The 2006 Liberia Economic and Product Market Databook

Market Potential Estimation Methodology
Overview
This study covers the outlook products in Liberia. For the year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the Liberia (in millions of U.S. dollars). Comparative benchmarks allow the reader to quickly gauge Liberia vis-à-vis regional and global totals. Using econometric models which project fundamental economic dynamics within each country and across countries, 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 gives, however, my estimates for the latent demand for products and services in Liberia. For each category, we also show my estimates of how the P.I.E. grows over time (positive or negative growth). 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).

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 earlier, 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 an international 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 Liberia, we used a multi-stage approach. Before applying the approach, one needs a basic theory from which such estimates are created. In this case, we 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. we 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. So, latent demand in the long-run has a zero intercept. However, we 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, we will now describe the methodology used to create the latent demand estimates for Liberia. Since this methodology has been applied to a large number of categories and countries, the rather academic discussion below is general and can be applied to a wide variety of categories and countries, not just Liberia.

Step 1. Product Definition and Data Collection
Any study of latent demand across countries and within Liberia requires that some standard be established to define “efficiently served”. Having implemented various alternatives and matched these with market outcomes, we 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 are given greater weight than others in the estimation of latent demand compared to other countries for which no known data are available. Of the many alternatives, we 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 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 countries 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 for Liberia 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 a category falls under the broadest definition of the 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 categories 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, 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 on a sporadic basis. In other cases, data from a country 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 for that country.

Step 4. Varying Parameter, Non-linear Estimation
Given the data available from the first three steps, the latent demand in additional countries 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 across countries 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 countries). This assumption applies across countries along the aggregate consumption function, but also over time (i.e., not all countries are perceived to have the same income growth prospects over time and this effect can vary from country to country as well). Another way of looking at this is to say that latent demand is more likely to be similar across countries that have similar characteristics in terms of economic development (i.e., African countries will have similar latent demand structures controlling for the income variation across the pool of African countries).

This approach is useful across countries for which some notion of non-linearity exists in the aggregate cross-country consumption function. For some categories, however, the reader must realize that the numbers will reflect the contribution of Liberia to global latent demand and may never be realized in the form of local sales. For certain country-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. Because the world consists of more than 200 countries, there will always be those countries, especially toward the bottom of the consumption function, where non-linear estimation is simply not possible. For these countries, equilibrium latent demand is assumed to be perfectly parametric and not a function of wealth (i.e., a country’s stock