North American Product Classification System

From Open Risk Manual

Definition

North American Product Classification System. A comprehensive demand-oriented product classification system that is being developed by the United States, Canada, and Mexico.

NAPCS is designed to complement NAICS, the supply-oriented industry classification system introduced for 1997. In particular, NAPCS will focus on improving the identification, definition, and classification of the products produced by the services industries.[1]

References

  1. Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009