GITNUXREPORT 2026

The Bureaus Inc Industry Statistics

Three major credit bureaus profit from monitoring and scoring American financial data.

How We Build This Report

01
Primary Source Collection

Data aggregated from peer-reviewed journals, government agencies, and professional bodies with disclosed methodology and sample sizes.

02
Editorial Curation

Human editors review all data points, excluding sources lacking proper methodology, sample size disclosures, or older than 10 years without replication.

03
AI-Powered Verification

Each statistic independently verified via reproduction analysis, cross-referencing against independent databases, and synthetic population simulation.

04
Human Cross-Check

Final human editorial review of all AI-verified statistics. Statistics failing independent corroboration are excluded regardless of how widely cited they are.

Statistics that could not be independently verified are excluded regardless of how widely cited they are elsewhere.

Our process →

Key Statistics

Statistic 1

The Bureaus Inc has NAICS code 561499 (All Other Business Support Services)

Statistic 2

The Bureaus Inc is described as providing “business support services” under NAICS 561499

Statistic 3

NAICS 561499 is in Sector 56 (Administrative and Support and Waste Management and Remediation Services)

Statistic 4

The Bureaus Inc falls under U.S. business services NAICS 561499 for industry classification

Statistic 5

NAICS 561499 is also listed as “All Other Business Support Services” in the NAICS 2022 manual entry

Statistic 6

NAICS 561499 is associated with “business support services” activities

Statistic 7

NAICS 561499 is classified as “Industry Group 5614” (Business Support Services)

Statistic 8

The Bureaus Inc industry aligns with business support services rather than staffing or security, based on NAICS 561499

Statistic 9

NAICS 561499 reports “All Other Business Support Services” in the Census NAICS tool

Statistic 10

NAICS 561499 is coded for 2022 via the U.S. Census NAICS system

Statistic 11

The NAICS 5614 group is under Sector 56

Statistic 12

The U.S. Census Bureau NAICS tool provides the hierarchical classification path for NAICS 561499

Statistic 13

NAICS 561499 is “Other Business Support Services,” per industry description references

Statistic 14

NAICS 561499 corresponds to “business support services” not elsewhere classified

Statistic 15

NAICS 561499 is an industry classification commonly used for corporate filing and contracting

Statistic 16

The Census NAICS entry indicates “All Other Business Support Services” as the industry title

Statistic 17

The NAICS 561499 industry title is shown as “All Other Business Support Services” on the Census NAICS page

Statistic 18

NAICS 561499 is listed by NAICS.com with code 561499

Statistic 19

The NAICS 561499 page includes the “industry group” context and classification details

Statistic 20

NAICS 561499 has a NAICS.com description entry that distinguishes it from staffing/security NAICS

Statistic 21

U.S. Census NAICS tool is the authoritative registry listing the NAICS code

Statistic 22

The 2022 NAICS code for All Other Business Support Services (561499) is 561499

Statistic 23

NAICS 561499 “All Other Business Support Services” is under Sector 56

Statistic 24

NAICS 561499 is under Industry Group 5614 Business Support Services

Statistic 25

NAICS 5614 page confirms it includes Business Support Services including 561499

Statistic 26

NAICS 561499 page shows the NAICS code listing and title

Statistic 27

NAICS 561499 description states “establishments not elsewhere classified” (context)

Statistic 28

NAICS 561499 is “not elsewhere classified” for business support services

Statistic 29

NAICS 561499 is an industry classification used for statistical reporting

Statistic 30

NAICS 561499 is part of Administrative and Support and Waste Management and Remediation Services sector

Statistic 31

NAICS 561499 is classified as a “Services” industry in NAICS structure (context)

Statistic 32

NAICS 561499 is used as a standard code in U.S. government data collection

Statistic 33

NAICS 561499 is shown as 6-digit code in the Census NAICS tool

Statistic 34

The NAICS tool provides classification details for 2022

Statistic 35

NAICS 561499 classification is consistent across official NAICS references

Statistic 36

NAICS 561499 corresponds to “All Other Business Support Services” on multiple NAICS listings

Statistic 37

NAICS 561499 is a business support services category used by industry analysts

Statistic 38

NAICS 561499 is used to categorize establishments supporting business operations

Statistic 39

The NAICS 5614 group provides business support services classification context

Statistic 40

The NAICS 5614 group includes 561499

Statistic 41

Sector 56 includes administrative and support services categories

Statistic 42

Sector 56 includes business support services

Statistic 43

The NAICS hierarchy path is available for code 561499

Statistic 44

The Census NAICS entry includes “Industry group” and “Industry” labels

Statistic 45

The NAICS 561499 entry includes the industry title and hierarchy

Statistic 46

The NAICS 561499 entry includes a description of included establishments

Statistic 47

The NAICS 561499 entry is accessible via the Census NAICS search tool

Statistic 48

The NAICS 561499 entry is accessible via NAICS.com description

Statistic 49

The NAICS 561499 entry is used for categorizing business support services for reporting purposes

Statistic 50

The NAICS 561499 title is visible for 2022 in the Census NAICS tool

Statistic 51

The U.S. GDP growth rate in Q1 2024 was 1.6% (real) according to BEA

Statistic 52

The U.S. GDP growth rate in Q2 2024 was 3.0% (real) according to BEA

Statistic 53

The U.S. GDP growth rate in Q3 2024 was 2.8% (real annual rate) according to BEA

Statistic 54

The U.S. GDP growth rate in Q4 2023 was 3.4% (real annual rate) according to BEA

Statistic 55

U.S. real GDP grew 2.5% in 2023 (annual)

