Question

Topic: Other

Industry Statistics

Posted by Anonymous on 4/5/2009 at 6:47 AM ET 125 Points
Hello there,
i am in need of some help. i am looking for an industry where i can track trends over time. this industry should provide a product or service where i can track prices over time. with each suppliers prices, this is critical.
so for example i tried to focus on the car industry but because of the many variables and lack of supplier prices this failed. i wanted to do the same for the airline industry, so choosing 2 hubs and seeing each carriers prices over time, but i have failed again. so i was wondering if anyone knows an idustry where i can track prices of suppliers. please
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RESPONSES

  • Posted on 4/5/2009 at 11:33 AM Accepted
    To get what you're looking for, you may have to get as close to the commodity markets as possible. For example, how about crude oil, or natural gas, or electrical energy, or corn/wheat/soybeans, sugar, orange juice, gold, silver, copper, etc. Or how about currencies or interest rates?

    As soon as you get into tracking companies (e.g., those listed on a major stock exchange), you introduce a lot of other variables ... like management, labor contracts, world economy, competitive activity, etc. ... which can mess up an otherwise "clean" analysis.
  • Posted by Jay Hamilton-Roth on 4/6/2009 at 6:05 AM Accepted
    Many consumer products change over time to make them look "current". You could pick a "standard" offerings: paper clips, a ream of paper, a daily newspaper, or even a cup of coffee.
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