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Topic: Standard Industrial Classification


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In the News (Sun 6 Jul 08)

  
  EPA: Federal Register: 1997 North American Industry Classification System--1987 Standard Industrial Classification ...
Industry statistics compiled using NAICS will also be comparable with statistics compiled according to the latest revision of the United Nations' International Standard Industrial Classification (ISIC, Revision 3) for some sixty high level groupings.
Most of the 170 industry increase between the 1987 U.S. and the 1997 NAICS United States is in the service producing industries with a net increase of 149 industries, although there are net increases of seven industries in the Agriculture, Forestry, Hunting, and Fishing sector; one in Utilities; two in Construction; and 14 in Manufacturing.
Those who objected acknowledge that there are problems associated with the 1987 SIC classification of auxiliaries, but are concerned about the loss of employment in manufacturing industries if auxiliary establishments such as accounting offices, administrative and corporate offices, and warehouses are classified according to their primary activity.
www.epa.gov /EPA-IMPACT/1997/April/Day-09/i17288.htm   (5864 words)

  
 UK SIC(92) - Introduction
Thus, a new International Standard Industrial Classification of All Economic Activities (ISIC Rev 3) was agreed in the Statistical Commission of the United Nations in February 1989.
In 1980, one of the principal objectives of the revision of the SIC was to examine and eliminate differences from the activity classification issued by the Statistical Office of the European Communities (Eurostat) and entitled 'Nomenclature générale des activités Économiques dans les Communautés européennes', usually abbreviated to NACE.
SIC classifications are determined according to the principal activity of a unit.
www.statistics.gov.uk /methods_quality/sic   (2412 words)

  
 Standard industrial classification   (Site not responding. Last check: 2007-10-21)
The Standard Industrial Classification (SIC) is broken down into 4 areas; thedivisions, the classes, the groups, and the activity units.
Industrial classifications thathad the most claims closed in 2001 were trucking (2154),...
Standard Industrial Classification (SIC) Codes for the Plastics Industry.Standard Industrial Classification (SIC) was developed for use in the...
www.fordair.com /standard+industrial+classification.html   (744 words)

  
 UK SIC(92) - Introduction
A Standard Industrial Classification (SIC) was first introduced into the United Kingdom in 1948 for use in classifying business establishments and other statistical units by the type of economic activity in which they are engaged.
The workers classified to a particular industry will fall into a number of different categories of an occupational classification and similarly the workers in some occupations may be found in many different industries.
The classification can also be extended to cover not only the production of goods but also economic activities such as distribution, transport and services, although the number of different types of service will normally be much less than the number of different products of the production industries.
www.statistics.gov.uk /methods_quality/sic/default.asp   (2412 words)

  
 North American Industry Classification System (NAICS)
For over sixty years, the Standard Industrial Classification (SIC) system has served as the structure for the collection, aggregation, presentation, and analysis of the US economy.
Because the SIC is used by many other federal government statistical programs, it is possible for users to assemble a comprehensive statistical picture of an industry.
The SIC system was developed in the 1930's at a time when manufacturing dominated the US economic scene.
www.bls.gov /bls/naics.htm   (474 words)

  
 NAICS Association - Information
The Standard Industrial Classification (SIC) was originally developed in the 1930's to classify establishments by the type of activity in which they are primarily engaged and to promote the comparability of establishment data describing various facets of the U.S. economy.
In July 1992, the OMB established the Economic Classification Policy Committee chaired by the Bureau of Economic Analysis, U.S. Department of Commerce, with representatives from the Bureau of the Census, U.S. Department of Commerce, and the Bureau of Labor Statistics, U.S. Department of Labor.
The industries are grouped in order from those providing the most intensive type of health care to those providing minimal health care with social assistance to those providing only social assistance.
www.naics.com /info.htm   (2375 words)

  
 NAICS is Coming
It not only recognizes many new industries that were not recognized explicitly in the old SIC, but it also provides a framework in which new industries can be more easily introduced in the future.
NAICS is also compatible with the two-digit level of the International Standard Industrial Classification of All Economic Activities of the United Nations (ISIC, rev. 3).
The SIC system we use today was first developed in the 1930s when the United States was primarily a manufacturing economy.
www.nabe.com /publib/mhnaics.htm   (1684 words)

  
 Standard Industrial Classification - Wikipedia, the free encyclopedia
The Standard Industrial Classification was a United States government system for classifying industries by a four-digit code.
Established in the 1930s, it was supplanted by the six-digit North American Industry Classification System in 1997.
The following table is from the U.S. Securities and Exchange Commission, which allows searching for companies by SIC code in its database of filings.
en.wikipedia.org /wiki/Standard_Industrial_Classification   (383 words)

  
 The Joint Gets the Point
As the size of the federal market declines, this absolute preference has had devastating effects on private industry, particularly so in industries where the market is for unique federal items, i.e., mail bags and ammunition boxes, or where federal requirements predominate, i.e., systems furniture.
SIC codes of different products were combined to meet the product definition: all steel and aluminum storage and shipping containers, including missile and ammunition containers.
Industry commentators also objected to the treatment of these products as interchangeable although they are materially different in design and manufacture.
www.attny.com /gci12962.html   (894 words)

