U.S. Service Sector Generated Over $875 billion Revenue in Q3 2006

Major U.S. service industries revenue for the third quarter of 2006 was little over $875 billion, according to the Department of Commerce data. U.S. information sector revenue for the third calendar quarter of 2006,  was $261.7 billion, an increase of 0.6% from the second quarter of 2006 and up 5.8% from the third quarter of 2005. 
  • The telecommunications industry estimate was $95.3 billion, an increase of 2.2 percent from the second quarter of 2006 and up 4.1 percent from the third quarter of 2005. 

  • The publishing subsector estimate was $73.5 billion, an increase of 2.9 percent from the second quarter of 2006 and up 5.2 percent from the third quarter of 2005.

Professional, scientific, and technical services revenue for the third quarter of 2006  was $281.6 billion, a decrease of 0.9 percent from the second quarter of 2006 and up 10.3 percent from the third quarter of 2005. 

Administrative and support and waste management and remediation services  revenue for the third quarter of 2006 was $126.5 billion, a decrease of 0.6 percent from the second quarter of 2006 and up 5.7 percent from the third quarter of 2005. 

Hospitals and nursing and residential care facilities revenue for the third quarter of 2006 was $205.8 billion, an increase of 0.4 percent from the second quarter of 2006 and up 5.1 percent from the third quarter of 2005. 

Source: Quarterly Services Survey

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