WASHINGTON, Nov. 22, 2016 /PRNewswire-USNewswire/ -- Between 2014 and 2015, 10 of the nation's 11 service sectors saw increases in revenue, according to statistics from the U.S. Census Bureau's 2015 Service Annual Survey. The utilities sector was the only sector to show a decrease in revenue, declining by 4.7 percent in 2015.
A majority of the 10 sectors that demonstrated increases in revenue in 2015 did so at annual growth rates that were smaller than those observed in 2014. This trend occurred most notably in the transportation and warehousing sector, which grew 1.9 percent to $959.0 billion. On the other hand, revenue growth generated by businesses in the health care and social assistance sector accelerated in 2015, compared to 2014, increasing 5.6 percent to $2.4 trillion. The Service Annual Survey provides statistics on revenue, payroll and expenses for companies whose primary business or operation is to provide services to individuals, businesses and governments. Survey data is available at the sector, subsector and industry group level, and dates back to 1982 as an annual survey. It was last expanded in 2009 to include approximately 150 additional service industries and now accounts for approximately 70.0 percent of the U.S. Gross Domestic Product (GDP).