How Are the U.S. Textiles and Apparel Industries Defined?
The Standard Industrial Classification (SIC) system for the United States was first used in 1939. The system’s purpose was to classify establishments by type of economic activity in order to facilitate data collection and analysis, and to promote uniformity and comparability across the Federal Government. The system was periodically revised reflecting changes in the U.S. economy and was last modified in 1987. In the 1990s, the Office of Management and Budget established a committee to respond to criticisms of the SIC and to explore new ways to classify economic activity. As a result, the North American Industrial Classification System (NAICS) was developed and released in 1997. NAICS replaced SIC. NAICS uses a production-oriented or supply-based framework instead of the product-oriented framework of the SIC. NAICS codes were implemented in different data series at different times over 1999-2004. Here are the industries used in this analysis, which covers 1994-2004 and, thus, both class