of income), but a function of current income (a country’s flow of income). In the long run, if a country 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., countries which earn low levels of income will not use their savings, in the long run, to demand). In a graphical sense, for low income countries, latent demand approaches zero in a parametric linear fashion with a zero-zero intercept. In this stage of the estimation procedure, low-income countries are assumed to have a latent demand proportional to their income, based on the country 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 of the world, for Liberia and 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 figures are presented. Figures are rounded, so minor inconsistencies may exist across tables.

1 INTRODUCTION & METHODOLOGY 31 1.1 Overview & Methodology 31 1.2 Market Potential Estimation Methodology 31 1.2.1 Overview 31 1.2.2 What is Latent Demand and the P.I.E.? 31 1.2.3 The Methodology 32 1.2.3.1 Step 1. Product Definition and Data Collection 34 1.2.3.2 Step 2. Filtering and Smoothing 34 1.2.3.3 Step 3. Filling in Missing Values 35 1.2.3.4 Step 4. Varying Parameter, Non-linear Estimation 35 1.2.3.5 Step 5. Fixed-Parameter Linear Estimation 35 1.2.3.6 Step 6. Aggregation and Benchmarking 36 2 SUMMARY RANKINGS 37 3 1 MW SOLAR PHOTOVOLTAIC GOVERNMENT PROJECTS 62 4 2 TO 5 MEGAWATT ENGINES 62 5 32 MW GRID-CONNECTED PV SOLAR PHOTOVOLTAIC SYSTEMS 63 6 5 MW UTILITY-OWNED LARGE SOLAR PHOTOVOLTAIC SYSTEMS 63 7 60-MILLIGRAM CONTAINERS OF FROMAGE FRAIS 64 8 9 MW OFF-GRID SOLAR PHOTOVOLTAIC CONSUMER PRODUCTS 64 9 AC DRIVES 65 10 ADHESIVES AND SEALANTS 65 11 ADULT INCONTINENCE PRODUCTS 66 12 ADVERTISING SERVICES 66 13 AEROSPACE AND DEFENSE EQUIPMENT 67 14 AFTERMARKET PASSENGER CAR TIRES 67 15 AFTER-SUN MOISTURIZERS AND TAN-EXTENDER CREAMS 68 16 AGENCIES, BROKERAGES, AND OTHER INSURANCE-RELATED ACTIVITIES 68 17 AGRICULTURAL PRODUCTS 69 18 AIR FREIGHT SERVICES 69 19 ALBUMS AND EPS 70 20 ALCOHOLIC BEVERAGES 70 21 ALES AND STOUTS 71 22 ALIMENTARY AND METABOLISM PHARMACEUTICALS 71 23 ALUMINA REFINING 72 24 ALUMINUM DIE-CASTING FOUNDRIES 72 25 AMBIENT CANNED SPONGE PUDDING 73 26 AMMONIA-FREE SEMI-PERMANENT HAIR DYES 73 27 AMUSEMENT AND RECREATION SERVICES 74 28 ANALGESICS 74 29 ANALOG COLOR TELEVISIONS 75 30 ANTHRACITE MINING 75 31 ANTIDEPRESSANT PHARMACEUTICALS 76 32 ANTIFREEZE 76 33 ANTIPERSPIRANTS AND DEODORANTS 77 34 ANTI-REFLECTIVE GLASS 77 35 ANTISEPTIC FIRST AID CREAMS, SPRAYS, AND WIPES 78 36 APPAREL AND ACCESSORIES 78 37 APPETIZERS AND DIPS 79 38 APPLES 79 39 APPLICATIONS SOFTWARE 80 40 APPLICATION-SPECIFIC INTEGRATED CIRCUITS (ASICS) 80 41 APPLICATOR TAMPONS 81 42 ARCHITECTURAL SERVICES 81 43 ARCHITECTURE, CONSTRUCTION, AND ENGINEERING SERVICES 82 44 ART AND CRAFT SUPPLIES 82 45 ASIAN GREEN TEA 83 46 ATHLETIC FOOTWEAR 83 47 AUDIO COMPONENTS 84 48 AUTO AND HOME SUPPLY STORES 84 49 AVIATION SERVICES 85 50 BABY FORMULA 85 51 BACARDI BREEZER BRAND READY-TO-DRINK ALCOHOLIC BEVERAGES 86 52 BACON-FLAVORED POTATO CHIPS 86 53 BAGELS 87 54 BAGGED CHOCOLATE CANDY 87 55 BAKED GOODS 88 56 BAKERIES 88 57 BAKERY PRODUCTS 89 58 BAKING SODA TOOTHPASTE 89 59 BALLPOINT PENS 90 60 BANANAS 90 61 BAPS ROLLS 91 62 BAR SOAP 91 63 BASE CHEMICALS 92 64 BASMATI LONG GRAIN RICE 92 65 BATH ENHANCERS 93 66 BATTERY EGGS 93 67 BEAUTY AND BARBER SHOPS 94 68 BEEF-FLAVORED POTATO CHIPS 94 69 BEER 95 70 BEER, ALCOHOLIC CIDER, AND FLAVORED ALCOHOLIC BEVERAGES 95 71 BELUGA CAVIAR 96 72 BEVERAGE MAKERS 96 73 BICYCLES AND BICYCLE ACCESSORIES 97 74 BIOTECHNOLOGY 97 75 BITUMINOUS COAL 98 76 BLACK TEA IN BAGS 98 77 BLANCMANGE AND PUDDING MIX 99 78 BLANK AUDIO CASSETTES 99 79 BLENDED WHISKEY 100 80 BOARD GAMES AND PUZZLES 100 81 BOAT BUILDING 101 82 BODY SPRAY DEODORANTS 101 83 BOILERS 102 84 BOOK PUBLISHING 102 85 BOTTLED WATER 103 86 BOTTLES OF LAGER BEER 103 87 BOUILLON CUBES 104 88 BOUTIQUE HOTELS 104 89 BOWLING ALLEYS AND BILLIARD AND POOL ESTABLISHMENTS 105 90 BOXED FACIAL TISSUES 105 91 BOYS SCHOOL UNIFORMS 106 92 BRAS AND ALLIED GARMENTS 106 93 BREAD 107 94 BREAKFAST CEREALS 107 95 BREATH FRESHENING SPRAYS 108 96 BREWERIES 108 97 BRIEFCASES 109 98 BROADBAND INTERNET ACCESS 109 99 BROADWOVEN FABRIC FINISHING MILLS 110 100 BROOM, BRUSH, AND MOP MANUFACTURING 110 101 BROWN AND WHOLEMEAL BREAD 111 102 BUBBLE GUM 111 103 BUDWEISER LAGER BEER 112 104 