Success by the Numbers: Statistics for Business Development

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BRASS Program at the ALA Annual Conference
June 28, 2004
Orlando, Florida


Program Handout, part 3

Industry Statistics

Prepared by
Janice Steed Lewis
East Carolina University


State and Local | National | International



STATE AND LOCAL

Bureau of Economic Analysis, U.S. Department of Commerce. Regional Economic Accounts. Washington, DC: Author. Retrieved December 5, 2003 from http://www.bea.doc.gov/bea/regional/data.htm
BEA’s annual estimates of gross state product. Website features interactive tables and maps that offer customization by industry, GSP component, state or region, and year. Businesses use this data for market research.

Economic Development Information System, North Carolina Department of Commerce. North Carolina County Profiles. Raleigh: Author. Retrieved December 5, 2003 from http://cmedis.commerce.state.nc.us/countyprofiles/
Provides demographic profiles of each county. Data include unemployment rate, employment and wages by sector, announced jobs and investments, and announced closings and layoffs.

Small Business Administration. Small Business State Profiles. Washington, DC: Author. Retrieved December 5, 2003 from http://sba.gov/advo/stats/profiles/
State profiles include basic information on the small business economy such as small business income, industry composition, number of firms, women and minority-owned firms, job creation and banking information. Profiles from 1996 – present are available on the website.

United States Census Bureau. County Business Patterns. Washington, DC: Author. Retrieved November 20, 2003 from http://www.census.gov/epcd/cbp/view/cbpview.html
County Business Patterns is an annual series that provides subnational economic data by industry. County Business Patterns covers most of the country's economic activity. The series excludes data on self-employed individuals, employees of private households, railroad employees, agricultural production employees, and most government employees.

United States Census Bureau. Local Employment Dynamics. Washington, DC: Author. Retrieved March 22, 2004 from http://lehd.dsd.census.gov/led/00/index.html
LED is a new state/federal partnership that provides local labor market information. Its first product – the Quarterly Workforce Indicators database – provides data by county and metro area for variables including employment, job creation, turnover, earnings, and new hires by age and sex. Data is available for for broad industrial categories (mining, manufacturing, etc.), four-digit SIC codes, and at the aggregate level. States are being added incrementally; 22 states were included in the database in March 2004.

See also the State Forecast sources listed in the previous section, which often describe current industrial activity at the state level.

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NATIONAL

Air Transport Association
http://www.airlines.org
Retrieved March 22, 2004
This website is a good example of a trade association website that provides extensive free statistical information relating to the industry.

Darney, A.J. (Ed.). (2001). Information, Finance & Services USA. Farmington Hills, MI: Gale Group.
Darnay, A.J. (Ed.). (2001). Infrastructure Industries USA. Farmington Hills, MI: Gale Group.
Darnay, A.J. (Ed.). (2003). Manufacturing & Distribution USA (2d ed.) Farmington Hills, MI: Gale Group.
This series covers various industries. Information is compiled primarily from economic census and Department of Labor data and presents preanalyzed data, ratios, and projections in a standard format. A handy compilation for quick reference and student use.

Datamonitor Business Information Centre [subscription database]. New York: Datamonitor. Retrieved March 19, 2004 from http://www.datamonitor.com
"Library Services" program includes 2,500+ market profiles for key industrial and consumer sectors across the world’s leading economies. The 10-20 page reports cover market share, value, volume, and segmentation data, competitive landscape, leading companies, distribution channels, definitions and key terms, and forecasts.

Global Insight [subscription database]. New York: Wiley. Retrieved March 19, 2004 from http://www.globalinsight.com
Analyzes more than 130 major industries in the United States, providing details on the past, present, and future economic health of each. Contains reviews and forecasts covering such key indicators as imports, exports, GDP, unemployment, and housing starts.

Encyclopedia of Associations. (Annual). Farmington Hills, MI: Gale Group.
A useful general source for locating relevant trade associations.

Encyclopedia of Business Information Sources. (Annual). Farmington Hills, MI: Gale Group.
Another useful general source for locating relevant trade and industry associations and their publications.

Investext [subscription database]. Farmington Hills, MI: Gale Group. Retrieved March 19, 2004 from http://www.galegroup.com
Provides the full text of two million company, industry, and geographic research reports written by analysts at more than 600 leading investment banks, brokerage houses, and consulting firms worldwide. The reports are particularly useful for market research, strategic planning, competitive analysis, and financial forecasting.

Mergent Industry Review. NY: Mergent FIS.
Provides key financial information, operating data, and ratios on approximately 6,000 companies in 137 industry groups. Companies in each industry are ranked according to 12 key financial, operating, and investment criteria. Operating statistics are updated twice a year.

