Definitions for "NAICS"
North American Industrial Classification System. NAICS is a classification scheme which is a successor to the Standard Industrial Classification(SIC) system and which provides a standardized series of industry codes to be used for the U.S.,Canada and Mexico.
North American Industrial Classification System. On April 9, 1997, the US Office of Management and Budget (OMB) announced its decision to adopt the North American Industry Classification System (NAICS pronounced Nakes) as the industry classification system used by the statistical agencies of the United States. NAICS replaces the 1987 Standard Industrial Classification (SIC) and is used by the United States, Canada, and Mexico. Terms Glossary Definition
North American Industrial Classification System. Industry Classification between Canada, the United States and Mexico to increase compatibility of data with these countries. The classification is based on establishment rather than commodity. This classification system will be implemented with reference to year 1997 and data will be available in 1999.