BUILDING MATERIALS AND GARDEN SUPPLIES 112 105 BUILT-IN ELECTRIC OVENS 113 106 BULK DISPOSABLE DIAPERS 113 107 BUSES AND COACHES 114 108 BUSINESS AND SCHOOL SUPPLIES 114 109 BUTCHER SHOPS 115 110 BUTTER 115 111 CABLE TV 116 112 CAD/CAM/CAE SOFTWARE 116 113 CAFES AND RESTAURANTS 117 114 CAJUN AND CARIBBEAN FOOD 117 115 CAKES AND PASTRIES 118 116 CALCIUM SUPPLEMENTS 118 117 CAMCORDERS 119 118 CAMERA AND PHOTOGRAPHIC SUPPLIES STORES 119 119 CAMPGROUNDS AND RECREATIONAL VEHICLE PARKS 120 120 CANAPÉ APPETIZERS 120 121 CANDLES 121 122 CANDY 121 123 CANNED BEANS 122 124 CANS OF LAGER BEER 122 125 CAR AFTERMARKET PRODUCTS 123 126 CASHEWS 123 127 CASINOS AND GAMBLING 124 128 CAST IRON COOKWARE 124 129 CASUAL HANDBAGS 125 130 CAT FOOD 125 131 CD PLAYERS 126 132 CEILING LIGHT FIXTURES 126 133 CELLULAR TELEPHONES 127 134 CEMENT CONSTRUCTION MATERIALS 127 135 CEMETERIES AND CREMATORIES 128 136 CERAMIC HOUSEWARES 128 137 CHALKBOARDS 129 138 CHEESE SNACK CRACKERS 129 139 CHEMICALS 130 140 CHERRY-FLAVORED BOTTLED WATER 130 141 CHEWING AND BUBBLE GUM 131 142 CHICKEN PATTIES 131 143 CHILDRENS CHICKEN NUGGET READY MEALS 132 144 CHILLED AND DELI FOOD 132 145 CHINA AND PORCELAIN 133 146 CHINESE COOKING SAUCES 133 147 CHIPS AND CRISPS 134 148 CHLORINE BLEACH CLEANING PRODUCTS 134 149 CHOCOLATE CANDY 135 150 CHUTNEY 135 151 CIGARETTE MANUFACTURING 136 152 CIGARS AND CIGARILLOS 136 153 CITRUS FRUIT 137 154 CIVIL AEROSPACE EQUIPMENT 137 155 CLASSIC HANDBAGS 138 156 CLAY BUILDING PRODUCTS 138 157 CLIMBING ROPES 139 158 CLOTHES PRESSING IRONS 139 159 CLOTHING ACCESSORIES 140 160 CMOS IMAGE SENSORS 140 161 COATED AND FLAVORED NUTS 141 162 COD LIVER OIL DIETARY SUPPLEMENTS 141 163 COFFEE BEANS AND GROUND COFFEE 142 164 COIN-OPERATED LAUNDRIES AND DRY CLEANERS 142 165 COLAS 143 166 COLLECTION AGENCIES 143 167 COLLEGES, UNIVERSITIES, PROFESSIONAL SCHOOLS, AND JUNIOR COLLEGES 144 168 COLOR TELEVISIONS 144 169 COMBINATION REFRIGERATOR-FREEZERS 145 170 COMMERCIAL BANKING 145 171 COMMUNICATIONS SERVICES 146 172 COMPACT DISCS (CDS) 146 173 COMPLETE DRY DOG FOOD 147 174 COMPOUND COOKING OILS AND FATS 147 175 COMPUTER HARDWARE 148 176 CONCENTRATED LIQUID FABRIC SOFTENERS 148 177 CONCRETE BUILDING PRODUCTS 149 178 CONFECTIONERY MANUFACTURING FROM PURCHASED CHOCOLATE 149 179 CONSERVATION AND DEVELOPMENT OF NATURAL RESOURCES AND WILDLIFE 150 180 CONSOLE VIDEO GAMES 150 181 CONSTRUCTION AND ENGINEERING SERVICES 151 182 CONSUMER CHEMICALS 151 183 CONTACT LENSES 152 184 CONTINENTAL AND SPECIALTY PLANT BREAD 152 185 CONTINUOUS AIR FRESHENERS 153 186 CONTROL AND SUPPORT HOSIERY 153 187 CONVENIENCE STORES 154 188 CONVENTIONAL MINERAL OIL 154 189 CONVERTING PAPERBOARD INTO CONTAINERS WITHOUT MANUFACTURING PAPERBOARD 155 190 COOKED CHICKEN PIECES 155 191 COOKIES AND CRACKERS 156 192 COOKING RANGES 156 193 COOLING FANS 157 194 COPPER ORES 157 195 CORDLESS COMPUTER MICE 158 196 CORPORATE STRATEGY SERVICES 158 197 COSMETICS AND TOILETRIES 159 198 COSTUME JEWELRY 159 199 COTTON YARN 160 200 COUGH AND COLD REMEDIES 160 201 CRACKERS 161 202 CRAFT BREAD 161 203 CRAMI 162 204 CREAM CRACKERS 162 205 CREDIT BUREAUS 163 206 CRISPBREADS 163 207 CROISSANTS 164 208 CROSS/UTILITY VEHICLES (CUVS) 164 209 CRUDE PETROLEUM AND NATURAL GAS EXTRACTION 165 210 CRUDITÉS AND DIPS 165 211 CRUISE SHIP TOURISM 166 212 CRUMPETS AND PIKELETS 166 213 CRUSHED AND BROKEN STONE 167 214 CRUSHING OILSEEDS AND TREE NUTS EXCLUDING SOYBEANS 167 215 CRUSTY ROLLS 168 216 CUPCAKES 168 217 CURRENT-CARRYING WIRING DEVICE MANUFACTURING 169 218 CURTAIN AND DRAPERY MILLS 169 219 CUSTOM DRAPERIES 170 220 CUT ORCHIDS 170 221 DAILY NEWSPAPERS 171 222 DAIRY CREAM 171 223 DARK BRANDY 172 224 DATA PROCESSING AND NETWORK SERVICES 172 225 DECAFFEINATED TEA 173 226 DECORATIVE NATURAL GAS SPACE HEATERS 173 227 DEFENSE INDUSTRY EQUIPMENT 174 228 DEHUMIDIFIERS AND HUMIDIFIERS 174 229 DEHYDRATED SOUP 175 230 DELI FOOD 175 231 DELUXE AND MALT WHISKEY 176 232 DENTAL FLOSS 176 233 DENTURE FIXATIVES AND CLEANSERS 177 234 DEPARTMENT STORES 177 235 DEPOSITORY CREDIT INTERMEDIATION 178 236 DESIGNER BATH AND SHOWER PRODUCTS 178 237 DESKTOP PERSONAL COMPUTERS 179 238 DETERGENT BARS 179 239 DIABETES MONITORING DEVICES 180 240 DIAL-UP INTERNET ACCESS 180 241 DIESEL TRUCKS 181 242 DIETARY SUPPLEMENTS 181 243 DIGESTION AIDS 182 244 DIGITAL CAMERAS 182 245 DIMENSION STONE 183 246 DINING OUT 183 247 