Finance and Business Services: Impacted by COVID and Being Transformed by Technology
30 May 2023
Finance and Business Services are critical industries within all regional economies. They provide services which enable other industries to sustain and grow and provide well-paying careers with multiple pathways for advancement. In this article, we will discuss the Finance and Business Services sector, including recent and projected trends in employment, areas of industry growth, national hubs, and factors that affect the industry’s workforce needs. This information will help economic developers and industry professionals plan for the ever-changing landscape in an industry that is increasingly disrupted by technology.
The Finance and Business Services sector includes businesses related to the financial transactions of consumers and between businesses, along with key professional service industries that serve the finance industry and include: