| Business Costs Trends and Benchmarking Data. |
| Click on the blue button for a summary of information at the site |
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| The links on this page are intended to take you to websites where you can gain access to business costs trend data. Data at these sites generally have been aggregated, averaged, or in someway, compiled or assembled to give trends in costs for whatever activity the data represents. Included in the concept of trends are cost comparisons and benchmarking cost data. The cost data information from these sites should be useful for looking at costs over a period of time to show trends, and comparing one's own cost trends against data found at these sites. |
| A Management Accounting Information Center article “Cost-Related Information Relevant to Management Accounting on the Internet” attempts to help those involved in cost management, accounting, and decision-making use the Internet for needed information. Please click the home logo at the top left of this page to access this article. |
| Cost trends. |
| Benchmarking costs. |
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| A Management Accounting Information Center article “Finding Cost Data on the Internet (2008)” identifies ways in which the Internet can be a source of cost data for businesses. Please click the home logo at the top left of this page to access this article. |
| A Yahoo Pipes Search Product US Government Press Releases With Cost and Price Information This Yahoo Pipes product sends the press releases and other feeds from more than 20 departments and agencies of the US Government down a Yahoo Pipe. Then, using Yahoo Pipes technology, this pipe of feeds is filtered for only feeds released in the last 60 days. Finally, the pipe of feeds is filtered to extract from the feeds, any information that the government is providing on costs and prices. Click here to read the government information. If you right click, a new window should open. |
| A Yahoo Pipes Search Product Cost and Price Trends This Yahoo Pipes Search Product alerts us to changes in costs and prices on services and products. Reading these alerts on changes in costs and prices inform us on cost and price trends. Click here to read the government information. If you right click, a new window should open. |
| The graph below was created using Google’s Chart Tools.
The graph shows how price (cost) data can be used to show on one graph what commodities are priced more in 2010 compared to the prices of the commodities in 2006. This is not easily done, as far as I can determine, because each commodity’s price per unit is given in different unit measurements (e.g. ounces, pounds, etc.) and only one unit measurement is graphable on a single graph. One way around this unit problem is to convert the average price for a year into a percentage of the total of average prices for all years. For example, the total of all average unit prices for gold for the years 2006 to 2010 was $4,391 per ounce so that the average price of gold for 2006 ($598/ounce) as a percentage of the total for all years is 14% (598/4391). The graph shows that the only commodity price (cost) for any of the commodities that was less in 2010 than in 2006 is the price of natural gas. |