DIPS 184 248 DIRECT SELLING ESTABLISHMENTS 184 249 DISCOUNT SUPERSTORES 185 250 DISCRETE SEMICONDUCTORS 185 251 DISHWASHER RINSING AGENTS 186 252 DISHWASHING PRODUCTS 186 253 DISPOSABLE HEALTH CARE EQUIPMENT AND SUPPLIES 187 254 DISTILLATE FUEL OIL 187 255 DISTILLERIES 188 256 DOG FOOD 188 257 DOLLS AND FIGURES 189 258 DOMESTIC WATER UTILITIES 189 259 DRAFTING SERVICES 190 260 DRAM (DYNAMIC RANDOM ACCESS MEMORY) 190 261 DRAUGHT LAGER BEER 191 262 DRIED FOOD 191 263 DRINK CONCENTRATES 192 264 DRUG DELIVERY SYSTEMS 192 265 DRY SAUCES 193 266 DUCK AND GOOSE MEAT 193 267 DUFFLE BAGS 194 268 DURABLE GOODS 194 269 DVD PLAYERS 195 270 EASELS 195 271 EATING AND DRINKING PLACES 196 272 ECONOMY DISPOSABLE DIAPERS 196 273 EDIBLE OILS 197 274 EDUCATION AND TRAINING SERVICES 197 275 ELECTRIC BLANKETS 198 276 ELECTRON TUBES 198 277 ELECTROSTATIC BROOMS 199 278 ELEMENTARY AND SECONDARY SCHOOLS 199 279 EMERGENCY ROADSIDE ASSISTANCE SERVICES FOR VEHICLES 200 280 ENERGY DRINKS 200 281 ENGINEERING SERVICES 201 282 ENGINES WITH LESS THAN 1 MEGAWATT OF POWER 201 283 ENGLISH MUFFINS 202 284 ENVELOPE MANUFACTURING 202 285 ENVIRONMENTAL CONSULTING SERVICES 203 286 ERMINE FUR COATS 203 287 ETHNIC HAIR CARE PRODUCTS 204 288 EVENING PRIMROSE OIL AND STARFLOWER OIL DIETARY SUPPLEMENTS 204 289 EVERYDAY COOKIES 205 290 EXERCISE EQUIPMENT AND PERSONAL CARE APPLIANCES 205 291 EXPLOSIVES MANUFACTURING 206 292 EXTENDED STAY AND BUSINESS SUITE MOTELS 206 293 EXTERMINATING AND PEST CONTROL SERVICES 207 294 EXTERNAL SANITARY PROTECTION PRODUCTS 207 295 EXTRUDED CRISPBREADS 208 296 EYE CARE TREATMENT 208 297 FABRIC SOFTENERS 209 298 FACIAL COSMETICS 209 299 FAMILY CLOTHING STORES 210 300 FARM MACHINERY AND EQUIPMENT 210 301 FASHION DOLLS 211 302 FAST FOOD 211 303 FAX MACHINES 212 304 FELT-TIPPED AND FIBER-TIPPED PENS 212 305 FEMININE SANITARY PROTECTION 213 306 FERMENTED SAUCES 213 307 FIBER-OPTIC CABLE MANUFACTURING 214 308 FILLED FRESH PASTA 214 309 FILM CAMERAS 215 310 FINANCIAL SERVICES 215 311 FINE FABRIC DETERGENTS 216 312 FINGER ROLLS 216 313 FIRST AID BANDAGES AND DRESSINGS 217 314 FISH MARKETS 217 315 FIXED-LINE TELECOMMUNICATIONS SERVICES 218 316 FLAME-EFFECT ELECTRIC SPACE HEATERS 218 317 FLASH MEMORY 219 318 FLAT GLASS 219 319 FLAVORED SPARKLING WATER 220 320 FLOOR COVERINGS 220 321 FLOUR MILLING 221 322 FOLDING PAPERBOARD BOXES 221 323 FOOD ADVERTISING 222 324 FOOT SPAS 222 325 FORESTRY AND FISHING 223 326 FORTIFIED WINES 223 327 FOSSIL FUEL-POWERED ELECTRIC POWER GENERATION 224 328 FOSTERS LAGER BEER 224 329 FOUNTAIN PENS 225 330 FRAGRANCES 225 331 FRANCHISING 226 332 FREE-RANGE EGGS 226 333 FREESTANDING ELECTRIC RANGES 227 334 FREEZE-DRIED INSTANT COFFEE 227 335 FRESH BEEF AND VEAL 228 336 FROMAGE FRAIS 228 337 FROZEN YOGURT 229 338 FRUIT DRINKS 229 339 FUEL DEALERS 230 340 FUNCTIONAL CANDLES 230 341 FUNERAL HOMES 231 342 FURNITURE POLISH 231 343 GAMBLING 232 344 GAMING COMPUTER SYSTEMS 232 345 GARDENING SUPPLIES, OUTDOOR FURNITURE, AND PLANTS 233 346 GARLIC BREAD 233 347 GAS UTILITY FACILITIES 234 348 GEL DEODORANTS 234 349 GENERAL MERCHANDISE STORES 235 350 GENERIC PRESCRIPTION DRUGS 235 351 GENETICALLY MODIFIED COTTONSEED 236 352 GEOGRAPHIC INFORMATION SYSTEMS (GIS) MAPPING 236 353 GEOPHYSICAL SURVEYING AND MAPPING SERVICES 237 354 GHERKIN SOUR PICKLES 237 355 GIFT, NOVELTY, AND SOUVENIR STORES 238 356 GIFTS 238 357 GIN 239 358 GINSENG SUPPLEMENTS 239 359 GIRLS DRESSES AND BLOUSES 240 360 GLASS CONTAINER MANUFACTURING 240 361 GLOBAL POSITIONING SYSTEM (GPS) RECEIVERS 241 362 GLOBES 241 363 GOLD ORES 242 364 GOLF EQUIPMENT 242 365 GOURMET POTATO CHIPS 243 366 GOVERNMENT PUBLIC HEALTH ACTIVITIES 243 367 GRANOLA BARS AND BREAKFAST CEREAL BARS 244 368 GRAPE JUICE 244 369 GRAPHIC DESIGN SERVICES 245 370 GREEN VEGETABLES 245 371 GREETING CARDS 246 372 GROCERY DISCOUNTERS 246 373 GROUND ROASTED COFFEE 247 374 GSM1X CELLULAR TELEPHONES 247 375 GSM-BASED CELLULAR TELEPHONES 248 376 GUIDED MISSILES AND SPACE VEHICLES 248 377 GUM PROTECTION TOOTHPASTE 249 378 GYPSUM PRODUCTS 249 379 HAIR TINTING AND COLORING PRODUCTS 250 380 HALOGEN LIGHT BULBS 250 381 HAND LOTION 251 382 HARD CHEESE 251 383 HDTV 252 384 HEALTH CARE EQUIPMENT AND SUPPLIES 252 385 HEART MONITORS 253 386 HEATING AND COOLING APPLIANCES 253 387 HEAVY BUSES AND COACHES 254 388 HEINEKEN COLD-FILTERED LAGER BEER 254 389 HERBAL TEA 255 390 HERBS AND