Encyclopedia > North American Industry Classification System
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 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.
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
Bibliography
North American Industry Classification System (NAICS): Executive Office of the President Office of Management and Budget; Jist Works; (January 1999); ISBN 1563705370
Harris' Complete Guide to NAICS by Scott M. Vogel; Harris Infosource; (September 19, 2001); ISBN 1556009224
NAICS Desk Reference, Jist Works, U. S. Census Bureau; JIST Publishing; (July 2000); ISBN 1563706946
NorthAmericanIndustryClassificationSystem (NAICS) at BLS
For over sixty years, the Standard IndustrialClassification (SIC) system has served as the structure for the collection, aggregation, presentation, and analysis of the US economy.
An industry consists of a group of establishments primarily engaged in producing or handling the same product or group of products or in rendering the same services.
The basis for industryclassification changed from the 1987 Standard IndustrialClassificationSystem (SIC) to the 2002 NorthAmericanIndustryClassificationSystem (NAICS).
Guaranteed published industries not meeting minimum publication criteria are estimated using an econometric technique known as the CES Small domain Model (SDM).
Guaranteed industries that did not pass the minimum sufficiency test are estimated using a regression model.
Feeds |
Contact