Class handout
Industry Codes
To use some sources you will need a NAICS or SIC code for your industry.
North American Industry Classification System
The NAIC System assigns numerical codes to industries from two to six digits. Shorter codes represent broader industry sectors. Be sure to read the full description of the NAICS code, as it may include a broader array of products/services than you might assume. More info on NAICS is available at this FAQ page.
Standard Industrial Classification Manual (at OSHA site)
The SIC system assigns numerical codes to industries from two to four digits. Shorter codes represent broader industry sectors. Be sure to read the full description of the SIC code, as it often includes a broader array of products/services than you might assume.
Create Your Own Lists
- Dun & Bradstreet Million Dollar DatabaseUse the Advanced Search to create lists of companies that meet a combination of specific criteria, such as minimum sales, number of employees, location, industry, employee growth, etc.
Examples:
You can generate a list of florists in the 734 telephone area code.
You can generate a list of automotive manufacturers in Michigan, Ohio, and Indiana that have more than 2 million in sales.
You can generate a list of companies in Washtenaw County that have over 100 employees.
The Advanced Search is a little tricky--if you have trouble, ask a librarian for help.
More ways to Research
Evaluate this Workshop
Help me improve this for future students!
- MKTG 374 - Tuesday Feb 5 classUse this link to rate and provide feedback on the workshop.
1. Identify the NAICS Code for your Industry
- North American Industry Classification System - NAICS
Tips:
1. You may have to try different words in your search.
2. Look at the industry description to see if the NAICS code is the best match to your industry. Perhaps one of the cross references is a better match?
3. Next, try searching a shorter version of the code. Would it be better to use a shorter code for a broader industry segment? Is there a different sub-code that is a better match?
2. Where are the potential B2B customers are in Michigan?
1. For today, use the View Data in Tables.
2. Select Michigan and submit (Go!)
3. On the next screen in the Areaname pulldown you can choose the entire state or an individual county - today we will choose any county to start.
(Change from Michigan to one of the counties.)
4. Choose Detail for Manufacturing to expand the list of NAICS codes starting with 31-33
5. Browse down the list for your code
or use your browser's find on this page search function (Ctrl+F)
6. Scan across the table to see the total number of employees, total payroll amounts, and number of establishments for this industry in the specific county.
7. Use the Compare button to retrieve a table that compares all Michigan counties for this industry.
*Note: In some cases you will see a letter code in a field instead of a payroll number. This is because the Census Bureau will withhold info at this level if there are so few companies in the county that the info would compromise the confidentiality of a specific company.
3. Create a list of prospects & get limited info on them.
Dun & BradStreet Million Dollar Directory
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Note: You need to hit the Continue button to get to the search screen, then: 1. Choose Advanced Search Choose location criteria from left menu. |
4. Gather more background info on the industry.
The sources below can be used to gather background info on your industry, such as industry overviews, articles, industry associations, or market share information.
- Business InsightsThe interface is "klunky," so you may need to try searching a few different ways.
1. Go to Industries tab.
2. For some it will work to search by NAICS code and for some it will work better to search by keyword. - Gateway to AssociationsThe American Society of Association Executives sponsors a free directory of associations on their website. Because this directory provides links to association sites, it can lead you to useful sources of industry-specific information.
You can try keywords in the field labeled "Association name contains:" to find associations for specific industries.
Business Librarian
Kate Pittsley
EMU Library Office:
EMU Library, Halle 100-F
734-487-2508
kate.pittsley@emich.edu
(Note: DO NOT USE kpittsley@emich.edu
--goes to someone else, NOT Kate!)
Links:
Profile & Guides
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