Chicago, IL (PRWEB) April 01, 2013
The Association for Corporate Growth® (ACG), the global organization focused on driving middle-market growth, today released a book that graphically depicts data from GrowthEconomy.org for each Congressional district. Titled Driving Growth, the book compares sales and job growth data of private capital-backed companies versus other companies in the U.S. economy, 1995-2010, organized by State and by Congressional district.
In releasing the report at the second annual ACG Middle-Market Growth Public Policy Summit, held at the U.S. Chamber in Washington, D.C., ACG Board Chairman, Charles J. Morton, Jr. said, “Private Capital investment is growing companies and jobs in every State and in more than 425 Congressional Districts.” Morton, a partner at Venable, LLP continued, “Driving Growth reveals that private capital backed companies, especially in the middle market, are the engines of sales and job growth.”
ACG's goal in publishing Driving Growth is to bring more transparency and visibility to the role and value of private capital investment. Printed and distributed to all members of Congress, all state governors, media, and academics, Driving Growth is available via PDF at no charge. To download a copy of the PDF, click here.
In addition, any visitor to GrowthEconomy.org can search and sort the data dynamically to conduct their own research. GrowthEconomy.org allows users to compare the performance of 23,211 private capital-backed companies to that of 52 million U.S. business establishments from 1995 thru 2010. Visitors to GrowthEconomy.org can search on all 50 U.S. states, 435 Congressional Districts, and 366 Metropolitan Statistical Areas (MSA). Results include both sales and employment growth. Tens of thousands of search results are available.
“This is a growth story. Born from a unique collaboration, using independent, verified data, this information provides transparency and brings visibility to the role that private capital plays in growing companies and fostering job creation,” said Gary A. LaBranche, FASAE, CAE, president and CEO of ACG.
Below is a sampling of some of the data included in the book:
California – District #12 (Rep. Nancy Pelosi)
Connecticut – District #4 (Rep. Jim Himes)
Ohio – District #8 (Rep. John Boehner)
This report and GrowthEconomy.org are projects of the Association for Corporate Growth and made possible by a collaboration of the following:
The Edward Lowe Foundation, through the Institute of Exceptional Growth Companies, provided access to the NETS (National Establishment Time Series) database. NETS is a longitudinal database created by Walls & Associates, using Dun and Bradstreet’s Market Identifiers (DMI) files. These files contain information on more than 300 data fields related to firm demographics, operations and performance.
Under contract with D&B, Walls & Associates obtains annual updates of DMI files, and using DUNS numbers (the unique number D&B assigns to every establishment), creates a time-series that tracks business performance and job creation since 1990. The NETS Database includes more than 44 million businesses in the United States. More than 60 peer-reviewed academic studies have used the NETS database, along with projects completed for the National League of Cities, National Governor’s Association and the National Bureau of Economic Research. NETS powers The Edward Lowe Foundation’s Youreconomy.org site.
PitchBook is an independent and impartial research firm dedicated to providing premium data, news and analysis to the private equity and venture capital industries. PitchBook collects, organizes and analyzes hard to find private equity and venture capital deal data. The gathering of such data requires meticulous research to produce complete, consistent, timely and accurate information. For the GrowthEconomy.org project, PitchBook donated access to data on more than 25,000 private-capital backed companies.
GrowthEconomy.org combines the NETS database and the PitchBook database of private-capital backed companies from 1995 – 2010, with additional sorting provided by the Congressional District database secured through CD Light, LLC, d.b.a. ZipInfo.com. All three databases are independent of each other and independent of both ACG and the Edward Lowe Foundation.
For more information, please visit GrowthEconomy.org.