Consulting services revenue growth slows in 2024 following three years of double-digit gains
The management, scientific and technical consulting services industry generated $39.9 billion in operating revenue in 2024, up 6.3% from 2023. This marks the second consecutive year of slowing growth, following three years of double-digit increases. Despite slower growth in 2024, an increasing concentration of information technology consultants contributed to a 50.1% gain in operating revenue from 2020 to 2024.
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