With the economy on its way to recovery, credit unions maynotice an uptick in inquiries from members wanting to start or growbusinesses in certain areas.

According to research firm Sageworks in Raleigh, N.C., thefastest-growing industries for small businesses in the U.S. andtheir respective growth rates in 2012 were:

• Residential building construction: 14.8%
• Computer systems design and related services: 14.3%
• Machinery, equipment and supplies merchant wholesalers:13.8%
• Management, scientific and technical consulting services:12.3%
• Architectural, engineering and related services: 11.4%
• Foundation, structure and building exterior contractors:11.4%
• Building finishing contractors: 11.3%
• General freight trucking: 10.4%
• Services to buildings and dwellings: 10.1%
• Other specialty trade contractors: 10.0%

These industries saw sales growth between Jan. 1, 2012, and Dec.31, 2012, that topped private companies as a whole, Sageworkssaid.

“Successful credit unions know that while business may be greattoday, there's no guarantee for tomorrow,” said Mary Ellen Biery,Sageworks research specialist.

“That's why it's important that your lending department isconstantly thinking ahead – constantly considering which industriesare in sound financial shape, and which industries may be applyingfor business loans in the future,” Biery said.