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The North American Industry Classification System or NAICS (/ n eɪ k s /) [1] is a classification of business establishments by type of economic activity (the process of production). It is used by governments and business in Canada, Mexico, and the United States of America.
The Standard Industrial Classification (SIC) is a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas.
Industry classification or industry taxonomy is a type of economic taxonomy that ... North American Industry Classification System: Governments of the United States ...
The North American Product Classification System (NAPCS) is a classification system used by Canada, Mexico, and the United States to classify products produced by industries in those countries. It was scheduled to be implemented from 2007 onwards.
An economic taxonomy is a system of classification of economic activity, including products, companies and industries. Some economists believe that the study of economic policy demands the use of a taxonomic/classificatory approach. [1]
Thus, (*) the 1997 data are based on a slightly different classification than the 2007 and 2002 data. Number of establishments by sector in the United States economy in 1997, 2002, and 2007. Value of sales, shipments, receipts, revenue, or business done by sector in the United States economy in 1997, 2002, and 2007.
The Global Industry Classification Standard (GICS) is an industry taxonomy developed in 1999 by MSCI and Standard & Poor's (S&P) for use by the global financial community. The GICS structure consists of 11 sectors, 25 industry groups, 74 industries and 163 sub-industries [1] into which S&P has categorized all major public companies.
NAICS refers to the North American Industry Classification System adapted by the U.S. Census bureau in 1997. SIC refers to the older Standard Industrial Classification system that was established in 1937. Either NAICS or SIC can be used to identify firms by industry.