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Identify Your Industry
Identify Your Industry
The North American Industry Classification System (NAICS) is the standard used by Federal agencies in Canada, Mexico and the United States to classify businesses based on their type of economic activity. NAICS codes are self-assigned by businesses.
Image Source: IBISWorld
Selecting your primary NAICS code is an important step in business planning. It is often required for taxes and accessing government incentives, and it is very useful for finding information in your industry research.
What is my NAICS code?
- IBISWorld NAICS Tools
Use IBISWorld to learn about NAICS and determine your business's code
- NAICS Search
Search for an industry using a keyword or 2-6 digit code.
Find Industry Profiles
- IBISWorld This link opens in a new window
Provides in-depth analysis of over 700 U.S. industries at the national and state level. Global industry reports are particularly strong in the manufacturing sector.
- NetAdvantage This link opens in a new window
Open the Industry Surveys tab and find your industry in the Select a GICS Industry list. Industry reports are comprehensive and include references and detailed analysis.
Find Industry Data
- Statista This link opens in a new window
Providing statistical data for over 170 industries in 50 countries.
- U.S. Bureau of Economic Analysis Industry Data
Analysis of economic performance of industries, including GDP, input, output, employment, and production data - U.S. Bureau of Labor Statistics Industry Data
Workforce, wage, and price statistics by industry.
Trade and Industry Associations
Trade and industry associations are organizations made up of businesses from specific industries or sectors. Many trade and industry associations conduct research, publish educational materials, and engage in a variety of public relations and political activities. Their websites can be sources of data and information useful for industry research.
A simple Google search for an industry term + "trade association" can help you find trade associations relevant to an industry.
Examples:
