Specialization and Coverage ratio

{
  "id": "MLC-T-ECS-001826",
  "term": "Specialization and Coverage ratio",
  "field": "Economic statistics",
  "definition": "Developed to measure the relationship of primary product shipments to the data on total shipments for an industry.\n\nThe specialization ratio represents the ratio of primary product shipments to total product shipments (primary and secondary, excluding miscellaneous receipts) for the establishments classified in the industry. The coverage ratio represents the ratio of primary products shipped by the establishments classified in the industry to the total shipments of such products that are shipped by all manufacturing establishments wherever classified.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/specialization-and-coverage-ratio/"
}