Industry Classif ication

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Industry Classif ication

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Industry Classif- ication. Economic Census Table. Data classified by industry ... Discount department stores. Electronic shopping. Electronic auctions ... – PowerPoint PPT presentation

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Title: Industry Classif ication


1
Industry Classif- ication
2
Economic Census Table
  • Data classified by industry

3
Standard Industrial Classification System
  • Developed in 1930's
  • Updated every 10-15 years
  • Dominated by manufacturing

SIC
4
NAICS
North American Industry Classification System
5
NAICS
  • North
  • American
  • Industry
  • Classification
  • System

6
NAICS is New
  • New industries
  • New sectors
  • New numbering system

7
New Industries in NAICS - 97
  • Selected examples

Fiber optic cable manufacturing Paging Warehouse
clubs Food/health supplement stores Telemarketing
bureaus HMO medical centers Diet and weight
reducing centers
8
NAICS Sectors
  • 11 Agriculture, Forestry,
    Fishing, and Hunting 21 Mining 22
    Utilities 23 Construction 31-33
    Manufacturing 42 Wholesale Trade 44-45
    Retail Trade 48-49 Transportation and
    Warehousing 51 Information 52
    Finance and Insurance 53 Real Estate and
    Rental and Leasing
  • 54 Professional, Scientific and Technical
  • Services
  • 55 Management of Companies and Enterprises
  • 56 Administrative and Support
  • and Waste Management and
  • Remediation Services
  • 61 Educational Services
  • 62 Health Care and Social Assistance
  • Arts, Entertainment and
  • Recreation
  • Accommodation and
  • Food Services
  • Other Services (except
  • Public Administration)
  • 92 Public Administration

9
New Numbering System
10
New Numbering System
Description
Code
Level
  • Example

Information
51
Sector
Broadcasting Telecommunications
513
Subsector
Telecommunications
5133
Industry Group
Wireless Telecommunications
51332
Industry
Paging
513321
U.S. Industry
11
New Sectors
SIC Division
NAICS Sector
Transportation,
Utilities
Communications,
Transportation and Warehousing
and Utilities
Finance,
Finance and Insurance
Insurance,
Real Estate and Rental and Leasing
Real Estate
Retail Trade
Retail Trade
Accommodations and Food Services
Service
Professional, Scientific, and Technical Svc
Industries
Administrative Support and
Waste Management Remediation Svcs
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Information
12
New Sectors
SIC Division
NAICS Sector
Transportation,
Utilities
Communications,
Transportation and Warehousing
and Utilities
Finance,
Finance and Insurance
Insurance,
Real Estate and Rental and Leasing
Real Estate
Retail Trade
Retail Trade
Accommodations and Food Services
Service
Professional, Scientific, and Technical Svc
Industries
Administrative Support and
Waste Management Remediation Svcs
Educational Services
Health Care and Social Assistance
Arts, Entertainment, and Recreation
Information
13
Information Sector
  • Created from

Manufacturing Publishing Transportation,
Communication, and Utilities Broadcasting and
Telecommunications Service Industries Motion
Picture and Sound Recording Information Services
and Data Processing - Libraries
14
Accommodation and Food Services
  • Created from

Service Industries Hotels and other
lodging Retail Trade Eating and drinking
places
15
Retail vs Wholesale
Retail Trade In SIC Sells to consumers In
NAICS Location attracts public Advertise to
public Display merchandise
Wholesale Trade Sells to business Office or
warehouse Advertise to trade Display little or no
merchandise
16
Two Views of 1997 Retail Trade
17
Two Views of 1997 Retail Trade
18
Establishment
  • A store, warehouse, factory, etc. at a single
    physical location

19
Company
  • One or more establishments under common
    ownership or control

20
NAICS Manual
In print On CD At www.census.gov
  • Definition for each industry
  • Alphabetic index
  • Correspondence tables
  • 2002 Edition
  • NAICS02 to NAICS97
  • NAICS97 to NAICS02
  • 1997 Edition
  • NAICS97 to SIC
  • SIC to NAICS97

21
NAICS to SIC correspondence
22
NAICS to SIC - SIC to NAICS
23
NAICS definition
24
Bridge between NAICS and SIC
25
Assembling Time Series
  • SIC 1987 1992 (1997)
  • NAICS 1997 2002 2007

26
Changes for NAICS 2002
  • Construction
  • Wholesale Trade
  • Retail Trade (E-tailing)
  • Information (Internet publishing)

Implemented in 2002 Economic Census (published
2004-6)
27
New Industries in NAICS - 02
  • Selected examples

Residential remodelers Siding contractors Business
-to-business electronic markets Discount
department stores Electronic shopping Electronic
auctions Internet publishing and broadcasting
28
www.census.gov/naics
29
Software index entries
30
NAICS definition (Software Publishers)
31
Search results showing 2002 and 1997 codes
32
www.census.gov/naics
33
Transition to next segment
North American Industry Classification System
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