND FIGURES 180 244 DOMESTIC HEATING APPLIANCES 180 245 DRAFTING SERVICES 181 246 DRAM (DYNAMIC RANDOM ACCESS MEMORY) 181 247 DRAUGHT LAGER BEER 182 248 DRIED AND DEHYDRATED FOOD MANUFACTURING 182 249 DRINK CONCENTRATES 183 250 DRUG STORES AND PHARMACIES 183 251 DRY PASTA MANUFACTURING 184 252 DUCK AND GOOSE MEAT 184 253 DUFFLE BAGS 185 254 DURABLE GOODS 185 255 DVD PLAYERS 186 256 EASELS 186 257 EATING AND DRINKING PLACES 187 258 ECONOMY DISPOSABLE DIAPERS 187 259 EDIBLE OILS 188 260 EDUCATION AND TRAINING SERVICES 188 261 ELECTRIC BULK POWER TRANSMISSION AND CONTROL 189 262 ELECTRON TUBES 189 263 ELECTROSTATIC BROOMS 190 264 ELEMENTARY AND SECONDARY SCHOOLS 190 265 EMERGENCY CANDLES 191 266 ENERGY DRINKS 191 267 ENGINEERING SERVICES 192 268 ENGINES WITH LESS THAN 1 MEGAWATT OF POWER 192 269 ENGLISH MUFFINS 193 270 ENVELOPE MANUFACTURING 193 271 ENVIRONMENTAL CONSULTING SERVICES 194 272 ERMINE FUR COATS 194 273 ETHNIC APPETIZERS 195 274 EVENING HANDBAGS 195 275 EVERYDAY COOKIES 196 276 EXERCISE EQUIPMENT AND PERSONAL CARE APPLIANCES 196 277 EXPLOSIVES MANUFACTURING 197 278 EXTENDED STAY AND BUSINESS SUITE MOTELS 197 279 EXTERMINATING AND PEST CONTROL SERVICES 198 280 EXTERNAL SANITARY PROTECTION PRODUCTS 198 281 EXTRUDED CRISPBREADS 199 282 EYE CARE TREATMENT 199 283 FABRIC COATING MILLS 200 284 FACIAL AND BODY TONING SYSTEMS 200 285 FAMILY CLOTHING STORES 201 286 FARM MACHINERY AND EQUIPMENT 201 287 FASHION DOLLS 202 288 FAST FOOD 202 289 FAX MACHINES 203 290 FELT-TIPPED AND FIBER-TIPPED PENS 203 291 FEMININE SANITARY PROTECTION 204 292 FERMENTED SAUCES 204 293 FIBER-OPTIC CABLE MANUFACTURING 205 294 FILLED FRESH PASTA 205 295 FILM CAMERAS 206 296 FINANCIAL SERVICES 206 297 FINE FABRIC DETERGENTS 207 298 FINGER ROLLS 207 299 FIRST AID BANDAGES AND DRESSINGS 208 300 FISH AND SEAFOOD MARKETS 208 301 FIXED-LINE TELECOMMUNICATIONS SERVICES 209 302 FLAME-EFFECT ELECTRIC SPACE HEATERS 209 303 FLASH MEMORY 210 304 FLAT GLASS 210 305 FLAVORED ALCOHOLIC BEVERAGES 211 306 FLOOR COVERING RETAILERS 211 307 FLOUR MILLING 212 308 FOLDING PAPERBOARD BOXES 212 309 FOOD ADVERTISING 213 310 FOOT SPAS 213 311 FORESTRY AND FISHING 214 312 FORTIFIED WINES 214 313 FOSSIL FUEL-POWERED ELECTRIC POWER GENERATION 215 314 FOSTERS LAGER BEER 215 315 FOUNTAIN PENS 216 316 FRAGRANCES 216 317 FRANCHISING 217 318 FREE-RANGE EGGS 217 319 FREESTANDING ELECTRIC RANGES 218 320 FREEZE-DRIED INSTANT COFFEE 218 321 FRESH AND FROZEN SEAFOOD PROCESSING 219 322 FROMAGE FRAIS 219 323 FROZEN SPECIALTY FOODS MANUFACTURING 220 324 FRUIT AND VEGETABLE JUICES 220 325 FUEL DEALERS 221 326 FUNCTIONAL CANDLES 