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Standard Industrial Classification

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Standard Industrial Classification (SIC)
A code system that designates a unique business activity classified by industry.

Standard Industrial Classification
A system of four digit codes used in business to classify the industry to which a company belongs. The SIC was created by the U.S. government in 1937 to facilitate communication within and between businesses and industries. For the most part, the SIC was replaced by the six digit NAICS in 1997, but the SEC still uses the SIC. For example, an oil and gas exploration company might file with the SEC under the code 1382.


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Prior to the release of January 2004, industry-based PPIs were published according to the Standard Industrial Classification (SIC) system.
087 (1) Estimates for nonfinancial corporate business for 2000 and earlier periods are based on the Standard Industrial Classification (SIC); later estimates are based on the North American Industry Classification System (NAICS).
9789211615180 International standard industrial classification of all economic activities (ISIC), rev.
 
 
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