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Locating Industry Information

Locating industry information is an important aspect of your business research. Some important questions to be asked:
What is the current state of the industry?
Where are the areas of growth?
What new products are being introduced?
How are new technologies affecting the industry?
Who are your major competitors?
What is your market? Who are your consumers?
What are the primary companies in this industry?

Before you begin your research, find the SIC and NAICS code for your industry.

To assist in this process, it’s important to know the SIC (Standard Industrial Classification) code for the industry. To find this, use the Standard Industrial Classification (Ref 1042.A55 1987) guide. Beginning in 1997 the NAICS North American Industry Classification System (Ref HF1042.N67 ) took effect. This system was developed to provide a uniformity for the United States, Canada, and Mexico for the collection, analysis, and dissemination of industry statistics. A chart comparing the SIC and the NAICS is included.

Standard Industrial Classification Search is an online version of the SIC manual.

The North American Industry Classification also provides conversion tables from SIC to NAICS.


LOCATING INDUSTRY INFORMATION | OVERVIEW | NEWS | WEB SITES | STATISTICS | LEGAL INFORMATION | FINANCIAL RATIOS |   MARKET INFORMATION


 

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Page created by Barbara Burd; updated 2001.
Send comments to Leanne Strum, Business Librarian
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