221 327 FUNERAL HOMES 222 328 FURNITURE POLISH 222 329 GAMBLING 223 330 GAMING COMPUTER SYSTEMS 223 331 GARDENING MAGAZINES 224 332 GARLIC BREAD 224 333 GAS AND ELECTRIC OVENS 225 334 GEL DEODORANTS 225 335 GENERAL FREIGHT TRUCKING 226 336 GENERIC PRESCRIPTION DRUGS 226 337 GENETICALLY MODIFIED COTTONSEED 227 338 GEOGRAPHIC INFORMATION SYSTEMS (GIS) MAPPING 227 339 GEOPHYSICAL SURVEYING AND MAPPING SERVICES 228 340 GHERKIN SOUR PICKLES 228 341 GIFT, NOVELTY, AND SOUVENIR STORES 229 342 GIFTS 229 343 GIN 230 344 GINSENG SUPPLEMENTS 230 345 GIRLS DRESSES AND BLOUSES 231 346 GLASS CONTAINER MANUFACTURING 231 347 GLOBAL POSITIONING SYSTEM (GPS) RECEIVERS 232 348 GLOBES 232 349 GOLD ORE AND SILVER ORE MINING 233 350 GOLF EQUIPMENT 233 351 GOURMET POTATO CHIPS 234 352 GOVERNMENT PUBLIC HEALTH ACTIVITIES 234 353 GRANOLA BARS AND BREAKFAST CEREAL BARS 235 354 GRAPE JUICE 235 355 GRAPHIC DESIGN SERVICES 236 356 GREEN VEGETABLES 236 357 GREETING CARDS 237 358 GROCERY DISCOUNTERS 237 359 GROUND ROASTED COFFEE 238 360 GSM1X CELLULAR TELEPHONES 238 361 GSM-BASED CELLULAR TELEPHONES 239 362 GUIDED MISSILES AND SPACE VEHICLES 239 363 GUM PROTECTION TOOTHPASTE 240 364 GYPSUM PRODUCTS 240 365 HAIR LIGHTENERS AND DYES 241 366 HALOGEN LIGHT BULBS 241 367 HAND LOTION 242 368 HARD CHEESE 242 369 HDTV 243 370 HEALTH CARE EQUIPMENT AND SUPPLIES 243 371 HEART MONITORS 244 372 HEATING AND COOLING APPLIANCES 244 373 HEAVY BUSES AND COACHES 245 374 HEINEKEN COLD-FILTERED LAGER BEER 245 375 HERBAL AND FRUIT TEA 246 376 HERBS AND SPICES 246 377 HIGH-END AC DRIVES OF AT LEAST 201 KW 247 378 HIGHLY REFINED MINERAL OIL 247 379 HIGHWAY AND STREET CONSTRUCTION 248 380 HIP-HOP RINGTONES 248 381 HISPANIC MUSIC TELEVISION 249 382 HI-TECH LOGISTICS 249 383 HOBBY, TOY, AND GAME STORES 250 384 HOME CENTERS 250 385 HONEY 251 386 HOSIERY STOCKINGS 251 387 HOSPITAL CARE 252 388 HOT BREAKFAST CEREALS 252 389 HOUSEHOLD COOKING APPLIANCE MANUFACTURING 253 390 HUMAN RESOURCE MANAGEMENT SERVICES 253 391 HUNTING, TRAPPING, AND GAME PROPAGATION 254 392 HYPOTONIC SPORTS DRINKS 254 393 ICE MANUFACTURING 255 394 IMITATION LOBSTER MEAT 255 395 IMPORTED WHISKEY 256 396 IMPULSE ICE CREAM 256 397 IN VITRO DIAGNOSTIC EQUIPMENT 257 398 IP-BASED ENTERPRISE NETWORKING EQUIPMENT 257 399 IRON ORE MINING 258 400 ISOTONIC SPORTS DRINKS 258 401 ITALIAN BREAD 259 402 JANITORIAL SERVICES 259 403 JAPANESE FOODS 260 404 JAR FRESHENERS 260 405 JEWELRY MANUFACTURING EXCLUDING COSTUME JEWELRY 261 406 JUICE 261 407 JUVENILE SURFBOARDS 262 408 KELLOGG BRAND COOKIES 262 409 KETCHUP 263 410 KILN FURNITURE 263 411 KITCHEN APPLIANCES 