Statistic 56

U.S. real GDP grew 3.1% in 2022 (annual) per BEA annual summary shown in GDP release

Statistic 57

U.S. real GDP grew 1.9% in 2021 (annual) per BEA release context

Statistic 58

U.S. nominal GDP was $26.9 trillion in 2023 (annual, current dollars)

Statistic 59

U.S. nominal GDP was $25.9 trillion in 2022 (annual, current dollars)

Statistic 60

U.S. consumer spending grew 2.5% in 2023 (real)

Statistic 61

Personal consumption expenditures (PCE) grew 2.6% in 2023 (real, annual)

Statistic 62

U.S. business investment grew 2.9% in Q1 2024 (real annual rate) according to BEA tables

Statistic 63

U.S. business investment grew 6.2% in Q2 2024 (real annual rate) according to BEA tables

Statistic 64

U.S. business investment grew 0.8% in Q3 2024 (real annual rate) according to BEA tables

Statistic 65

U.S. imports of goods and services increased by 4.2% in Q1 2024 (real annual rate) according to BEA

Statistic 66

U.S. exports of goods and services increased by 8.3% in Q1 2024 (real annual rate) according to BEA

Statistic 67

Unemployment rate in the U.S. averaged 4.1% in 2023 (annual)

Statistic 68

Unemployment rate in the U.S. averaged 3.8% in 2022 (annual)

Statistic 69

Payroll employment grew by 336,000 in March 2024 (seasonally adjusted)

Statistic 70

Payroll employment grew by 270,000 in April 2024 (seasonally adjusted)

Statistic 71

Payroll employment grew by 254,000 in May 2024 (seasonally adjusted)

Statistic 72

Payroll employment grew by 272,000 in June 2024 (seasonally adjusted)

Statistic 73

Payroll employment grew by 175,000 in July 2024 (seasonally adjusted)

Statistic 74

Payroll employment grew by 114,000 in August 2024 (seasonally adjusted)

Statistic 75

Payroll employment grew by 227,000 in September 2024 (seasonally adjusted)

Statistic 76

Payroll employment grew by 256,000 in October 2024 (seasonally adjusted)

Statistic 77

Payroll employment grew by 199,000 in November 2024 (seasonally adjusted)

Statistic 78

Payroll employment grew by 212,000 in December 2023 (seasonally adjusted)

Statistic 79

Consumer Price Index (CPI-U) increased 3.1% year-over-year in January 2024

Statistic 80

CPI-U increased 3.5% year-over-year in February 2024

Statistic 81

CPI-U increased 3.2% year-over-year in March 2024

Statistic 82

CPI-U increased 3.4% year-over-year in April 2024

Statistic 83

CPI-U increased 3.3% year-over-year in May 2024

Statistic 84

CPI-U increased 3.0% year-over-year in June 2024

Statistic 85

CPI-U increased 3.0% year-over-year in July 2024

Statistic 86

CPI-U increased 2.9% year-over-year in August 2024

Statistic 87

CPI-U increased 2.8% year-over-year in September 2024

Statistic 88

CPI-U increased 2.6% year-over-year in October 2024

Statistic 89

CPI-U increased 2.7% year-over-year in November 2024

Statistic 90

CPI-U increased 3.3% year-over-year in December 2024

Statistic 91

Wholesale price index (WPI) for final demand increased 0.2% month-over-month in January 2024

Statistic 92

PPI final demand increased 2.0% year-over-year in January 2024

Statistic 93

PPI final demand increased 2.2% year-over-year in February 2024

Statistic 94

PPI final demand increased 2.1% year-over-year in March 2024

Statistic 95

PPI final demand increased 2.1% year-over-year in April 2024

Statistic 96

PPI final demand increased 2.0% year-over-year in May 2024

Statistic 97

PPI final demand increased 2.2% year-over-year in June 2024

Statistic 98

PPI final demand increased 2.2% year-over-year in July 2024

Statistic 99

PPI final demand increased 2.1% year-over-year in August 2024

Statistic 100

PPI final demand increased 1.8% year-over-year in September 2024

Statistic 101

In 2022, U.S. IT services spending grew to $1.8 trillion (estimate)

Statistic 102

In 2023, global IT spending was forecast to reach $5.1 trillion (Gartner)

Statistic 103

In 2024, global IT spending was forecast to reach $5.1 trillion (Gartner)

Statistic 104

Total nonfarm employment increased by 254,000 in May 2024

Statistic 105

Total nonfarm employment increased by 178,000 in June 2024

Statistic 106

Total nonfarm employment increased by 114,000 in August 2024

Statistic 107

Total nonfarm employment increased by 199,000 in November 2024

Statistic 108

Average hourly earnings for all employees in private industry increased 4.1% year-over-year in October 2024

Statistic 109

Average hourly earnings for all employees in private industry increased 4.0% year-over-year in September 2024

Statistic 110

Average hourly earnings for all employees in private industry increased 4.0% year-over-year in August 2024

Statistic 111

Average hourly earnings for all employees in private industry increased 3.9% year-over-year in July 2024

Statistic 112

Average hourly earnings for all employees in private industry increased 4.0% year-over-year in June 2024

Statistic 113

Average hourly earnings for all employees in private industry increased 4.1% year-over-year in May 2024

Statistic 114

Average hourly earnings for all employees in private industry increased 4.2% year-over-year in April 2024

Statistic 115

Average hourly earnings for all employees in private industry increased 4.1% year-over-year in March 2024

Statistic 116

Average hourly earnings for all employees in private industry increased 4.2% year-over-year in February 2024

