North American Industry Classification System (NAICS) is a set of 2-6 digit codes agreed upon by the U.S., Canada and Mexico to describe various Industries and sub-Industries. NAICS was originally developed to
provide a consistent framework for the collection, analysis, and dissemination of industrial statistics
used by government policy analysts, by academics and researchers, by the business community, and
by the public. Revisions for 2022 were made to account for our rapidly changing economies.