SPICES 255 391 HIGH-END AC DRIVES OF AT LEAST 201 KW 256 392 HIGHLIGHTING KITS, BLEACHES, AND LIGHTENERS FOR HAIR 256 393 HIGHLY REFINED MINERAL OIL 257 394 HIGHWAY AND STREET CONSTRUCTION 257 395 HIP-HOP RINGTONES 258 396 HISPANIC MUSIC TELEVISION 258 397 HI-TECH LOGISTICS 259 398 HOBBY, TOY, AND GAME STORES 259 399 HOME IMPROVEMENT RETAILERS 260 400 HONEY 260 401 HOSIERY STOCKINGS 261 402 HOSPITAL FOOD SERVICE 261 403 HOT DRINKS 262 404 HOUSEHOLD TEXTILES AND SOFT FURNISHINGS 262 405 HUMAN RESOURCE MANAGEMENT SERVICES 263 406 HUNTING, TRAPPING, AND GAME PROPAGATION 263 407 HYPOTONIC SPORTS DRINKS 264 408 ICE CREAM 264 409 IMITATION LOBSTER MEAT 265 410 IMPORTED WHISKEY 265 411 IMPULSE ICE CREAM 266 412 IN VITRO DIAGNOSTIC EQUIPMENT 266 413 IP-BASED ENTERPRISE NETWORKING EQUIPMENT 267 414 IRON ORE MINING 267 415 ISOTONIC SPORTS DRINKS 268 416 ITALIAN BREAD 268 417 JANITORIAL SERVICES 269 418 JAPANESE FOODS 269 419 JAR FRESHENERS 270 420 JEWELRY STORES 270 421 JUICE 271 422 JUVENILE SURFBOARDS 271 423 KELLOGG BRAND COOKIES 272 424 KETCHUP 272 425 KILN FURNITURE 273 426 KITCHEN APPLIANCES 273 427 KITEBOARDING KITES 274 428 KNEE HIGHS HOSIERY 274 429 KNITTING, MANUFACTURING, AND FINISHING KNIT OUTERWEAR 275 430 KNITWEAR 275 431 KRAFT FOODS BRAND COOKIES 276 432 LACY HOSIERY 276 433 LAGER BEER 277 434 LAMBSKIN CONDOMS 277 435 LAMPSHADES 278 436 LAPTOP COMPUTERS 278 437 LARD OILS 279 438 LARGE HOUSEHOLD APPLIANCES 279 439 LAUNDRY STAIN REMOVERS 280 440 LAWN AND GARDEN EQUIPMENT AND SUPPLIES STORES 280 441 LEAD AND ZINC ORES 281 442 LEATHER AND LEATHER PRODUCTS 281 443 LEGAL SERVICES 282 444 LEGUMES 282 445 LEISURE EDUCATION 283 446 LEMONADE 283 447 LEMON-FLAVORED BOTTLED WATER 284 448 LIBRARIES 284 449 LIFE INSURANCE SOLD BY LIFE INSURANCE COMPANIES 285 450 LIGHT BUSES AND COACHES 285 451 LIME-FLAVORED SOFT DRINKS 286 452 LINEN AND UNIFORM SUPPLY 286 453 LINGERIE 287 454 LIP AND MULTIUSE COLOR COSMETICS 287 455 LIQUEFIED PETROLEUM GAS 288 456 LIQUEURS 288 457 LIQUID HAND SOAP 289 458 LIQUOR STORES, PERFUMERIES, AND OTHER NON-FOOD RETAILERS 289 459 LOADED PRINTED CIRCUIT BOARD ASSEMBLY, MANUFACTURING, AND SHIPPING 290 460 LOCAL AND INTERURBAN PASSENGER TRANSIT 290 461 LOGGING 291 462 LOGISTICS FOR THE PHARMACEUTICAL INDUSTRY 291 463 LONG GRAIN RICE 292 464 LOOSE SMOKING TOBACCO 292 465 LOW-CARBOHYDRATE BEER 293 466 LOW-END AC DRIVES WITH 5 TO 40 KW 293 467 LOWER-FAT POTATO SNACKS 294 468 LOW-FAT SPREADS 294 469 LP VINYL RECORD ALBUMS 295 470 LUGGAGE MANUFACTURING 295 471 LUMBER AND WOOD PRODUCTS 296 472 LUXURY YOGURTS 296 473 MACADAMIA NUTS 297 474 MACHINE TOOLS 297 475 MACHINING PRECISION TURNED PRODUCTS 298 476 MAGAZINES 298 477 MAINSTREAM TEA 299 478 MALAY, SINGAPOREAN, INDONESIAN, AND VIETNAMESE FOOD 299 479 MALT BEVERAGES 300 480 MANAGEMENT CONSULTING SERVICES 300 481 MANIFOLD BUSINESS FORMS 301 482 MANMADE FABRIC MILLS 301 483 MANUFACTURED MOBILE HOME DEALERS 302 484 MANUFACTURING DOG AND CAT FOOD 302 485 MARGARINE 303 486 MARINATED TILAPIA 303 487 MARINE FREIGHT SERVICES 304 488 MARKETING RESEARCH AND PUBLIC OPINION POLLING 304 489 MARKING PENS 305 490 MARTIAL ARTS TELEVISION PROGRAMMING 305 491 MASS REPRODUCTION OF COMPUTER SOFTWARE 306 492 MATERIALS HANDLING MACHINERY 306 493 MATURE COMIC BOOKS 307 494 MAYONNAISE 307 495 MEAL REPLACEMENT DRINKS 308 496 MEASURING AND CONTROLLING INSTRUMENTS 308 497 MEAT AND POULTRY 309 498 MEDIA ADVERTISING 309 499 MEDICAL BIOTECHNOLOGY 310 500 MEDICATED SKIN CARE 310 501 MEDIUM AND HEAVY TRUCKS 311 502 MENS GROOMING PRODUCTS 311 503 MENSWEAR 312 504 MENTHOL CIGARETTES 312 505 METAL POLISH 313 506 MEXICAN COOKING SAUCES 313 507 MICRO AC DRIVES WITH MAXIMUM 4 KW 314 508 MIDDLEWEIGHT DUAL MOTORCYCLES 314 509 MID-RANGE AC DRIVES WITH 41 TO 200 KW 315 510 MILD DETERGENTS 315 511 MILITARY FACILITIES 316 512 MILK BEVERAGES 316 513 MILLER PILSNER BEER 317 514 MILLWORK 317 515 MINERAL WATER 318 516 MINI SWISS ROLLS 318 517 MINK FUR COATS 319 518 MIXED SOUR PICKLES 319 519 MIXING INGREDIENTS TO MAKE FERTILIZER 320 520 MOBILE AND STREET FOOD VENDORS 320 521 MODEL WHEELED VEHICLES 321 522 MODEMS 321 523 MOIST CAT FOOD 322 524 MONOCHROMATIC TELEVISION SETS 322 525 MORNING BAKERY GOODS 323 526 MOTION PICTURE PRODUCTION, DISTRIBUTION, AND THEATERS 323 527 MOTOR VEHICLES AND MOTOR VEHICLE EQUIPMENT 324 528 MOUNTAIN BIKES 324 529 MOUNTAIN SNOWBOARDS 325 530 