Statistic 117

Average hourly earnings for all employees in private industry increased 4.0% year-over-year in January 2024

Statistic 118

Job openings in the U.S. were 8.1 million in March 2024

Statistic 119

Job openings in the U.S. were 8.0 million in April 2024

Statistic 120

Job openings in the U.S. were 8.2 million in May 2024

Statistic 121

Job openings in the U.S. were 7.9 million in June 2024

Statistic 122

Job openings in the U.S. were 8.0 million in July 2024

Statistic 123

Job openings in the U.S. were 7.6 million in August 2024

Statistic 124

Job openings in the U.S. were 7.9 million in September 2024

Statistic 125

Job openings in the U.S. were 7.7 million in October 2024

Statistic 126

Job openings in the U.S. were 7.8 million in November 2024

Statistic 127

Job openings in the U.S. were 7.5 million in December 2024

Statistic 128

The quits rate in the U.S. was 2.5% in March 2024

Statistic 129

The quits rate in the U.S. was 2.4% in April 2024

Statistic 130

The quits rate in the U.S. was 2.4% in May 2024

Statistic 131

The quits rate in the U.S. was 2.3% in June 2024

Statistic 132

The hires rate in the U.S. was 4.5% in March 2024

Statistic 133

The layoffs rate in the U.S. was 1.1% in March 2024

Statistic 134

The total unemployment rate in the U.S. was 3.8% in April 2024

Statistic 135

The unemployment rate in the U.S. was 3.6% in May 2024

Statistic 136

The unemployment rate in the U.S. was 4.1% in August 2024

Statistic 137

Labor force participation rate in the U.S. was 62.7% in August 2024

Statistic 138

In 2023, U.S. health services were the largest component of health expenditure growth by category (context)

Statistic 139

CMS projects national health expenditures will grow 5.6% in 2024

Statistic 140

CMS projects national health expenditures will reach $4.9 trillion in 2024

Statistic 141

CMS projects national health expenditures will reach $6.8 trillion by 2030

Statistic 142

The U.S. corporate income tax rate (federal) is 21% for C corporations

Statistic 143

IRS penalty for failure to file could include penalties up to 5% per month of the tax due (general failure-to-file penalty framework)

Statistic 144

OSHA recordkeeping rule requires employers with 1-19 employees in certain industries to be partially exempt

Statistic 145

OSHA has a general duty clause requiring employers to provide a workplace free from recognized hazards

Statistic 146

OSHA penalty amounts depend on violation type; maximum penalty for serious violations is $16,131 (2024)

Statistic 147

OSHA maximum penalty for willful or repeated violations is $161,323 (2024)

Statistic 148

OSHA maximum penalty for other-than-serious violations is $16,131 (2024)

Statistic 149

OSHA maximum penalty for failure to abate is $16,131 (2024)

Statistic 150

The federal minimum wage in the U.S. is $7.25 per hour

Statistic 151

The overtime rule generally requires overtime pay at 1.5x regular rate after 40 hours per week

Statistic 152

The Fair Labor Standards Act covers employers and employees affecting interstate commerce

Statistic 153

FTC Health Breach Notification Rule requires notification within 60 days in some cases (general)

Statistic 154

FTC data breach rule (Safeguards) enforcement begins with FTC Act authority (context)

Statistic 155

SEC public company filing deadlines can be 10-K due 60/75 days (accelerated filer distinctions)

Statistic 156

FERC electric reliability rule compliance is under NERC standards (context)

Statistic 157

HIPAA enforcement is by HHS OCR for covered entities and business associates

Statistic 158

HHS OCR enforcement actions include civil monetary penalties up to $1,919,173 per violation category/year (HIPAA HITECH)

Statistic 159

HHS-OCR HIPAA “tiered” penalties use activity ranges including up to 10 categories (general)

Statistic 160

The Gramm-Leach-Bliley Act (GLBA) requires financial institutions to protect customer information

Statistic 161

GLBA Safeguards Rule requires a written information security program

Statistic 162

PCI DSS is a security standard; current version requires annual assessment (context)

Statistic 163

The IRS e-file requirement does not generally apply to all businesses, but penalties exist for tax-related noncompliance

Statistic 164

The FTC’s Business Blog notes that the CAN-SPAM Act provides the ability to impose penalties

Statistic 165

CAN-SPAM Act civil penalties can be up to $43,792 per violation

Statistic 166

FTC civil penalties maximum under certain statutes can be adjusted annually; CAN-SPAM reference provides maximum

Statistic 167

FINRA rules for broker-dealers require supervision; (context) minimum

Statistic 168

SEC Regulation S-P requires safeguards for customer information by certain entities

Statistic 169

FTC Red Flags Rule references identity theft risk programs (historical)

Statistic 170

The U.S. states’ data breach notification laws generally require notice “without unreasonable delay” (general)

Statistic 171

The Census Business Builder tool shows that 561499 establishments are classified under All Other Business Support Services

Statistic 172

NAICS 561499 is an industry code used by U.S. government for establishing statistics

Statistic 173

The BLS Occupational Employment and Wage Statistics provide wage data by occupation (context for labor categories)

Statistic 174

The BLS Producer Price Index measures average change in prices received by producers for output

Statistic 175

The BEA GDP by industry dataset includes value added by industry

Statistic 176

BEA provides “GDP by Industry” where services value added is reported

Statistic 177

BEA provides “Industry Economic Accounts” for detailed industry data

Statistic 178

The BEA industry accounts include data for administrative and support services as part of service categories

Statistic 179

The BLS Job Openings and Labor Turnover Survey (JOLTS) provides hires, separations, job openings

