Industrial classification

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 into industries.

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. Some government agencies such as the United States Securities and Exchange Commission historically use the Standard Industrial Classification (or SIC) system.

Sector #	Description	Comparison with CNMIC
11	Agriculture, Forestry, Fishing and Hunting	One part of the raw materials industry
21	Mining, Quarrying, and Oil and Gas Extraction	Another part of the raw materials industry
22	Utilities	Energy, electricity, gas, as well as water service are parts of the infrastructure industry
23	Construction	A part of the infrastructure industry
31-33	Manufacturing	No difference
41/42	Wholesale Trade (41 in Canada; 42 in the United States)	One part of the market exchange industry
44-45	Retail Trade	Another part of the market exchange industry
48-49	Transportation and Warehousing	CNMIC includes warehousing into transportation since warehouses are not designed to be final destinations.
51	Information	CNMIC introduces the digital industry, which excludes those information services such as paper book libraries that are not based on computers.
52	Finance and Insurance	Enterprise support industry Banking Insurance Investment management Accounting Legal service Management consulting
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	Waste disposal is a part of the infrastructure industry Live-sustaining industry Hospitality, tourism Entertainment, gambling, gaming Accommodation service Food service Beverage service Real estate service, rental service Property operator service Technical service Administrative service, library Cleaning service, pest control Performing arts service Recreation service Heritage activity Sports activity Property administration, repair service, maintenance service Printed media
61	Educational Services	Human development industry Education School education Tertiary education Vocational training Community outreach
62	Health Care and Social Assistance	Healthcare industry Pharmacy Hospitals Healthcare Service
71	Arts, Entertainment, and Recreation
72	Accommodation and Food Services
81	Other Services (except Public Administration)
92	Public Administration	Public service industry Defense Public Administration Public safety Social assistance

CNM classification

Main wikipage: CNM industry classification