Overview of U.S. NAICS Codes

What are NAICS Codes?

NAICS, or the North American Industry Classification System, is a standardized system used by federal statistical agencies to classify business establishments in the United States, Canada, and Mexico. It organizes industries into hierarchical categories based on their economic activities.

Structure of NAICS Codes

NAICS codes are six-digit numbers that define industries at increasing levels of detail:

  • Sector: Broad categories such as Agriculture, Manufacturing, and Retail Trade.

  • Subsector: Further divisions within sectors, refining industry focus.

  • Industry Group: Specific groups of related activities within subsectors.

  • NAICS Industry: Detailed industries sharing common production processes.

  • National Industry: Fine-level distinctions for specific establishments.

Benefits and Uses

  1. Data Standardization: Enables consistent collection and comparison of economic statistics.

  2. Market Research: Essential for understanding industry trends and market size.

  3. Business Planning: Helps businesses identify competitors and plan strategically.

Exploring NAICS Codes

  • Search Results: Discover NAICS code insights for market research and economic analysis.

  • Directory Pages: Find NAICS codes by sector with state-level comparisons for employment and establishment data.

  • Detail Pages: Explore detailed industry information, from employment numbers to economic impacts at regional levels.

Major Economic Sectors

NAICS categorizes industries into sectors including:

Conclusion

Understanding U.S. NAICS Codes is essential for anyone involved in economic analysis, market research, or business planning. Visit naicscodelookup.org to explore specific industries and their economic impacts in more detail.

Previous
Previous

How the US Ranks Globally in Data Transparency and Openness

Next
Next

Exploring NYC Vital Records: A Comprehensive Guide