Mary Ellen Biery, Contributor
Looking to start fresh in 2013 through a new career, new business relationships or a new company? Sageworks, a financial information company, conducted a financial statement analysis of privately held companies to identify the fastest growing industries of the last 12 months. These are industries that have seen dramatically higher growth than the average 9 percent sales growth all private companies generated, according to current data by Sageworks.

With manufacturing having played a pivotal role in the economic recovery, it’s no surprise that several manufacturing industries are among the strongest growing over the last 12 months, based on current estimates.
Machinery equipment wholesalers (NAICS 4238), machine shops (NAICS 3327), architectural and structural metals manufacturing (NAICS 3323) and industrial machinery manufacturing (NAICS 3332) are among the top 10 fastest growers.
Heavy Machinery (Photo credit: Tim Patterson)
“It’s possible that those are tied together as businesses have started to use some of their cash to invest in needed equipment and upgrades,” said Sageworks analyst Brad Schaefer. “All of those took really big hits in 2009 because companies weren’t investing in a lot of equipment.”
Other industries showing up in the top 10 fastest-growing industries over the last 12 months are related to petroleum and other forms of energy. Schaefer noted that the oil boom in the Northwest Plains, increased shallow water drilling in the Gulf ofMexico and other operations are providing new opportunities for companies to expand their drilling operations. Continuar leyendo «In 2013, check out these fast-growing industries | forbes.com»
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