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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 .
NAIC staff supports these efforts and represents the collective views of state regulators domestically and internationally. NAIC members, together with the central resources of the NAIC, form the national system of state-based insurance regulation in the U.S. The NAIC is an Internal Revenue Code Section 501(c)(3) non-profit organization.
NAICS classified establishments (workplace) by their main output, instead of classifying them with the larger firm or organization of which the establishment was a part. This gives more precise information on establishment and worker activities than the SIC system, but changed the meaning of the classifications somewhat, making some time series ...
NAIC’s complaint index shows the number of complaints lodged against a company, broken down by product line. With a benchmark index of 1.0, anything above that indicates a higher number of ...
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.
Categorization, reporting, and transparency are all key goals and benefits of this coding structure. The NIGP Code currently exists in English and Spanish versions. Cross references have been created for the NAICS, UNSPSC and MCC codesets. Version 24 is the current release for printed materials.
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).
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