NAICS

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Related to North American Industrial Classification System: Standard Industrial Classification

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.

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Industrial production and capacity utilization will continue to be based on the 1987 Standard Industrial Classification (SIC) until the 2002 annual revision, after which they will be constructed from the North American Industrial Classification System (NAICS).

Industrial production and capacity utilization for August 2001

The Small Business Administration (SBA) has issued its final rule to waive the Nonmanufacturer Rule for standard industrial classification code 3562, North American Industrial Classification System 332991, for annular ball bearings, cylindrical ball bearings, linear ball bearings, linear roller bearings, needle roller bearings, ball or roller bearing races, roller bearings, tapered roller bearings, and thrust roller bearings.

Waiver of Nonmanufacturer Rule

This is the first set of tables from the annual Survey of Industrial Research and Development that employ the new North American Industrial Classification System (NAICS).

Research and Development in Industry: 1999

The North American Industrial Classification System (NAICS) code is 541611 and the small business size standard is $15.

Provision of Fiscal Agent

It incorporates a North American Industrial Classification System (NAICS) search process to identify high, medium and low risk business types.

BANKDetect Introduces RiskTracker-ID/CIP; Web-Based Customer-Screening Solution Meets Industry Need for Efficient Due Diligence and Compliance