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BizMiner profiles analyze a base of
more than 18 million US firms to develop market intelligence,
industry trends and benchmarks. Marketing Research Profiles
benchmark average and "survivor" firms for employment, sales,
growth and sales per employee, as well as a variety of market
vitality measures. Profiles covering more than 1,000,000
industry and area segments can be accessed at
www.bizminer.com. |
This page displays the number of firms
in the database for each industry segment, and analyzes
three-year failure rates for each. The rest of your profile
analyzes these Marketing research trends:
|
|
|
|
Firms Analyzed: |
|
Failure Rates: |
| Yr1: |
| Yr2: |
| Yr3: |
7/02 | See P5 for explanation of the Time
Series.
|
Current Industry
Segments Analyzed: |
|
Firms: |
539,815 |
The count of firms in industry segments
is a factor in quantifying market scope and industry
composition. |
| Establishments: |
576,315 |
|
Small
Businesses: |
525,890 |
| Startups: |
10,764 |
| Branches: |
36,500 |
Firms and Establishments:
Firms are companies. Branches are subsidiary facilities of
firms. Firms plus branches equals the number of establishments
in an industry or area
Failure Rates
| |
Yr1 Firms |
Yr3 Survivors |
Failure Rates |
| Firms: |
513,438 |
384,905 |
25.03% |
| Establishments: |
546,823 |
414,832 |
24.14% |
| Small Business: |
499,349 |
372,917 |
25.32% |
| Startups: |
6,841 |
4,653 |
31.98% |
| Branches: |
33,385 |
28,197 |
15.54% |
Failure Rates occasionally
reflect performance above 100% or below 0% due to business
migration among industries (changes in primary business line)
during the analysis period.
|
Contents:
P1:
Industry Segmentation and Failure
Rates P2: Market Scale, Sales and
Sales Class Trends P3: Sales per
Employee, Staffing and Employment Class
Trends P4: Emerging Vitality:
Startup Activity, New Branch, High Growth Firm
Rates P5: About the
Data |
|
| * Market Volume calculates sales of
US firms and US-reporting subsidiaries of firms
headquarted outside the US. Data reflects those firms
identifying this industry as their primary line of
business. |
Total market share and
average facility sales help determine the priority of
various industry
segments.
|
Average Annual Sales
| |
Firms |
Small
Business |
Startups |
Yr1 Avg
Sales:
|
195,588
|
114,034
|
113,843
|
| Yr2 Avg Sales: |
197,216 |
113,555 |
111,780 |
| Yr3 Avg
Sales: |
183,663 |
113,911 |
108,055 |
| Change:
Yr1 to Yr3 |
-6.10% |
-0.11% |
-5.08% |
| Survivor
Avg Sales: |
211,419 |
119,587 |
117,645 |
| Change:
Yr1 to Yr3 |
8.09% |
4.87% |
3.34% | |
|
|
|
Annual Sales
Yr1:ending |
7/00 |
| Annual Sales Yr2:ending |
7/01 |
| Annual Sales Yr3:ending |
7/02 |
| Annual Sales Survivor:ending |
7/00 -
7/02 |
| Annual Market Volume:ending |
7/02 |
.png)
|
The Sales Class analysis
reflects firm growth patterns, and can suggest the impact of
larger firms on the analysis of Market Volume and Average
Sales.
