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Standard Industrial Classification
- Standard Industrial Classification (SIC) codes are four-digit numerical codes used to categorize U.S. companies by the industries in which they operate. Companies are required to use them in certain government filings.
www.investopedia.com/terms/s/sic_code.aspWhat Is a SIC Code, Who Needs a SIC Code, and How to Find Yours
Jul 28, 2024 · What Is a SIC Code? Standard Industrial Classification (SIC) codes are four-digit numerical codes used to categorize U.S. companies by the industries in which they operate. Companies are...
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About SIC Codes. A SIC Code describes the primary business activity of a company. With more than 10,000 unique classifications, SIC codes have been extended to create the most accurate way to target businesses. Businesses often use the SIC code lookup to identify companies within specific industries for marketing purposes.
Jan 1, 2013 · Standard Industrial Classification (SIC) codes are four-digit numerical codes assigned by the U.S. government to business establishments to identify the primary business of the establishment.
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.
Sic CodeIndustry9995Non-Operating Establishments9721International Affairs8900Services-Services, NEC8888Foreign GovernmentsNov 15, 2023 · What Is an SIC Code? Aside from adding structure and clarity to an otherwise vast and multifaceted economy, SIC codes can function in the following ways: Allow for tracking for government statistical purposes by federal or state agencies. Segment markets for professional use or to identify key competitors in both public and private markets.
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Sep 29, 2023 · A SIC code, or Standard Industrial Classification code, is a series of four numbers that delineate a company's sector and operational activities. Created in 1937 and assigned by the government, these digits organize commerce across industries and aid in presenting statistical data.
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What is an SIC code? Standard Industrial Classification codes — more commonly known as SIC codes — were created by the US government to classify the type of work a business does. This information helps government agencies, marketing companies and other organizations to collect and analyze data about economic activity in the country.