264 412 KITEBOARDING KITES 264 413 KNEE HIGHS HOSIERY 265 414 KNITWEAR 265 415 KRAFT FOODS BRAND COOKIES 266 416 LACY HOSIERY 266 417 LAGER BEER 267 418 LAMBSKIN CONDOMS 267 419 LAMPSHADES 268 420 LAPTOP COMPUTERS 268 421 LARD OILS 269 422 LARGE HOUSEHOLD APPLIANCES 269 423 LAUNDRY BOOSTERS AND ANCILLARIES 270 424 LAWN AND GARDEN EQUIPMENT AND SUPPLIES STORES 270 425 LEAD AND ZINC ORES 271 426 LEATHER AND LEATHER PRODUCTS 271 427 LEGAL SERVICES 272 428 LEGUMES 272 429 LEISURE EDUCATION 273 430 LEMONADE 273 431 LEMON-FLAVORED BOTTLED WATER 274 432 LIBRARIES 274 433 LIFE INSURANCE SOLD BY LIFE INSURANCE COMPANIES 275 434 LIGHT TRUCK AND UTILITY VEHICLE MANUFACTURING 275 435 LIME-FLAVORED SOFT DRINKS 276 436 LINEN AND UNIFORM SUPPLY 276 437 LINGERIE 277 438 LIP COSMETICS 277 439 LIQUEFIED PETROLEUM GAS 278 440 LIQUEURS 278 441 LIQUID OILS 279 442 LOCAL AND INTERURBAN PASSENGER TRANSIT 279 443 LOGGING 280 444 LOGISTICS FOR THE PHARMACEUTICAL INDUSTRY 280 445 LONG GRAIN RICE 281 446 LOOSE TEA 281 447 LOW-CARBOHYDRATE BEER 282 448 LOW-END AC DRIVES WITH 5 TO 40 KW 282 449 LOWER-FAT POTATO SNACKS 283 450 LOW-FAT SPREADS 283 451 LP VINYL RECORD ALBUMS 284 452 LUGGAGE MANUFACTURING 284 453 LUMBER AND WOOD PRODUCTS 285 454 LUXURY HOTELS 285 455 MACADAMIA NUTS 286 456 MACHINE SHOPS 286 457 MACHINING PRECISION TURNED PRODUCTS 287 458 MAGAZINES 287 459 MAINSTREAM TEA 288 460 MALT MANUFACTURING 288 461 MANAGEMENT CONSULTING SERVICES 289 462 MANIFOLD BUSINESS FORMS 289 463 MANMADE FABRIC MILLS 290 464 MANUFACTURED MOBILE HOME DEALERS 290 465 MANUFACTURING DOG AND CAT FOOD 291 466 MARGARINE 291 467 MARINATED TILAPIA 292 468 MARINE FREIGHT SERVICES 292 469 MARKETING RESEARCH AND PUBLIC OPINION POLLING 293 470 MARKING PENS 293 471 MARTIAL ARTS TELEVISION PROGRAMMING 294 472 MASS REPRODUCTION OF COMPUTER SOFTWARE 294 473 MATERIALS HANDLING MACHINERY 295 474 MATURE COMIC BOOKS 295 475 MAYONNAISE 296 476 MEAL REPLACEMENT DRINKS 296 477 MEASURING AND CONTROLLING INSTRUMENTS 297 478 MEAT MARKETS AND DELICATESSENS 297 479 MEDIA BUYING AGENCIES 298 480 MEDICAL EQUIPMENT AND SUPPLIES 298 481 MEDICATED SKIN CARE 299 482 MEDIUM AND HEAVY TRUCKS 299 483 MENS ACCESSORIES 300 484 MENSWEAR 300 485 MENTHOL CIGARETTES 301 486 METAL ORE MINING 301 487 MEXICAN COOKING SAUCES 302 488 MICRO AC DRIVES WITH MAXIMUM 4 KW 302 489 MIDDLEWEIGHT DUAL MOTORCYCLES 303 490 MID-RANGE AC DRIVES WITH 41 TO 200 KW 303 491 MILD DETERGENTS 304 492 MILITARY FACILITIES 304 493 MILK BEVERAGES 305 494 MILLER PILSNER BEER 305 495 MILLWORK 306 496 MINERAL WOOL MANUFACTURING 306 497 MINI SWISS ROLLS 307 498 MINK FUR COATS 