Adopted in 1997,the North American Industry Classification System (NAICS) is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
Adopted during the 1930's, the Standard Industrial Classification System updates ended in 1987. Although many older industries still use the SIC codes, newer industries are better defined using the NAICS.
Updated annually. The only source of composite performance metrics derived directly from the financial statements of financial institutions' borrowers and prospects. These financial statements come directly to RMA from member institutions, which get their data straight from their customers.
eStatement Studies includes two publications:
Financial Ratios Benchmarks -- Comprehensive, detailed data on over 700 industries derived directly from financial statements.
Industry Default Probabilities and Cash Flow Measures includes:
Probability of default estimates on a percentage scale, mapped to a .pd bond rating scale.
Cash flow measures on a common-size percentage scale.
Change in position, normalized, year over year, for eight financial statement line items.