Nov 15, 2024 · What is a NAICS Code? A NAICS Code is a unique identifier within the North American Industry Classification System, crafted for the meticulous organization and analysis of economic data …

NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the Standard Industrial Classification (SIC) system.

Sep 3, 2002 · NAICS doubles the number of top-level groupings of industrial classification. The highest level of NAICS classification is called the sector, and corresponds roughly to the division in SIC. …

Jul 11, 2025 · What is a NAICS code? NAICS stands for North American Industry Classification System. Your NAICS code is a 6-digit code used to identify your business’s industry and its most specific level.

Your NAICS code is a six-digit number that identifies your business's primary activity. While it might feel like bureaucratic paperwork, choosing the correct code is important because it can affect your …

Feb 25, 2025 · Your NAICS code is more than a classification—it’s your gateway to federal contracts. Whether you're bidding on contracts, qualifying for set-asides, or analyzing your competition, keeping …

Dec 4, 2025 · A NAICS code is a six-digit identifier that categorizes your LLC by its primary business activity. You’ll mostly need it to secure government contracts and tax incentives.

It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC).

Jan 1, 2013 · What is a NAICS Code? The North American Industry Classification System (NAICS) is a vital tool used by businesses and governments to classify and measure economic activity across the …

Sep 29, 2025 · NAICS replaced the older U.S. Standard Industrial Classification (SIC) system, providing a more flexible, six-digit coding structure that classifies economic activity into 20 sectors.