Company Sales
Class Trends |
| |
Yr1 |
Yr3 |
Yr3
Survivors |
Yr1% |
Yr3
% |
Yr3 Survivors
% |
| <$200k |
459,146 |
493,132 |
346,596 |
89.43% |
91.35% |
90.05% |
| $200k-499k |
25,136 |
26,820 |
23,326 |
4.90% |
4.97% |
6.06% |
| $500k-999k |
6,643 |
6,985 |
6,095 |
1.29% |
1.29% |
1.58% |
| $1m-$2.49m |
3,101 |
3,270 |
2,842 |
0.60% |
0.61% |
0.74% |
| $2.5m-$4.99m |
747 |
775 |
700 |
0.15% |
0.14% |
0.18% |
| $5m-$9.99m |
338 |
361 |
328 |
0.07% |
0.07% |
0.09% |
| $10m-$24.99m |
180 |
164 |
154 |
0.04% |
0.03% |
0.04% |
| $25m-$49.99m |
55 |
63 |
61 |
0.01% |
0.01% |
0.02% |
| $50m-$99.99m |
36 |
30 |
27 |
0.01% |
0.01% |
0.01% |
| $100m-$249.99m |
24 |
30 |
28 |
0.00% |
0.01% |
0.01% |
| $250m -
$499.99m |
5 |
8 |
8 |
0.00% |
0.00% |
0.00% |
| $500m -
$999.99m |
9 |
11 |
11 |
0.00% |
0.00% |
0.00% |
| >$1b |
5 |
3 |
3 |
0.00% |
0.00% |
0.00% |
| unknown |
18,013 |
8,163 |
4,726 |
3.51% |
1.51% |
1.23% |
| Total |
513,438 |
539,815 |
384,905 |
100.00% |
100.00% |
100.00% | |
|
Time Series Table:
this page |
|
Annual Sales per
Employee Yr1: |
7/00 |
Annual Employment Yr1: |
7/00 |
|
Annual Sales per
Employee Yr2: |
7/01 |
Annual Employment Yr2: |
7/01 |
|
Annual Sales per
Employee Yr3: |
7/02 |
Annual Employment Yr3: |
7/02 |
| Survivor: |
7/00 - 7/02
|
. |
|
|
US Sales per Employee
($) |
|
|
|
Yr1 SPE: |
46,881 |
39,319 |
48,684 |
| Yr2 SPE: |
47,008 |
39,377 |
42,622 |
| Yr3 SPE: |
49,648 |
44,096 |
52,854 |
| Survivor SPE: |
50,997 |
41,972 |
46,891 | Sales per employee data indicates
productivity in industry segments. |
|
|
Facility Employment
Class |
| |
1 emp |
2-4 emps |
5-9 emps |
10-24 emps |
25-49 emps |
50-99 emps |
100-249 emps |
250-499 emps |
500-999 emps |
>1,000 emps |
unknown |
| Yr1
|
168,609 |
283,318 |
58,135 |
26,169 |
4,268 |
1,465 |
715 |
138 |
46 |
36 |
3,931 |
| Yr3 |
207,655 |
267,888 |
58,117 |
26,739 |
4,326 |
1,469 |
687 |
113 |
39 |
12 |
9,270 |
| Yr3
Survivors |
149,544 |
180,373 |
50,176 |
23,089 |
3,686 |
1,265 |
607 |
101 |
35 |
11 |
5,945 |
| Percentage breakdown
|
| Yr1 |
30.83% |
51.81% |
10.63% |
4.79% |
0.78% |
0.27% |
0.13% |
0.03% |
0.01% |
0.01% |
0.72% |
| Yr3 |
36.03% |
46.48% |
10.08% |
4.64% |
0.75% |
0.25% |
0.12% |
0.02% |
0.01% |
0.00% |
1.61% |
| Yr3
Survivors |
36.05% |
43.48% |
12.10% |
5.57% |
0.89% |
0.30% |
0.15% |
0.02% |
0.01% |
0.00% |
1.43% |
|
Facility employment class
breakdowns help identify target
categories. |
|
.png)
|
Staffing scale and
trends reflect vitality in various industry segments.
Average Employment
Trends
| |
Yr1 Emps. |
Yr2 Emps. |
Yr3 Emps. |
Yr3 Survivors |
| Industry: |
4 |
4 |
4 |
4 |
| Small Business: |
3 |
3 |
3 |
3 |
| Startups: |
2 |
3 |
2 |
3 |
| Branches: |
12 |
11 |
11 |
11 | |
|
Consolidation Trends
|
|
Industry Branch
Concentration Yr1: |
| Industry Branch Concentration Yr2: |
6.02% |
|
Industry Branch
Concentration Yr3: |
| All US Branch Concentration Yr1: |
10.88% |
| All US Branch Concentration Yr2: |
13.14% |
| All US Branch Concentration Yr3: |
13.41% |
Consolidation trends can
suggest the extent to which control is tightening over
industry decision processes. |
Current and future vitality is indicated by
area entrepreneurial activity, new branch development and
concentrations of high growth firms measured by sales and
employment. Industry indices above 1.00 surpass economy-wide
patterns by the margin indicated, while indices below 1.00
fall behind overall trends.
|
US Industry = 1.00 in
all market vitality index ratings.png) |
|
Entrepreneurial
Activity |
|
US All-Industry Startup
Rate: |
6.90% |
|
Segment Startup
Rate: |
6.69% |
| Segment Startup Index: |
0.97 |
|
|
New Branch
Development |
|
US All-Industry New
Branch Rate: |
1.03% |
|
Segment New Branch
Rate: |
0.41% |
| Segment New Branch Index: |
0.40 | |
|
High Growth Firms by
Employment |
|
US All-Industry High
Growth Emp Rate: |
0.81% |
|
Segment High Growth Emp
Rate: |
0.44% |
| Segment HG Emp Index: |
0.54 | |
|
High Growth Firms by
Sales |
|
US All-Industry HG Sales
Rate: |
1.46% |
|
Segment HG Sales
Rate: |
0.26% |
| Segment HG Sales Index: |
0.18 | see page 5 for definitions of vitality
measures... |
|
About the
Data
Information in
this report is developed from data covering more than 18 million US
establishments. While the Brandow Company believes that the information
contained in this report represents an accurate picture of trends and
performance, no claim is made as to the accuracy of the databases utilized
or the results of subsequent analyses. The analysis of industry business
operations is based on information supplied largely by business owners.
