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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 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