11 code 157 ownership change check
Code 157 - Ownership Code Change Check
This edit looks for discrepancies between predecessor and successor ownership codes. It prefers to check the current-quarter ownership values, but this depends upon the status code of the predecessor. If it is inactive during current quarter, then its prior-quarter status code is checked instead. Mathematically, this is written as:
This is the least likely code-change condition to occur, since government agencies generally remain under government control through a transition, and privately owned businesses usually stay privately owned. This check is also conducted regardless of the quarter being processed, ignoring the possibility of a first quarter non-economic code change. If the predecessor and successor ownership code differ, and if they have sufficient employment (as defined earlier), both fields will be underscored with this edit. The final totals include a description for this edit code of “Predecessor/Successor Ownership Code Change Conflict.” BLS classification code: B.2.7.
The remaining code change checks ignore multi-family master accounts. This exemption applies to county, township and NAICS code disparity checks; it uses the equation:
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