North American Industry Classification System
From Wikipedia, the free encyclopedia
The North American Industry Classification System or NAICS (pronounced [neiks]) is used by business and government to classify and measure economic activity in Canada, Mexico and the United States. It has largely replaced the older Standard Industrial Classification (SIC) system; however, certain government departments and agencies, such as the U.S. Securities and Exchange Commission (SEC), still use the 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.
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 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. The 2007 revision is available from the National Technical Information Service (NTIS) an agency of the U.S. Department of Commerce in paper format as PB2007100002 and CD-ROM as PB2007500023. Prior editions including 2002 as PB2002101430 and 1997 as PB98127293 are also available. In addition the 4-digit precursor to NAICS, the 1987 Standard Industrial Classification Manual is available on CD-ROM as PB87100012.
Contents |
[edit] 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
- Industry 33994 Office Supplies (except Paper) Manufacturing
- Industry Group 3399 Other Miscellaneous Manufacturing
- Subsector 339 Miscellaneous Manufacturing
[edit] NAICS 2002 sectors
Sector number | Description |
---|---|
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 |
[edit] 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
[edit] See also
[edit] External links
- NAICS Definitions at US Census Bureau
- NAICS Association
- U. S. Census: NAICS resources
- U. S. Census: North American Industry Classification System (NAICS)
- U. S. Census: 1997 NAICS and 1987 SIC Correspondence Tables
- National Technical Information Service