Computer systems design and related services
Industry profile, February 2020
Sections: Description | Pricing | Costs | Demand | Appendix
This page is an industry profile for the Computer systems design and related services industry. It provides a general economic overview of recent developments in the industry. This includes information on industry pricing, costs, and demand. Below you will find a description of what type of business establishments are included in this industry. For information on how to best utilize this industry profile please visit our Business Solutions.
Industry Description
This industry comprises establishments primarily engaged in providing expertise in the field of information technologies through one or more of the following activities: (1) writing, modifying, testing, and supporting software to meet the needs of a particular customer; (2) planning and designing computer systems that integrate computer hardware, software, and communication technologies; (3) on-site management and operation of clients' computer systems and/or data processing facilities; and (4) other professional and technical computer related advice and services.
This industry description was sourced from the North American Industry Classification System.
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- As of January 2020, prices in this industry had increased 0.6 percent since the previous quarter.
- From January 2019 to January 2020 prices in this industry increased 1.3 percent.
- Prices increased 1.2 percent in the five year period starting in January 2015 and ending in January 2020.
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- As of January 2020, costs in this industry had 0 percent since the previous quarter.
- From January 2019 to January 2020 costs in this industry increased 0.6 percent.
- Costs increased 6.6 percent in the five year period starting in January 2015 and ending in January 2020.
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- The largest cost for this industry is purchases made to the Labor sector. This sector accounts for 71.3% of the industry's overall costs.
- From January 2019 to January 2020, the largest change in costs for this industry were costs associated with purchases to the Administrative and Support and Waste Management and Remediation Services sector. Costs associated with this sector increased 5.4%.
| Sector Name | Percentage of Costs | Annual Percent Change 4 |
|---|---|---|
| Labor | 71.3% | +0.9% |
| Professional, Scientific, and Technical Services | 8.3% | -4.4% |
| Administrative and Support and Waste Management and Remediation Services | 6.7% | +5.4% |
| Manufacturing | 3.9% | +4.3% |
| Information | 2.2% | -2.3% |
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- As of July 2019, demand for this industry had increased 7.4 percent since the previous quarter.
- From July 2018 to January 2020 costs in this industry increased 30 percent.
- Costs increased 66 percent in the five year period starting in July 2014 and ending in July 2019.
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- The sector that contributes the most to this industry's demand is the Private fixed investment sector. This sector accounts for 48.3% of the industry's overall demand.
- From January 2019 to January 2020, the largest change in demand for this industry was from the Government sector, where demand increased 50.9%.
| Sector Name | Percentage of Demand | Annual Percent Change 6 |
|---|---|---|
| Private fixed investment | 48.3% | +50.9% |
| Government | 9% | +50.9% |
| Public Administration | 7.8% | +5.5% |
| Exports | 5.2% | +50.9% |
| Professional, Scientific, and Technical Services | 4.6% | +6.8% |
- Pricing measured from January 2020.
- The BLS PPI used for this industry is WPU38.
- Costs measured from January 2020
- Demand measured from July 2019
