Webster's Online Dictionary
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Specialty Expressions: INDUSTRIAL CLASSIFICATION

ExpressionsDomainDefinition
Industrial ClassificationCensusThe Economic Census classifies establishments according to the new North American Industry Classification System (NAICS). NAICS codes replace the Standard Industrial Classification (SIC) codes used in previous censuses. NAICS classifies industries using 2-, 3-, 4-, 5-, and 6- digit levels of detail. 2-digit codes represent sectors, the broadest classifications. 6-digit codes represent individual industries in the U. S. Related terms: Economic census, North American Industry Classification System (NAICS). (references)
Standard Industrial ClassificationCensusIndustry 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 SIC has been replaced by North American Industry Classification System (NAICS) in the 1997 Economic Census. Related terms: Economic census, North American Industry Classification System (NAICS). (references)
Standard Industrial ClassificationMilitarySIC. (references)
Standard Industrial ClassificationShippingA standard numerical code used by the U. S. Government to classify products and services. (references)
Standard Industrial ClassificationStatisticsA national standardised system to classify employer establishments into industries, using 4 digit codes(representing a unique business activity), according to primary economic activity. Source: European Union. (references)
Standard Industrial Classification CodeEnergyStandardized codes used to classify businesses by type of activity they engage in. (SIC). (references)
Standard Industrial Classification systemLaborThe SIC system is used throughout the federal government to group establishments into industries. The SIC Division Structure makes it possible to collect and calculate establishment data by broad industrial divisions (labeled A through K), industrial groups (the 2-and 3-digit SIC levels), and specific industries (the 4-digit level). See the Standard Industrial Classification Manual, 1987 (Executive Office of the President, Office of Management and Budget), available in many libraries. (SIC). (references)

Source: compiled by the editor from various references; see credits.

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