MOUTHWASH 325 531 MOUTHWASHES AND BREATH FRESHENERS 326 532 MP3 PLAYERS 326 533 MSC ECO-LABEL WILD ALASKAN SALMON 327 534 MULTIPACKS OF CHILDRENS ICE CREAM BARS 327 535 MULTISERVE FROMAGE FRAIS 328 536 MULTIVITAMINS 328 537 MUSHROOMS 329 538 MUSIC AND VIDEO GAME STORES 329 539 NAIL POLISH AND HOME MANICURE PRODUCTS 330 540 NAND FLASH MEMORY CARDS 330 541 NARROW FABRIC MILLS 331 542 NATIONAL NEWSPAPERS 331 543 NATURAL FROMAGE FRAIS 332 544 NET, LACE, AND VOILE CURTAINS 332 545 NETWORK HUBS 333 546 NEUROSTIMULATORS 333 547 NEW CAR DEALERS 334 548 NITROGENOUS FERTILIZER MANUFACTURING 334 549 NON-AIRPORT CAR RENTALS 335 550 NON-ALCOHOLIC BEER 335 551 NON-CHOCOLATE CONFECTIONERY MANUFACTURING 336 552 NON-CITRUS FRUIT 336 553 NON-CURRENT-CARRYING WIRING DEVICE MANUFACTURING 337 554 NON-DAILY NEWSPAPERS 337 555 NON-DEPOSITORY CREDIT INTERMEDIATION 338 556 NON-DURABLE GOODS 338 557 NON-EXTRUDED CRISPBREADS 339 558 NON-FARM HOUSING SERVICES 339 559 NON-FERROUS DIE-CASTING FOUNDRIES EXCLUDING ALUMINUM 340 560 NON-FOOD RETAIL SALES 340 561 NON-INSTANT LONG GRAIN RICE 341 562 NON-INTEREST COMMERCIAL BANKING 341 563 NON-METALLIC MINERAL MINING AND QUARRYING 342 564 NONMETALLIC MINERAL SERVICES 342 565 NON-PROFIT RELIEF AND HUMANITARIAN AID 343 566 NON-RESIDENTIAL CONSTRUCTION AND ENGINEERING 343 567 NON-STORE RETAILERS AND MAIL ORDER 344 568 NON-UPHOLSTERED WOOD HOUSEHOLD FURNITURE MANUFACTURING 344 569 NON-WOOD OFFICE FURNITURE MANUFACTURING 345 570 NONWOVEN FABRIC MILLS 345 571 NUCLEAR ELECTRIC POWER GENERATION 346 572 NURSERY, GARDEN CENTER, AND FARM SUPPLY STORES 346 573 NURSING HOMES 347 574 NUTRITIONAL SUPPLEMENTS 347 575 NUTS 348 576 OFFICE SUPPLIES AND STATIONERY STORES 348 577 OIL 349 578 OIL, GAS, AND MINING EXPLORATION SERVICES 349 579 OIL-, SOLID FUEL-, AND ELECTRIC-POWERED BOILERS 350 580 OIL-FILLED ELECTRIC SPACE HEATERS 350 581 OILS AND FATS 351 582 OLIVE OIL 351 583 ONE-CUP TEA BAGS 352 584 ONIONS AND SHALLOTS 352 585 ONLINE ANALYTICAL PROCESSING (OLAP) 353 586 OPAQUE HOSIERY 353 587 OPERATIONS MANAGEMENT SERVICES 354 588 OPHTHALMIC GOODS MANUFACTURING 354 589 OPTICAL GOODS AND EYE CARE PRODUCTS 355 590 ORAL DRUG DELIVERY SYSTEMS 355 591 ORANGE JUICE 356 592 ORGANIC BEVERAGES 356 593 ORTHOPEDIC HIP IMPLANTS 357 594 ORTHOTIC INSOLES 357 595 OSTRICH MEAT 358 596 OTC HEALTHCARE PRODUCTS 358 597 OUTDOOR GAMES 359 598 OUTERWEAR CLOTHING AND ACCESSORIES 359 599 OUTSET LFE NATURAL GAS SPACE HEATERS 360 600 OUTSOURCING SERVICES 360 601 OVENS AND STOVES 361 602 OVERNIGHT MAXI PADS 361 603 OVER-THE-COUNTER DRUGS 362 604 PACKAGED NUTS 362 605 PACKAGING AND LABELING SERVICES 363 606 PAGERS 363 607 PAID INTERNET SEARCH ADVERTISING 364 608 PAINT AND WALLPAPER STORES 364 609 PANCAKES AND GRIDDLE SCONES 365 610 PANTYLINERS 365 611 PAPER TOWELS 366 612 PARKING LOTS, GARAGES, AND VALET PARKING SERVICES 366 613 PARMALAT FINANZIARIA COOKIES 367 614 PASSENGER TRANSPORTATION 367 615 PASSIVE COMPONENTS 368 616 PASTA AND NOODLES 368 617 PC VIDEO GAME SOFTWARE 369 618 PEANUTS 369 619 PEARS 370 620 PEER-TO-PEER VOIP SOFTWARE 370 621 PENCILS AND CRAYONS 371 622 PERIODICALS 371 623 PERISHABLE PREPARED FOODS MANUFACTURING 372 624 PERMANENT EMPLOYMENT SERVICES 372 625 PERSONAL STATIONERY 373 626 PET CARE PRODUCTS 373 627 PHARMACIES AND DRUG STORES 374 628 PHONETIC FLASH CARDS 374 629 PHOSPHATE ROCK MINING 375 630 PHOSPHATIC FERTILIZER MANUFACTURING 375 631 PHOTO PRINTERS 376 632 PHYSICIANS SERVICES 376 633 PICCALILLI RELISH 377 634 PICKLE AND CHUTNEY CONDIMENTS 377 635 PISTACHIOS 378 636 PIZZAS 378 637 PLAIN NOODLES 379 638 PLANT BREAD 379 639 PLASMA DISPLAY PANELS 380 640 PLASTIC HOUSEWARES 380 641 PLUMBED-IN WATER FILTERS 381 642 PLUMBING PRODUCTS 381 643 PLUSH TOYS 382 644 POLISHING SUPPLIES 382 645 POLLOCK 383 646 POLLUTION CONTROL EQUIPMENT AND SERVICES 383 647 POLYCARBONATE SPORTS BOTTLES 384 648 POLYMERASE CHAIN REACTION (PCR) MACHINES 384 649 POPCORN 385 650 PORE CLEANSING STRIPS 385 651 PORK PIES 386 652 PORT AND SHIPBUILDING EQUIPMENT 386 653 POTASH, SODA, AND BORATIC MINERALS MINING 387 654 POTATO CHIPS 387 655 POTTED POINSETTIA PLANTS 388 656 POULTRY PRODUCTS 388 657 POWDER DETERGENTS 389 658 POWER TOOTHBRUSHES 389 659 PRAWN APPETIZERS AND DIPS 390 660 PRECIOUS METAL JEWELRY AND PERSONAL ARTICLES 390 661 PREFABRICATED METAL BUILDINGS 391 662 PREMIUM NUTS 391 663 PREMIXED ALCOHOLIC BEVERAGES 392 