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Intro to
Classification | SIC & NAICS | Other codes
From Question to Resource
SIC and NAICS
Finding SIC codes
| About SIC | Finding NAICS codes | About NAICS
Converting codes
Apology: Most readers will only need the "Finding Codes" sections on
this page.
But because the page's author just cannot figure out when to stop, this page has more than
you'll ever need, or want, to know about SIC and NAICS! Think of it as "for future
reference ... just in case ... maybe someday"!?!
How
do I find SIC codes for an industry?
- SIC Code Manual
(on the OSHA website). This site also has a very nice online layout of the SIC division structure.
- The SIC Code Manual is also available in the Raynor Library Reference
Collection (Raynor Ref HF 1042 .S73 1987).
- Business
& Company Resource Center Go to the 'Industry' search screen; try keyword
searches in the "Industry Description" text box.
Things to know about
SIC (Standard Industrial Classification)
Last updated in 1987, this code is on its way out; it
will be 'gone' in 2004, at least for data collected by the federal government (commercial
publishers will probably continue to use it). In 1997 the implementation of a new code,
NAICS began. Since this implementation will not be complete until 2004, we still have to
work with SIC, and may have to for some time since commercial publishers are converting to
NAICS very slowly. Here are some important things to know about it:
- Four-digit codes. The most specific and focused SIC codes are always
four digits. However, sometimes you'll see codes labeled SIC, but which are shorter or
longer. Here's why:
- 2-3 digit SIC codes: In order to group together data in similar focused
industries, sometimes data will be presented at the truncated level of 2- or 3-digit codes
- 5-6 digit SIC codes: Because of the SIC code's weaknesses, some commercial
publishers have augmented the base SIC codes. Dun & Bradstreet and InfoUSA are two
examples of companies that have done this.
- Primary SIC/NAICS codes: Please see discussion below.
- Who assigns SIC/NAICS codes? Please see discussion below.
- Weaknesses: SIC is weakest in the areas of the service industries and
high-technology, in other words, not detailed enough.
- NEC or Not
Elsewhere Classified: these are catch-all categories for industry groups that are
somewhat significant, but not significant enough to warrant their own separate codes. A
good example is SIC code 3469, "Metal Stampings, not elsewhere classified".
Among other things, it includes such products as: ice cream dippers; stamped metal
ashtrays; porcelain enameled cooking ware, store fronts, stove parts, and table tops;
stamped metal floor tile; and electronic enclosures!

- Guiding
principle: in the construction of the SIC code, the guiding principle was: to
group together industries that have similar production
processes. This means that the code reflects the viewpoint of producers
rather than of consumers. (Be warned! This principle was not always consistently
applied.) Here are a couple of examples where the principle has some weird
side-effects:
- In SIC code 3751, motorcycles and bicycles are grouped together. Here you have two
end products which are quite different, but grouped together in one code. This means
that it is very difficult to find data on motorcycles only, or bicycles only: generally,
you must go to trade associations for data.
- In contrast, there are two SIC codes for sugar production: one for sugar made from sugar
cane (2061) and one for sugar made from sugar beets (2063). In this case, you have
end products which are completely interchangeable as far as the consumer is concerned, but
because the production processes are very different, there are two codes. This means
that in order to find data about sugar production, either you must collect data for both
SIC codes, or hope that you can find data collected at the truncated three-digit level.
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How
do I find NAICS codes?
- 'Official' US Government
NAICS Website: (US Census Bureau)
Here is a keyword search engine for the 2002
NAICS codes, and a list of the 1997
NAICS codes. This page also has lots of explanatory material about NAICS. The
'official' print NAICS Manual is in the Raynor Library reference collection (Raynor Ref HF
1042 .N6 1997).
- NAICS Association: this commercial
publisher/research firm also provides a search engine for the 2002 NAICS codes.
Things to know about NAICS
(North American Industry Classification System)
This code is used by the US, but also by Canada and
Mexico. Its development is a result of NAFTA, the North American Free Trade Agreement, and
it allows for comparable statistics among the three NAFTA trading partners. The US Census
Bureau began collecting data using NAICS in 1997, but because of the long publication
cycle for the Census Bureau, NAICS will not completely replace the SIC code till
2004. The code has already been updated once (2002), and there are plans for more
updates as well. Here are a few things to know about NAICS:
- Five- and six-digit codes: The most specific and focused NAICS codes are
always five or six digits. For all three countries, codes are standardized at the
five-digit level. Six-digit codes are specific to the individual countries. This
allows each country to describe its economy according to its own needs.
- Two-, three- and four-digit codes: as with the SIC codes, sometimes you'll
see shorter codes used to describe broader sectors of the economy.
- Primary NAICS (or SIC) codes: A company's primary NAICS code is
for the line of business that generates the most income for the company. Since large
companies often have several lines of business, they also have several NAICS codes. For
example, car manufacturers obviously have the NAICS code 336111 (automobile manufacturing).
Because many of them also offer financing for car buyers, they also have NAICS code
522298 (All other non-depository credit intermediation). Some companies will have half a dozen
or even more codes!
- Who assigns NAICS/SIC codes? Uuummm ... Lots of people and
organizations!
Each statistical agency in the government assigns the codes for its own publications,
based on the answers provided by companies to surveys and questionnaires. In addition, the
companies themselves choose their own NAICS codes when submitting their filings to the SEC.
And commercial publishers have a variety of strategies: some use the codes they find in
corporate documents (e.g. SEC filings); others assign codes themselves.
- If you're getting odd results for a particular NAICS code search (as in, you're missing
some companies you believe should be retrieved, or you're getting companies that you
believe should not be there), you need to contact the data vendor to find out how they
assign or collect NAICS codes.
- Guiding principle: NAICS retains the same guiding principle as SIC: to
group together industries that have similar production processes.
See above for more notes on the implications of this.
- Updates: The code is reviewed and updated as necessary every 5 years.
- Time series data implications: The transition to NAICS from SIC means that
for some industries, time series will be broken. Click here for a page with
more detail on this question.
- Developed cooperatively by the US' Economic Classification Policy Committee (on
behalf of the OMB), Statistics Canada and Mexico's INEGI (Instituto Nacional de
Estadística, Geografía e Informática).
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Converting
codes (from SIC to NAICS or back!):
- Correspondence Tables
(US Census Bureau) Below the search engine for the 2002 NAICS, there are tables for
converting between the 2002 and 1997 NAICS codes, and between the 1987 SIC code and the
2002 NAICS code.
- Jon
Haveman's Industry Concordances: Here are conversion tables for many different
industry classifications, including 1987 SIC and 1997 NAICS.
Intro to Classification | SIC & NAICS | Other codes
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