  
 Water Enforcement-Compliance Assurance and Enforcement- South Central
The term "Storm Water Discharges Associated with Industrial Activity", defined in federal regulations 40 CFR 122.26(b)(14)(i)-(xi), determined which industrial facilities are potentially subject to Phase I of the storm water program.
Facilities subject to storm water effluent limitations guideline, new source performance standards, or toxic pollutant effluent standards under 40 CFR subchapter N (except facilities with toxic pollutant effluent standards which are exempted under category (xi)).
Standard Industrial Classification (SIC) codes are in the process of being replaced by the newer North American Industry Classification System (NAICS).
www.epa.gov /earth1r6/6en/w/sw/40cfr122.htm   (821 words)

  
 Technical notes, Monthly Labor Review Online, July 1998
The NAICS revision is much broader—many more industries are identified under the new system, and they are organized on the basis of their production activities (supply) alone, as opposed to the mixture of supply and demand characteristics used to classify industries under the SIC.
Industrial classification systems provide the structure for collecting and aggregating economic data, as well as for analyzing, presenting, and disseminating such data.
Newly developed industries in information services, health care provision, and even high-tech manufacturing cannot be adequately studied under the current SIC system because they are not separately identified at the most basic level of aggregation, the industry level.
www.bls.gov /opub/mlr/1998/07/rpt1full.htm   (2626 words)

  
 The trouble with SIC codes
The problem with SIC (Standard Industrial Classification) codes is that they were never designed to describe a company's type of business.
SIC codes tend to be configured more by similar manufacturing processes, rather than aggregating things that are competitive products, or competing for similar human resources.
With classification systems such as SIC codes, it is no wonder that librarians also have to resort to brand name research and free text searching, in order to compile data on a company.
www.montague.com /review/klein.html   (428 words)

  
 SIC and NAICS Codes
Standard Industrial Classification (SIC) codes are four digit numerical codes assigned by the U.S. government to business establishments to identify the primary business of the establishment.
The classification was developed to facilitate the collection, presentation, and analysis of data; and to promote uniformity and comparability in the presentation of statistical data collected by various agencies of the federal government, state agencies, and private organizations.
Although the principles of the system are the same as for the SIC system, individual industry classification numbers are longer (6 digits) and may vary considerably from the SIC codes.
www.mlb.ilstu.edu /ressubj/subject/business/siccode.htm   (1204 words)

  
 NAICS
While different databases may use different subject terms, industry names, company name formats, and other coding schemes, the SIC system, developed by the U.S. government, is the most standard classification system for business articles and company name directory records.
SIC and NAICS codes are both hierarchical numeric classification systems, with the first digit or two designating the broad industry sector and subsequent digits each reflecting more specific industry categories.
SIC codes will continue to be supported in addition to the new NAICS codes until it is determined that there is no longer a market need for SICs.
www.insitepro.com /hedden1.htm   (1406 words)

  
 Standard Industrial Classification, 1980
DIVISION I WHOLESALE TRADE INDUSTRIES Establishments in wholesale trade are primarily engaged in buying merchandise for resale to retailers to industrial, commercial, institutional, farm or professional business users to other wholesalers or in acting as agents or brokers in buying merchandise for, or selling merchandise to, such persons or companies on a commission basis.
For purposes of industrial classification, wholesale establishments are classified in three- digit industry groups and four-digit industries according to the principal lines of commodity sold.
Wholesalers may also be classified by type of operation, but this classification is independant of the industrial classification.
data.library.ubc.ca /datalib/restricted/other/statscan/sic/div_i.html   (4733 words)

  
 Standard Industrial Classification
The present version [SIC(92)] is aligned with similar classifications in all member states of the European Union and is obligatory in all cases where the UK is required to transmit to the European Commission statistics broken down by economic activity.
Standard industry codes for economic activity are used to describe the relationship between the inputs and outputs of such activity.
To adapt the classification in a way which resulted in a more appropriate form for coding industry information for the FDS significant changes were made to terminology and the level of detail in specific areas.
www.hesa.ac.uk /manuals/01016/01016a03.htm   (823 words)

  
 Automotive Glossary
Industry Classification between Canada, the United States and Mexico to increase compatibility of data with these countries.
This classification system will be implemented with reference to year 1997 and data will be available in 1999.
Currently the 1980 Standard Industrial Classification is in effect identifying each industry at the 4 digit level.
www.autoseekandsell.com /dsp_glossary.cfm   (3230 words)

  
 MAP Center Economy SIC Codes
SIC stands for "Standard Industrial Classification." Each employer in the U.S. reports the activity of the company under one or more of these codes.
NAICS stands for "North American Industry Classification System" and it is now used by the Census Bureau to classify companies by activity.
A summary table for the region shows the change in annual salary for major NAICS categories in NE PA. This comparison is based on 1998 and 1999 NAICS data.
www.mapcenter.org /region/siccodes.html   (168 words)

