The U.S. Census Bureau today released its 2012 Service Annual Survey, which shows a revenue increase in 10 of the nation's 11 service sectors for employer firms between 2011 and 2012. The utilities sector was the only sector to show a year-to-year decline in revenue, down by $22.7 billion to $533.4 billion for 2012.
The Service Annual Survey provides the most comprehensive national statistics available each year on service industry activity in the United States. In 2009, the survey was expanded to collect data for all service industries, which account for 55 percent of U.S. gross domestic product (GDP).
Highlights from selected service sectors include:
Percent changes quoted in the release are calculated using estimates rounded to millions as provided in the tables. Also, note that estimates are not adjusted for price changes.
As is the case with all surveys, statistics from sample surveys are subject to sampling and nonsampling error. All comparisons made in this release have been tested and found to be statistically significant at the 90 percent confidence level, unless otherwise noted. Please consult the tables for measures of sampling variability.
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