NAICS Code Lookup
NAICS Code Lookup
In the beginning, the Standard Industrial Classification (SIC) advanced within the 1930s to categorize institutions by way of the hobby in which they are mainly engaged and to sell the comparison of status quo facts describing numerous aspects of the U.S. Financial system.
The SIC covers the complete area of financial activities by defining industries by the composition and shape of the economic system. Over the years, it became revised periodically to mirror the financial system’s changing industry composition and business enterprise.
In latest years, rapid changes in each the U.S. And world economies delivered the SIC beneath growing complaint. Furnished a discussion board for exploring the troubles and thinking about new procedures for classifying carrying out a “sparkling slate” exam of financial brand new industry class machine for the U.S. based totally on an available economic concept. A March 31, 1993, Federal Register word (pp. 16990-17004) introduced OMB’s goal to revise the SIC for 1997, the established orde-overall shape of special “4-digit” industries within the financial principles.
NAICS industries are diagnosed by a 6-digit code, in assessment to the 4-digit SIC code. The longer code contains a larger variety of sectors, allowing extra flexibility in designating subsectors. It also affords extra elements only sometimes suitable for all three NAICS nations. The global NAICS agreement fixes handiest the primary five digits of the code. The sixth digit, wherein used, identifies subdivisions of NAICS industries that accommodate consumer needs in person countries. Thus, 6-digit U.S. Codes may additionally range from counterparts in Canada or Mexico; however, on the 5-digit level, they’re standardized.
CodeIndustry TitleNumber of
US Entities11Agriculture, Forestry, Fishing and Hunting367,82421Mining32,26822Utilities48,62623Construction1,514,28231-33Manufacturing657,32242Wholesale Trade697,20144-45Retail Trade1,818,11248-49Transportation and Warehousing656,66551Information370,88752Finance and Insurance772,23953Real Estate Rental and Leasing894,07954Professional, Scientific, and Technical Services2,412,47055Management of Companies and Enterprisesseventy nine,11456Administrative and Support and Waste Management and Remediation Services1,654,78261Educational Services428,33162Health Care and Social Assistance1,698,63571Arts, Entertainment, and Recreation380,46772Accommodation and Food Services899,72881Other Services (except Public Administration)1,923,73992Public Administration259,259Total US Business Entities17,566,030Many of the new sectors reflect recognizable elements of SIC divisions, along with the Utilities and Transportation sectors, damaged out from the SIC departmen6t shape several new sectors, as the chart below proves.
It consists of fundamental components from records offerings, movement photos and sound recording). The Accommodation and food services sector collectively places inns and different accommodations locations from Service Industries and ingesting and ingesting places from Retail Trade.
NAICS Sector to SIC Divisions
The chart underneath suggests the NAICS sectors and the SIC divisions from which their number one additives had been derived. Text connected from the chart discusses the makeup of the brand-new sectors in extra detail.
CodeNAICS SectorsSIC Divisions11Agriculture, Forestry, Fishing & HuntingAgriculture, Forestry & Fishing21MiningMining23ConstructionConstruction31-33ManufacturingManufacturing22UtilitiesTransportation, Communications & Public Utilities48-49Transportation & WarehousingTransportation, Communications & Public Utilities42Wholesale TradeWholesale Trade44-45Retail TradeRetail Trade72Accommodation & Food ServicesRetail Trade52Finance & InsuranceFinance, Insurance & Real Estate53Real Estate & Rental & LeasingFinance, Insurance & Real Estate51InformationServices54Professional, Scientific & Technical ServicesServices56Administrative & Support & Waste Management & Remediation ServicesServices61Education ServicesServices62Health Care & Social AssistanceServices71Arts, Entertainment & RecreationServices81Other Services (besides Public Administration)Services92Public AdministrationPublic Administration55Management of Companies & Enterprises(parts of gain comparison with Canada and Mexico. Seventy-nine new industries are recognized; some others are compared with 459 in the 1987 SIC. The maximum vast alternative to production is the introduction of the Computer and Electronic Product Manufacturing sub-region. This new sub-zone brings together those establishments engaged in the Manufacturing of computer systems, pc peripherals, communications systems, comparable digital merchandise, and the components for such merchandise. The sub-quarter was created because of the economic significance those industries have obtained due to the fact their rapid growth shows that the products of those industries turn into even more crucial to the economies of the North American international locations and because the production processes of the establishments in these industries are essentially different from the manufacturing strategies for other equipment and system.
Various vital activities have been moved out of production, even as other sports have moved in. Publishing has moved to the new Information region idea and custom production.
