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BUAD 444: Industry Research

Databases for Industry and Company Reports

These databases are the best starting point for industry research. They provide company profiles, industry reports, market analysis, and financial data. Many of them use NAICS or SIC codes to group companies and industries, so knowing those codes can make your searches more precise.

Use these sources to:

  • Get an overview of an industry (size, trends, forecasts, challenges)
  • Find company reports with financials, competitors, and strategies
  • Access market data to support assignments, projects, and business plans

Industry Research

Company Research

Industry and Company Analysis

Industry Classification Codes (NAICS & SIC)

Industry codes are used to group companies by the type of products or services Diagram showing the NAICS code structure. A 6-digit code is broken down into: first 2 digits = sector, 3rd digit = subsector, 4th digit = industry group, 5th digit = industry, and 6th digit = national industry.they provide. They are especially useful when searching databases for industry reports, benchmarking data, or competitor lists.

How NAICS codes are structured

  • First 2 digits = Sector
  • 3rd digit = Subsector
  • 4th digit = Industry Group
  • 5th digit = Industry
  • 6th digit = National Industry

Example:

    722513 = Limited-Service Restaurants (fast food chains like McDonalds or Starbucks)

"NAICS Code Format" by TadgStirkland401 is licensed under CC BY-SA 4.0 .

 

 

 

Finding Information on Competitors

Understanding competitors is an important part of industry research. Competitor analysis, also called competitive intelligence, helps you see who the major players are in a market and how they operate. It can provide insight into:

  • What products or services competitors offer
  • Pricing and business strategies
  • Strengths, weaknesses, and future plans

Key databases for competitor information:

Databases for competitive intelligence (strategies, SWOTs, and analysis):

Government Sources: Industry Surveys and Reports

Several U.S. government agencies provide free statistical data and reports on industries and sub-sectors. These can be especially useful for finding economic indicators, production data, and business conditions that affect industries.

U.S. Census Bureau

Federal Reserve Banks - Conduct regional surveys that provide insights into manufacturing and business conditions: