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Services
Quartely Services Survey To provide timely estimates of revenue for covered service industries. The United States Code, Title 13, authorizes this survey.
The survey includes Hospitals (NAICS 622), and Nursing and Residential Care Facilities (NAICS 623). Since 2004, the survey covered the Information Sector (NAICS 51); the Professional, Scientific, and Technical Sector (NAICS 54); and the Administrative and Support, Waste Management and Remediation Services (except Landscaping Services) Sector (NAICS 56).
Collected data includes revenue generated during the quarter, and class of customer (government, business, household consumers and individuals).
The survey is conducted quarterly. Data collection begins following the end of each calendar quarter and continues for approximately 14 days. A new sample will be introduced every five years. Data collection began with the 4th quarter of 2003.
The sample includes approximately 5,000 service businesses with paid employees that operate in the covered sectors. Those in the sample can choose to respond though mail, fax, or internet reporting. In order to be eligible for the list sample, service businesses must be in the Business Register (BR), which contains all Employer Identification Numbers (EINs) for listed businesses and locations of multi-establishment companies. EINs may represent one or more establishments, and firms may have one or more EINs.
The sample is updated quarterly to reflect births and deaths, adding new employer businesses identified in the Business and Professional Classification Survey, and deleting firms and EINs that are no longer active. During interim periods, service non-employers and businesses are represented by administrative records data or imputed values.
Quarterly Services Survey reports are available approximately 75 days following the end of each quarter. The first publication was released on September 13, 2004 and included data from the fourth quarter of 2003, and the first two quarters on 2004.
The QSS is a new principal economic indicator of service industry activity. It is used by the Bureau of Economic Analysis to significantly improve their quarterly GDP estimates. It also provides the Federal Reserve Board, and the Council of Economic Advisors with timely information to assess current economic performance. Other government and private stakeholders also benefit from a better understanding of important cyclical components of our economy.
Provides the most timely data on revenue produced within service industries.
Business and Professional
Classification Survey
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Services Quarterly Service Survey
Last revised: Thursday, 27-Jul-2006 11:10:45 EDT
