Cracking the Code: How NAICS and MarketTrack™ Empower Your Business Insights

The North American Industry Classification System (NAICS) is the backbone of how Federal statistical agencies classify business establishments in the U.S. economy. Introduced in 1997, NAICS replaced the outdated Standard Industrial Classification (SIC) system, modernizing economic data organization.

Key Facts About NAICS:

✅ Developed collaboratively by the U.S., Canada, and Mexico to standardize business statistics across North America.

✅ Helps businesses, policymakers, and researchers analyze economic trends with precision.

Understanding your NAICS code is more than just knowing your industry—it’s your gateway to unlocking valuable insights. With DISCCORP tools like MarketTrack™, you can:

•  Access a database of forecasted establishment and employee counts, purchases of electrical supplies, and year-over-year trends segmented by 1,057 NAICS codes.

• View data at national, state, county, or zip code levels, with custom territory capabilities to tailor insights to your needs.

• Leverage biannual updates in May and November for accurate, actionable intelligence.

Whether exploring industry benchmarks, pursuing government contracts, or identifying growth opportunities, MarketTrack™ https://disccorp.com/product/markettrack/ empowers you with data-driven decision-making. Want to learn more about NAICS or find the perfect code for your business? Visit the official NAICS website: census.gov/naics or https://www.census.gov/naics/#q7?48967