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Statistical Classification Of Economic Activities In The European Community
The Statistical Classification of Economic Activities in the European Community, commonly referred to as NACE (for the French term ''"nomenclature statistique des activités économiques dans la Communauté européenne"''), is the industry standard classification system used in the European Union. The current version is revision 2 and was established by Regulation (EC) No 1893/2006. It is the European implementation of the UN classification ISIC, revision 4. There is a correspondence between NACE and United Nations' International Standard Industrial Classification of all Economic Activities. NACE is similar in function to the SIC and NAICS systems: * Standard Industrial Classification * North American Industry Classification System The North American Industry Classification System or NAICS () is a classification of business establishments by type of economic activity (process of production). It is used by government and business in Canada, Mexico, and the United States of A .. ...
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Industry Classification
Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets. National and international statistical agencies use various industry-classification schemes to summarize economic conditions. Securities analysts use such groupings to track common forces acting on groups of companies, to compare companies' performance to that of their peers, and to construct either specialized or diversified portfolios. Sectors and industries Economic activities can be classified in a variety of ways. At the top level, they are often classified according to the three-sector theory into sectors: primary (extraction and agriculture), secondary (manufacturing), and tertiary (services). Some authors add quaternary (knowledge) or even quinary (culture and research) sectors. Over time, the fraction of a society's ac ...
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International Standard Industrial Classification
The International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations industry classification system. Wide use has been made of ISIC in classifying data according to kind of economic activity in the fields of employment and health data. It is maintained by the United Nations Statistics Division. ISIC classifies entities by activity. The most detailed categories are defined by combinations of activities described in statistical units, considering the relative importance of the activities included in these classes. ISIC Rev.4 continues to use criteria such as input, output and use of the products produced, but places additional emphasis on production processes. Revision history The United Nations Statistics Division has published the following revisions of the ISIC standard: * Revision 1 - Published in 1958International Trade Center Investment Map' * Revision 2 - Published in 1968 * Revision 3 - Published in 1989 * Revision 3.1 - Published by ...
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Standard Industrial Classification
The Standard Industrial Classification (SIC) was a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas. Similar SIC systems are also used by agencies in other countries, e.g., by the United Kingdom's Companies House. In the United States, the SIC system was last revised in 1987 and was last used by the Census Bureau for the 1992 Economic Census, and has been replaced by the North American Industry Classification System (NAICS code), which was released in 1997. Some U.S. government departments and agencies, such as the U.S. Securities and Exchange Commission (SEC), continued to use SIC codes through at least 2019. The SIC code for an establishment, that is, a unique business with a registered U.S. headquarters, was determined by the industry appropriate for the overall largest produ ...
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North American Industry Classification System
The North American Industry Classification System or NAICS () is a classification of business establishments by type of economic activity (process of production). It is used by government and business in Canada, Mexico, and the United States of America. It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC). An establishment is typically a single physical location, though administratively distinct operations at a single location may be treated as distinct establishments. Each establishment is classified to an industry according to the primary business activity taking place there. NAICS does not offer guidance on the classification of enterprises (companies) which are composed of multiple establishments. Codes The NAICS numbering system employs a five or six-digit code at the most detailed industry level. The first five digits are generally (although not al ...
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NACE Chooser
NACE may refer to: * NACE (region), North Atlantic and Central European region * "Nace" (song), by Colombian pop singer Anasol, 2006 * NACE International, National Association of Corrosion Engineers * National Association of Colleges and Employers * National Association of Collegiate Esports * Statistical Classification of Economic Activities in the European Community The Statistical Classification of Economic Activities in the European Community, commonly referred to as NACE (for the French term ''"nomenclature statistique des activités économiques dans la Communauté européenne"''), is the industry standard ...
– From the French, Nomenclature Statistique des activités économiques dans la Communauté européenne (NACE) {{Disambig ...
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Industry Classifications
Industry may refer to: Economics * Industry (economics), a generally categorized branch of economic activity * Industry (manufacturing), a specific branch of economic activity, typically in factories with machinery * The wider industrial sector of an economy, including manufacturing and production of other intermediate or final goods * The general characteristics and production methods common to an industrial society ** Industrialization, the transformation into an industrial society * Industry classification, a classification of economic organizations and activities Places *Industry, Alabama *Industry, California ** Industry station *Industry, Illinois *Industry, Kansas *Industry, Maine * Industry, Missouri *Industry, New York *Industry, Pennsylvania *Industry, Texas *Industry Bar, a New York City gay bar *Industry-Rock Falls Township, Phelps County, Nebraska Film and television * ''Made in Canada'' (TV series), a Canadian situation comedy series also known as ''The Industry'' ...
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