Retail & Wholesale Trade
NAICS redefines the limits among Retail and Wholesale Trade. The new NAICS definition emphasizes what the established order does, in place of to whom it sells. Retailers are those institutions that sell products, commonly without transformation, and entice customers with the usage of strategies along with advertising, point-of-sale place, and display of merchandise. A shop store has a promoting place open to the public; products on display or to be had via income clerks; centres for making cash or credit score card transactions; and services supplied to retail clients.
Wholesale institutions, alternatively, are by and large engaged in promoting or arranging the purchase or sale of:
Goods for resale.
Capital or long-lasting non-purchaser goods.
Uncooked and intermediate materials and elements utilized in Manufacturing.
Wholesalers commonly function as products. In addition, neither the design nor the place of the premises is meant to solicit walk-in visitors. Wholesalers also only generally use marketing directed to the general public.
The 1987 SIC defined stores as those institutions that bought on the whole to purchasers simultaneously as wholesalers have been the ones that bought on the whole to business clients. The difference among the limits of the two SIC divisions turned based on the elegance of the purchaser as opposed to the promoting traits of the established order. It is expected that seven per cent of laptop wholesalers; 22 per cent of office supply wholesalers; 35 per cent of farm supply wholesalers; and fifty-seven per cent of petroleum bulk stations will pass to Retail.
Another major change to the retail exchange area is removing eating places from a retail exchange. Restaurants are combined with lodges to form a brand new sector in NAICS, Accommodation and Foodservices. Restaurants accounted for approximately 10 per cent of retail change as described using the 1987 SIC.
The maximum vital change in NAICS is the popularity of a brand-new Information zone. This new zone consists of the institutions that create, disseminate, or offer the manner to distribute facts. It also consists of establishments that provide information processing services. Industries protected in this new area are:
Newspaper, ebook, and periodical publishers were previously blanketed inside the production zone inside the SIC.
Software publishers, formerly included in offerings.
Broadcasting and telecommunications producers and vendors were previously covered with utilities and transportation.
Movement photograph and sound recording industries, statistics offerings, and facts processing services were previously covered in sub-quarter, 20 of which might be new. Some new industries include paging, mobile and other wi-fi telecommunications, and satellite tv for pc telecommunications.
Finance & Insurance
This new area acknowledges the vital and dynamic modifications occurring in the U.S. Monetary quarter. Real property–a part of this SIC grouping– moved to a new area called Real Estate and Rental and Leasing. Deregulation and the continuously converting structure of financial industries made it difficult for most of the three nations to assemble a device. Therefore, the agreement with Mexico for this quarter best reaches the three-digit stage (sub-sector) for Finance and the 4-digit degree (enterprise institution) for insurance. However, Canada and the United States settled down to the 5-digit level.
Real Estate and Rental and Leasing
This area comprises industries from Services; Finance, Insurance, Real Estate, and Transportation, Communications.
Those corporations whose essential input is human capital are grouped collectively in this new area. The industries inside this zone are every described using the expertise and schooling of the carrier issuer. The region consists of such industries as workplaces of legal professionals, engineering offerings, architectural services, and offerings.
Administrative & Support, Waste Management & Remediation Services
This quarter includes industries from Services, Transportation, Communications, and Utilities; Construction, Agriculture, Forestry, and Fishing.
Health Care & Social Assistance
This new zone acknowledges that it’s miles now and again tough to differentiate among the bounds of health care and social help; consequently, NAICS groups these industries together in a brand new Health and Social Assistance quarter. The industries are grouped from those supplying and imparting minimum fitness care with social help to those providing the handiest social help.
There are 39 industries in this new region, 27 of which are new. Some quarter additionally consists of ambulance services transferred from Transportation, Communications, and Public Utilities.
Accommodation & Food Services
This quarter consists of accommodations from Services and meal offerings from Retail Trade.
Arts, Entertainment & Recreation
Those organizations meeting their purchasers’ cultural, leisure, and recreational pastimes are grouped in this new quarter. Casinos and different playing organizations are identified as websites and sports groups, and clubs. There are 25 industries in the region, most of which are new — 19 in all. While a maximum of the industries in the zone come from the SIC Services department, others come from Retail Trade and Finance. In
This quarter consists of industries from Services; Agriculture, Forestry, Fishing, and Manufacturing; and Finance, Insurance, and Real Estate.
Auxiliary establishments are the establishments that usually produce support offerings for different establishments of the organization. Generally, those aid services are not supposed to be used out of the corporation’s doors. In NAICS, these establishments are classified with the established order’s number one activity. For example, an established order offering information A status quo is the pinnacle office of a corporation, which is classed within the new NAICS enterprise 551113, Corporate, Subsidiary, and Regional Managing Offices. In the 1987 SIC, each of those institutions was categorized according to the number one pastime of the established order for which the help activity was performed. In the above examples, if those aid units normally served an automobile-making plant, the support establishment was labelled in automobile production.
