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The North American Industry Classification System or NAICS (/ neɪks /) [ 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. It has largely replaced the older Standard Industrial Classification ...
Industry classification. Industry classification or industry taxonomy is a type of economic taxonomy that classifies companies, organizations and traders into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets. National and international statistical agencies use various ...
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.
In the 1930s, the government needed standardized and meaningful methods to measure, analyze and share data across its various agencies. Thus, the Standard Industrial Classification system was born. SIC codes are four-digit numerical representations of major businesses and industries. SIC codes are assigned based on common characteristics shared ...
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. NAPCS is a multi-phase effort by Canada, Mexico, and the United States to develop a comprehensive ...
Merchant category code. A merchant category code (MCC) is a four-digit number used for retail financial services to classify a business by the types of goods or services it provides. Codes are specified by the ISO 18245 standard.
NAICS 11. NAICS sector 11 (abbreviated to NAICS 11) is a sub-classification of economic activity that covers agriculture, forestry, fishing and hunting in the North American Industry Classification System (NAICS) system in Canada, the United States and Mexico . The Agriculture, Forestry, Fishing and Hunting sector comprises establishments ...
NAICS 21 is the category within the North American Industry Classification System which is composed of establishments that extract naturally occurring mineral solids (i.e. as metals, coal and other industrial minerals), liquid minerals (i.e. crude petroleum) and gases (i.e. natural gas). [1]