Small Business Administration. Small Business Economic Indicators. Washington, DC: Author. Retrieved December 5, 2003 from http://sba.gov/advo/stats/#general
Contains current data on small business activity (new firms, employment, income, and terminations) at the national and state level. Also includes employment by industry and change in employment within industries from one year to the next.

Standard and Poor's Analyst's Handbook. New York: Standard & Poor’s.
Provides industry composite ratios and combined income sheet and balance sheet items for sectors, industry groups, industries, and sub-industries. The figures can be used to compare a company’s performance to that of the industry group.

Standard and Poor’s Industry Surveys. New York: Standard & Poor’s.
Covers 52 industries ranging from advertising to transportation. Each survey includes recent developments, industry basics, and company data. The body of each survey contains numerous charts and graphs presenting statistical data relevant to the industry.

Standard and Poor’s Statistical Service. New York: Standard and Poor’s.
Loose-leaf. Provides current and historical statistics for the following areas: banking and finance; building and building materials; energy, electric power and fuels; metals; transportation; textiles; chemicals; paper; agricultural products.

Statistical Universe. [subscription database] Dayton, OH: LexisNexis.
Web version of three print indexes to materials which contain statistics: American Statistics Index (indexes federal government publications), Statistical Reference Index (indexes state government publications and privately published materials), and Index to International Statistics (indexes international organizations). Many of the citations include hyperlinks to the full text at the original source of publication.

Statistics of U.S. Businesses. Washington, DC: U.S. Census Bureau. Retrieved November 20, 2003 from http://www.census.gov/csd/susb/susb.htm
Annual series that provides national and subnational data on the distribution of economic data by size and industry.

TableBase [subscription database]. Farmington Hills, MI: GaleGroup.
International in scope and covering more than 90 industries, TableBase offers access to thousands of industry forecasts, production and consumption statistics, market share, rankings, imports and exports, number of users/outlets, usage and capacity, and trends.

United States Census Bureau. Annual Survey of Manufactures. Washington, DC: Author. Retrieved November 20, 2003 from http://www.census.gov/mcd/asmhome.html
Provides sample estimates of statistics for all manufacturing establishments with one or more paid employee. Among the statistics included in this survey: employment, payroll, value added by manufacture, cost of materials consumed, value of shipments, detailed capital expenditures, supplemental labor costs, fuels and electric energy used, and inventories by stage of fabrication.

United States Census Bureau. Current Industrial Reports. Washington, DC: Author. Retrieved November 20, 2003 from http://www.census.gov/cir/www/index.html
Provides monthly, quarterly, and annual measures of industrial activity. These surveys measure manufacturing activity in important commodity areas such as textiles and apparel, chemicals, primary metals, computer and electronic components, industrial equipment, aerospace equipment, and consumer goods.

United States Census Bureau. United States Economic Census. Washington, DC: Author. Retrieved November 20, 2003 from http://www.census.gov/epcd/www/econ97.html
The Economic Census profiles the US economy every 5 years, from the national to the local level. The Economic Census covers nearly all of the U.S. economy in its basic collection of establishment statistics. There also are several related programs, including statistics on minority- and women-owned businesses. Censuses of agriculture and governments are conducted at the same time. Data is used by businesses to determine market share, compare their operating ratios to census averages, for business-to-business marketing, targeting sales, and monitoring business activity. Results from the 2002 Economic Census will be issued on the Internet and on CD-ROM, starting in early 2004 and continuing for more than 2 years. Only a few summary reports will be issued in print.

United States Department of Commerce. Bureau of Economic Analysis Website. Washington, DC: Author. Retrieved November 14, 2003 from http://www.bea.doc.gov/beahome.html
Provides data on corporate profits, input-output accounts, GDP by industry, and capital flow. The Survey of Current Business, published monthly by the Bureau of Economic Analysis, is available on the website.

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INTERNATIONAL

Canadian Business Information by Sector. Ottawa: Industry Canada. Retrieved March 19, 2004 from http://strategis.ic.gc.ca/sc_indps/engdoc/homepage.html
Statistics, analysis, and industry profiles. Access by sector name or industrial category (manufacturing, resource, service, technologies, miscellaneous).

Canadian Industry Statistics. Ottawa: Industry Canada. Retrieved March 19, 2004 from http://strategis.ic.gc.ca/sc_ecnmy/sio/homepage.html
Presents statistical analyses of manufacturing industry trends for establishments, employment, wages, production, costs, investment, international trade, and industry performance in Canada for the ten most recent years. Includes data from the Annual Survey of Manufacturers, Capital and Repairs Expenditure survey, and the Canadian Business Patterns database. Industries are defined according to the North American Industry Classification System (NAICS).