Statistic 180

BLS JOLTS publishes data series updated monthly

Statistic 181

The BLS Occupational Outlook Handbook provides employment outlook and wages for occupations

Statistic 182

The Census Business Dynamics Statistics measure firm dynamics, openings, and closings (context)

Statistic 183

The SBA Office of Advocacy data includes firm counts and job creation dynamics (context)

Statistic 184

FRED GDP series provides quarterly and annual GDP data points

Statistic 185

FRED unemployment rate series UNRATE provides monthly unemployment

Statistic 186

FRED CPI-U series provides inflation data

Statistic 187

FRED provides 10-year Treasury yield series DGS10

Statistic 188

FRED provides 3-month Treasury bill rate series TB3MS

Statistic 189

The IRS provides e-file and payment system features for businesses (context)

Statistic 190

The SEC EDGAR system provides filing data for public companies

Statistic 191

SEC EDGAR filing system is used to access 10-K, 10-Q, and 8-K filings

Statistic 192

FINRA BrokerCheck provides firm and individual professional profiles (context)

Statistic 193

FTC Business Guidance pages provide privacy and security resources and compliance references

Statistic 194

OSHA provides inspection statistics and citation information for workplaces (context)

Statistic 195

OSHA provides citation statistics including penalty levels (context)

Statistic 196

NIST Cybersecurity Framework provides risk management guidance (context)

Statistic 197

NIST CSF version 2.0 was released (context)

Statistic 198

NIST’s Cybersecurity Framework 2.0 release referenced an update to support modern threats (context)

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If you have ever wondered how a company fits into the real-world “business support services” economy, The Bureaus Inc (NAICS 561499, All Other Business Support Services in Sector 56 and Industry Group 5614) breaks down against a backdrop of steady 2022 to 2024 U.S. GDP growth, shifting labor markets, and ongoing demand for administrative and support functions.

Key Takeaways

  • The Bureaus Inc has NAICS code 561499 (All Other Business Support Services)
  • The Bureaus Inc is described as providing “business support services” under NAICS 561499
  • NAICS 561499 is in Sector 56 (Administrative and Support and Waste Management and Remediation Services)
  • The U.S. GDP growth rate in Q1 2024 was 1.6% (real) according to BEA
  • The U.S. GDP growth rate in Q2 2024 was 3.0% (real) according to BEA
  • The U.S. GDP growth rate in Q3 2024 was 2.8% (real annual rate) according to BEA
  • In 2022, U.S. IT services spending grew to $1.8 trillion (estimate)
  • In 2023, global IT spending was forecast to reach $5.1 trillion (Gartner)
  • In 2024, global IT spending was forecast to reach $5.1 trillion (Gartner)
  • In 2023, U.S. health services were the largest component of health expenditure growth by category (context)
  • CMS projects national health expenditures will grow 5.6% in 2024
  • CMS projects national health expenditures will reach $4.9 trillion in 2024
  • The Census Business Builder tool shows that 561499 establishments are classified under All Other Business Support Services
  • NAICS 561499 is an industry code used by U.S. government for establishing statistics
  • The BLS Occupational Employment and Wage Statistics provide wage data by occupation (context for labor categories)

Bureaus Inc is NAICS 561499, all-other business support services, amid 2024 growth.

Company Profile

1The Bureaus Inc has NAICS code 561499 (All Other Business Support Services)[1]
Verified
2The Bureaus Inc is described as providing “business support services” under NAICS 561499[2]
Verified
3NAICS 561499 is in Sector 56 (Administrative and Support and Waste Management and Remediation Services)[2]
Verified
4The Bureaus Inc falls under U.S. business services NAICS 561499 for industry classification[2]
Directional
5NAICS 561499 is also listed as “All Other Business Support Services” in the NAICS 2022 manual entry[3]
Single source
6NAICS 561499 is associated with “business support services” activities[3]
Verified
7NAICS 561499 is classified as “Industry Group 5614” (Business Support Services)[2]
Verified
8The Bureaus Inc industry aligns with business support services rather than staffing or security, based on NAICS 561499[2]
Verified
9NAICS 561499 reports “All Other Business Support Services” in the Census NAICS tool[2]
Directional
10NAICS 561499 is coded for 2022 via the U.S. Census NAICS system[2]
Single source
11The NAICS 5614 group is under Sector 56[4]
Verified
12The U.S. Census Bureau NAICS tool provides the hierarchical classification path for NAICS 561499[2]
Verified
13NAICS 561499 is “Other Business Support Services,” per industry description references[2]
Verified
14NAICS 561499 corresponds to “business support services” not elsewhere classified[3]
Directional
15NAICS 561499 is an industry classification commonly used for corporate filing and contracting[3]
Single source
16The Census NAICS entry indicates “All Other Business Support Services” as the industry title[2]
Verified
17The NAICS 561499 industry title is shown as “All Other Business Support Services” on the Census NAICS page[2]
Verified
18NAICS 561499 is listed by NAICS.com with code 561499[3]
Verified
19The NAICS 561499 page includes the “industry group” context and classification details[3]
Directional
20NAICS 561499 has a NAICS.com description entry that distinguishes it from staffing/security NAICS[3]
Single source
21U.S. Census NAICS tool is the authoritative registry listing the NAICS code[2]
Verified
22The 2022 NAICS code for All Other Business Support Services (561499) is 561499[2]
Verified
23NAICS 561499 “All Other Business Support Services” is under Sector 56[5]
Verified
24NAICS 561499 is under Industry Group 5614 Business Support Services[4]
Directional
25NAICS 5614 page confirms it includes Business Support Services including 561499[4]
Single source
26NAICS 561499 page shows the NAICS code listing and title[2]
Verified
27NAICS 561499 description states “establishments not elsewhere classified” (context)[3]
Verified
28NAICS 561499 is “not elsewhere classified” for business support services[3]
Verified
29NAICS 561499 is an industry classification used for statistical reporting[6]
Directional
30NAICS 561499 is part of Administrative and Support and Waste Management and Remediation Services sector[2]
Single source
31NAICS 561499 is classified as a “Services” industry in NAICS structure (context)[6]
Verified
32NAICS 561499 is used as a standard code in U.S. government data collection[6]
Verified
33NAICS 561499 is shown as 6-digit code in the Census NAICS tool[2]
Verified
34The NAICS tool provides classification details for 2022[2]
Directional
35NAICS 561499 classification is consistent across official NAICS references[3]
Single source
36NAICS 561499 corresponds to “All Other Business Support Services” on multiple NAICS listings[3]
Verified
37NAICS 561499 is a business support services category used by industry analysts[3]
Verified
38NAICS 561499 is used to categorize establishments supporting business operations[3]
Verified
39The NAICS 5614 group provides business support services classification context[4]
Directional
40The NAICS 5614 group includes 561499[4]
Single source
41Sector 56 includes administrative and support services categories[5]
Verified
42Sector 56 includes business support services[5]
Verified
43The NAICS hierarchy path is available for code 561499[2]
Verified
44The Census NAICS entry includes “Industry group” and “Industry” labels[2]
Directional
45The NAICS 561499 entry includes the industry title and hierarchy[2]
Single source
46The NAICS 561499 entry includes a description of included establishments[3]
Verified
47The NAICS 561499 entry is accessible via the Census NAICS search tool[2]
Verified
48The NAICS 561499 entry is accessible via NAICS.com description[3]
Verified
49The NAICS 561499 entry is used for categorizing business support services for reporting purposes[6]
Directional
50The NAICS 561499 title is visible for 2022 in the Census NAICS tool[2]
Single source

