NAICS (pronouced NAKES), the North American Industry Classification System, is the 6-digit industry classification system developed in cooperation with Canada and Mexico for classifying businesses for the purposes of collecting, analyzing and publishing statistical data.
The SIC (Standard Industry Classification) Code is the system used by US government agencies to classifying industries by a four-digit code. It was to be replaced by the NAICS code, but some databases and agencies still use the SIC Codes.
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