How does NAICS handle market-based rather than production-based statistical classifications?
A new North American Product Classification System (NAPCS) is under development, as a complementary system to NAICS. Whereas NAICS focuses on the input and production processes of industries, NAPCS will classify all the outputs of the industries defined in NAICS. The long-term objective of NAPCS is to develop a market-oriented, or demand-based, classification system for products that (a) is not industry-of-origin based but can be linked to the NAICS industry structure, (b) is consistent across the three NAICS countries, and (c) promotes improvements in the identification and classification of service products across international classification systems, such as the Central Product Classification System of the United Nations. For more information visit the NAPCS website.
