Friday, July 23, 2010

Industry Snapshots from the Economic Census

When I am assisting a business with start-up information, I find that industry statistics are particularly helpful. A wonderful source for industry statistics is the Economic Census. A useful information tool available from the Economic Census are Industry Snapshots. 2007 data is available for the majority of 6-digit NAICS codes and snapshots can be obtained for 3, 4, and 5-digit codes as well. Each snapshot provides comparisons between the current census and the previous one. Maps of the United States divided by state are provided that show various industry statistics, including sales per capita, number of establishments, payroll per employee, etc. There is an option titled "Compare YOUR Business" that compares a single business to national averages. And a "Did You Know" feature provides interesting factoids on the Industry. All in all, this is a useful AND interesting tool from the U.S. Census.

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