664 PREPARED BABY FOODS 392 665 PRE-RECORDED CASSETTES 393 666 PRERECORDED TAPE, COMPACT DISC, AND RECORD STORES 393 667 PRESCRIPTION EYEGLASS FRAMES 394 668 PRESENTATION MATERIALS 394 669 PRIMARY METAL INDUSTRIES 395 670 PRINTED CIRCUIT BOARDS 395 671 PRINTERS 396 672 PRINTING GRAPHICAL MATERIALS USING DIGITAL PRINTING EQUIPMENT 396 673 PRIVATE RESIDENTIAL CONSTRUCTION 397 674 PROCESSED FISH AND CRAB 397 675 PROFESSIONAL COMPUTER SERVICES 398 676 PROGRAMMABLE LOGIC DEVICES 398 677 PROPELLING PENCILS 399 678 PROPERTY AND CASUALTY INSURANCE 399 679 PROTEOMIC PROTEIN CHIPS 400 680 PUBLIC RESIDENTIAL CONSTRUCTION 400 681 PUBLISHING ADVERTISING 401 682 PUBS, CLUBS, AND NIGHTCLUBS 401 683 PUFFS 402 684 PULMONARY DRUG DELIVERY SYSTEMS 402 685 PULP MILLS 403 686 PUMP DEODORANTS 403 687 PURSES 404 688 RADIANT NATURAL GAS SPACE HEATERS 404 689 RADIATORS AND PUMPS 405 690 RADIO AND TELEVISION BROADCASTING 405 691 RAILROAD FREIGHT SERVICES 406 692 RANGE HOODS 406 693 READY PASTA 407 694 REAL JEWELRY 407 695 RECONSTITUTED WOOD PRODUCTS 408 696 RECORDED MUSIC 408 697 RECREATIONAL VEHICLE DEALERS 409 698 RED MEAT 409 699 REFERENCE SOFTWARE 410 700 REFINING CANE SUGAR FROM RAW CANE SUGAR 410 701 REFLECTOR LIGHT BULBS 411 702 REFRIGERATION APPLIANCES 411 703 REGIONAL NEWSPAPERS 412 704 RELAYS AND INDUSTRIAL CONTROLS 412 705 RELISH 413 706 REMEDIATION SERVICES 413 707 REMELTING, PRESSING, BLOWING, OR SHAPING PURCHASED GLASS 414 708 RENDERING ANIMAL FAT, BONES, AND MEAT SCRAPS 414 709 RENEWABLE ENERGY EQUIPMENT 415 710 RENTAL OF TRUCKS WEIGHING 3.51 TO 15 TONS 415 711 REPAIR AND MAINTENANCE OF HOME AND GARDEN EQUIPMENT AND APPLIANCES 416 712 REPLACEMENT TIRES FOR CARS AND LIGHT VANS 416 713 RESIDENTIAL CONSTRUCTION 417 714 RESIDUAL FUEL OIL 417 715 RESTAURANTS 418 716 RETAIL LOGISTICS 418 717 RETIREMENT SAVINGS PLANS 419 718 RETREADING OR REBUILDING TIRES 419 719 REUPHOLSTERY AND FURNITURE REPAIR 420 720 REUSABLE PLASTICS FOOD CONTAINERS 420 721 REWRITABLE COMPACT DISC MEDIA (CD-RWS) 421 722 RFID TAGS 421 723 RICE MILLING 422 724 RIDE-ON TOYS 422 725 RINGTONES 423 726 ROAD BIKES 423 727 ROLLERBALL PENS 424 728 ROLL-ON DEODORANTS 424 729 ROOMING AND BOARDING HOUSES 425 730 ROOT VEGETABLES 425 731 ROPE, CORDAGE, AND TWINE MILLS 426 732 ROYAL JELLY SUPPLEMENTS 426 733 RUBBER BRACELETS 427 734 SALAD ACCOMPANIMENTS 427 735 SALINE BREAST IMPLANTS 428 736 SALON HAIR CARE PRODUCTS 428 737 SALT AND VINEGAR POTATO CHIPS 429 738 SANDWICH SPREADS 429 739 SANITARY PROTECTION PRODUCTS 430 740 SATELLITES 430 741 SAUCES, SALAD DRESSINGS, AND CONDIMENTS 431 742 SAUSAGE ROLL APPETIZERS 431 743 SAVORY SNACKS 432 744 SAW/BAW DUPLEXERS 432 745 SAWMILLS 433 746 SCANNERS 433 747 SCENTED CANDLES 434 748 SCHIFFLI MACHINE EMBROIDERY 434 749 SCHOOL FOOD SERVICE 435 750 SCONES 435 751 SCRAP RECYCLING 436 752 SCREW MACHINE PRODUCTS 436 753 SEAFOOD CANNING 437 754 SEASONAL COOKIES 437 755 SECONDARY SMELTING AND ALLOYING OF ALUMINUM 438 756 SECURITY AND COMMODITY BROKERS AND DEALERS 438 757 SELF-TANNING PRODUCTS 439 758 SEMICONDUCTOR TESTING EQUIPMENT 439 759 SEMI-MOIST DOG FOOD 440 760 SEMI-PERMANENT HAIR COLORANTS 440 761 SENSORS 441 762 SERVICES 441 763 SET FRENCH YOGURTS 442 764 SEWAGE TREATMENT FACILITIES 442 765 SEWER FACILITIES 443 766 SEWING, NEEDLEWORK, AND PIECE GOODS STORES 443 767 SEX TOYS 444 768 SHAMPOO 444 769 SHAVING RAZORS AND BLADES 445 770 SHEER WINDOW FURNISHINGS 445 771 SHELLFISH 446 772 SHIP BUILDING AND REPAIRING 446 773 SHOE POLISH 447 774 SHOWCASE, PARTITION, SHELVING, AND LOCKER MANUFACTURING 447 775 SILICONE CONTACT LENSES 448 776 SILVER ORE MINING 448 777 SINGLE-SERVING DRY AMBIENT SNACKS 449 778 SKIN CARE PRODUCTS 449 779 SKOL LAGER BEER 450 780 SLAUGHTERING ANIMALS EXCLUDING POULTRY 450 781 SLEEPING BAGS 451 782 SLICED COOKED MEAT 451 783 SLOW-RELEASE HOUSEHOLD FRESHENERS 452 784 SMALL PET FOOD 452 785 SMART CARS 453 786 SMIRNOFF ICE READY-TO-DRINK ALCOHOLIC BEVERAGES 453 787 SMOKED SALMON 454 788 SMOKERS TOOTHPASTE 454 789 SMOOTHIES 455 790 SNACK FRUIT PIES 455 791 SNOWBOARDING BOOTS FOR STEP-IN BINDINGS 456 792 SNOWMOBILES 456 793 SOCCER BALLS 457 794 SOCKS, STOCKINGS, AND TIGHTS 457 795 SOFT CHEESE 458 796 SOLAR VESTS 458 797 SOLID AND SEMI-SOLID COOKING FATS 459 798 SOLVENTS AND DEGREASERS FOR PREVENTING RUST AND CORROSION 459 799 SOUP 460 800 SOUR BEETROOT PICKLES 460 801 SOUTHERN COMFORT READY-TO-DRINK ALCOHOLIC BEVERAGES 461 802 SOY MILK 461 803 SPACE HEATERS 462 804 SPARKLING MINERAL WATER 462 805 SPECIAL OCCASION WRITING INSTRUMENTS 463 806 SPICE AND EXTRACT MANUFACTURING 463 807 SPORTING GOODS RETAILERS 464 808 SPORTS AND ENERGY DRINKS 464 809 SPREADABLE OILS AND FATS 465 810 SPREADS AND MARGARINES 465 811 SQUASH BALLS 466 812 SRAM (STATIC RANDOM ACCESS MEMORY) 466 813 STACKING POTATO CHIPS 467 814 STANDARD AND BULK ICE CREAM 467 815 STAPLERS 468 816 STATIONARY BICYCLES 468 817 STEAM AND AIR CONDITIONING SUPPLY 469 818 STEEL MILL PRODUCTS 469 819 STELLA ARTOIS LAGER BEER 470 820 STICK AND SOLID DEODORANTS 470 821 STILL BOTTLED WATER 471 822 STONE FRUIT 471 823 STORAGE BATTERY MANUFACTURING 472 824 SUGAR CANDY 472 825 SUN CARE PRODUCTS 473 826 SUPER PREMIUM TAKE-HOME ICE CREAM 473 827 SUPPORT ACTIVITIES FOR AIR TRANSPORTATION 474 828 SURFACE CLEANERS 474 829 SURVEYING AND MAPPING SERVICES EXCLUDING GEOPHYSICAL SERVICES 475 830 SWEET SPREADS 475 831 SWITCHGEAR AND SWITCHBOARD APPARATUS 476 832 SYNTHETIC RUBBER 476 833 TABLE LAMPS 477 834 TAKE-HOME COMPLETE ICE CREAM DESSERTS 477 835 TALCUM POWDER 478 836 TAMPONS WITHOUT APPLICATOR 478 837 TANNING BEDS 479 838 TAPIOCA TEA DRINKS 479 839 TARTAR CONTROL TOOTHPASTE 480 840 TAXICABS 480 841 TEA LIGHTS 481 842 TEEN ENTERTAINMENT MAGAZINES 481 843 TELECOMMUNICATIONS EQUIPMENT 482 844 TELEPHONE AND TELEGRAPH FACILITIES 482 845 TELEVISION BROADCASTING 483 846 TEMPORARY EMPLOYMENT SERVICES 483 847 TENNENTS LAGER BEER 484 848 TEQUILA AND MESCAL SPIRITS 484 849 TESTING LABORATORIES 485 850 TEX-MEX FOODS 485 851 TEXTILE FABRICS 486 852 THAI FOODS 486 853 THEATRICAL PRODUCERS, BANDS, ORCHESTRAS, AND ENTERTAINERS 487 854 THIGH HIGHS HOSIERY 487 855 THIN FILM TRANSISTOR-LIQUID CRYSTAL DISPLAY (TFT-LCD) 488 856 THREAD MILLS 488 857 TIRE CORD AND TIRE FABRIC MILLS 489 858 TISSUES 489 859 TITANIUM LACROSSE STICKS 490 860 TOBACCO PRODUCTS 490 861 TOILET CLEANING PRODUCTS 491 862 TONE-ON-TONE HAIR COLORANTS 491 863 TOOTHBRUSHES 492 864 TOOTHPASTE FOR SENSITIVE TEETH 492 865 TORTILLA MANUFACTURING 493 866 TOY STORES 493 867 TRADITIONAL TOYS 494 868 TRAIL MIX 494 869 TRANSFORMERS 495 870 TRANSLATION AND INTERPRETATION SERVICES 495 871 TRANSPORTATION EQUIPMENT 496 872 TRAVEL TRAILER AND CAMPER MANUFACTURING 496 873 TREATS FOR DOGS 497 874 TRUCK TRAILER MANUFACTURING 497 875 TURKEY PIECES 498 876 ULTRA DISPOSABLE DIAPERS 498 877 UNDERWATER DIGITAL CAMERAS 499 878 UNDERWEAR, NIGHTWEAR, AND SWIMWEAR 499 879 UNDERWIRE BRAS 500 880 UNISEX FRAGRANCES 500 881 UNLEADED GASOLINE 501 882 UNSCENTED CANDLES 501 883 UPHOLSTERED HOUSEHOLD FURNITURE MANUFACTURING 502 884 URANIUM-RADIUM-VANADIUM ORES 502 885 USED CAR DEALERS 503 886 UTILITIES 503 887 VACUUM CLEANERS 504 888 VALVES AND PIPE FITTINGS 504 889 VEGETABLE AND SEED OILS 505 890 VEGETARIAN FOODS 505 891 VENETIAN BLINDS 506 892 VENTURE CAPITAL 506 893 VERTICAL BLINDS 507 894 VIDEO CASSETTE RECORDERS (VCRS) 507 895 VIENNA AND FRENCH BREAD 508 896 VITAMIN TONICS 508 897 VODKA 509 898 VOICE-RECOGNITION DICTATION SOFTWARE 509 899 VOIP TELEPHONE SERVICE 510 900 VOL-AU-VENT APPETIZERS 510 901 WAFFLES 511 902 WALLETS AND PURSES 511 903 WALL-MOUNTED LIGHT FIXTURES 512 904 WASHER-DRYERS 512 905 WASHING MACHINES 513 906 WATCH, CLOCK, JEWELRY, AND FURNITURE REPAIR AND REUPHOLSTERY 513 907 WATCHES 514 908 WATER UTILITIES 514 909 WCDMA/UMTS-BASED CELLULAR TELEPHONES 515 910 WEB SERVERS 515 911 WEDDING DRESSES 516 912 WEFT KNIT FABRIC MILLS 516 913 WEIGHT GAINER AND MUSCLE BUILDER SUPPLEMENTS 517 914 WELDING AND SOLDERING EQUIPMENT MANUFACTURING 517 915 WET SAUCES 518 916 WHISKEY 518 917 WHITE BREAD 519 918 WHOLE CHICKEN POULTRY 519 919 WI-FI CELLULAR TELEPHONES 520 920 WINDOW BLINDS 520 921 WINE 521 922 WINERIES 521 923 WINTER SPORTING GOODS 522 924 WIPES 522 925 WIRELESS COMMUNICATION SERVICES 523 926 WIRING DEVICES 523 927 WOMENS HAIR REMOVAL PRODUCTS 524 928 WOMENSWEAR AND LINGERIE 524 929 WOOD PRESERVATION 525 930 WOOL YARN 525 931 WORKERS COMPENSATION INSURANCE 526 932 WRITING INSTRUMENTS 526 933 YARN SPINNING MILLS 527 934 YELLOW FATS 527 935 YOGA MATS 528 936 YOGURT WITH LIVE CULTURES 528 937 DEFINITION OF TERMS 529 938 DISCLAIMERS, WARRANTEES, AND USER AGREEMENT PROVISIONS 617 938.1 Disclaimers & Safe Harbor 617 938.2 User Agreement Provisions 618

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