The SBC Market Analysis Service data presented is generated based on analyzing and compiling information from several sources:
- Structural Building Components Association (SBCA). Since 1983, SBCA (then WTCA) has represented building component manufacturers, providing its members with educational materials/publications, technical resources, safety, certification programs, best practice recommendations and networking opportunities. SBCA maintains a detailed and accurate database of members and non-members tracking annual sales volume, products sold, location and employment.
- North American Industry Classification Service (NAICS). The NAICS is the standard used by Federal statistical agencies in classifying business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. business economy. NAICS was developed by the Office of Management and Budget, and adopted in 1997 to replace the Standard Industrial Classification (SIC). NAICS produces summary data for specific industries every 5 years. The classification code for truss manufacturing is 321214 and the code for engineered wood members is 321213. NAICS data from 1997, 2002 and 2007 for these industries was used in our research and analysis.
- National Association of Home Builders (NAHB) and NAHB Research Center (NAHBRC). NAHB analyzes and forecasts economic and consumer trends. NAHB Research Center conducts surveys to determine market share of various building products, including those manufactured by the building components industry. SBC Magazine has an agreement with NAHBRC with respect to how we are using their data in our overall analytical approach.
- U.S. International Trade Commission (ITC). ITC Publication 3596, Conditions of Competition in the U.S. Market for Wood Building Components, gathered information on competitive conditions in the U.S. structural building components industry from 1997 – 2002.
- Financial Performance Survey (FPS). FPS is a biennial survey conducted by SBCA. Component manufacturer participation in the survey is free and the data is collected and summarized in a detailed report. It provides an income statement analysis, balance sheet analysis, and key operating ratios. Data is reported nationally and regionally, with the U.S. divided into six regions. Data from the last five Financial Performance Surveys was used in this report.