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 Services | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
Exports | 99,595 | 108,423 | 118,451 | 122,166 | 132,240 | 141,421 | 153,089 | 167,270 | 177,261 | 189,441 |
Imports | 65,903 | 74,082 | 78,678 | 84,024 | 90,716 | 95,119 | 100,505 | 106,991 | 107,834 | 113,584 |
Trade Balance | 33,692 | 34,341 | 39,773 | 38,142 | 41,524 | 46,302 | 52,584 | 60,279 | 69,427 | 75,857 |
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.
Region | Professional Services Exports, in Millions, 2019 |
Europe | 104,079 |
Asia-Pacific | 43,263 |
Latin America and Other Western Hemisphere | 17,935 |
Canada | 15,186 |
Middle East | 5,466 |
Africa | 3,455 |
International Organizations and Unallocated | 57 |
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.
Region | Professional Services Imports, in Millions, 2019 |
Europe | 55,634 |
Asia-Pacific | 35,311 |
Canada | 8,514 |
Latin America and Other Western Hemisphere | 8,058 |
Middle East | 4,342 |
Africa | N/A* |
International Organizations and Unallocated | N/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 Sector | Employment in 2019 |
Computer Systems Design and Related Services | 2,173,700 |
Architecture, Engineering, and Related Services | 1,497,800 |
Management, Scientific, and Technical Consulting Services | 1,491,510 |
Legal Services | 1,145,940 |
Accounting, Tax Preparation, Bookkeeping, and Payroll Services | 978,200 |
Scientific Research and Development Services | 707,170 |
Advertising, Public Relations, and Related Services | 490,210 |
Specialized Design Services | 144,980 |
Other Professional, Scientific, and Technical Services | 750,470 |
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 Sector | Mean 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.