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NAICS (pronounced nakes), is the North American Industry Classification System. NAICS is used by business and government to classify and measure economic activity in Canada, Mexico and the United States. It replaces the older and now obsolete Standard Industrial Classification (SIC) codes. The Standard Industrial Classification was a United States government system for classifying industries by a four-digit code. ...
The NAICS numbering system is a six-digit code. The first five digits are generally (although not always strictly) the same in all three countries. The last digit designates national industries. The first two digits designate the largest business sector, the third digit designates the subsector, the fourth digit designates the industry group, and the fifth digit designates particular industries.
The system is designed to be somewhat compatible with the United Nations Statistical Office's International Standard Industrial Classification System (ISIC). Work began on NAICS in the U.S. in 1992, when the Office of Management and Budget (OMB) formed the U.S. Economic Classification Policy Committee (ECPC), staffed by the Bureau of Economic Analysis (BEA), the Bureau of Labor Statistics (BLS), and the Census Bureau. NAICS takes into account the huge economic change towards service businesses. The first version is NAICS 1997. The next revision is in 2007, toward NAPCS. This article or section does not cite its references or sources. ...
ISIC is a four-letter acronym that may stand for: International Standard Industrial Classification (of all Economic Activities). ...
The Office of Management and Budget (OMB) is a body within the Executive Office of the President of the United States (EOP) which is tasked with coordinating United States Federal agencies. ...
The Bureau of Economic Analysis (BEA) is an agency in the United States Department of Commerce that provides a comprehensive statistical picture of the economy of the United States. ...
The Bureau of Labor Statistics was founded in 1884 by President Chester A. Arthur. ...
The United States Census Bureau (officially Bureau of the Census) is a part of the United States Department of Commerce. ...
In economics and marketing, a service is the non-material equivalent of a good. ...
NAPCS (North American Product Classification System) is a multi-phase effort by Canada, Mexico, and the United States to develop a comprehensive list of products, product definitions, and product codes that will be organized into an integrated demand-based classification framework that classifies both goods and services according to how...
The NAICS code of a business describes what they do. The Natural Area Code (NAC) of a business describes where it is located. The Natural Area Code is a proprietary geocode system for identifying an area anywhere on the Earth, or a volume anywhere in the universe. ...
U.S. NAICS Example
| Sector | 33 | Manufacturing | | Subsector | 339 | Miscellaneous Manufacturing | | Industry Group | 3399 | Other Miscellaneous Manufacturing | | Industry | 33994 | Office Supplies (except Paper) Manufacturing | | U. S. Industry | 339941 | Pen and Mechanical Pencil Manufacturing |
NAICS 2002 Sectors | 11 | Agriculture, Forestry, Fishing and Hunting | | 21 | Mining | | 22 | Utilities | | 23 | Construction | | 31-33 | Manufacturing | | 42 | Wholesale Trade | | 44-45 | Retail Trade | | 48-49 | Transportation and Warehousing | | 51 | Information | | 52 | Finance and Insurance | | 53 | Real Estate and Rental and Leasing | | 54 | Professional, Scientific, and Technical Services | | 55 | Management of Companies and Enterprises | | 56 | Administrative and Support and Waste Management and Remediation Services | | 61 | Education Services | | 62 | Health Care and Social Assistance | | 71 | Arts, Entertainment, and Recreation | | 72 | Accommodation and Food Services | | 81 | Other Services (except Public Administration) | | 92 | Public Administration | NAICS 11 Agriculture, Forestry, Fishing and Hunting of version of 2002. ...
NAICS 21 (Mining Sector) comprises establishments that extract naturally-occurring mineral solids, such as coal and ores; liquid minerals, such as crude petroleum; and gases, such as natural gas. ...
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NAICS, (pronounced nakes) is the North American Industry Classification System. ...
Bibliography - North American Industry Classification System (NAICS): Executive Office of the President Office of Management and Budget; Jist Works; (January 1999); ISBN 1-56370-537-0
- Harris' Complete Guide to NAICS by Scott M. Vogel; Harris Infosource; (September 19, 2001); ISBN 1-55600-922-4
- NAICS Desk Reference, Jist Works, U. S. Census Bureau; JIST Publishing; (July 2000); ISBN 1-56370-694-6
See also NAPCS (North American Product Classification System) is a multi-phase effort by Canada, Mexico, and the United States to develop a comprehensive list of products, product definitions, and product codes that will be organized into an integrated demand-based classification framework that classifies both goods and services according to how...
External links
Analogies in other countries - Russian Economic Activities Classification System (OKVED) (in Russian)
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