NAICS

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Related to North American Industry 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.
References in periodicals archive ?
Note: The North American Industry Classification System groups this industry under "computer and electronic product manufacturing."
Among the challenges the authors faced was developing a crosswalk between the "service type" categories used to compile trade statistics and the North American Industry Classification System (NAICS) used in employment statistics.
However, in applying the second prong, it rejected the taxpayer's use of the patent law classification system in grouping the exchanged patents into one of four broad groups (machine, process, manufacture and composition of matter) and instead applied the six-digit North American Industry Classification System (NAICS) product codes (applicable in determining like-class for depreciable tangible personal property) in determining whether the underlying properties were like-kind.
[section] 1.1031(a)-2(b)(3), property within a Product Class consists of depreciable tangible personal property that is described in a six-digit Product Class determined under the North American Industry Classification System (NAICS), subject to certain exceptions.
On March 11, 2005, OMB announced it was seeking public comment on the proposed North American Industry Classification System (NAICS) updates for 2007.
Our database for rail transportation prices extends back only as far as December 1996, thanks to the federal government's recent conversion from the Standard Industrial Classification (SLC) to the North American Industry Classification System (NAICS).
The disaggregation of manufacturing employment according to the North American Industry Classification System (NAICS) confirms that the number of industries with a positive employment growth rate has increased in 2004.
Two previous articles in this column have reviewed the status of the incorporation by Federal statistical agencies of the North American Industry Classification System (NAICS) to replace the Standard Industry Classification System (SIC).' This article describes the incorporation of NAICS last December by the Federal Reserve Board (FRB) into the industrial production and capacity utilization indexes and by the Bureau of Economic Analysis (BEA) into the benchmark 1997 input-output accounts.
The 2002 Economic Census will be compatible, with the North American Industry Classification System, which includes a separate-code for remodeling.
17 statistical release, moving to the 2002 North American Industry Classification System (NAICS) from the previous 1987 Standard Industrial Classification (SIC) system.
The survey, MA333P in the Current Industrial Reports series, includes all domestic producers of pumps and compressors classified in the North American Industry Classification System codes 333911, "Pumps and Pumping Equipment Manufacturing," and 333912, "Air and Gas Compressor Manufacturing."
Research and development gets a boost in the North American Industry Classification System (NAICS), which has recently replaced the U.S.

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