Yes, it's true! When the Census develops revised classification criteria later this year, it's anticipated that most of the 5,732 plumbing & heating wholesale locations that are now classified as retail locations will be "recovered."
The use of the now-obsolete SIC code system and the information that it historically provided to the business community was something no one really thought twice about. But did you know that the SIC code system was replaced by the North American Industry Classification System (NAICS) in 1997? The new NAICS system is in use today, and is helping today's decision makers take action on the basis of somewhat skewed statistics.