A system of classifying an establishment based on the type of activity performed at the establishment, for purposes of facilitating the collection, tabulation, presentation, and analysis of data relating to establishments, and for promoting uniformity and comparability in the presentation of statistical data. This system utilizes a four-digit code number for individual industries. Each digit represents a different level of aggregation of the industries.
4-digit codes used to categorize and uniquely identify business activities. see also industrial.
The SIC system promulgated by the United States Office of Management and Budget divides economic activity into "industries" which are classified at increasing levels of detail. Two digit classes are the most generalized.
A code system that designates a unique business activity classified by industry.
U.S. government code that categorizes commercial enterprises. [The first two digits place an organization in one of the 13 major groupings; two additional digits show the primary line of business and size.
classifies business establishments and other statistical units by the type of economic activity in which they are engaged.
A system of classifying industries and enterprises based on their main products.
A U.S. system for classifying economic activity; superseded by the North American Industry Classification System (NAICS).
Standard numerical code used by the UK Government to classify products and services.
The Standard Industrial Classification system is a hierarchical classification system that defines all establishments to a specific industry based on their primary output or product. The SIC is being replaced by the North American Industrial Classification System (NAICS).
SIC] The Standard Industrial Classification system classifies establishments by their primary type of activity. This system is currently being replaced by the the North American Industry Classification System (NAICS). NAICS was developed jointly by the U.S., Canada, and Mexico to provide new comparability in statistics about business activity across North America. [ U.S. Census: NAICS
Job sectors in the ABAG Projections are defined using classifications in the 1987 SIC Manual issued by the federal Office of Management and Budget
The SIC, used since the 1930s, was developed by an Interdepartmental Committee on Industrial Statistics, established by the Central Statistical Board of the United States. Its charge was to develop a plan of classification of various types of statistical data by industries and to promote the general adoption of such classification as the standard classification of the Federal Government. The US government now uses the North American Industrial Classification System (NAICS) instead of SIC for classifying companies by industry.
A classification system that categorizes establishments into groups with similar economic activities.
A standard numerical code system used to classify products and services.
industry class that represents a level of organization of production by type of specialization. Currently the 1980 Standard Industrial Classification is in effect identifying each industry at the 4 digit level.
(SIC) A set of codes developed by the Office of Management and Budget, which categorizes business into groups with similar economic activities.
Abbreviation: SIC A method used in the United States, to categories companies into different industrial groupings.
The federal system of coding business according to industry type.
A code representing a category within the Standard Industrial Classification System administered by the Statistical Policy Division of the U.S. Office of Management and Budget. The system was established to classify all industries in the U.S. economy. A t
a series of number codes that attempts to classify all business establishments by the types of products or services they make available. Establishments engaged in the same activity, whatever their size or type of ownership, are assigned the same SIC code. These definitions are important for standardization. Insurance companies use SIC codes to determine specific rates for various industries.
A numerical system developed by the U.S. Government for the classification of commercial services and industrial products. Also classifies establishments by type of activity.
Classification of businesses as defined by the U.S. Department of Commerce, used to segment telephone calling lists and direct marketing mailing lists.
A numerical code scheme previously used for classifying industries and products. In January 1997 the SIC was replaced by the North American Industry Classification System (NAICS).
(SIC) Industry classification system that was used in Economic Censuses prior to 1997. This system identifies establishments by the principal activity in which they are engaged. SIC has been replaced by North American Industry Classification System (NAICS) in the 1997 Economic Census. (Census)
The Standard Industrial Classification (abbreviated 'SIC') was a United States government system for classifying industries by a four-digit code. Established in the 1930s, it is being supplanted by the six-digit North American Industry Classification System, which was released in 1997; however certain government departments and agencies, such as the U.S. Securities and Exchange Commission (SEC), still use the SIC codes.