All historical and forecast dollar figures in the Performance and Key Statistics chapters of Industry Reports are real values adjusted for inflation using the current year (i.e., year published) as the base year. Adjusting values for inflation removes the impact of changes in the purchasing power of the dollar, leaving only the "real" growth or decline in industry metrics.

Proft is calculated as Earnings Before Interest and Taxes (EBIT) for the current year.

Profit margin is calculated as Profit/Revenue x 100.

We source key statistics and industry revenue data from each country’s national statistics agency:

We calculate current year revenue for the entire year using a combination of forecasts and current year ratios. Our current year data reflects the local market’s financial year.

Dollar figures in Canada Industry Reports are in Canadian Dollars (CAD). In some cases, we need to convert US Dollars (USD) to CAD—we use the most current exchange rate at the time of update.

Sectors and industries are defined based on each countries standard industry classification systems such as the North American Industry Classification System (NAICS) or the International Standard Industrial Classification (ISIC). Sectors represent broad groupings of related economic activities, while industries represent specific subsets within sectors based on similarities in products and services.

You may notice a difference between our revenue and establishment figures compared to data from the US Census. This is because many of our reports include non-employing establishments, or nonemployers. These are businesses with no paid employees or payroll, usually independent contractors and small “mom and pop shops.”

If a report includes nonemployers, its revenue and establishment figures may not match the Census surveys because nonemployer data is sourced separately from employer data using the US Census Bureau’s Nonemployer Statistics survey.

For example, 96.7% of the 1.2 million establishments in our Performers and Creative Artists in the US (NAICS 71151) report in 2023 were nonemployers. Failing to include non-employers in this report would lead to a significant understatement of the industry's true size and impact.

No, H-2A workers are not included in the employee numbers for our U.S. Industry Reports. We predominantly source our employment data from the US Census Bureau with supplemental data from the Bureau of Labor Statistics (BLS) used in many agriculture reports to provide additional detail. The Census Bureau’s data, based on the Business Register, generally does not include specific counts or breakdowns for H-2A workers or other types of temporary foreign labor. Similarly, the BLS collects employment data through state Unemployment Insurance (UI) programs which exclude H-2A workers as they are classified as nonimmigrant temporary agricultural laborers.

Here is a list of all costs associated to “Other costs”:

We primarily source “Other Costs” for US Industry Reports from the IRS.

For any additional questions regarding sourcing and methodology, please reach out to your Client Relationship Manager. If you’re not an IBISWorld member, please contact us to learn more about our membership options.