Fleming, M.C. & Nellis, J.G. (Eds.). (1995). Instat: International Statistics Sources: Subject Guide to Sources of International Comparative Statistics. London and New York: Routledge.
Subject guide to around 400 sources of international statistical data published by both public and private bodies. The section on industries focuses on data regarding the organization and structure of particular industries, including agriculture, chemicals, consumer goods, metals, paper products, textiles, and transport equipment, among others. Still useful although no websites are included.

GlobalEDGE Resource Desk. East Lansing: Center for International Business Education and Research, Michigan State University. Retrieved November 14, 2003 from http://globaledge.msu.edu
Web portal for international business data. Country Insights includes links to official and non-official statistical data sources for more than 190 countries. These data sources generally include useful aggregate information covering manufacturing and retail activity, as well as other industrial statistics.

ICON Global Intelligence [subscription database]. San Diego: ICON Group International, Inc. Retrieved November 19, 2003 from http://www.icongrouponline.com/library/ and http://www.epnet.com/academic/icon.asp
Provides reports and exportable spreadsheets including industry and product reports, company specific reports, geographic reports, global managerial reports, world tables, and culture statistics. Produced by ICON Group International, Inc., one of the world’s largest publishers of global market research and business intelligence, specializing in high-end industry studies and research. Available to libraries through EBSCO Information Services.

Industrial Commodity Statistics Yearbook. New York: United Nations.
Annual publication that provides statistics on the production, in physical quantities, of about 530 industrial commodities by country, geographical region, economic grouping and for the world in 590 tables. It includes data for a ten-year period for about 200 countries. The data are extracted from the UN Statistics Division Commodity Production Statistics Database. This database is also available on CD-ROM. Pricing for the full database covering the years 1950-2001 is very reasonable. Customized subsets of the database are available for a fee.

International Yearbook of Industrial Statistics. (Annual). Vienna: United Nations Industrial Development Organization.
Part I deals with the manufacturing sector as a whole and with its branches. Statistical indicators are presented in terms of percentage distributions, cross-country averages, ratios and real growth rates that aid international comparisons. Such comparisons enable analysis of growth patterns, structural change, and industrial performance in individual industries. Part II consists of a series of country/area-specific tables showing detailed data on selected basic statistics that were reported by national statistical offices. Selected industrial country statistics are freely available on the UNIDO website at: http://www.unido.org/Regions.cfm?area=GLO

National Accounts Statistics: Main Aggregates and Detailed Tables. New York: United Nations.
Yearbook contains detailed national accounts estimates for 178 countries and areas.

National Statistics Online. London: Office for National Statistics. Retrieved November 14, 2003 from http://www.statistics.gov.uk/default.asp
The United Kingdom's official statistics site, reflecting Britain's economy, population and society at national and local level. Statistical data for industries ranging from cinema to telecommunications is also provided.

OFFSTATS: Official Statistics on the Web. Retrieved December 3, 2003 from http://www2.auckland.ac.nz/lbr/stats/offstats/OFFSTATSmain.htm
International directory of free and easily accessible statistics from official sources for major countries of the world. Organized by country, region and topic. From the University of Auckland Library.

SourceOECD [subscription database]. Retrieved December 5, 2003 from http://www.sourceoecd.org
Source OECD is the online publications portal of the Organisation for Economic Co-operation and Development. Statistics of interest include economic indicators and projections, research and development expenditures, industry- and aggregate-level indicators of industrial structure, national accounts, and data for detailed industry and service sectors.

United Nations Common Database ( UNStats) [subscription database]. New York: United Nations. Retrieved March 19, 2004 from http://unstats.un.org/unsd/cdb/cdb_help/cdb_quick_start.asp
Provides access to more than 300 statistical series, from 30 international sources, for 608 countries and areas. The date coverage varies for each statistical series and country. Some series have data from the late 1940s to the present. The series can be accessed alphabetically, by sources or by topics.

United Nations. Statistical Yearbook. New York: Author.
This annual compilation of statistics for over 200 countries and areas of the world is organized in four parts: world and region summary; population and social statistics; economic activity; and international economic relations. Also available on CD-Rom, with more than 400 time series based on data from nearly 20 international statistical sources and specialized organizations.

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bullet Success by the Numbers: Statistics for Business Development
BRASS Program at the ALA Annual Conference, June 28, 2004, Orlando, Florida
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