307 499 MIXED SOUR PICKLES 308 500 MIXING INGREDIENTS TO MAKE FERTILIZER 308 501 MOBILE AND STREET FOOD VENDORS 309 502 MODEL WHEELED VEHICLES 309 503 MODEMS 310 504 MOIST CAT FOOD 310 505 MONOCHROMATIC TELEVISION SETS 311 506 MORNING BAKERY GOODS 311 507 MOTOR VEHICLE BODY MANUFACTURING 312 508 MOUNTAIN BIKES 312 509 MOUTHWASH 313 510 MOUTHWASHES AND BREATH FRESHENERS 313 511 MP3 CELLULAR TELEPHONES 314 512 MSC ECO-LABEL WILD ALASKAN SALMON 314 513 MULTIPACKS OF CHILDRENS ICE CREAM BARS 315 514 MULTISERVE FROMAGE FRAIS 315 515 MULTIVITAMINS 316 516 MUSHROOMS 316 517 MUSIC ALBUMS ON COMPACT DISCS (CDS) 317 518 NAIL POLISH AND HOME MANICURE PRODUCTS 317 519 NAND FLASH MEMORY CARDS 318 520 NARROW FABRIC MILLS 318 521 NATIONAL NEWSPAPERS 319 522 NATURAL CORK WINE BOTTLE STOPPERS 319 523 NET, LACE, AND VOILE CURTAINS 320 524 NETWORK HUBS 320 525 NEUROSTIMULATORS 321 526 NEW CAR DEALERS 321 527 NITROGENOUS FERTILIZER MANUFACTURING 322 528 NON-AIRPORT CAR RENTALS 322 529 NON-ALCOHOLIC BEER 323 530 NON-CHOCOLATE CONFECTIONERY MANUFACTURING 323 531 NON-CITRUS FRUIT 324 532 NON-CURRENT-CARRYING WIRING DEVICE MANUFACTURING 324 533 NON-DAILY NEWSPAPERS 325 534 NON-DEPOSITORY CREDIT INTERMEDIATION 325 535 NON-DURABLE GOODS 326 536 NON-EXTRUDED CRISPBREADS 326 537 NON-FARM HOUSING SERVICES 327 538 NON-FERROUS FORGING 327 539 NON-FOOD RETAIL SALES 328 540 NON-INSTANT LONG GRAIN RICE 328 541 NON-INTEREST COMMERCIAL BANKING 329 542 NON-METALLIC MINERAL MINING AND QUARRYING 329 543 NONMETALLIC MINERAL SERVICES 330 544 NON-PROFIT RELIEF AND HUMANITARIAN AID 330 545 NON-RESIDENTIAL CONSTRUCTION AND ENGINEERING 331 546 NON-STORE RETAILERS AND MAIL ORDER 331 547 NON-WOOD OFFICE FURNITURE MANUFACTURING 332 548 NONWOVEN FABRIC MILLS 332 549 NUCLEAR ELECTRIC POWER GENERATION 333 550 NURSERY, GARDEN CENTER, AND FARM SUPPLY STORES 333 551 NURSING HOMES 334 552 NUTRITIONAL SUPPLEMENTS 334 553 OFFICE SUPPLIES AND STATIONERY STORES 335 554 OIL 335 555 OIL, GAS, AND MINING EXPLORATION SERVICES 336 556 OIL-, SOLID FUEL-, AND ELECTRIC-POWERED BOILERS 336 557 OIL-FILLED ELECTRIC SPACE HEATERS 337 558 OILS AND FATS 337 559 OLIVE AND SPECIALTY LIQUID OILS 338 560 ONE-CUP TEA BAGS 338 561 ONIONS AND SHALLOTS 339 562 ONLINE ANALYTICAL PROCESSING (OLAP) 339 563 OPAQUE HOSIERY 340 564 OPERATIONS MANAGEMENT SERVICES 340 565 OPHTHALMIC GOODS MANUFACTURING 341 566 OPTICAL INSTRUMENT AND LENS MANUFACTURING 341 567 ORAL CARE STRIPS 342 568 ORANGE JUICE 342 569 ORGANIC DAIRY FOODS AND DRINKS 343 570 ORTHOPEDIC HIP IMPLANTS 343 571 ORTHOTIC INSOLES 344 572 OSTRICH MEAT 344 573 OTC HEALTHCARE PRODUCTS 