Inaccurate information supplied by business owners or representatives may
affect the analysis. Failure rates assume that the discontinuation of a
facility's presence among the credit reporting databases reflects the
discontinuation of operations of that facility. Startup and new branch
rates may include firms with a change in ownership rather than completely
new business formation. The Brandow Company is not responsible for
conclusions drawn or decisions made based upon this data or analysis. In
no event will the Brandow Company be liable for any damages, direct,
indirect, incidental or consequential resulting from the use of the
information contained in this report.
The Time Series:
Our Profiles are adjusted to account for time lags in raw data. We adjust
the time series to compensate, and the dates shown in the reports
generally reflect the actual time series shown in the Time Series tables
in each Profile. “Yr3” denotes the quarter “snapshot” at the end of the
time series. “Yr1” is the quarter snapshot at the start of the time
series. The specific year and quarter for each is always noted in the Time
Series table on the first page of every Profile.
Firms and Establishments: Firms are companies. Branches are subsidiary facilities
of firms. Firms plus branches equals the number of establishments in an
industry or area.
Startup
Definition: In order to reduce distortion
and focus the analysis on the startup population of greatest interest to
our users, the startup sales and employment analysis limits the definition
of startups to single site firms with fewer than 50 employees, with less
than $10m annual sales and reporting one year or less of operation.
Small Business
Definition: In order to focus the analysis
on the small businesses of greatest interest to our users, the analysis
defines small businesses as single site firms with fewer than 25
employees.
Failure
Rates: The failure rate tracks the actual
experience of firms and branches doing business at the start of the time
series (Yr1), and still in operation today. "Survivor" firms are
establishments in a given category which have maintained operations for at
least three years. Survivor measures benchmark these successful firms,
rather than more common "average" or "typical" firm measures. Failure
Rates occasionally reflect performance above 100% or below 0% due to
business migration among industries (changes in primary business line)
during the analysis period.
Area Market Volume: Reported Area Volume includes sales figures from
multi-site firms located in the industry, generally including branch
revenues. Also includes sales of US firms and US-reporting subsidiaries of
firms headquartered outside the US. Local Generated Market Volume projects
sales volume based on the number of local industry employees and national
sales per employee data developed by BizMiner.
Startup Activity: The Startup Activity Rate measures the percentage of all
firms which indicated one year or less of operation during the period
indicated in the Time Series table. These firms are compared to the number
of firms in the industry for which ages can be identified. The Startup
Activity Index benchmarks the result against national all-industry startup
patterns.
High Growth Jobs
and High Growth Sales:The High Growth Jobs
Rate benchmarks concentrations of business establishments with high job
growth. Rates calculate the number of high job growth establishments as a
percentage of all firms which reported fewer than 10,000 jobs at the start
of the analysis period. Ratings measure firms which: began with fewer than
5 jobs in 1998 and grew to more than 10; with fewer than 10 jobs and grew
to more than 25; with fewer than 25 jobs and grew to more than 50; with
fewer than 50 jobs and grew to more than 100; with fewer than 100 jobs and
grew to more than 250; and with fewer than 250 jobs and grew to more than
500; fewer than 500 and grew to more than 1,000; fewer than 1,000 and grew
to more than 2,500; fewer than 2,500 and grew to more than 5,000; and
fewer than 5,000 and grew to more than 10,000.
The High Growth
Sales Rate benchmarks concentrations of firms with high sales growth.
Rates calculate the number of high growth firms as a percentage of all
firms which reported less than $50 million in annual sales at the start of
the analysis period. Ratings measure firms which: began with less than
$200k in annual sales and grew to more than $500k; with less than $500k in
annual sales and grew to more than $1m; with less than $1m and grew to
more than $2.5m; with less than $2.5m and grew to more than $5m; with less
than $5m in annual sales and grew to more than $10m; with less than $10m
and grew to more than $25m; with less than $25m and grew to more than
$50m; with less than $50m and grew to more than $100m; with less than
$100m and grew to more than $250m; with less than $250m and grew to more
than $500m; and with less than $500m and grew to more than
$1b.
New Branch
Rate: calculates the number of recently
developed branches to total industry firms. Industry Consolidation: trend measures compare the percentage of branch
facilities relative to all industry firms at two different points in
time. Indexed Emerging Market
Vitality: measures compare local industry to
national industry rates, where the national rate equals 1.00.
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