2019 Administrative and Support Services Market Research Report
Over the past 3 years, the Administrative and Support Services industry in the U.S. has averaged annual growth of 6.7% to reach $942 billion in revenue. The 2019 Administrative and Support Services Market Research Report is an in-depth evaluation of the industry in the United States.
Industries in the Administrative and Support Services subsector group companies engaged in activities that support the day-to-day operations of other organizations. The processes employed in this sector (e.g., general management, personnel administration, clerical activities, cleaning activities)are often integral parts of the activities of companies found in all sectors of the economy. The companies classified in this subsector have specialization in one or more of these activities and can, therefore, provide services to clients in a variety of industries and, in some cases, to households.
The report is based on extensive and comprehensive business surveys and is utilized for a range of strategic purposes, including benchmarking, due diligence, cost-cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
Below are select highlights from the report:
In 2018, industry sales were $942 billion
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Over the past 3 years, the industry has grown at an annual rate of 6.7%
The report has historical, annual and forecasted growth rates
There are 336,034 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company were $2.6 million
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INFLATION & PRICING
2019 forecasted inflation is 3.5%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
For unprofitable companies, the average net loss is -9.4%
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Employee productivity is $81,326
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2.4% of expenses are spent on health insurance
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In 2018, industry operating expenses grew 4.4%
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In 2018, payroll per employee was $37,990
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PAYROLL BY STATE
California averages $45,773 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
3.2% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $17.31
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The above highlights represent a small fraction of what you will find in this report.
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