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use the NAICS?

April 26, 2017NAICS

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use the NAICS?

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Federal statistical agencies use the NAICS to classify business establishments for the collection and analysis of data used to measure U.S. economic activity. NAICS replaced the Standard Industrial Classification (SIC) system in 1997. NAICS facilitates economic analyses which include producing information on inputs and outputs, industrial performance, productivity, unit labor costs, and employment. More information on the NAICS is found here.