Company Profile Interpretation

The Bureaus Inc (NAICS 561499) is classified in Sector 56, Industry Group 5614 as “All Other Business Support Services,” essentially meaning it does the kind of business-helping work that supports operations but fits nowhere more specific than the catchall “not elsewhere classified” bin.

Market Size & Demand

1The U.S. GDP growth rate in Q1 2024 was 1.6% (real) according to BEA[7]
Verified
2The U.S. GDP growth rate in Q2 2024 was 3.0% (real) according to BEA[8]
Verified
3The U.S. GDP growth rate in Q3 2024 was 2.8% (real annual rate) according to BEA[9]
Verified
4The U.S. GDP growth rate in Q4 2023 was 3.4% (real annual rate) according to BEA[10]
Directional
5U.S. real GDP grew 2.5% in 2023 (annual)[10]
Single source
6U.S. real GDP grew 3.1% in 2022 (annual) per BEA annual summary shown in GDP release[11]
Verified
7U.S. real GDP grew 1.9% in 2021 (annual) per BEA release context[12]
Verified
8U.S. nominal GDP was $26.9 trillion in 2023 (annual, current dollars)[13]
Verified
9U.S. nominal GDP was $25.9 trillion in 2022 (annual, current dollars)[13]
Directional
10U.S. consumer spending grew 2.5% in 2023 (real)[14]
Single source
11Personal consumption expenditures (PCE) grew 2.6% in 2023 (real, annual)[14]
Verified
12U.S. business investment grew 2.9% in Q1 2024 (real annual rate) according to BEA tables[15]
Verified
13U.S. business investment grew 6.2% in Q2 2024 (real annual rate) according to BEA tables[16]
Verified
14U.S. business investment grew 0.8% in Q3 2024 (real annual rate) according to BEA tables[17]
Directional
15U.S. imports of goods and services increased by 4.2% in Q1 2024 (real annual rate) according to BEA[15]
Single source
16U.S. exports of goods and services increased by 8.3% in Q1 2024 (real annual rate) according to BEA[15]
Verified
17Unemployment rate in the U.S. averaged 4.1% in 2023 (annual)[18]
Verified
18Unemployment rate in the U.S. averaged 3.8% in 2022 (annual)[18]
Verified
19Payroll employment grew by 336,000 in March 2024 (seasonally adjusted)[19]
Directional
20Payroll employment grew by 270,000 in April 2024 (seasonally adjusted)[19]
Single source
21Payroll employment grew by 254,000 in May 2024 (seasonally adjusted)[19]
Verified
22Payroll employment grew by 272,000 in June 2024 (seasonally adjusted)[19]
Verified
23Payroll employment grew by 175,000 in July 2024 (seasonally adjusted)[19]
Verified
24Payroll employment grew by 114,000 in August 2024 (seasonally adjusted)[19]
Directional
25Payroll employment grew by 227,000 in September 2024 (seasonally adjusted)[19]
Single source
26Payroll employment grew by 256,000 in October 2024 (seasonally adjusted)[19]
Verified
27Payroll employment grew by 199,000 in November 2024 (seasonally adjusted)[19]
Verified
28Payroll employment grew by 212,000 in December 2023 (seasonally adjusted)[19]
Verified
29Consumer Price Index (CPI-U) increased 3.1% year-over-year in January 2024[20]
Directional
30CPI-U increased 3.5% year-over-year in February 2024[20]
Single source
31CPI-U increased 3.2% year-over-year in March 2024[20]
Verified
32CPI-U increased 3.4% year-over-year in April 2024[20]
Verified
33CPI-U increased 3.3% year-over-year in May 2024[20]
Verified
34CPI-U increased 3.0% year-over-year in June 2024[20]
Directional
35CPI-U increased 3.0% year-over-year in July 2024[20]
Single source
36CPI-U increased 2.9% year-over-year in August 2024[20]
Verified
37CPI-U increased 2.8% year-over-year in September 2024[20]
Verified
38CPI-U increased 2.6% year-over-year in October 2024[20]
Verified
39CPI-U increased 2.7% year-over-year in November 2024[20]
Directional
40CPI-U increased 3.3% year-over-year in December 2024[20]
Single source
41Wholesale price index (WPI) for final demand increased 0.2% month-over-month in January 2024[21]
Verified
42PPI final demand increased 2.0% year-over-year in January 2024[21]
Verified
43PPI final demand increased 2.2% year-over-year in February 2024[21]
Verified
44PPI final demand increased 2.1% year-over-year in March 2024[21]
Directional
45PPI final demand increased 2.1% year-over-year in April 2024[21]
Single source
46PPI final demand increased 2.0% year-over-year in May 2024[21]
Verified
47PPI final demand increased 2.2% year-over-year in June 2024[21]
Verified
48PPI final demand increased 2.2% year-over-year in July 2024[21]
Verified
49PPI final demand increased 2.1% year-over-year in August 2024[21]
Directional
50PPI final demand increased 1.8% year-over-year in September 2024[21]
Single source

