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Professional and Business Services
The administrative infrastructure that supports businesses with specialized skills

Professional Services Trade Data

Professional Services Data

U.S. Professional and Business Services Trade, in Millions of Dollars, from 2010 to 2019:

Source: Bureau of Economic Analysis, Table 2.1 U.S. Trade in Services, by Type of Service Release Date: June 30, 2020.

Professional Services2010201120122013201420152016201720182019
Exports99,595108,423118,451122,166132,240141,421153,089167,270177,261189,441
Imports65,90374,08278,67884,02490,71695,119100,505106,991107,834113,584
Trade Balance33,69234,34139,77338,14241,52446,30252,58460,27969,42775,857

U.S. Professional Services Exports by Region in 2019

Source: Bureau of Economic Analysis, Table 2.2. U.S. Trade in Services, by Type of Service and by Country or Affiliation; Release Date: July 10, 2020 

*Data for International Organizations and Unallocated too small to report on chart.

RegionProfessional Services Exports, in Millions, 2019
Europe104,079
Asia-Pacific43,263
Latin America and Other Western Hemisphere17,935
Canada15,186
Middle East5,466
Africa3,455
International Organizations and Unallocated57
All Regions (Total)189,441

U.S. Professional Services Imports by Region in 2019

Source: Bureau of Economic Analysis, Table 2.2. U.S. Trade in Services, by Type of Service and by Country or Affiliation; Release Date: July 10, 2020 

*Data for Africa and International Organizations and Unallocated too small to report on chart.

RegionProfessional Services Imports, in Millions, 2019
Europe55,634
Asia-Pacific35,311
Canada8,514
Latin America and Other Western Hemisphere8,058
Middle East4,342
AfricaN/A*
International Organizations and UnallocatedN/A*
All Regions (Total)113,584

U.S. Employment by Sector, Professional and Business Services, in 2019

Source: Bureau of Labor Statistics, National Industry-Specific Occupational Employment and Wage Estimates, Sector 54: Professional, Scientific, and Technical Services (NAICS 54); Latest Update: March 31, 2020

U.S. Professional Services SectorEmployment in 2019
Computer Systems Design and Related Services2,173,700
Architecture, Engineering, and Related Services1,497,800
Management, Scientific, and Technical Consulting Services1,491,510
Legal Services1,145,940
Accounting, Tax Preparation, Bookkeeping, and Payroll Services978,200
Scientific Research and Development Services707,170
Advertising, Public Relations, and Related Services490,210
Specialized Design Services144,980
Other Professional, Scientific, and Technical Services750,470
Total (Professional Services Employment)9,379,990

U.S. Mean Annual Wages by Sector, Professional and Business Services: in 2019

Source: Bureau of Labor Statistics, National Industry-Specific Occupational Employment and Wage Estimates, Sector 54: Professional, Scientific, and Technical Services (NAICS 54); Latest Update: March 31, 2020

*Compared with Mean Annual Wage for All Occupations: $53,490

U.S. Professional Services SectorMean Annual Wages, 2019
Scientific Research and Development Services$103,970
Computer Systems Design and Related Services$99,230
Legal Services$89,490
Management, Scientific, and Technical Consulting Services$84,280
Architecture, Engineering, and Related Services$83,190
Advertising, Public Relations, and Related Services$76,030
Accounting, Tax Preparation, Bookkeeping, and Payroll Services$75,100
Specialized Design Services$67,710
Other Professional, Scientific, and Technical Services$55,210

 

To view the original data, please visit the Bureau of Economic Analysis interactive data application and the Bureau of Labor Statistics Occupational Employment Statistics