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Investopedia explains 'Quarterly Services Survey '
As of 2009, the information (NAICS sector 51), professional, scientific and technical services (54); administrative and support; waste management and remediation (56) sectors account for roughly 15% of the U.S. GDP. Because it accounts for a large portion of the economy and is sensitive to changes in productivity, growth and business cycles, the data from this report is important when trying to determine trends in the overall economy.
This data is also important for investors trying to determine trends in IT sectors directly, as this data can strongly affect market prices for companies in this area.
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