Difference between revisions of "Industrial classification"

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===North American Industry Classification System==
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===North American Industry Classification System===
 
:The [[North American Industry Classification System]] (also known by its acronym, [[NAICS]]) is the primary ''Taxonomy'' used by government and business in Canada, Mexico, and the [[United States of America]]. Some government agencies such as the [[United States Securities and Exchange Commission]] historically use the [[Standard Industrial Classification]] (or [[SIC]]) system.
 
:The [[North American Industry Classification System]] (also known by its acronym, [[NAICS]]) is the primary ''Taxonomy'' used by government and business in Canada, Mexico, and the [[United States of America]]. Some government agencies such as the [[United States Securities and Exchange Commission]] historically use the [[Standard Industrial Classification]] (or [[SIC]]) system.
  

Revision as of 22:06, 4 August 2019

An industrial classification (alternatively known as industry classification and industry taxonomy; hereinafter, the Taxonomy) is any economic taxonomy that groups organizations based on their products and/or production processes, as well as on their selling, marketing, and/or social appealing techniques.

Key Taxonomies

North American Industry Classification System

The North American Industry Classification System (also known by its acronym, NAICS) is the primary Taxonomy used by government and business in Canada, Mexico, and the United States of America. Some government agencies such as the United States Securities and Exchange Commission historically use the Standard Industrial Classification (or SIC) system.


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. 2012 NAICS Sectors[2] Sector # Description 11 Agriculture, Forestry, Fishing and Hunting 21 Mining, Quarrying, and Oil and Gas Extraction 22 Utilities 23 Construction 31-33 Manufacturing 41/42 Wholesale Trade (41 in Canada,[3] 42 in the United States[2]) 44-45 Retail Trade 48-49 Transportation and Warehousing 51 Information 52 Finance and Insurance 53 Real Estate and Rental and Leasing 54 Professional, Scientific, and Technical Services 55 Management of Companies and Enterprises 56 Administrative and Support and Waste Management and Remediation Services 61 Educational Services 62 Health Care and Social Assistance 71 Arts, Entertainment, and Recreation 72 Accommodation and Food Services 81 Other Services (except Public Administration) 92 Public Administration

CNM classification

Main wikipage: CNM industry classification