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 One part of the enterprise support industry. 53 Real Estate and Rental and Leasing Real estate sales are parts of the market-exchange industry; rental and leasing are parts of 54 Professional, Scientific, and Technical Services Accounting, administrative service, banking, insurance, investment management, and legal service are a part of the enterprise support industry; the others are a part of the live-sustaining industry. 55 Management of Companies and Enterprises Another part of the enterprise support industry. 56 Administrative and Support and Waste Management and Remediation Services Waste disposal is a part of the infrastructure industry. Accounting, administrative service, banking, insurance, investment management, and legal service are a part of the enterprise support industry. The others are a part of the live-sustaining industry. 61 Educational Services Altogether with the community outreach, included into the human development industry 62 Health Care and Social Assistance 71 Arts, Entertainment, and Recreation - 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
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
