Elvis Picardo is a regular contributor to Investopedia and has 25+ years of experience as a portfolio manager with diverse capital markets experience. Dr. JeFreda R. Brown is a financial consultant, ...

In this era of data-driven economy, it is a necessity to distinguish and categorize business to comply with regulatory requirements, market research, and business-related decision-making. Standardized ...

Standard Industrial Classification (SIC) codes were routinely used in the United States to unambiguously identify industry categories for individual companies and facilities. SIC codes were later ...