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What is the difference between NAICS Codes and SIC Codes?

April 14, 2017March 20, 2017
Image text reads "SIC vs. NAICS" in blue and red letters on a white background.

What Exactly Are NAICS & SIC Codes? SIC:   The Standard Industrial Classification (SIC) system was originally developed in the 1930’s to classify establishments by the type of activity in which they are primarily engaged. The purpose of this task was to promote the comparability of establishment data to describe the US and Canadian Economies. …

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Tags industry codes, naics, NAICS & SIC, sic

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