Researching Industries
Researching your industry and market is integral to successful business plan research. Industry & market research reports found on commercial databases give insight into:
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To learn more, check out the Getting To Know Your Industry video tutorial on the Small Business Accelerator. The purpose of the tutorial is to interactively help you become familiar with market research basics and guide you to find credible sources to inform your industry analysis.
Preview:
Industry Research: Canada
- BC Businesses & Employment by IndustryBy BC Stats
- BC Industry SectorsIncludes economic profiles of BC regions, information about doing business in BC and brief summaries of industry sectors.
- BC Municipal WebsitesContent varies, but the websites may have local info on economic development, demographics, profiles, etc., for their municipality.
- BC Small Business Profile Report, 2019This report profiles the impact and current state of the small business sector in the B.C. economy. It presents year over
year changes and multi-year trends, as well as comparisons with Canadian provinces. - Canadian Industry StatisticsIndustry Canada's reports and data on Canadian Industries.
- Financial Performance DataFinancial Performance Data provides access to more than 1000 industries across Canada, including more than 30 performance benchmarks to help small businesses determine how they measure up to their competitors.
- RBC Economics ResearchEconomic indicators, current analysis reports.
- Small Business Accelerator
Offers free online access to reliable business information and tools for secondary market research for BC businesses and entrepreneurs
Industry Research: United States
- Bureau of Economic AnalysisSource of accurate and objective data about the US economy that includes: GDP, foreign trade, investment and industry data.
- Bureau of Labor Statistics on EmploymentProvides statistics on subjects such as occupational employment and wages, labor demand and turnover, and the dynamic state of the labor market.
- Consumer Price IndexMeasure of the average change over time in the prices paid by U.S. urban consumers for a market basket of consumer goods and services
- County Business PatternsAnnual series that provides subnational economic data by industry. This series includes the number of establishments, employment during the week of March 12, first quarter payroll, and annual payroll. This data is useful for studying the economic activity of small areas; analyzing economic changes over time; and as a benchmark for other statistical series, surveys, and databases between economic censuses.
- MillieA structured series of industry-specific dashboards, making it easy to find useful information in a self-service environment. Industries covered by Millie include information technology, life sciences, healthcare, financial services, energy, agribusiness, chemical, and food and beverage.
- North American Industry Classification SystemAccess to the latest manual which explains the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy.
- SBA Office of Entrepreneurship Education ResourcesContains a variety of market research analysis tools, resources, and reports that provide information useful for learning about customer statistics, product production, economic factors, and data.
- U.S. Census Data ToolsTools and free industry research reports that help you gain insight into demographics and geographic locations of populations of your target market
- USA Trade® OnlineDynamic data tool that gives users access to current and cumulative U.S. export and import data. Manufacturers and other businesses wishing to expand their business globally can utilize USA Trade® Online to identify new markets, evaluate existing markets, and perform other market research tasks.
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