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Doing Industry Research: A Resource Guide

Classification Codes

trade cards
[Trade cards]. [no date given]. Library of Congress Prints and Photographs Division.

There are various systems used to classify business entities. They are used for statistical purposes and in databases as part of the indexing. Knowing these schemes can make industry research a bit easier because most databases, many of the print sources, and the U.S. government (most notably the Census) use them to create charts, graphs, lists, and indexes.

Additional information

Forum for Research in Empirical Trade (F.R.E.I.T) is an international organization and does include empirical international trade researchers. There are concordances for: External

From ISIC (Rev 3)
From SITC
From usSIC
From cSIC
From HS
From TSUSA
From NACE
From NAICS
From PRODCOM

"S.I.C. Pursuits: The Consequences and Problems of Classifying Establishments for Government Statistic," by Rolf R. Schmitt and Michael Rossetti. In Proceedings of the Urban and Regional Information Systems Association: 1987, Volume IV, pp. 15-24.
Online edition at Bureau of Transportation Statistics

This review, prepared by the representatives of the U.S. Department of Transportation to the Technical Committee on Industrial Classification in connection with the Standard Industrial Classification System (SIC) code revision, provides a brief overview of the SIC System and discusses issued raised in relation to its revision.

Ryan L. Phillips & Rita Ormsby (2016) "Industry classification schemes: An analysis and review," External Journal of Business & Finance Librarianship, 21:1, 1-25

This article examines the industry classification schemes used in business research including the Standard Industrial Classification (SIC) the North American Industry Classification System (NAICS) to market-based industry classification schemes like the Global Industry Classification and the Industry Classification Benchmark. The examination answers why there are so many, who developed them, and for what purpose. The article also introduces the new Sustainability Industry Classification System from the Sustainable Accounting Standards Board. External