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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 Canada is a country in the northern part of North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean, Atlantic to the Pacific Ocean, Pacific and northward into the Arctic Oce ...

Canada
,
Mexico Mexico, officially the United Mexican States, is a List of sovereign states, country in the southern portion of North America. It is borders of Mexico, bordered to the north by the United States; to the south and west by the Pacific Ocean; to ...

Mexico
, and the
United States of America The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country in . It consists of 50 , a , five major , 326 , and some . At , it is the world's . The United States shares significan ...

United States of America
. It has largely replaced the older
Standard Industrial Classification Standard may refer to: Symbols * Colours, standards and guidons In military organizations, the practice of carrying colours, standards or guidons, both to act as a rallying point for troops and to mark the location of the commander, is ...
(SIC) system, except in some government agencies, such as the
U.S. Securities and Exchange Commission The U.S. Securities and Exchange Commission (SEC) is a large independent agency of the United States federal government, created in the aftermath of the Wall Street Crash of 1929 The Wall Street Crash of 1929, also known as the Great Crash ...
(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 always strictly) the same in all three countries. The first two digits designate the largest business sector, the third digit designates the subsector, the fourth digit designates the industry group, the fifth digit designates the NAICS industries, and the sixth digit designates the national industries.


History

NAICS is a collaborative effort by Mexico's ''
Instituto Nacional de Estadística y Geografía INEGI's headquarters. The National Institute of Statistics and Geography (INEGI by its name in es, Instituto Nacional de Estadística y Geografía) is an autonomous agency of the Mexican Government The Federal government of Mexico (alterna ...
'' (INEGI),
Statistics Canada Statistics Canada (StatCan; french: Statistique Canada), formed in 1971, is the agency Agency may refer to: * a governmental or other institution Institutions, according to Samuel P. Huntington, are "stable, valued, recurring patterns of ...
, and the
United States Office of Management and Budget The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP). OMB's most prominent function is to produce the president's budget, but it also examines agency programs, poli ...
(OMB), through its Economic Classification Policy Committee (ECPC), staffed by the
Bureau of Economic Analysis The Bureau of Economic Analysis (BEA) of the United States Department of Commerce The United States Department of Commerce is an executive department The United States federal executive departments are the principal units of the Federal g ...
(BEA), the
Bureau of Labor Statistics The Bureau of Labor Statistics (BLS) is a unit of the United States Department of Labor The United States Department of Labor (DOL) is a cabinet-level department of the U.S. federal government responsible for occupational safety and health, ...
(BLS), and the
Census Bureau The United States Census Bureau (USCB), officially the Bureau of the Census, is a principal agency of the U.S. Federal Statistical System, responsible for producing data about the American people A people is a plurality of person A p ...
. The system is designed to be largely compatible with the
United Nations The United Nations (UN) is an intergovernmental organization An intergovernmental organization (IGO) is an organization composed primarily of sovereign states (referred to as ''member states''), or of other organizations through formal ...

United Nations
Statistical Office's
International Standard Industrial ClassificationThe International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations The United Nations (UN) is an intergovernmental organization that aims to maintain international peace and international security, secu ...
system (ISIC). NAICS versions are released every five years. With the first version, released in 1997, NAICS offered enhanced coverage of the service sector, relative to SIC. The 2002 revision accommodated significant changes in the Information Sector. The 2012 revision slightly reduced the number of industries and modified six sectors. NAICS changes/updation done at interval 5 years, latest NAICS updated on 2017.


See also

*
International Standard Industrial ClassificationThe International Standard Industrial Classification of All Economic Activities (ISIC) is a United Nations The United Nations (UN) is an intergovernmental organization that aims to maintain international peace and international security, secu ...
*
Standard Industrial Classification Standard may refer to: Symbols * Colours, standards and guidons In military organizations, the practice of carrying colours, standards or guidons, both to act as a rallying point for troops and to mark the location of the commander, is ...
(SIC) *
North American Product Classification SystemThe North American Product Classification System, or NAPCS, is a classification system used by Canada Canada is a country in the northern part of North America. Its Provinces and territories of Canada, ten provinces and three territories exte ...
(NAPCS) *
Global Industry Classification StandardThe Global Industry Classification Standard (GICS) is an industry taxonomy Industry classification or industry taxonomy is a type of economic taxonomy that organizes companies into industrial groupings based on similar production processes, similar ...
*
Statistical Classification of Economic Activities in the European CommunityThe 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 ...
*
Thomson Reuters Business Classification The Refinitiv Business Classification (TRBC) is an industry classification Industry classification or industry taxonomy is a type of economic taxonomy that organizes companies into Industry (economics), industrial groupings based on similar product ...


Notes


References


Further reading

* * *


External links


Trilateral NAICS site

United States Census NAICS

Statistics Canada NAICS

Mexico SCIANHistorical NAICS changes
;Analogues in other countries * Russian Economic Activities Classification System (OKVED)
Standard Industrial Classification (South Africa)
{{Authority control 1997 establishments in the United States Industry classifications Trilateral relations of Canada, Mexico, and the United States Statistics Canada United States Office of Management and Budget