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  1. In the official U.S. Government SIC Code system, there are a total of 1,514 codes (included in the 2-digit, 3-digit, and 4-digit levels). A very important part of the SIC Code system is that the U.S. Government had written into the SIC Code Manual that agencies could use additional subdivisions within specific four-digit industries to further break down industries.

    • Sic Code List Categories
    • How Do You Read A Sic Code?
    • How Do Businesses Use Sic Codes?
    • How Does The Government Use Sic Codes?
    Agriculture, forestry and fishing: 01-09
    Mining: 10-14
    Construction: 15-17
    Manufacturing: 20-39

    4. Consider an example

    1. Its division is agriculture, forestry and fishing, so it finds its two-digit code, which is 01 for crops. 2. The farmer finds its third digit is 7, falling in the "fruits and tree nuts" category. 3. Finally, the last digit is 1, for "berry crops," which is for establishments engaged in the production of cranberries, bush berries and strawberries.

    Identify customers:An important responsibility of companies is to pay close attention to their customers in order to meet their needs and maintain their business. SIC codes can be a valuable piece...
    Create marketing campaigns: If businesses know the primary field of their customers, they can use this information to develop a target audience and create and implement a specific marketing campaig...
    Fill out tax forms:Businesses usually have financial or accounting departments to handle the plethora of legal regulations and documentation to stay in operation. Those in these roles can use SIC c...
    Recognize competition: By searching for other companies with similar SIC codes, organizations can understand both the type and number of businesses vying for the same customers. Being able to recog...
    Collect statistical data:Federal research agencies can use SIC codes to assess the nation's economic activity across spheres and collect important research data in a simple way. They can learn info...
    Organize governance:Governments can have many different departments and be very complex, as it takes a lot of disparate kinds of efforts to operate, guide and support society. SIC codes make it eas...
    Aid in tax classification:To fill out tax forms properly and fulfill tax obligations successfully, companies, agencies and individuals need to keep track of various financial history, legal informa...
    Conduct market regulation:The Security Exchange Commission is responsible for maintaining fair, organized and productive stock markets, protecting stakeholders and investors and regulating financia...
  2. United Nations Statistics Division (UNSD) UNSD Classifications. Date modified: 2024-10-16. The industry classifications include the North American Industry Classification System (NAICS) Canada and the Standard Industrial Classification (SIC). Some of the industry classifications from other countries are listed under "Other".

  3. Jul 28, 2024 · The First Two Digits. The first two numbers of a SIC code identify the business's major sector. Though the number of major groups fluctuates, there are typically fewer than 100 in all. These major ...

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  4. Standard Industrial Classification. The Standard Industrial Classification (SIC) was a system for classifying industries by a four-digit code as a method of standardizing industry classification for statistical purposes across agencies. Established in the United States in 1937, it is used by government agencies to classify industry areas.

    Sic Code
    Industry
    9995
    Non-Operating Establishments
    9721
    International Affairs
    8900
    Services-Services, NEC
    8888
    Foreign Governments
  5. Standard Industrial Classification (SIC) Codes are a hierarchical system used to categorize industries. They can range from two to eight digits, with each level providing more specific information about the business activity. The first two digits identify the major industry group, setting the foundation for more detailed classification.

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  7. Altogether, there are about 650,000 companies with SIC and NAICS codes for restaurants in the US, according to Dun & Bradstreet. For more analysis on the manufacturing industry sector and for a complete list of SIC codes and NAICS codes, see D&B Hoovers industry insights for manufacturing. NAICS Codes for Manufacturing: 321113. Sawmills. 327213.

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