Industry Description
Builders primarily engaged in the construction of single-family houses and other buildings for sale on their own account rather than as contractors. Establishments primarily engaged in the construction (including renovation) of buildings for lease or rental on their own account are classified in Real Estate, Industry Group 651.
Business Examples
Common types of business activities within US SIC 1531 - Operative Builders are:
- Condominium developers on own account
- Cooperative apartment developers on own account
- Operative builders on own account
- Speculative builders
IBISWorld Industry Research Report
Home Builders in the US (23611a)
Revenue 2025
$166.9bn
Growth 2025
1.58%
Key Trends
Home builders also cut expenses and raised profit by hiring subcontractors
Homebuilders received a large chunk of the Paycheck Protection Program
Housing starts are set to dip
Products and Services
US-SIC Hierarchy 1531 - Operative Builders
US-SIC Code 1531 - Operative Builders sits in the 2-digit Operative Builders sector. US SIC codes can be 2 to 8 digits and the further along the hierarchy, the more detailed and specific the category will be.
Division: C
Division Title: Construction
2 Digits 3 Digits 4 Digits
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152 General Building Contractors-residential
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153 Operative Builders
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154 General Building Contractors - Nonresidential
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161 Highway and Street Construction, Except
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162 Heavy Construction, Except Highway and Street
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171 Plumbing, Heating and Air-conditioning
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172 Painting and Paper Hanging
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173 Electrical Work
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174 Masonry, Stonework, Tile Setting, and Plastering
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175 Carpentry and Floor Work
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176 Roofing, Siding, and Sheet Metal Work
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177 Concrete Work
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178 Water Well Drilling
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179 Miscellaneous Special Trade Contractors
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Extended US-SIC Hierarchy for 1531 - Operative Builders
For business marketing and targeting, US SIC Codes have been extended to provide more specific classifications within US-SIC 1531 - Operative Builders. Extended US SIC Codes are being continuously updated to reflect the current business environment.
6 Digit SIC Codes
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153198 Operative builders
8 Digit SIC Codes
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15310000 Operative builders
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15319900 Operative builders, nec
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15319901 Condominium developers
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15319902 Cooperative apartment developers
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15319903 Speculative builder, multi-family dwellings
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15319904 Speculative builder, single-family houses
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15319905 Townhouse developers
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15319906 Manuafacturing and light industrial buildings
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15319907 Commercial and Institutional buildings
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US SIC Code Directory
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