The SIC handled the Manufacturing of goods for other establishments of the identical corporation differently. If a manufacturing establishment produces items for use in the organization, the producing status quo becomes labelled consistent with its number one hobby, now different from the number one interest of the establishment it served. This specific treatment of carrier producing instead of auxiliary production institutions became inconsistent with whom they serve. The production-orientated idea of NAICS mandated this variation.
This change will result in big shifts in employment facts. In 1992, Census statistics confirmed over 1,000,000 auxiliary personnel assigned to production and over 840,000 auxiliary personnel assigned to retail change. These personnel are most likely to move to either the Management of Companies and Enterprises region; the Warehousing and Storage sub-quarter; the Computer Systems Design and Related Services sub-zone; the Accounting, Tax Preparation, Bookkeeping and Payroll Services sub-quarter; or a few other offerings-related sub-zones. For the 1997 Economic Census, those auxiliary institutions will be twin coded via number one interest and with the aid of whom they serve. The records might be shown separately to provide facts to customers with essential hyperlinks to introductory statistics.
Production-orientated or deliver-based conceptual framework. This method that generates units that use the same or comparable manufacturing strategies could be grouped collectively in NAICS.
The gadget will give special interest to developing production-oriented classifications for (a) new and rising industries, (b) service industries in popular, and (c) industries engaged within the Manufacturing of superior technology.
Time collection continuity can be maintained to the quantity viable. However, adjustments in the financial system and suggestions from records customers should be considered. In addition, adjustments might be required for sectors wherein Canada, Mexico, and the United States currently have incompatible industry-type definitions for you to produce a commonplace industry system for all 3 North American international locations.
Three-united states comparability of the North American Industry Classification System (NAICS) 2002
NAICS 2002 has a 5-digit class structure, with a six-digit for countrywide industries. With some critical exceptions, it affords a fixed of fashionable 5-digit industries that describe the economic aggregation ranges wherein agreement happened in some of the three countries on a well-suited type. Below the agreed-upon stage of compatibility, every country has brought different certain six-digit industries, as necessary to fulfil countrywide desires, supplied that this additional element aggregates to the NAICS stage. Exceptions to the 5-digit enterprise degree NAICS compatibility guideline are shown underneath in a table.
Exceptions to the rule of thumb of 5-digit industry stage NAICS 2002 comparison
NAICS Level Ends At:2-Digit SectorWholesale Trade; Retail Trade; and Public Administration.3-Digit Sub regio, Grantmaking, Civic, Professional and other Similar Organizations. Four-Digit Industry GroupFinance (besides sub-area 522), and Insurance: Real Estate
* Subzone 526 in Finance is a NAICS Canada sub-sector only.
Separate agreements supplying special enterprise comparability between Canada and America have been reached for the utilities, retail change, and finance and insurance sectors.
DIFFERENCES IN NAICS 2002 MANUALS
Classes underneath the NAICS level are specific to each u. S . And do now not show up in the different countries’ NAICS Manuals.
Differences between those codes in NAICS Canada, NAICS US, and SCIAN Mexico reflect:
Differences in relative length which lets in for more countrywide enterprise elements in decided sectors (e.g., Manufacturing in the United States)
Classes that are analytically vital to at least one U. S . A . For cultural, monetary or institutional reasons (e.g., Cultural Industries in Canada)
Detail each united states of America has selected to fill inside the type underneath the NAICS degree.
I have limited time and resources to be had for growing NAICS.
The national detail inside the NAICS Canada and NAICS US Manuals are often comparable. Note that residual 6-digit lessons can lead to an eight or a nine. Within each area, the USA, with the larger quantity of 6-digit training, identified their residual instructions with a code ending in nine. As a rule, the 6-digit training of the three countries brings the equal code after they talk with comparable industries and unique codes after they consult with distinctive industries. However, in uncommon times, while the combined range of Canadian and U.S. 6-digit instructions exceeded 10, this resulted in an identification code for lessons with exclusive content. There are three simplest such cases, viz:
NAICS Canada 2002CodeNAICS U.S. 2002Other Printing323119Other Commercial PrintingAll Other Miscellaneous Fabricated Metal Product Manufacturing332999All Other Miscellaneous Fabricated Metal Product Manufacturing
In the posted paper model (12-501-XPE), comparable NAICS classes are identified by way of using the subsequent superscripts:
SymbolExplanationCANCanadian industry onlyMEXCanadian and Mexican industries are comparableUSCanadian, and United States industries are similar.