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2021/10/06

Sales of Warehouse Clubs and Supercenters Grew — or Did They?

Making sure economic comparisons over time are accurate, not just a result of changes in classifications and geography. Learn more.
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America Counts: Stories Behind the Numbers

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Sales of Warehouse Clubs and Supercenters Grew — or Did They?

Is an industry in a particular area growing, remaining stable or declining?

Determining how an industry is changing over time is critical when making business decisions. But how do you measure change over time accurately if the North American Industry Classification System (NAICS) that the data are based on has changed?

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What if the city boundaries of the area you're interested in have expanded? In both cases, the economic growth could be real or inflated because the industry classification or geographic area is different.

To ensure everyone can make solid, apple-to-apple comparisons, the U.S. Census Bureau just released the 2017 Economic Census Comparative Statistics and Bridge Statistics reports.

Continue reading to learn more about:

  • Comparing and bridging data
  • How have NAICS codes changed?
  • "Many-to-many" NAICS changes
  • Selected findings from the comparative statistics report

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