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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 5149
SIC Code 5149 - Groceries and Related Products, Not...
- Business Services, N.E.C
For some business types, there may be a similar industry to...
- Fabricated Metal Products
Structure of SIC Code 34 - Fabricated Metal Products, except...
- Crops
Structure of SIC Code 01 - Agricultural Production - Crops....
- Heavy Construction, Except Building
Structure of SIC Code 16 - Heavy Construction other than...
- Chemicals and Allied Products
Structure of SIC Code 28 - Chemicals and Allied Products....
- Nonclassifiable Establishments
Structure of SIC Code 99 - Nonclassifiable Establishments....
- Coal Mining
Structure of SIC Code 12 - Bituminous Coal and Lignite...
- SIC Code 5149
- What Is A Sic Code?
- Sic Codes vs. NAICS Codes
- Understanding Sic Codes
- How to Find Your Sic Code
- How to Read Sic Codes
- Real-World Examples of Sic Codes
- The Bottom Line
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. SIC codes were created by the U.S. government in 1937 to help classify and analyze economic activity across various industries and ...
The Standard Industrial Classification codes were supposed to be replaced in 1997 by a system of six-digit codes called the North American Industry Classification System (NAICS).The NAICS codes were adopted in part to standardize industry data collection and analysis between Canada, the United States, and Mexico, which had entered into the North Am...
The SIC system classifies the economy into 11 major divisions: 1. Agriculture, forestry, and fishing 2. Mining 3. Construction 4. Manufacturing 5. Transportation and public utilities 6. Wholesale trade 7. Retail trade 8. Finance, insurance, real estate 9. Services 10. Public administration 11. Nonclassifiable establishments These are then divided i...
There are many different ways to find the most appropriate SIC code for your company. 1. The United States Department of Labor maintains an online system search tool to search SIC codes by keywords. 2. If you know your NAICS code, there are online resources to identify corresponding SIC codes. 3. The Security and Exchange Commission publishes the f...
Each digit in a SIC code has a meaning. To read a SIC code, each set of digits should be independently evaluated to determine the overall meaning of the code.
Apple Inc.'s SEC filings show its SIC code as 3571 (electronic computers). The first two digits—35—identify its major industry group as "Industrial and Commercial Machinery and Computer Equipment," while the third digit—7—narrows its industry group down to "Computer and Office Equipment" and the final digit—1—classifies it as "electronic computers....
Standard Industrial Classification (SIC) codes for U.S. businesses were supposed to have been phased out some 27 years ago. This shorthand, four-digit descriptor of the industry in which a company operates was to have been replaced by another classification system, the North American Industry Classification System (NAICS). That didn't quite happen....
- Elvis Picardo
Jan 1, 2013 · This historical use highlights the importance of SIC codes in the federal procurement process (See: What is a NAICS Code) The Importance of Using SIC Codes for Business Success. SIC codes have been defined by the U.S. Government as the most exact industry classification.
SIC Codes and NAICS Codes Defined. SIC stands for Standard Industrial Classification and NAICS stands for North American Industry Classification System. These are commonly used industry codes in the US, Canada, and Mexico. These universal numbering methods help identify the industry affiliation of a company. Dun & Bradstreet provides both codes ...
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. Similar SIC systems are also used by ...
Sic CodeIndustry9995Non-Operating Establishments9721International Affairs8900Services-Services, NEC8888Foreign GovernmentsSep 4, 2024 · What Is a Standard Industrial Classification (SIC) Code? The Standard Industrial Classification (SIC) code categorizes and organizes industries according to their business activities. It facilitates the classification and analysis of economic data across various industries and government agencies. SIC codes are not limited to the United States ...
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The Standard Industrial Classification (SIC) is a four-digit classification system that classifies industries according to business activities. The SIC classification system was created in 1937 to help the U.S. government and government agencies analyze economic activities across the domestic economy. The SIC code assigned to a company was ...
