us census bureau statistical abstract of the united states 2000 1997 economic 869 section 32 this new presents a variety in dustry based information from these statistics utilize north american industry classification system naics pronounced nakes on april 9 office manage ment and budget omb announced its de cision to adopt indus try as used by agencies replaced 1987 standard industrial sic is consistent concept establish ments that use same or similar pro cesses produce goods services are grouped together developed 1930s revised periodically over past 50 years was not con sistent some industries demand while others produc tion recognizes changing grow ing economy neighbors includes 1 170 which 565 service had 004 416 were related recog nizes