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Worksheet - Trend Analysis 2026

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The document outlines various strategies for conducting trend analysis in business, emphasizing the importance of staying informed through major newspapers, industry associations, bestselling nonfiction books, government publications, and trade periodicals. It suggests engaging with manufacturers and distributors for market insights, utilizing online information services, attending industry conventions, and reading both local and national business journals to identify emerging trends and opportunities.

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Begin by reviewing the first section, which prompts you to read major metropolitan newspapers. Use the text box provided to note down key insights from your readings.
In the next field, list any industry associations you have joined. This helps track your networking efforts and industry engagement.
For tracking bestselling nonfiction books, utilize the designated area to jot down titles that may influence your business strategies.
Contact information for government agencies can be entered in the following section. Include relevant departments that provide industry-specific data.
Use the space allocated for manufacturers and distributors to record contacts and any market research insights they share.
Finally, summarize your findings from trade periodicals and conventions in the last section, ensuring you capture valuable trends and ideas.

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How do you perform trend analysis?

How to Perform a Trend Analysis Define the Objective and Scope. The first step in performing trend analysis is to define the objective and scope. Collect Data. Choose the Right Tools and Techniques. Analyze the Data. Interpret the Results. Validate the Findings. Report and Implement Findings.

How to do trend analysis in Google Sheets?

On your computer, open a spreadsheet in Google Sheets. Double-click a chart. At the right, click Customize. Series. Optional: Next to Apply to, choose the data series you want to add the trendline to. Under Trendline, you can edit: Trendline types. Line color, opacity, or thickness. Labels. R squared.

What are the 6 steps in trend analysis?

There are six basic steps in doing trend analysis: (1) Identify the need of the company that may be served by trend analysis; (2) Decide the time frame for the study; (3) Choose the types of data that will be used; (4) Gather the data; (5) Use charting tools to visualize the gathered data; (6) Identify the trend on the

How do you do a trend analysis?

The TREND Function[1] is an Excel Statistical function that will calculate the linear trend line to the arrays of known y and known x. The function extends a linear trend line to calculate the additional y-values for a new set of x-values.

How do you calculate trend analysis?

When considering how to calculate a trend percentage, it is important to note that there are two pieces of information required: the current period value and the base period value. The formula is written as follows: Trend Percentage = ((Current Period Value - Base Period Value) / Base Period Value) * 100.