Standard Industrial Classifications| SIC | Definition | What are the Standard Industrial Classifications?

Standard Industrial Classifications

Standard Industrial Classifications | Definition

Standard Industrial Classification. The US numeric system of categories underlying all establishment-based Federal economic statistics that are classified by industry. The purpose of the SIC is to facilitate comparability of establishment data describing various facets of the US economy. The system uses 2-, 3-, and 4-digit codes to represent economic sectors, industry groups, specific industries and types of organizations. For example, within the manufacturing sector:

SIC 35

Industrial Machinery and Equipment Manufacturing

SIC 357

Computer and Office Equipment Manufacturing

SIC 3571

Electronic Computer Manufacturing


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