Business Services Industry Overview

Companies that provide various services to commercial businesses, establishments, and organizations, including consulting, advertising and marketing services, and facilities maintenance.

Full Business Services Industry Description

Professional Service Firms Often Lag Economy

On both the downside and upside, the revenue of the professional service industry lags the performance of the rest of the economy. Before the last recession, professional services grew at almost twice the pace of the rest of the economy, 7 percent versus 4 percent annually. But right after the recession, demand grew just 1 percent per year.

Full Business Services Industry Trends

• 4Kids Entertainment, Inc.
• Cintas Corporation
• COLSA Corporation

View more Business Services Competitors

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Business Services maps to a number of NAICS codes including:

Full Business Services Industry Codes