North American Industry Classification System (NAICS)

What is North American Industry Classification System (NAICS)?

North American Industry Classification System (NAICS) meaning A new classification scheme, developed by the Office of Management and Budget to replace the Standard Industrial Classification (SIC) System, that categorizes establishments according to the types of production processes they primarily use.

 

reference: Glossary – U.S. Energy Information Administration (EIA)

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North American Industry Classification System (NAICS)

What is North American Industry Classification System (NAICS)?

North American Industry Classification System (NAICS) meaning industry classification system used by federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. economy

 

reference: Bureau of Labor Statistics – Occupational Outlook Handbook

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