The North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the reason of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS was developed under the auspices of the Office of Management and Budget (OMB), and adopted in 1997 to replace the Standard Industrial Classification (SIC) system. It was developed jointly by the U.S. Economic Classification Policy Committee (ECPC), Statistics Canada This link to a non-federal Web site does not imply endorsement of any particular product, company, or content., and Mexico's Instituto Nacional de Estadistica, Geografia e Informatica This link to a non-federal Web site does not imply endorsement of any particular product, company, or content., to allow for a high level of comparability in business statistics among the North American countries. This official U.S. Government Web site provides the latest information on plans for NAICS revisions, as well as access to various NAICS reference files and tools. The official 2007 U.S. NAICS Manual, includes definitions for each industry, background information, tables showing changes between 2002 and 2007, and a comprehensive index. Read more about the background and development of NAICS.