Local Market Research report details (available for 50 states, DC, PR and VI; and for 250 metro areas)
BizMiner Local Market Research Reports present detailed industry trends and marketing research benchmarks for more than 16,000 lines of business in more than 300 local market areas. Each 3-year report presents industry averages and market research statistics industry-wide, as well as for small businesses and startups in the specific industry selected. The reports display hundreds of critical industry analysis measures including local industry sales volumes, average local company sales, local failure rates and local market share statistics.
Each Local Market Research report identifies the number of industry firms, small business, startups and total business establishments in the market area whose data is applied to the analysis, and includes these contents. All metrics are specific to the local market selected except where specifically indicated:
P1: Industry Population (industry-wide, small business and startups ), Time Series
P2: Industry Failure Rates: industry-wide, small business and startups
P3: Industry Market Volume, Average Company Sales ( industry-wide, small business and startups): Market volume measures are presented as both reported (locally based headquarter operations) and generated (locally transacted) sales.
P4: Company Sales Class Trends
P5: Market Share by Sales Class, Average Annual Company Sales by Class
P6: Market Share by Segment (industry-wide, small business and startups), Sales Per Employee (industry-wide at the national-level, small business and startups at local levels)
P7: Facility Employment Class Trends, Average Employment Trends
P8: Entrepreneurial Activity, New Branch Development, Sales-Employment Growth Indices
P9: Industry Concentrations, Consolidation Trends, Emerging Vitality Chart
P10: About the Data section
A detailed listing of included state or metro area industry marketing research metrics follows:
Current Local Industry Population Analyzed (3 years) displays the number of local market area business operations in these categories: establishments; firms, small business, startups and branches.
Local Industry Failure Rates: Displays local market area firms tracked, surviving firms, failure rates (%) for business establishments, firms, small business, startups and branches
Local Industry Annual Market Volume (3 years)
Local Industry Average Annual Sales (3 years): Data is presented for all local firms, small business, startups, and survivor average sales for each segment. Growth percentages are displayed.
Local Industry Sales Class Trends (3 years): 14 sales groups are presented, including the number of firms and percentage in each sales class.
Local Industry Market Share by Sales Class (3 years): 14 sales groups are presented, including total sales within each sales class and percentage of total market volume in each.
Local Industry Average Annual Company Sales by Sales Class (3 years): 14 sales groups are presented, including average company within each sales class.
Local Industry Market Share by Segment (% of total industry sales for each of 3 years) is presented for the local market area industry, small business, startups and the survivor firm share for each segment.
Local Annual Industry Sales per Employee (3 years)is analyzed for all US industry firms, and for local market area small business, startups and survivor average sales per employee for each segment.
Local Facility Employment Class Trends (3 years): 11 employment categories are presented, including the number of local market area business establishments and percentage in each sales class.
Local Average Industry Employment Trends (3 years): all local industry establishments, small business, startups and survivor firm employment for each segment.
Local Industry Vitality Trends: Market area Entrepreneurial Activity (Startup) Rate benchmarked against the national industry average (1 year); New Branch Development Rate benchmarked against the national industry average (1 year); Sales Growth Rate and Index benchmarked against the national industry average (3 years); Employment Growth Rate and Index benchmarked against the national industry average (3 years); Industry Concentrations (quotients) benchmarked against the national industry average for Sales, Employment and Business Establishments (3 years); Industry Consolidation Trends - branches as a percentage of all industry establishments, benchmarked against the national industry average (3 years). |