What are NAICS Codes?
Beginning in 1997, the Standard Industrial Classification (SIC) was
replaced by the North American Industry Classification System (NAICS).
This six digit code is a major revision that not only provides for newer
industries, but also reorganizes the categories on a
production/process-oriented basis. This new, uniform, industry-wide
classification system has been designed as the index for statistical reporting
of all economic activities of the U.S., Canada, and Mexico. More Information >>
What are SIC Codes?
The Standard Industrial Classification (SIC) was
established in the 1930s to classify industries in the United States using a four-digit code.
It was replaced by the North American Indistry Classification System (NAICS) in 1997,
but many government agencies (such as the Security and Exchange Commission) and businesses still use the SIC Codes. More Information >>
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