Congressional Research Service reports are finally available via a centralized, government database.
It only took twenty-five years, but Congressional Research Service (CRS) reports are finally available through the Library of Congress. Members of Congress have long released the reports to third-party databases, but now the reports are available directly from the Library of Congress. As the research is paid for by taxpayers and conducted at the behest of Congress, limited access to this research has long been an affront to legislative transparency.
According to their FAQ, the CRS is “a federal legislative branch agency located within the Library of Congress, [which] serves as shared staff exclusively to congressional committees and Members of Congress. CRS experts assist at every stage of the legislative process — from the early considerations that precede bill drafting, through committee hearings and floor debate, to the oversight of enacted laws and various agency activities.”
CRS research is non-partisan and takes a multi-perspective approach to current issues and legislation. Reports are both on demand and anticipatory. “CRS approaches complex topics from a variety of perspectives and examines all sides of an issue. Staff members analyze current policies and present the impact of proposed policy alternatives.”
CRS services include reports on major policy issues; tailored confidential memoranda; briefings and consultations; seminars and workshops; and expert congressional testimony.
“With public policy issues growing more complex, the need for insightful and comprehensive analysis has become vital. Congress relies on CRS to marshal interdisciplinary resources, encourage critical thinking and create innovative frameworks to help legislators form sound policies, reach decisions on a host of difficult issues and address their constituents’ concerns and needs. These decisions will guide and shape the nation today and for generations to come.”
Congressional Research Service FAQ
The CRS database was included in The Consolidated Appropriations Act of 2018. “We worked closely with Congress to make sure that we had a mutual understanding of the law’s requirements and Congress’ expectations in our approach to this project,” said Carla D. Hayden, Librarian of Congress.
As governmental work product, CRS research is not subject to copyright. Thus, CRS research may be broadly disseminated without permission. However, some research may contain copyrighted third-party images or material.
The new website provides the same search functionality as Congress and is keyword searchable. Full-text searching is available along with filtering by topic, date, author, and additional keywords.
MarketLine, formerly known as DataMonitor, is expanding the content and functionality of its MarketLine Advantage research database. The service is designed for management consultants, investment bankers, trade agencies, lawyers, and academic research. While its company and industry content has long been licensed by the sales intelligence vendors, the additional datasets found in Advantage provide only limited incremental value to sales teams.
MarketLine is expanding profile coverage of both companies and industries, but not expanding the licensed dataset it makes available to sales intelligence vendors such as Factiva, Bureau van Dijk, LexisNexis, and Avention. Industry coverage has roughly doubled to 6,000 country/industry pairs. For company intelligence, they are trebling the number of company profiles to at least 100,000 firms; likewise, the number of company profiles with SWOTs is quadrupling to 12,000.
Company profiles are available in multiple formats and can be selected at the table or chart level. Thus, users can perform a one-click export of a company or industry table to PowerPoint, Word, PDF or Excel files. Unfortunately, company and industry news is maintained separately from company and industry profiles; thus, users cannot create a unified report containing editorial research plus news. This lack of unification adds to the search and export work of researchers.
Marketline is one of the few vendors that provides global and regional industry research across a broad set of industries. Most vendors focus on a subset of countries (e.g. emerging markets, United States) or industries (e.g. Consumer Products). MarketLine publishes industry research at the country, regional, and global level allowing users to compare the same industry in different countries or many industries within a country. This ability to compare across countries and industries – with standard terminology, methodology, industry definition, and economic assumptions – assists with market entry analysis, whether it is researching new sectors or researching new countries. It also helps sector-focused sales reps adjust their messaging and targeting across markets. Furthermore, by including Five Forces Analyses and the top company profiles for each country, it is possible to determine whether new companies should be added to your ABM target list as well as assess potential obstacles when entering a new market.
MarketLine Industry Research provides a half dozen Spider Charts (The Five Forces Summary with sub-category detail) along with short explanations of each sub-category.
Because MarketLine research covers so many regional / industry pairs, the reports should not be considered detailed industry research. Industry specialists generally write technically oriented reports on specific industry topics. Instead, the focus is on market size, key segments, current trends, top competitors, and market growth projections. MarketLine focuses on actionable information that can be understood by industry generalists and researchers operating across many industries.
MarketLine also offers a set of country profiles which assist with market entry decisions and help users develop a basic understanding of local dynamics and risks. Country profiles utilize a PESTLE framework.
Each of the major profile categories contains a standard Competitive Intelligence / Strategy tool employed by B schools and analysts:
SWOT – Strength, Weakness, Opportunity, Threat analysis looks at a company versus its competitors and the overall market. Thus, opportunities might include emerging technologies or newly opened markets while threats cover exogenous variables such as government regulation, market substitutes, and competitor actions.
Five Forces – This industry tool was developed by Michael Porter and covers Buyer Power, Supplier Power, New Entrants, Threat of Substitutes, and Degree of Rivalry. Within each of these elements, a set of sub-topics is covered. The Five Forces analysis is discussed at the sub-section level and displayed as a spider web graph.
PESTLE — Political, Economic, Social, Technological, Legal and Environmental analyses for 150 countries.
Other MarketLine Advantage datasets include:
Deal profiles spanning venture capital, private equity, mergers & acquisitions, partnerships, private placements, and joint ventures. Deal profiles are generally available within one business day of the transaction announcement. The deals database is screenable and goes back at least three years.
Country and city demographic datasets gathered from governmental resources (e.g. OECD, Eurostat, CDC) covering 750 macroeconomic and demographic variables. Launched just a few months ago, the cities database covers approximately 2,000 global metropolises and can assist with initial planning intelligence for locating international offices and projecting which regions are poised for rapid growth. Multiple visual formats are supported including bar, line, and pie charts. The datasets are exportable at the field and location level, allowing users to build custom datasets.
Company News written by MarketLine’s analysts. MarketLine reports on 11,000 companies with 60,000 articles per annum. The current archive exceeds 300,000 articles.
Market Data Analytics for major consumer product categories including food, drink, and personal care products.
Company and investment prospecting.
The Home Page is a bit flat with no dynamic content. Users are presented a single Google-style search bar along with database browsing options. This format is in line with a reference service, but the layout indicates a lack of personalization for frequent researchers. This is a missed opportunity. Frequent users should be able to track specific companies, industries, and countries with homepage and email alerts. These alerts could cover both company news and updates to key reports.
The MarketLine Advantage Homepage focuses on quick search but lacks dynamic content.
MarketLine Advantage customers benefit from access to MarketLine’s team of 178 researchers that conduct both primary and secondary research. Users may pose questions to the researchers subject to a 24 hour SLA. Other benefits of directly licensing the Advantage service is data currency (aggregators generally receive monthly report updates), broader content sets, custom screening tools, and the ability to quickly export report sections in multiple formats.
MarketLine Advantage is sold on a named user basis with annual subscriptions subject to volume pricing. Users have unlimited access to reports, datasets, and downloading. Pricing for MarketLine Advantage was not disclosed. When MarketLine Industry reports are sold on the GlobalData store, they are priced at $350 for single user access to a report, $700 for a site license, and $1,050 for an enterprise license.
Advantage is available via web and mobile browsers but the service lacks CRM connectors and mobile apps.
