Approaching the challenges and costs of the North American industrial classification system (NAICS)

The transition from the standard industrial classification (SIC) system to the North American industrial classification system (NAICS) will not be rapid, but its effects will be profound for business researchers and information professionals. Most government agencies are already in the midst of this six‐year transition and, although private information producers are not compelled to switch from SIC to NAICS, most are planning to do so. The far‐reaching impact of NAICS on business information will affect libraries of all types. This article describes the challenges and costs associated with this change and makes recommendations for materials and training.