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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