The NAICS Code represents the North American Industry Classification System. In other words, the NAICS Code places a business within its industry by assigning to it a six-digit code that indicates the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

When a federal agency issues a small business set-aside contract, it uses North American Industry Classification System (NAICS) codes to determine the size standard that will apply to that contract.

When you become certified as a DBE (disadvantaged business enterprise), you are only certified for a particular NAICS code or codes. NAICS stands for North American Industry Classification System, and ...