<ARTICLE>                     5
<LEGEND>
  THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE HAGLER
 BAILLY, INC. UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS FOR THE NINE MONTHS
  ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
                              FINANCIAL STATEMENTS
</LEGEND>
       


                             
<PERIOD-TYPE>                                  9-MOS
<FISCAL-YEAR-END>                              DEC-31-1997
<PERIOD-START>                                 JAN-01-1997
<PERIOD-END>                                   SEP-30-1997
<CASH>                                         22,273,134
<SECURITIES>                                   0
<RECEIVABLES>                                  50,142,401
<ALLOWANCES>                                   2,346,998
<INVENTORY>                                    0
<CURRENT-ASSETS>                               73,784,227
<PP&E>                                         15,285,362
<DEPRECIATION>                                 10,375,245
<TOTAL-ASSETS>                                 86,979,440
<CURRENT-LIABILITIES>                          39,600,627
<BONDS>                                        0
<PREFERRED-MANDATORY>                          0
<PREFERRED>                                    0
<COMMON>                                       148,144
<OTHER-SE>                                     46,613,808
<TOTAL-LIABILITY-AND-EQUITY>                   86,979,440
<SALES>                                        121,361,824
<TOTAL-REVENUES>                               121,361,824
<CGS>                                          92,647,211
<TOTAL-COSTS>                                  92,647,211
<OTHER-EXPENSES>                               0
<LOSS-PROVISION>                               0
<INTEREST-EXPENSE>                             922,270
<INCOME-PRETAX>                                9,643,771
<INCOME-TAX>                                   3,992,671
<INCOME-CONTINUING>                            5,651,100
<DISCONTINUED>                                 0
<EXTRAORDINARY>                                760,652
<CHANGES>                                      0
<NET-INCOME>                                   6,411,752
<EPS-PRIMARY>                                  0.50
<EPS-DILUTED>                                  0.47