For Subscribers

At Your Service

In the service industry? This tracking survey will help you get the information you need.

By Crystal Detamore-Rodman

Opinions expressed by Entrepreneur contributors are their own.

The U.S. Census Bureau is finally giving the services sector itsdue. Its new quarterly survey of service-industry activity willgive businesses information to monitor industry trends, make hiringdecisions and develop immediate operational strategies."It's the start of a broader effort by the Census Bureauto give us a better picture of the importance that services play inour economy," says Bob Vastine, president of the Coalition ofService Industries in Washington, DC.

As the Census Bureau's first new economic indicator in 30years, the first "Quarterly Services Survey" was releasedon September 13, 2004, and covered the fourth quarter of 2003 andthe first and second quarters of 2004. The study measures operatingrevenue across three basic service sectors: the information sector;the professional, scientific and technical services sector; and theadministrative and support, waste management and remediationservices sector. Included in this first round of data aretelecommunications, software publishing, computer system design,media and employment services. In 2005, the survey will incorporatedata from hospitals and nursing and residential-carefacilities.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

Have More Responsibilities at Work, But No Pay Bump? Use This Script to Get the Raise You Deserve.
Black and Asian Founders Face Opposition at All Levels — Here's Why That Has to Change

The Greasy, Glamorous Rise of Mascara

You won't believe the grimy gunk people used to smear on their eyelashes -- and still do.

Business News

'Our Kids Aren't Even Safe To Order Food': Mother Outraged After DoorDash Employee Uses App to Flirt With Teen Daughter

One mom is going viral on TikTok after catching a DoorDash employee attempting to flirt with her 15-year-old daughter through the messaging service provided through the platform.

Business News

An NFL Rookie Scores a $514,000 Jackpot in Las Vegas

Los Angeles Rams running back Ronnie Rivers sat down to play 3-card poker and left a half million dollars richer.

Business News

Police: 82-Year-Old Woman Found Alive at New York Funeral Home After Being Pronounced Dead

The woman was found breathing almost three hours after she was pronounced dead.

Business Ideas

How to Make Thousands of Dollars on the Side As a Virtual Assistant

Apply your skills and experience to create a lucrative virtual assistant side hustle or full-time business.