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Home > Business/Finance > Financial Services > Banking
U.S. Collections Agencies: An Industry Analysis
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A major source of public information about any industry or market analyzed by Marketdata is the U.S. Government--the most prolific producer of business information in the world. The NAICS (North American Industrial Classification System) --formerly: Standard Industrial Classification or SIC codes System) was created to allow for the uniform collection and analysis of economic, marketing and financial statistics about all sectors of the U.S. economy. A 6-digit numerical code is assigned to each industry.
This system works so well that the private sector has embraced it as well. Mail list houses use it, as well as credit bureaus and financial directory publishers such as Standard & Poor's, Dun & Bradstreet, TRW, Robert Morris Associates, and others.
For this report, the U.S. Census Bureau's 1992, 1997 and 2002 Census of Service Industries were used. This detailed survey provided data about the value of adjustment and collections services' annual receipts, number of facilities, payroll costs, top firms' share of the market, and more---by size of the company and their facilities, for the total nation and for specific states and cities.
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