Industrial classification

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An industrial classification (alternatively known as industry classification and industry taxonomy; hereinafter, the Taxonomy) is any economic taxonomy that groups businesses based on their products and/or production processes, as well as on their selling, marketing, and/or social appealing techniques into industries.


Significant alternatives

NAICS

Main wikipage: NAICS
The North American Industry Classification System (also known by its acronym, NAICS) is the primary Taxonomy used by government and business in Canada, Mexico, and the United States. Some government agencies such as the United States Securities and Exchange Commission historically use the Standard Industrial Classification (or SIC) system.
Sector # Description Comparison with CNMIC
11 Agriculture, Forestry, Fishing and Hunting One part of the raw materials industry
21 Mining, Quarrying, and Oil and Gas Extraction Another part of the raw materials industry
22 Utilities Energy supply, electricity, gas, as well as water supply and construction are parts of the infrastructure industry
23 Construction
31-33 Manufacturing No difference
41/42 Wholesale Trade (41 in Canada; 42 in the United States) One part of the market exchange industry
44-45 Retail Trade Another part of the market exchange industry
48-49 Transportation and Warehousing CNMIC includes warehousing into transportation since warehouses are not designed to be final destinations.
51 Information CNMIC introduces the digital industry, which excludes those information services such as paper book libraries and printed media that don't entirely rely on computers.
52 Finance and Insurance One part of the enterprise support industry.
53 Real Estate and Rental and Leasing Real estate sales are parts of the market-exchange industry; rental and leasing are parts of the living-sustaining industry.
54 Professional, Scientific, and Technical Services Accounting, administrative service, banking, insurance, investment management, and legal service are a part of the enterprise support industry; the others are a part of the living-sustaining industry.
55 Management of Companies and Enterprises Another part of the enterprise support industry.
56 Administrative and Support and Waste Management and Remediation Services Waste disposal is a part of the infrastructure industry. Accounting, administrative service, banking, insurance, investment management, and legal service are a part of the enterprise support industry. The others are a part of the living-sustaining industry.
61 Educational Services Altogether with the community outreach, included into the human development industry
62 Health Care and Social Assistance CNMIC includes compulsory social security into the public service industry and social work into the living-sustaining industry.
71 Arts, Entertainment, and Recreation CNMIC includes hospitality, entertainment, accommodation service, food service, real estate service, rental service, living-sustaining industry, repair service, maintenance service, technical service, printed-book library, cleaning service, performing arts service, recreation service, and sports activity into the living-sustaining industry.
72 Accommodation and Food Services
81 Other Services (except Public Administration)
92 Public Administration CNMIC introduces the public service industry, which also includes compulsory social security.

SIC

Main wikipage: Standard Industrial Classification

ISIC

The International Standard Industrial Classification (also known by its acronym, ISIC; officially known as International Standard Industrial Classification of All Economic Activities) is the Taxonomy that is used by the United Nations.
Sector # Description Comparison with CNMIC
A Agriculture, forestry and fishing One part of the raw materials industry
B Mining and quarrying Another part of the raw materials industry
C Manufacturing No difference
D Electricity, gas, steam and air conditioning supply CNMIC introduces the infrastructure industry, which includes energy supply, water supply, waste disposal, and construction
E Water supply; sewerage, waste management and remediation activities
F Construction
G Wholesale and retail trade; repair of motor vehicles and motorcycles Wholesale trade and retail trade are parts of the market exchange industry; repair of motor vehicles and motorcycles is a part of the living-sustaining industry
H Transportation and storage CNMIC includes storage into transportation since storage places are not designed to be final destinations.
I Accommodation and food service activities CNMIC includes accommodation service and food service into the living-sustaining industry
J Information and communication CNMIC introduces the digital industry, which excludes those information and communication services such as printed media and postal services that don't entirely rely on computers.
K Financial and insurance activities One part of the enterprise support industry.
L Real estate activities Real estate sales are parts of the market-exchange industry; rental and leasing are parts of the living-sustaining industry.
M Professional, scientific and technical activities Accounting, administrative service, banking, insurance, investment management, and legal service are a part of the enterprise support industry; the others are a part of the living-sustaining industry.
N Administrative and support service activities
O Public administration and defence; compulsory social security CNMIC introduces another name, public service industry, which roughly includes both public administration and compulsory social security.
P Education Altogether with the community outreach, included into the human development industry
Q Human health and social work activities CNMIC includes social work into the living-sustaining industry.
R Arts, entertainment and recreation CNMIC includes hospitality, entertainment, food service, real estate service, rental service, living-sustaining industry, repair service, maintenance service, technical service, printed-book library, cleaning service, performing arts service, recreation service, and sports activity into the living-sustaining industry.
S Other service activities
T Activities of households as employers; undifferentiated goods- and services-producing activities of households for own use CNMIC doesn't distinguish those industries that don't offer regular employment.
U Activities of extraterritorial organizations and bodies

CNM classification

Main wikipage: CNM industry classification

See also

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