SIC codes face extinction: a replacement fror Standard Industrial Classification affects everything from import duties to federal contracts
Article Abstract:
The North American Industrial Classification System (NAICS) will replace the traditional Standard Industrial Classification (SIC) to accommodate the US, Canada and Mexico as NAFTA trading partners. The NAICS codes classify many kinds of businesses that did not exist when SIC was created in the late 1930s. It covers 250 new service industries whose importance includes their 75% contribution to the US Gross Domestic Product (GDP).
Publication Name: Hispanic Business
Subject: Ethnic, cultural, racial issues/studies
ISSN: 0199-0349
Year: 1999
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Discovering Hispanics' cyber tendencies
Article Abstract:
Internet service providers are working to make online services more accessible and attractive to the Hispanic American market of almost 30 million people. The expanding buying power of Hispanic Americans along with the increased use of the Internet has made the U.S. Hispanic population a prime target for online services.
Publication Name: Hispanic Business
Subject: Ethnic, cultural, racial issues/studies
ISSN: 0199-0349
Year: 1999
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Transportation: mergermania, funded by large, publicly traded carriers, drives a consolidation wave in the trucking industry
Article Abstract:
The transportation industry accounts for less than 1% of the total Hispanic Business 500 revenues, the smallest sector on the list. Last year, the average transporation company lost almost one-third of its business. Labor shortages and lack of capital made growth difficult for the essentially small companies.
Publication Name: Hispanic Business
Subject: Ethnic, cultural, racial issues/studies
ISSN: 0199-0349
Year: 1999
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