  
 Industry SIC Codes   (Site not responding. Last check: 2007-10-21)
Standard Industrial Classification Codes (SIC Codes) are numerical codes designed by the U.S. Government in order to create uniform descriptions of business establishments.
SIC codes can be used to bring together companies that produce similar products or services.
NAICS and SIC are similar in concept, but the newer NAICS codes always contain 6 digits, and cover a much wider variety of industries, technologies, products and services, than the older SIC code system.
www.4leads.org /sic.htm   (423 words)

  
 Standard Industrial Classification (SIC)
The Standard Industrial Classification has been replaced by the new North American Industry Classification System (NAICS), but several data sets are still available with SIC-based data.
Both SIC and NAICS classify establishments by their primary type of activity.
Minority- and Women-Owned Business (2-digit SIC for all firms as well as for employers, for the U.S. and states, with sector totals for metro areas)
www.census.gov /epcd/www/sic.html   (253 words)

  
 Economic Censuses
Industry Series provides national totals for individual industries and their products, with limited data for states.
The 1987 SIC Manual, which is the one currently in use, is on Quick Reference, PREX 2.6/2:In 27/987.
Industry coverage has broadened over time; a major expansion in 1977 added coverage of many tax-exempt activities and was again broadened in 1992.
www.lib.msu.edu /foxre/econ.census.html   (1986 words)

  
 U.S. Industrial Outlook   (Site not responding. Last check: 2007-10-21)
After a review by ITA of the U.S. Industrial Outlook's objectives and resource requirements, it was decided that a revamped Outlook would better support the trade development mission of the Department.
The changing world economy has become an increasingly important factor in the economic prospects of U.S. industries, and ITA is particularly well suited to assessing the effect of global developments on opportunities for U.S. businesses.
The 199 industries covered were among those featured in the U.S. Industrial Outlook published by the Department of Commerce's International Trade Administration (ITA) for many years.
www.ita.doc.gov /industry/otea/usio/usio95.html   (983 words)

  
 SIC --> NAICS
As of January 1, 1997 all Standard Industrial Classification System (SIC) data used by the Forest Service (FS) must be reported using the North American Industry Classification System (NAICS).
This program converts 2 and 4-digit SIC industry data from the 1992 Census of Manufactures and the 1993 through 1995 Annual Surveys of Manufacture to their respective NAICS industries, and also estimates entire NAICS industries based on their included SIC industries.
Additional information on the North American Industrial Classification System is available at the NAICS Homepage.
members.tripod.com /%7EUSDA_FS_FPL/INDEX.HTM   (183 words)

  
 Standard industry classifications and concordances -- Statistics Canada
The current classification in use at Statistics Canada is the North American Industry Classification System (NAICS) Canada, 2002.
If you are doing coding of records, it is strongly recommended that you use the coding assist CD ROM tool, Industry Classification Coding System (ICCS) Version 1.3, (NAICS 2002) sold by Statistics Canada.
Concordance between the Standard Industrial Classification (SIC) of Canada, 1980 and the Standard Industrial Classification (SIC) of the United States, 1987
www.statcan.ca /english/concepts/industry.htm   (458 words)

  
 standard industrial classification code < All Industrial   (Site not responding. Last check: 2007-10-21)
NAICS is the North American Industry Classification System -- the new industry classification that replaces the SIC -- Standard Industrial...
Classification System, a 6-digit industry grouping system developed in cooperation with Canada and Mexico.
The Standard Industrial Classification Codes that appear in a company's disseminated EDGAR filings indicate the company's type of business.
www.acsg-cig.montreal.qc.ca /standard-industrial-classification-code   (255 words)

  
 UK SIC(92)
The UK Standard Industrial Classification of Economic Activities (UK SIC(92)) is used to classify business establishments and other statistical units by the type of economic activities they are engaged in.
To find the classification code for a specific activity, click on an appropriate link in the "Summary of Sections and Subsection" which follows (for example, to classify a retail activity click on Section G
The Index also attempts to provide a correlation to the previous Standard Industrial Classification, SIC(80), although in some cases it was not possible to do so without further information.
www.statistics.gov.uk /methods_quality/sic/contents.asp   (374 words)

  
 Legal Definition of Standard Industrial Classification Code (Sic)
STANDARD INDUSTRIAL CLASSIFICATION CODE (SIC) - 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 two-digit code designates each major industry group, which is coupled with a second two-digit code representing subcategories.
www.lectlaw.com /def2/s106.htm   (103 words)

  
 Standard Industrial Classification: Information on labor
Standard Industrial Classification (SIC) System The Standard Industrial Classification has been replaced by the new North American Industry Classification System (NAICS), but several data sets are...
Standard Industrial Classification and North American Industry Classificatio...
Standard Industrial Classification Standard Industrial classification is a standard numerical code system used to...
abcalgarycategoryinjobjoblabortrade.inialabor.com /standardindustrialclassification   (735 words)

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