Business and Industry Data from the US Census Bureau Scenario Y are employed as anindustry data analyst by Fe d e x Corporation assignment is to research the growth trends for the U S Couriers and Express Delivery Services industry as defined by the US Census Bureau should include the most current data available, as well as examine data changes over the prior years The data find will be used as a baseline from which future industry growth will be predicted Research Sources to Be Used NA IC S Codes Industry Snapshots Factual Questions What is the relevant 5 digit NA IC S (North American Industrial Classification System) code for the U S Couriers and Express Delivery Services industry What are the most recent yearly revenue (in millions of dollars) and number of establishments reported for this industry What are the figures comparable to those requested in Q 2, for the earliest year reported By how much have revenue and number of establishments changed between the two years yu reported in Q 2 and 3 State answer in both numeric change and percentage change 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 estimate of the industry size Fe d e x should forecast 5 years from now, in both dollars and percentage change What data did use to reach this estimate How would explain the decline in industry revenue between 2007 and 2012, and how did that decline affect forecast

The Answer is in the image, click to view ...

Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 26, 2024

Business and Industry Data from the US Census Bureau Scenario Y are employed as anindustry data analyst by Fe-d-e-x Corporation.assignment is to research the growth

Business and Industry Data from the US Census Bureau

Scenario

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

Research Sources to Be Used

NA-IC-S Codes --
Industry Snapshots --

Factual Questions

What is the relevant 5-digit NA-IC-S (North American Industrial Classification System) code for the U.S. Couriers and Express Delivery Services industry?
What are the most recent yearly revenue (in millions of dollars) and number of establishments reported for this industry?
What are the figures comparable to those requested in Q. 2, for the earliest year reported?
By how much have revenue and number of establishments changed between the two years yu reported in Q. 2 and 3?State answer in both numeric change and percentage change.
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 estimate of the industry size Fe-d-e-x should forecast 5 years from now, in both dollars and percentage change?What data did use to reach this estimate?How would explain the decline in industry revenue between 2007 and 2012, and how did that decline affect forecast?