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Benchmarking

Benchmarking utilizes a consistent framework for comparisons among industries, towns, states or other geographic areas. This framework can be used to assess the strengths and competitiveness of both sectors and geographies.

Do you want to know how your industry is performing over time relative to other regions? How does your town's commercial grand list compare with similar areas? Is your state competitive and entrepreneurial? A number of questions can be answered using an analysis and benchmarking framework, as well as data sets developed by CERC.

CERC's recent benchmarking projects include:

Assessing Connecticut's competitiveness in the New Economy relative to all states
Developing a Connecticut town database to compare municipalities using a number of variables
Comparing trends in all U.S. metro areas for the insurance and securities industry
Identifying industry clusters based on benchmarking methodology

For more information on how CERC can help you with benchmarking, call 860-571-7136 or e-mail Jeff Blodgett, Vice President of Research.