The Quarterly Services Survey (QSS) is the only source of service industry indicator performance providing timely estimates of revenue and expenses for selected service industries. The Bureau of Economic Analysis (BEA) uses QSS data in its estimates of Gross Domestic Product (GDP).
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Upcoming Benchmarking and NAICS Restatement
Effective with the February 2025 advance release for the fourth quarter of 2024, not seasonally adjusted quarterly services estimates will be revised to reflect historical corrections and will continue to reflect the results of the 2022 Service Annual Survey. The seasonally adjusted Selected Services Total will reflect historical corrections, results of the 2022 Service Annual Survey, and new seasonal factors. This release will also incorporate the 2017 North American Industry Classification System (NAICS) changes. For a detailed description of these changes, please see the summary table. Publication tables will be reformatted to incorporate the 2017 NAICS definitions.
API
The URL for the economic indicators data in the Census Bureau API (Application Programming Interface) has been updated to add /timeseries/. Examples can be found on the Developers' webpage.
