Economic Development Futures Journal

Wednesday, June 14, 2006

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U..S. Census Quarterly Services Survey Summary

Information The Department of Commerce’s Census Bureau announced today that the estimate of U.S. information sector revenue for the first calendar quarter of 2006, not adjusted for seasonal variation, holiday or trading-day differences, or price changes, was $249.2 billion, a decrease of 3.8 percent (± 0.5%) from the fourth quarter of 2005 and up 4.4 percent (± 0.7%) from the first quarter of 2005. The third to fourth quarter percent change was revised from 4.9 percent (± 0.5%) to 4.7 percent (± 0.5%). The telecommunications industry estimate was $91.7 billion, a decrease of 0.5 percent (± 0.3%) from the fourth quarter of 2005 and up 2.1 percent (± 1.0%) from the first quarter of 2005. The publishing subsector estimate was $68.2 billion, a decrease of 7.9 percent (± 1.0%) from the fourth quarter of 2005 and up 6.3 percent (± 1.8%) from the first quarter of 2005.

Professional, scientific, and technical services The estimate of U.S. professional, scientific, and technical services revenue for the first quarter of 2006, not adjusted for seasonal variation, holiday or trading-day differences, or price changes, was $275.9 billion, a decrease of 0.6 percent (± 2.0%)* from the fourth quarter of 2005 and up 10.0 percent (± 1.8%) from the first quarter of 2005. The third to fourth quarter percent change was revised from 8.3 percent (± 2.0%) to 8.7 percent (± 2.0%).

Administrative and support and waste management and remediation services The estimate of U.S. administrative and support and waste management and remediation services revenue for the first quarter of 2006, not adjusted for seasonal variation, holiday or trading-day differences, or price changes, was $123.0 billion, a decrease of 1.0 percent (± 1.7%)* from the fourth quarter of 2005 and up 9.6 percent (± 2.3%) from the first quarter of 2005. The third to fourth quarter percent change was revised from 3.6 percent (± 1.7%) to 3.8 percent (± 1.7%).

Hospitals and nursing and residential care facilities The estimate of U.S. hospitals and nursing and residential care facilities revenue for the first quarter of 2006, not adjusted for seasonal variation, holiday or trading-day differences, or price changes, was $203.0 billion, an increase of 2.9 percent (± 0.7%) from the fourth quarter of 2005 and up 5.4 percent (± 1.5%) from the first quarter of 2005. The third to fourth quarter percent change was revised from 1.0 percent (± 0.8%) to 0.8 percent (± 0.7%).

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