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Industries 

Last update: Jul 20th, 2009 URL: http://libguides.mit.edu/industries  Print Guide  RSS Updates

Industry Codes            Print Page
  

North American Industry Classification System (NAICS)

The North American Industry Classification System (NAICS) was devised to bring together the systems of Canada, Mexico, and the United States and was adopted in 1997. The codes are broken down to 5- and 6-digit classifications.

Standard Industrial Classification (SIC)

The SIC system begins with nine major categories -- agriculture, forestry, and fishing; mining; construction; manufacturing; transportation, communications, and public utilities; wholesale trade; retail trade; finance, insurance, and real estate; and services. These groups are divided into two-digit codes, then broken down to three-digit industry groups and finally into four-digit industry codes. SIC is predecessor of NAICS and is still widely used.

 
 

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