What is a NAICS Code and Why do I Need One?

North American Industry Classification System manual.

A NAICS (pronounced NAKES) code, or North American Industry Classification System code, is a six-digit number used to classify businesses by industry. Federal agencies use these codes to collect and analyze economic data. Businesses rely on NAICS codes for market research, government contracts, and tax incentives. This article will explore what is a NAICS code, …

Read more

Changes from 2012 to 2017 NAICS Structures: The Highlights

Text image reads "NAICS 2012 Changes NAICS 2017" against a gray background with a pixelated pattern.

NAICS Changes for 2017   Highlights of Impending NAICS Changes  Include: Crude Petroleum and Natural Gas Extraction (2012 NAICS Code 211111) will be broken into two new codes in 2017. These codes will be 211120, Crude Petroleum Extraction and 211130, Natural Gas Extraction. Also, Natural Gas Liquid Extraction, (2012 NAICS Code 211112) will become NAICS …

Read more