Through a Federal Register Notice, the Office of Management and Budget (OMB) announced today it is seeking public comment on the advisability of adopting the proposed North American Industry Classification System (NAICS) updates for 2022, as recommended by the Economic Classification Policy Committee (ECPC).
OMB had published a notification of its intentions to revise portions of the NAICS in a prior February 26, 2020 Federal Register Notice. That notice solicited comments on the advisability of revising the NAICS 2017 coding structure for the new 2022 version, including.to:
- Identify new and emerging industries, and
- Solicit comments on the NAICS coding for Electronic Shopping in the Retail Trade.
The ECPC is comprised of representatives of the Bureau of Economic Analysis (BEA) , Bureau of Labor Statistics (BLS), U.S. Census Bureau, and other government agencies.
The ECPC is seeking comments on revisions to the North American Industry Classification System (NAICS) for 2022, and is recommending an update of the industry classification system to:
- clarify existing industry definitions and content,
- recognize new and emerging industries,
- combine industries, and
- correct errors and omissions.
In large part, this proposed series of revisions is designed to address the decreasing usefulness of employing the mode of delivery (online versus in store/print) as an industry delineation criterion in the Wholesale Trade, Retail Trade, and Information sectors. In short, the internet has developed from a specialized activity to a generic method of delivery for goods and services. Therefore, the ECPC has developed recommendations that reevaluate and deemphasize the delivery method as an industry function used in NAICS classification.
This proposed revision to NAICS would become effective in the U.S. for publication of establishment data that refer to periods beginning on or after January 1, 2022.
To ensure consideration of comments on the adoption and implementation of the NAICS revisions detailed in this notice, please submit all comments in writing no later than 45 days from the publication date (July 2, 2021) of this notice. Respondents are encouraged to send comments electronically.
The Usage of NAICS in Labor Statistics
The Bureau of Labor Statistics (BLS) has the statutory responsibility of collecting and publishing monthly information on employment, the average wage received, and the hours worked by area and industry.
In collecting data, BLS uses the NAICS as a taxonomy or coding system to categorize business into various industry sectors.
The BLS Federal Register Notice (FRN) for soliciting proposed changes and comments for the NAICS 2022 update was published here.
For additional information on NAICS, please refer to the following.
- What is NAICS?
- NAICS Background and Use in BLS Data
- NAICS Overview (Current Employment Statistics)
- Industries at a Glance by NAICS Code