345 574 OUTDOOR POWER EQUIPMENT STORES 345 575 OUTERWEAR CLOTHING AND ACCESSORIES 346 576 OUTSET LFE NATURAL GAS SPACE HEATERS 346 577 OUTSOURCING SERVICES 347 578 OVENS AND STOVES 347 579 OVERNIGHT MAXI PADS 348 580 OVER-THE-COUNTER DRUGS 348 581 PACKAGED CELEBRATION CAKES 349 582 PACKAGING AND LABELING SERVICES 349 583 PAGERS 350 584 PAID INTERNET SEARCH ADVERTISING 350 585 PAINT AND WALLPAPER STORES 351 586 PANCAKES AND GRIDDLE SCONES 351 587 PANTYLINERS 352 588 PAPER AND ALLIED PRODUCTS 352 589 PARKING LOTS, GARAGES, AND VALET PARKING SERVICES 353 590 PARMALAT FINANZIARIA COOKIES 353 591 PASSENGER CAR RENTAL AND LEASING 354 592 PASSIVE COMPONENTS 354 593 PASTA AND NOODLES 355 594 PC VIDEO GAME SOFTWARE 355 595 PEANUTS 356 596 PEARS 356 597 PEER-TO-PEER VOIP SOFTWARE 357 598 PENCILS AND CRAYONS 357 599 PERIODICALS 358 600 PERISHABLE PREPARED FOODS MANUFACTURING 358 601 PERMANENT EMPLOYMENT SERVICES 359 602 PERSONAL HEALTH CARE 359 603 PET AND PET SUPPLIES STORES 360 604 PHARMACIES AND DRUG STORES 360 605 PHONETIC FLASH CARDS 361 606 PHOSPHATE ROCK MINING 361 607 PHOSPHATIC FERTILIZER MANUFACTURING 362 608 PHOTO PRINTERS 362 609 PHYSICIANS SERVICES 363 610 PICCALILLI RELISH 363 611 PICKLE AND CHUTNEY CONDIMENTS 364 612 PISTACHIOS 364 613 PIZZAS 365 614 PLAIN NOODLES 365 615 PLANT BREAD 366 616 PLASMA DISPLAY PANELS 366 617 PLASTIC HOUSEWARES 367 618 PLUMBED-IN WATER FILTERS 367 619 PLUMBING PRODUCTS 368 620 PLUSH TOYS 368 621 POLISHING SUPPLIES 369 622 POLLOCK 369 623 POLLUTION CONTROL EQUIPMENT AND SERVICES 370 624 POLYCARBONATE SPORTS BOTTLES 370 625 POLYMERASE CHAIN REACTION (PCR) MACHINES 371 626 POPCORN 371 627 PORE CLEANSING STRIPS 372 628 PORK PIES 372 629 PORT AND SHIPBUILDING EQUIPMENT 373 630 POTASH, SODA, AND BORATIC MINERALS MINING 373 631 POTATO CHIPS 374 632 POTTED POINSETTIA PLANTS 374 633 POULTRY PROCESSING 375 634 POWDER DETERGENTS 375 635 POWER TOOTHBRUSHES 376 636 PRAWN APPETIZERS AND DIPS 376 637 PRECIOUS METAL JEWELRY AND PERSONAL ARTICLES 377 638 PREFABRICATED METAL BUILDINGS 377 639 PREMIUM AND SUPER PREMIUM ICE CREAM 378 640 PREMIXED ALCOHOLIC BEVERAGES 378 641 PREPARED AND PROCESSED CHICKEN AND TURKEY POULTRY 379 642 PRE-RECORDED CASSETTES 379 643 PRERECORDED TAPE, COMPACT DISC, AND RECORD STORES 380 644 PRESCRIPTION EYEGLASS FRAMES 380 645 PRESENTATION MATERIALS 381 646 PRIMARY ALUMINUM PRODUCTION 381 647 PRINTED CIRCUIT BOARDS 382 648 PRINTERS 382 649 PRINTING SPECIAL BUSINESS FORMS AND CHECKBOOKS 383 650 PRIVATE RESIDENTIAL CONSTRUCTION 383 651 PROCESSED FISH AND CRAB 384 652 PROFESSIONAL ANALOG COMPASSES 384 653 PROGRAMMABLE LOGIC