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Wednesday, February 19, 2020

Advance Selected Services Total Revenue Increases 1% In Fourth Quarter

The U.S. Census Bureau announced the following selected services estimates for the fourth calendar quarter of 2019

Selected Services Total 
Advance U.S. selected services total revenue for the fourth quarter of 2019, adjusted for seasonal variation but not for price changes, was $4,129.2 billion, an increase of 1.0 percent (± 0.4 percent) from the third quarter of 2019 and up 4.7 percent (± 0.6 percent) from the fourth quarter of 2018. The second quarter of 2019 to the third quarter of 2019 percentage change was not revised from the preliminary estimate of 1.5percent (±0.2 percent).

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