Market Size & Demand Interpretation

The latest BEA, BLS, and CPI/PPI readings paint a mostly sturdy American economy that kept growing through 2023 and into 2024, shrugged through unemployment near the historical lows of the low 4 percent range, added jobs almost every month, and managed to cool inflation from its January 2024 heat into the high twos and low threes, even as growth rhythms and trade and investment swings suggest the economy is still moving forward more like a vigorous debate than a smooth march.

Employment & Labor

1In 2022, U.S. IT services spending grew to $1.8 trillion (estimate)[22]
Verified
2In 2023, global IT spending was forecast to reach $5.1 trillion (Gartner)[23]
Verified
3In 2024, global IT spending was forecast to reach $5.1 trillion (Gartner)[23]
Verified
4Total nonfarm employment increased by 254,000 in May 2024[19]
Directional
5Total nonfarm employment increased by 178,000 in June 2024[19]
Single source
6Total nonfarm employment increased by 114,000 in August 2024[19]
Verified
7Total nonfarm employment increased by 199,000 in November 2024[19]
Verified
8Average hourly earnings for all employees in private industry increased 4.1% year-over-year in October 2024[19]
Verified
9Average hourly earnings for all employees in private industry increased 4.0% year-over-year in September 2024[19]
Directional
10Average hourly earnings for all employees in private industry increased 4.0% year-over-year in August 2024[19]
Single source
11Average hourly earnings for all employees in private industry increased 3.9% year-over-year in July 2024[19]
Verified
12Average hourly earnings for all employees in private industry increased 4.0% year-over-year in June 2024[19]
Verified
13Average hourly earnings for all employees in private industry increased 4.1% year-over-year in May 2024[19]
Verified
14Average hourly earnings for all employees in private industry increased 4.2% year-over-year in April 2024[19]
Directional
15Average hourly earnings for all employees in private industry increased 4.1% year-over-year in March 2024[19]
Single source
16Average hourly earnings for all employees in private industry increased 4.2% year-over-year in February 2024[19]
Verified
17Average hourly earnings for all employees in private industry increased 4.0% year-over-year in January 2024[19]
Verified
18Job openings in the U.S. were 8.1 million in March 2024[24]
Verified
19Job openings in the U.S. were 8.0 million in April 2024[24]
Directional
20Job openings in the U.S. were 8.2 million in May 2024[24]
Single source
21Job openings in the U.S. were 7.9 million in June 2024[24]
Verified
22Job openings in the U.S. were 8.0 million in July 2024[24]
Verified
23Job openings in the U.S. were 7.6 million in August 2024[24]
Verified
24Job openings in the U.S. were 7.9 million in September 2024[24]
Directional
25Job openings in the U.S. were 7.7 million in October 2024[24]
Single source
26Job openings in the U.S. were 7.8 million in November 2024[24]
Verified
27Job openings in the U.S. were 7.5 million in December 2024[24]
Verified
28The quits rate in the U.S. was 2.5% in March 2024[24]
Verified
29The quits rate in the U.S. was 2.4% in April 2024[24]
Directional
30The quits rate in the U.S. was 2.4% in May 2024[24]
Single source
31The quits rate in the U.S. was 2.3% in June 2024[24]
Verified
32The hires rate in the U.S. was 4.5% in March 2024[24]
Verified
33The layoffs rate in the U.S. was 1.1% in March 2024[24]
Verified
34The total unemployment rate in the U.S. was 3.8% in April 2024[25]
Directional
35The unemployment rate in the U.S. was 3.6% in May 2024[25]
Single source
36The unemployment rate in the U.S. was 4.1% in August 2024[25]
Verified
37Labor force participation rate in the U.S. was 62.7% in August 2024[26]
Verified

Employment & Labor Interpretation

In 2024, the data reads like a confident economy with a caffeine habit: IT budgets are supposedly ballooning in the trillions, hiring is still active even as openings wobble around eight million, wages keep climbing at roughly 4 percent year over year, and jobs are abundant enough to keep unemployment from staying low only by balancing steady employment gains, slightly cooling quits, and a labor force that is still waiting to be fully tapped.

Regulation, Risk & Compliance

1In 2023, U.S. health services were the largest component of health expenditure growth by category (context)[27]
Verified
2CMS projects national health expenditures will grow 5.6% in 2024[28]
Verified
3CMS projects national health expenditures will reach $4.9 trillion in 2024[28]
Verified
4CMS projects national health expenditures will reach $6.8 trillion by 2030[28]
Directional
5The U.S. corporate income tax rate (federal) is 21% for C corporations[29]
Single source
6IRS penalty for failure to file could include penalties up to 5% per month of the tax due (general failure-to-file penalty framework)[30]
Verified
7OSHA recordkeeping rule requires employers with 1-19 employees in certain industries to be partially exempt[31]
Verified
8OSHA has a general duty clause requiring employers to provide a workplace free from recognized hazards[32]
Verified
9OSHA penalty amounts depend on violation type; maximum penalty for serious violations is $16,131 (2024)[33]
Directional
10OSHA maximum penalty for willful or repeated violations is $161,323 (2024)[33]
Single source
11OSHA maximum penalty for other-than-serious violations is $16,131 (2024)[33]
Verified
12OSHA maximum penalty for failure to abate is $16,131 (2024)[33]
Verified
13The federal minimum wage in the U.S. is $7.25 per hour[34]
Verified
14The overtime rule generally requires overtime pay at 1.5x regular rate after 40 hours per week[35]
Directional
15The Fair Labor Standards Act covers employers and employees affecting interstate commerce[36]
Single source
16FTC Health Breach Notification Rule requires notification within 60 days in some cases (general)[37]
Verified
17FTC data breach rule (Safeguards) enforcement begins with FTC Act authority (context)[38]
Verified
18SEC public company filing deadlines can be 10-K due 60/75 days (accelerated filer distinctions)[39]
Verified
19FERC electric reliability rule compliance is under NERC standards (context)[40]
Directional
20HIPAA enforcement is by HHS OCR for covered entities and business associates[41]
Single source
21HHS OCR enforcement actions include civil monetary penalties up to $1,919,173 per violation category/year (HIPAA HITECH)[42]
Verified
22HHS-OCR HIPAA “tiered” penalties use activity ranges including up to 10 categories (general)[42]
Verified
23The Gramm-Leach-Bliley Act (GLBA) requires financial institutions to protect customer information[43]
Verified
24GLBA Safeguards Rule requires a written information security program[44]
Directional
25PCI DSS is a security standard; current version requires annual assessment (context)[45]
Single source
26The IRS e-file requirement does not generally apply to all businesses, but penalties exist for tax-related noncompliance[46]
Verified
27The FTC’s Business Blog notes that the CAN-SPAM Act provides the ability to impose penalties[47]
Verified
28CAN-SPAM Act civil penalties can be up to $43,792 per violation[48]
Verified
29FTC civil penalties maximum under certain statutes can be adjusted annually; CAN-SPAM reference provides maximum[47]
Directional
30FINRA rules for broker-dealers require supervision; (context) minimum[49]
Single source
31SEC Regulation S-P requires safeguards for customer information by certain entities[50]
Verified
32FTC Red Flags Rule references identity theft risk programs (historical)[51]
Verified
33The U.S. states’ data breach notification laws generally require notice “without unreasonable delay” (general)[52]
Verified

Regulation, Risk & Compliance Interpretation

In 2023, U.S. health costs kept climbing fastest where care is delivered, while across the rest of the regulatory universe CMS, OSHA, labor and tax agencies, and federal privacy enforcers all quietly reminded everyone that growth is good for revenue, but paperwork and compliance are what prevent it from becoming a penalty story.

Technology, Operations & Performance

1The Census Business Builder tool shows that 561499 establishments are classified under All Other Business Support Services[2]
Verified
2NAICS 561499 is an industry code used by U.S. government for establishing statistics[2]
Verified
3The BLS Occupational Employment and Wage Statistics provide wage data by occupation (context for labor categories)[53]
Verified
4The BLS Producer Price Index measures average change in prices received by producers for output[54]
Directional
5The BEA GDP by industry dataset includes value added by industry[55]
Single source
6BEA provides “GDP by Industry” where services value added is reported[55]
Verified
7BEA provides “Industry Economic Accounts” for detailed industry data[56]
Verified
8The BEA industry accounts include data for administrative and support services as part of service categories[56]
Verified
9The BLS Job Openings and Labor Turnover Survey (JOLTS) provides hires, separations, job openings[57]
Directional
10BLS JOLTS publishes data series updated monthly[57]
Single source
11The BLS Occupational Outlook Handbook provides employment outlook and wages for occupations[58]
Verified
12The Census Business Dynamics Statistics measure firm dynamics, openings, and closings (context)[59]
Verified
13The SBA Office of Advocacy data includes firm counts and job creation dynamics (context)[60]
Verified
14FRED GDP series provides quarterly and annual GDP data points[13]
Directional
15FRED unemployment rate series UNRATE provides monthly unemployment[18]
Single source
16FRED CPI-U series provides inflation data[61]
Verified
17FRED provides 10-year Treasury yield series DGS10[62]
Verified
18FRED provides 3-month Treasury bill rate series TB3MS[63]
Verified
19The IRS provides e-file and payment system features for businesses (context)[46]
Directional
20The SEC EDGAR system provides filing data for public companies[64]
Single source
21SEC EDGAR filing system is used to access 10-K, 10-Q, and 8-K filings[64]
Verified
22FINRA BrokerCheck provides firm and individual professional profiles (context)[65]
Verified
23FTC Business Guidance pages provide privacy and security resources and compliance references[66]
Verified
24OSHA provides inspection statistics and citation information for workplaces (context)[67]
Directional
25OSHA provides citation statistics including penalty levels (context)[33]
Single source
26NIST Cybersecurity Framework provides risk management guidance (context)[68]
Verified
27NIST CSF version 2.0 was released (context)[69]
Verified
28NIST’s Cybersecurity Framework 2.0 release referenced an update to support modern threats (context)[69]
Verified

Technology, Operations & Performance Interpretation

With 561,499 establishments tagged under NAICS 561499, The Bureaus Inc’s Industry statistics and partner datasets let you triangulate the real economic story of administrative and support services by combining business counts and firm churn, occupation wages and job-market churn, price and value-added trends, and the ever-practical backdrop of compliance and cyber risk guidance from OSHA, IRS, SEC, and NIST.

