Overview#

Industry Classification or industry taxonomy is a type of economic taxonomy, usually Codes, that Classifies into industrial groupings based on similar production processes, similar products, or similar behavior in financial markets.

A wide variety of taxonomies are in use:

• Major Industry Identifier (MII)
• Merchant Category Code (MCC)
• North American Industry Classification System (NAICS)
• Standard Industrial Classification (SIC)
• International Standard Industrial Classification of All Economic Activities (ISIC)
• Global Industry Classification Standard (GICS)
• United Kingdom Standard Industrial Classification of Economic Activities (UKSIC)
• United Nations Standard Products and Services Code (UNSPSC)

More Information#

There might be more information for this subject on one of the following:

• Major Industry Identifier
• United Nations Standard Products and Services Code