Comparing My Business

Comparing my business to industry totals and averages

comparison of a furniture manufacturer's data to the industry total

The manager of a furniture manufacturing firm is researching the sales and productivity of her business and employees.

She compares the sales per employee of her business and other ratios to industry averages from the Economic Census. She becomes concerned when statistics from the Economic Census show that her company's sales and productivity are lower than the industry average.

She uses this information to convince the company's Board of Directors that it should upgrade their production technology, provide additional staff training, and evaluate their workforce skill sets.

See the Snapshot for this industry.

Source: U.S. Census Bureau | Economic Planning and Coordination Division | 1-877-790-1876 | Last Revised: March 05, 2015