The Quarterly Services Survey (QSS) is the only source of service industry indicator performance providing timely estimates of revenue and expenses for selected service industries. The Bureau of Economic Analysis (BEA) uses QSS data in its estimates of Gross Domestic Product (GDP).
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Benchmarking and NAICS Restatement
Effective with the March 2025 release for the fourth quarter of 2024, seasonally adjusted quarterly services estimates have been revised to reflect historical corrections and new seasonal factors, while continuing to reflect the results of the 2022 Service Annual Survey. Not seasonally adjusted estimates were revised with the February 2025 advance release for the fourth quarter of 2024 to reflect historical corrections and results of the 2022 Service Annual Survey. This release and the February 2025 advance release also incorporated 2017 North American Industry Classification System (NAICS) changes. Publication tables have been updated to reflect these changes. For a detailed description of these updates, please see our summary table.
API
The URL for the economic indicators data in the Census Bureau API (Application Programming Interface) has been updated to add /timeseries/. Examples can be found on the Developers' webpage.
