Consulting Industry Financials

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Consulting Industry Financial Summary

Just over 100,000 consulting firms in the US generate combined annual revenue of about $125 billion. Large companies include IBM, Accenture, McKinsey, and Booz Allen. The industry is highly fragmented: about 75 percent of consulting firms are one- or two-consultant operations. The average consulting firm has fewer than 10 employees and annual revenue under $1 million.

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

NAICSNAICS DescriptionEstablishmentsSales, Receipts, or Shipments ($1,000)Annual Payroll ($1,000)Paid Employees
541611Admin management & general management consulting services48,377$53,708,440$22,879,138352,805
541612Human resources & executive search consulting services16,247$14,320,616$6,959,823121,685
541613Marketing consulting services18,887$14,329,430$4,604,51094,635
541614Process, physical distribution, & logistics consulting services5,305$6,905,966$2,192,98343,927
541618Other management consulting services4,733$1,650,147$592,69513,594
541620Environmental consulting services8,536$6,932,517$2,670,64257,219
541690Other scientific & technical consulting services14,074$7,604,698$2,924,91854,810
561499All other business support services2,410$4,300,635$1,515,91950,310
 All NAICS Sectors118,569$109,752,449$44,340,628788,985

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