NAICS


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Related to NAICS: sic, SIC code

NAICS

North American Industrial Classification System. A system of six digit codes used in business to classify the industry to which a company belongs. The NAICS was created by the U.S. Office of Management and Budget in 1997 to facilitate communication within and between businesses and industries. For example, an iron ore mining company might file under the code 212210.
References in periodicals archive ?
Several other BLS programs are scheduled to incorporate NAICS in 2003.
In addition to incorporating NAICS into existing BLS series, NAICS is also being used for a new BLS report on quarterly employment and earnings for states and large counties.
Also in December, BEA released the benchmark 1997 input-output (10) accounts, which incorporated 1997 NAICS using information from the 1997 Economic Censuses.
In its regional economics program, in October 2002, BEA incorporated NAICS into its state estimates of annual earnings and employment, beginning with 2001.
In its national accounts program, NAICS will be incorporated as part of the benchmark revision scheduled for release at the end of this year.
In early 2003, the Office of Management and Budget solicited comments on a potential revision to NAICS for 2007, but additional information about the revision is not yet available.
Parker (2001) reported on the impact of the incorporation of NAICS into selected economic indicators.
Server Forecast, 2003-2007: Segmentation of the Opportunity by Price Band and NAICS Supersector (IDC #31223), is the first attempt to address the SIC-to-NAICS conversion in the U.