Standard Industrial Classification (SIC) Code

On February 16, 2006, in Definitions, by Ashok

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 US economy. A two-digit code designates each major industry group, which is coupled with a second two-digit code representing subcategories.


Comments are closed.