The metrics in this report cover three year trends in SIC 2371 [Manufacturing sector], broken out on a state-by-state basis. Analysis is based on data applied from 201 industry firms. Industry market vitality measures for each state are benchmarked against US averages for the industry, creating easy comparison of state-by-state performance. Industry sales are detailed for both company-wide headquarters data and locally generated sales levels. The report also compares proprietary measures in each state and the US, including failure rates, entrepreneurial activity and new branch development rates in the industry.

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These reports reflect data from firms which identify themselves as operating primarily in the line of business being analyzed. Sales from secondary lines of business are attributed to the primary classification unless reported through a separately organized entity. Raw data utilized in these reports is sourced from the nations most acknowledged business credit reporting agencies and other private databases. In total, over half a billion sourced data points were accessed from eighteen million business operations for each of the twice annual updates.

Census and other government data is used incidentally to inform and test projections for non-reporting firms. Failure rates, experience-rated survivor measures and sales analysis of business operations are based on information supplied largely by business owners and representatives. 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 reporting databases reflects the discontinuation of operations of that facility.

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