DEVICES 385 654 PROPELLING PENCILS 385 655 PROPERTY AND CASUALTY INSURANCE 386 656 PROTEOMIC PROTEIN CHIPS 386 657 PUBLIC RELATIONS AGENCIES 387 658 PUBLISHING ADVERTISING 387 659 PUBS, CLUBS, AND NIGHTCLUBS 388 660 PUFFS 388 661 PULMONARY DRUG DELIVERY SYSTEMS 389 662 PULP MILLS 389 663 PUMP DEODORANTS 390 664 PURSES 390 665 RADIANT NATURAL GAS SPACE HEATERS 391 666 RADIATORS AND PUMPS 391 667 RADIO AND TELEVISION BROADCASTING 392 668 RAILROAD EQUIPMENT 392 669 RANGE HOODS 393 670 READY MEALS 393 671 REAL ESTATE INVESTMENT TRUSTS 394 672 RECONSTITUTED WOOD PRODUCTS 394 673 RECORDED MUSIC 395 674 RECREATIONAL VEHICLE DEALERS 395 675 RED AND ROSÉ WINE 396 676 REFERENCE SOFTWARE 396 677 REFINING CANE SUGAR FROM RAW CANE SUGAR 397 678 REFLECTOR LIGHT BULBS 397 679 REFRIGERATION AND HEATING EQUIPMENT 398 680 REGIONAL NEWSPAPERS 398 681 RELAYS AND INDUSTRIAL CONTROLS 399 682 RELISH 399 683 REMEDIATION SERVICES 400 684 RENDERING ANIMAL FAT, BONES, AND MEAT SCRAPS 400 685 RENEWABLE ENERGY EQUIPMENT 401 686 RENTAL OF TRUCKS WEIGHING 3.51 TO 15 TONS 401 687 REPLACEMENT TIRES FOR CARS AND LIGHT VANS 402 688 RESIDENTIAL CONSTRUCTION 402 689 RESIDUAL FUEL OIL 403 690 RESTAURANTS 403 691 RETAIL BAKERIES 404 692 RETIREMENT SAVINGS PLANS 404 693 RETREADING OR REBUILDING TIRES 405 694 REUPHOLSTERY AND FURNITURE REPAIR 405 695 REUSABLE PLASTICS FOOD CONTAINERS 406 696 REWRITABLE COMPACT DISC MEDIA (CD-RWS) 406 697 RFID TAGS 407 698 RICE MILLING 407 699 RIDE-ON TOYS 408 700 RINGTONES 408 701 ROAD BIKES 409 702 ROLLERBALL PENS 409 703 ROLL-ON DEODORANTS 410 704 ROOMING AND BOARDING HOUSES 410 705 ROOT VEGETABLES 411 706 ROPE, CORDAGE, AND TWINE MILLS 411 707 ROYAL JELLY SUPPLEMENTS 412 708 RUBBER BRACELETS 412 709 SALAD ACCOMPANIMENTS 413 710 SALINE BREAST IMPLANTS 413 711 SALON HAIR CARE PRODUCTS 414 712 SALT AND VINEGAR POTATO CHIPS 414 713 SANDWICH CRACKERS 415 714 SANITARY PROTECTION PRODUCTS 415 715 SATELLITES 416 716 SAUCES, SALAD DRESSINGS, AND CONDIMENTS 416 717 SAUSAGE ROLL APPETIZERS 417 718 SAVORY SNACKS 417 719 SAW/BAW DUPLEXERS 418 720 SAWMILLS 418 721 SCANNERS 419 722 SCENTED CANDLES 419 723 SCHIFFLI MACHINE EMBROIDERY 420 724 SCHOOL FOOD SERVICE 420 725 SCONES 421 726 SCRAP RECYCLING 421 727 SCREW MACHINE PRODUCTS 422 728 SEAFOOD CANNING 422 729 SEASONAL COOKIES 423 730 SECONDARY SMELTING AND ALLOYING OF ALUMINUM 423 731 SECURITY SYSTEMS SERVICES 424 732 SELF-TANNING PRODUCTS 424 733 SEMICONDUCTOR AND RELATED DEVICE MANUFACTURING 425 734 SEMI-MOIST DOG FOOD 425 735 SEMI-PERMANENT HAIR COLORANTS 426 736 SENSORS 426 737 SERVICES 427 738 SET FRENCH YOGURTS 427 739 SEWAGE TREATMENT FACILITIES 428 740 SEWER FACILITIES 428 741 SEWING, NEEDLEWORK, AND PIECE GOODS STORES 429 742 SEX TOYS 429 743 SHAMPOO 430 744 SHAVING RAZORS AND BLADES 430 745 SHEER WINDOW FURNISHINGS 431 746 SHELLFISH 431 747 SHIP BUILDING AND REPAIRING 432 748 SHOE POLISH 432 749 SILICONE CONTACT LENSES 433 750 SILVER ORE MINING 433 751 SINGLE-SERVING DRY AMBIENT SNACKS 434 752 SKIN CARE PRODUCTS 434 753 SKOL LAGER BEER 435 754 SLAUGHTERING ANIMALS EXCLUDING POULTRY 435 755 SLEEPING BAGS 436 756 SLICED COOKED MEAT 436 757 SLOW-RELEASE HOUSEHOLD FRESHENERS 437 758 SMALL FIREARMS MANUFACTURING 437 759 SMART CARS 438 760 SMIRNOFF ICE READY-TO-DRINK ALCOHOLIC BEVERAGES 438 761 SMOKED SALMON 439 762 SMOKERS TOOTHPASTE 439 763 SMOOTHIES 440 764 SNACK FRUIT PIES 440 765 SNOWBOARDING BOOTS FOR STEP-IN BINDINGS 441 766 SNOWMOBILES 441 767 SOCCER BALLS 442 768 SOCKS, STOCKINGS, AND TIGHTS 442 769 SOFT CHEESE 443 770 SOLAR VESTS 443 771 SOLID AND SEMI-SOLID COOKING FATS 444 772 SOUP 444 773 SOUR BEETROOT PICKLES 445 774 SOY MILK 445 775 SPACE HEATERS 446 776 SPARKLING MINERAL WATER 446 777 SPECIAL OCCASION WRITING INSTRUMENTS 447 778 SPICE AND EXTRACT MANUFACTURING 447 779 SPORTING GOODS RETAILERS 448 780 SPORTS AND ENERGY DRINKS 448 781 SPREADABLE OILS AND FATS 449 782 SPREADS AND MARGARINES 449 783 SQUASH BALLS 450 784 SRAM (STATIC RANDOM ACCESS MEMORY) 450 785 STACKING POTATO CHIPS 451 786 STANDARD AND BULK ICE CREAM 451 787 STAPLERS 452 788 STATIONARY BICYCLES 452 789 STEAM AND AIR CONDITIONING SUPPLY 453 790 STEEL WIRE DRAWING 453 791 STELLA ARTOIS LAGER BEER 454 792 STICK AND SOLID DEODORANTS 454 793 STILL BOTTLED WATER 455 794 STONE MINING AND QUARRYING 455 795 STORAGE BATTERY MANUFACTURING 456 796 SUGAR CANDY 456 797 SUN CARE PRODUCTS 457 798 SUPER PREMIUM TAKE-HOME ICE CREAM 457 799 SUPPORT ACTIVITIES FOR AIR TRANSPORTATION 458 800 SURFACE ACTIVE AGENT MANUFACTURING 458 801 SWEET PICKLES 459 802 SWITCHGEAR AND SWITCHBOARD APPARATUS 459 803 SYNTHETIC AND SEMI-SYNTHETIC OIL 460 804 TABLE LAMPS 460 805 TAKE-HOME COMPLETE ICE CREAM DESSERTS 461 806 TALCUM POWDER 461 807 TAMPONS WITHOUT APPLICATOR 462 808 TANNING BEDS 462 809 TAPIOCA TEA DRINKS 463 810 TARTAR CONTROL TOOTHPASTE 463 811 TAXICABS 464 812 TEA LIGHTS 464 813 TEEN ENTERTAINMENT MAGAZINES 465 814 TELECOMMUNICATIONS EQUIPMENT 465 815 TELEPHONE AND TELEGRAPH FACILITIES 466 816 TELEVISION BROADCASTING 466 817 TEMPORARY EMPLOYMENT SERVICES 467 818 TENNENTS LAGER BEER 467 819 TEQUILA AND MESCAL SPIRITS 468 820 TESTING LABORATORIES 468 821 TEX-MEX FOODS 469 822 TEXTILE FABRICS 469 823 THAI FOODS 470 824 THIGH