Regionalism: An Increasingly Popular Trend

By Pete Julius Globalization has had a positive and negative effect on economic development.  From a positive standpoint, globalization has provided access to cheaper commodities, the opportunity for perfect competition, and the ability for US-based companies to...

SIC to NAICS

By Jeff Vedders Currently, one of the biggest challenges in researching industries is the recent conversion from Standard Industrial Classification (SIC) codes to North American Industry Classification (NAICS) codes.  There are many differences between the new NAICS...

McKinsey’s Global Survey of Business Executives

By Pete Julius The McKinsey Quarterly just completed a global survey of business executives, which focused on five issues: global economy confidence, pricing, workforce, debate over China and India, and IT spending.  Fifty-five hundred corporate-level executives from...

Innovation Economy

by Pete Julius Innovation is accelerating rapidly in some industries, while lagging in others. With the rush to find a cure for AIDS and fight cancer, heart disease and other life-threatening diseases, the health care industry is booming with innovation....