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).

Research and Development in the Physical, Engineering, and Life Sciences, Statistics, Usage, Identification and classification, Statistics (Data), Industry, Statistics (Mathematics), Standard Industrial Classification, Industry classification, North American Industry Classification System

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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.

Marketing, Online services, Internet services, Information services, Hispanic Americans

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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.

Market information - general, Transportation, Finance, Transportation industry, Hispanic Americans in business, Hispanic American businesspeople

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