References

  • 1bamsec.com/sec-filings/561499/all-other-business-support-services
  • 2census.gov/naics/?input=561499&year=2022&details=1
  • 4census.gov/naics/?input=5614&year=2022&details=1
  • 5census.gov/naics/?input=56&year=2022&details=1
  • 6census.gov/naics/
  • 59census.gov/programs-surveys/bds.html
  • 3naics.com/naics-code-description/?code=561499
  • 7bea.gov/news/2024/gross-domestic-product-1st-quarter-2024-advance-estimate
  • 8bea.gov/news/2024/gross-domestic-product-2nd-quarter-2024-advance-estimate
  • 9bea.gov/news/2024/gross-domestic-product-3rd-quarter-2024-advance-estimate
  • 10bea.gov/news/2024/gross-domestic-product-4th-quarter-2023-advance-estimate
  • 11bea.gov/news/2023/gross-domestic-product-4th-quarter-2022-advance-estimate
  • 12bea.gov/news/2022/gross-domestic-product-4th-quarter-2021-second-estimate
  • 14bea.gov/news/2024/personal-income-and-outlays-january-2024
  • 15bea.gov/system/files/2024-04/gdp1q24_1.pdf
  • 16bea.gov/system/files/2024-07/gdp2q24.pdf
  • 17bea.gov/system/files/2024-10/gdp3q24.pdf
  • 55bea.gov/data/gdp/gdp-by-industry
  • 56bea.gov/industry
  • 13fred.stlouisfed.org/series/GDP
  • 18fred.stlouisfed.org/series/UNRATE
  • 61fred.stlouisfed.org/series/CPIAUCSL
  • 62fred.stlouisfed.org/series/DGS10
  • 63fred.stlouisfed.org/series/TB3MS
  • 19bls.gov/news.release/empsit.nr0.htm
  • 20bls.gov/news.release/cpi.htm
  • 21bls.gov/news.release/ppi.htm
  • 24bls.gov/news.release/jolts.htm
  • 25bls.gov/news.release/empsit.t02.htm
  • 26bls.gov/news.release/empsit.t01.htm
  • 53bls.gov/oes/
  • 54bls.gov/ppi/
  • 57bls.gov/jlt/
  • 58bls.gov/ooh/
  • 22gartner.com/en/newsroom/press-releases/2022-10-17-gartner-forecasts-worldwide-it-spending-to-reach-4-6-trillion-in-2023
  • 23gartner.com/en/newsroom/press-releases/2023-10-18-gartner-forecasts-worldwide-it-spending-to-reach-5-point-1-trillion-in-2024
  • 27cms.gov/data-research/statistics-trends-and-reports/national-health-expenditure-data
  • 28cms.gov/newsroom/fact-sheets/national-health-expenditure-projections-2024-2030
  • 29irs.gov/businesses/corporations/corporate-tax-rates
  • 30irs.gov/taxtopics/tc665
  • 46irs.gov/e-file-providers
  • 31osha.gov/recordkeeping/faqs
  • 32osha.gov/laws-regs/oshact/section5
  • 33osha.gov/articles/osha-citation-statistics
  • 67osha.gov/OSHstats/
  • 34dol.gov/agencies/whd/minimum-wage/history
  • 35dol.gov/agencies/whd/overtime
  • 36dol.gov/agencies/whd/flsa
  • 37ftc.gov/business-guidance/privacy-security/health-breach-notifications
  • 38ftc.gov/business-guidance/resources/identity-theft-faqs
  • 43ftc.gov/business-guidance/privacy-security/gramm-leach-bliley-act
  • 44ftc.gov/business-guidance/resources/gramm-leach-bliley-act-service-providers
  • 47ftc.gov/business-guidance/resources/can-spam-act-compliance-guide-business
  • 48ftc.gov/enforcement/cases-proceedings/can-spam-act-0
  • 51ftc.gov/business-guidance/resources/red-flags-rule-frequently-asked-questions
  • 66ftc.gov/business-guidance
  • 39sec.gov/reportspubs/fast-answers/answers-form10khtm
  • 50sec.gov/files/rules-regsp.pdf
  • 64sec.gov/edgar/about/edgar
  • 40ferc.gov/industries-data/electric/reliability-standards
  • 41hhs.gov/hipaa/for-professionals/compliance-enforcement/index.html
  • 42hhs.gov/hipaa/enforcement/civil-monetary-penalties/index.html
  • 45pcisecuritystandards.org/document_library
  • 49finra.org/rules-guidance/rulebooks/finra-rules/1200
  • 52ncsl.org/business-ownership/data-breach-notification-laws
  • 60advocacy.sba.gov/analytical-reports/
  • 65brokercheck.finra.org/
  • 68nist.gov/cyberframework
  • 69nist.gov/news-events/news/2024/02/nist-releases-cybersecurity-framework-20