Forecast: Wages and Salaries in Security, Services to Buildings and Other Business Support Activities in the US

In 2023, wages and salaries in Security, Services to Buildings, and Other Business Support Activities in the US stood at a substantial level, setting the foundation for forecasted growth. From 2024 to 2028, this sector is expected to see a year-on-year increase in wages and salaries, with a cumulative growth rate (CAGR) indicating a steady upward trend. By 2028, the forecasted value suggests a significant increase from 2024, highlighting a strong, consistent growth trajectory in this industry.

Future trends to watch for include:

  • The impact of technological advancements on demand for security and building services.
  • Changes in business support activities due to shifts in the economy and work-from-home policies.
  • The influence of labor market dynamics on wage growth in this sector.

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