Business and Industry Data from the US Census Bureau

Scenario

You are employed as anindustry data analyst by Fe-dex Corporation.Your assignment is to research the growth trends for the "U.S. Couriers and Express Delivery Services" industry as defined by the US Census Bureau.You should include the most current data available, as well as examine data changes over the prior years.The data you find will be used as a baseline from which future industry growth will be predicted.

Research Sources to Be Used

• NA-ICS Codes --
• Industry Snapshots --

Factual Questions

1. What is the relevant 5-digit NA-ICS (North American Industrial Classification System) code for the U.S. Couriers and Express Delivery Services industry?
2. What are the most recent yearly revenue (in millions of dollars) and number of establishments reported for this industry?
3. What are the figures comparable to those requested in Q. 2, for the earliest year reported?
4. By how much have revenue and number of establishments changed between the two years you reported in Q. 2 and 3?State your answer in both numeric change and percentage change.
5. Using the data for Industry Revenue and Total Population, calculate average spending per person on couriers/express delivery services for the earliest and the most recent yearly reports.Then, calculate the same data using the two most recent yearly reports.

Critical Thinking Question

What is your estimate of the industry size Fe-dex should forecast 5 years from now, in both dollars and percentage change?What data did you use to reach this estimate?How would you explain the decline in industry revenue between 2007 and 2012, and how did that decline affect your forecast?