Classification of data
Industry Classification
Industries are defined using the six-digit North American Industry Classification System (NAICS). This is a detailed hierarchical system that classifies businesses according to the type of economic activity and usually assigned at a very granular level of the primary business activity of a single establishment. These activities can be very general (for example, 'mining', assigned a two digit code) through to the very specific (such as 'silver ore mining', assigned a six digit code). It is primarily at the most detailed, the six digit level, that trade is recorded.
There are 21 industries at the high, two-digit level, each assigned its own colour in Arium's Trade Analysis Tool. Examples of these industries include agriculture, manufacturing and retailing. At a detailed, six-digit level, there are more than 1,000 different industry classifications. Every node sharing the same colour in the network map is part of the same high-level industry.
Industry Colours
| Agriculture, Forestry, Fishing & Hunting | |
| Mining | |
| Utilities | |
| Construction | |
| Manufacturing | |
| Wholesale Trade | |
| Retail Trade | |
| Transportation | |
| Warehousing | |
| Information | |
| Finance and Insurance | |
| Real Estate and Rental and Leasing | |
| Professional, Scientific and Technical Services | |
| Management of Companies and Enterprises | |
| Waste Management & Remediation Services | |
| Educational Services | |
| Health Care and Social Assistance | |
| Arts, Entertainment, and Recreation | |
| Accommodation and Food Services | |
| Other Services (except Public Administration) | |
| Public Administration |
Sector Classification
'Sectoral' classifications are used by the global financial community usually to assign public companies to a particular sector. One such high-level sectoral classification is applied here at the highest level to the trading subsidiaries, so you can see how many of the subsidiaries of a listed company are in the same sector and the trading links within and between sectors.
The 10 different high-level sectors are also colour-coded. Users can flip between industry and sector classifications by clicking a button at the bottom of the network map.
Sector Colours
| Energy | |
| Materials | |
| Industrials | |
| Consumer Discretionary | |
| Consumer Staples | |
| Health Care | |
| Financials | |
| Information Technology | |
| Telecommunication Services | |
| Utilities |
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