Standard industrial classification

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Standard Industrial Classification (SIC) is a classification scheme for different branches of industry or branches in the USA . This classification scheme, which has existed since the 1930s, was widely used in North American research to conduct industry-specific studies.

The SIC was replaced in 1997 by the six-digit North American Industry Classification System (NAICS) developed jointly by the USA, Canada and Mexico . It is still used by some agencies, such as the United States Securities and Exchange Commission (SEC).

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With the SIC, two, three or four-digit numeric codes are assigned to each individual branch. Similar industries are grouped together in so-called major groups . Main groups are in turn aggregated into ten divisions . These are:

  • Division A: Agriculture, forestry and fishing ( Agriculture, Forestry, Fishing )
  • Division B: mining ( Mining )
  • Division C: Construction ( Construction )
  • Division D: Manufacturing ( Manufacturing )
  • Division E: Transport, Communications, Energy, ... ( Transportation, Communications, Electric, Gas and Sanitary Services )
  • Division F: Wholesale ( Wholesale Trade )
  • Division G: Retail ( Retail Trade )
  • Division H: finance, insurance and real estate sectors ( Finance, Insurance and Real Estate )
  • Division I: Services ( Services )
  • Division J: Public Administration ( Public Administration )

The SIC is not identical to the ISIC , the UN's international classification system . B. is also used in a further development by the European Union .

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