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Wednesday, June 8, 2016

Information Revenue Increases

Information revenue rose 1.3 percent in the first quarter compared to the fourth quarter. Information revenue in the fourth quarter is revised 1 tenth higher to plus 1.9 percent. Year-on-year, information revenue rose 5.7 percent in the first quarter vs a revised 4.8 percent in the fourth quarter.

Definition:
The Census Bureau quarterly services survey focuses on information and technology-related service industries. These include information; professional, scientific and technical services; administrative & support services; and waste management and remediation services. These sectors correspond to three NAICS sectors (51, 54, and 56). The Quarterly Services Survey produces estimates of total operating revenue and the percentage of revenue by class of customer.

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