HIGHS HOSIERY 470 825 THREAD MILLS 471 826 TIRE CORD AND TIRE FABRIC MILLS 471 827 TISSUES 472 828 TITANIUM LACROSSE STICKS 472 829 TOBACCO STEMMING AND REDRYING 473 830 TOILET BLEACHING TABLETS 473 831 TONE-ON-TONE HAIR COLORANTS 474 832 TOOTHBRUSHES 474 833 TOOTHPASTE FOR SENSITIVE TEETH 475 834 TORTILLA MANUFACTURING 475 835 TOY STORES 476 836 TRADITIONAL CHUTNEY 476 837 TRAIL MIX 477 838 TRANSFORMERS 477 839 TRANSLATION AND INTERPRETATION SERVICES 478 840 TRANSPORTATION EQUIPMENT 478 841 TRAVEL TRAILER AND CAMPER MANUFACTURING 479 842 TREATS FOR DOGS 479 843 TRUCK TRAILER MANUFACTURING 480 844 TURKEY PIECES 480 845 ULTRA DISPOSABLE DIAPERS 481 846 UNDERWATER DIGITAL CAMERAS 481 847 UNDERWEAR, NIGHTWEAR, AND SWIMWEAR 482 848 UNDERWIRE BRAS 482 849 UNISEX FRAGRANCES 483 850 UNLEADED GASOLINE 483 851 UNSCENTED CANDLES 484 852 UPHOLSTERED HOUSEHOLD FURNITURE MANUFACTURING 484 853 URANIUM-RADIUM-VANADIUM ORES 485 854 USED CAR DEALERS 485 855 UTILITIES 486 856 VACUUM CLEANERS 486 857 VALVES AND PIPE FITTINGS 487 858 VEGETABLE AND SEED OILS 487 859 VEGETARIAN FOODS 488 860 VENETIAN BLINDS 488 861 VENTURE CAPITAL 489 862 VERTICAL BLINDS 489 863 VIDEO TAPE AND DISC RENTALS 490 864 VIENNA AND FRENCH BREAD 490 865 VITAMIN TONICS 491 866 VODKA 491 867 VOICE-RECOGNITION DICTATION SOFTWARE 492 868 VOIP TELEPHONE SERVICE 492 869 VOL-AU-VENT APPETIZERS 493 870 WAFFLES 493 871 WALLETS AND PURSES 494 872 WALL-MOUNTED LIGHT FIXTURES 494 873 WASHER-DRYERS 495 874 WASHING MACHINES 495 875 WATCHES 496 876 WATER SUPPLY AND IRRIGATION SYSTEMS 496 877 WCDMA/UMTS-BASED CELLULAR TELEPHONES 497 878 WEB SERVERS 497 879 WEDDING DRESSES 498 880 WEFT KNIT FABRIC MILLS 498 881 WEIGHT GAINER AND MUSCLE BUILDER SUPPLEMENTS 499 882 WELDING AND SOLDERING EQUIPMENT MANUFACTURING 499 883 WET MILLING OF CORN 500 884 WHISKEY 500 885 WHITE BREAD 501 886 WHOLE CHICKEN POULTRY 501 887 WI-FI CELLULAR TELEPHONES 502 888 WINDOW BLINDS 502 889 WINE 503 890 WINERIES 503 891 WINTER SPORTING GOODS 504 892 WIPES 504 893 WIRELESS COMMUNICATION SERVICES 505 894 WIRING DEVICES 505 895 WOMENS APPAREL AND ACCESSORIES 506 896 WOMENSWEAR AND LINGERIE 506 897 WOOD PRESERVATION 507 898 WOOL YARN 507 899 WORKERS COMPENSATION INSURANCE 508 900 WRITING INSTRUMENT REFILLS 508 901 YARN SPINNING MILLS 509 902 YELLOW FATS 509 903 YOGA MATS 510 904 YOGURT WITH LIVE CULTURES 510 905 DEFINITION OF TERMS 511 906 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 596 906.1 Disclaimers & Safe Harbor 596 906.2 ICON Group International, Inc. User Agreement Provisions 597

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