U.S. Department of Commerce

2007 Economic Census

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Uses of the Data

Evaluate Industry Growth

  • A recent engineering graduate examines economic census data about industries where he thought his skills could be used. After exploring the statistics, he concentrates his job search on the industries that had grown substantially in recent years. He also studies statistics about those industries in preparing for job interviews.
  • An investor deciding what stocks to buy uses the economic census data to evaluate the growth rates of various industries and allocates her funds across a set of promising firms in fast growing sectors.
  • An economic development commission of a major city attempts to attract new business to the city. The commission uses economic census data to identify industries growing nationally but not present locally and talk to companies in those sectors about their real estate and labor force needs.

Source: U.S. Census Bureau | 2007 Economic Census | Last Revised: May 16, 2012