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Commerce Department operates online data business.


Although there is a vast amount of information available on the Internet, not all of it is reliable. However, since 1985 the Department of Commerce has been providing authoritative business, economic and trade information. STAT-USA, at http://www.statusa.gov, provides daily economic news, such as Treasury statements and exchange rates; frequently requested statistic statistic,
n a value or number that describes a series of quantitative observations or measures; a value calculated from a sample.


statistic

a numerical value calculated from a number of observations in order to summarize them.
 releases, such as the gross domestic product; "State of the Nation," economic news from all federal statistical agencies including the Bureau of Economic Analysis; and "GLOBUS," a vast collection of leads for companies of all sizes wanting to expand internationally. STAT-USA is especially useful to CPAs

* In small firms without access to expensive news services.

* Who need quick, accurate financial information for management consulting Noun 1. management consulting - a service industry that provides advice to those in charge of running a business
service industry - an industry that provides services rather than tangible objects
 engagements.

* Who work in small companies and are relied on to obtain and coordinate the business's financial information needs.

Paul Christy chris·ty  
n.
Variant of christie.
, STAT-USA's deputy director, told the Journal that "anecdotal evidence anecdotal evidence,
n information obtained from personal accounts, examples, and observations. Usually not considered scientifically valid but may indicate areas for further investigation and research.
 indicates we have a lot of small business users." STAT-USA has a "Real-life Uses" page describing how various companies--including one with just three employees--used STAT-USA information to build their businesses. The Web site provides these companies with business leads and market information. STAT-USA receives about 150,000 hits each week.

Tax dollars not at work

Although many government agencies have World Wide Web sites, this one is run like a business. Christy emphasized no tax dollars are spent on STAT-USA; it is funded entirely by subscription. Although users can explore much of the Web site for free, the large majority of the information is locked away for subscribers. Prices range from $150 per year for a single user to $15,000 for a large corporation that wants to purchase access for over 250 employees. There are special educational institution rates.

Easy for the technophobic See technophobe.  

The site is especially useful for novices, because of its ease of use: There is a "Customer Pledge" page clearly guaranteeing the services provided and describing problem resolution policies. Prospective users can go to http:// www.stat-usa.gov/testdrive.html for a sampling of the site's services before committing to a subscription. There are few graphics, so the pages load quickly.

Virtually every page has STAT-USA's e-mail address See Internet address.

e-mail address - electronic mail address
 (stat-usa@doc. gov), and there is a "Say Hello to Our Humans" page that details technical support, including a recently beefed-up faxback system. Help menus are available. The site hints that Mosaic or Netscape Web browsers The following is a list of web browsers. Historical
Historically important browsers
In order of release:
  • WorldWideWeb, February 26, 1991
  • Erwise, April 1992
  • ViolaWWW, May 1992, see Erwise
 are best without actually endorsing any one product, but in a brief test Internet Explorer Microsoft's Web browser, which comes with Windows starting with Windows 98. Commonly called "IE," versions for Mac and Unix are also available. Internet Explorer is the most widely used Web browser on the market. It has also been the browser engine in AOL's Internet access software.  also worked well.

Those who want to learn more but are still anxious about going online can call STAT-USA at 800-782-8872.
COPYRIGHT 1996 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Journal of Accountancy
Article Type:Brief Article
Date:Oct 1, 1996
Words:432
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