Sources of Revenue: Human Resources Management Consulting, and Consulting Combined with Implementation for Management Consulting Services, All Establishments, Employer Firms
This dataset tracks sources of revenue: human resources management consulting, and consulting combined with implementation for management consulting services, all establishments, employer firms over time.
Latest Value
15657.00
Year-over-Year Change
-15.63%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the revenue sources for human resources management consulting and combined management consulting services across all U.S. establishments. It provides insights into the consulting industry's revenue mix.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Sources of Revenue data tracks the breakdown of revenue streams for establishments providing human resources management consulting and broader management consulting services. This data is used to analyze industry trends and competitive dynamics within the professional services sector.
Methodology
The data is collected through surveys of U.S. employers by the U.S. Census Bureau.
Historical Context
This data informs economic analysis of the management consulting industry and its role in the broader professional services landscape.
Key Facts
- Covers all U.S. employer establishments in the management consulting industry.
- Tracks revenue from both standalone HR consulting and combined consulting/implementation services.
- Data available quarterly since 2007.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue sources for human resources management consulting and combined management consulting services across all U.S. establishments.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the revenue mix and competitive dynamics within the professional services consulting industry, which is important for economic analysis and business planning.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employers by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This data informs analysis of the management consulting industry and its role in the broader professional services landscape, which is relevant for policymakers and economists.
Q: Are there update delays or limitations?
A: The data is available quarterly with some lag from the Census Bureau.
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Citation
U.S. Census Bureau, Sources of Revenue: Human Resources Management Consulting, and Consulting Combined with Implementation for Management Consulting Services, All Establishments, Employer Firms (REVHRMEF54161ALLEST), retrieved from FRED.