Consulting Industry Overview

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Industry Description

Companies that provide advice and assistance to other companies in such areas as strategy, business practices, and technical and human resources issues.

Industry Trends

Less Consulting from Accounting Firms

The 2002 Sarbanes-Oxley Act (SOX) counters conflicts of interest by separating the consulting activities of accounting firms from their audit services. SOX bars public corporations from hiring the same accounting firm for audits and consulting services. In response, many accounting firms have spun off their consulting arms.

Industry Competitors

Industry Codes

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 Consulting maps to a number of NAICS codes including:

NAICS
NAICS Title
Human Resources Consulting Services
Marketing Consulting Services
Process, Physical Distribution, and Logistics Consulting Services
Other Management Consulting Services

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Consulting industry.

Indicator
Total
NAICS Codes
8
Establishments
118,569
Sales, receipts or shipments ($1,000)
$109,752,449
Annual Payroll ($1,000)
$44,340,628
Paid Employees
788,985

Industry People



Industry Jobs

Consulting Firm - New York.NY
From TheLadders.com
Accenture - Seattle - Seattle.WA
From Jobfox
Consulting Firm - Washington.DC
From TheLadders.com