"The North American Classification System (NAICS) is a system for classifying production units by type of economic activity. It was developed by the statistical agencies of Canada, Mexico and the United States in order to facilitate the collection, tabulation, analysis and dissemination of industry statistics and allow three-country uniformity and comparability of such data. NAICS is also widely used by government agencies, trade associations, public and private sector businesses and various other organizations." - Statistics Canada.
The most current version of NAICS is NAICS 2012.
The Standard Industrial Classification was replaced by NAICS, however it is still used in many resources.
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