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Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

Quarterly Services Survey

What it is:

The Quarterly Services Survey is an estimate of the operating revenue by customer class for communications firms, IT firms, hospitals and nursing services providers.
 

How it works (Example):

The Census Bureau administers the Quarterly Services Survey every quarter for companies in NAICS sectors 51, 54 and 56, and subsectors 622 and 623.

Why it Matters:

The information in the Quarterly Services Survey helps analysts infer changes in productivity and business cycle throughout the economy. Accordingly, the Quarterly Services Survey is a way to track the status of the entire economy (though it also says a lot about what's going on in the IT and medical fields).