Industries with the largest output growth and declines

This table also can be found in the article, "Industry employment and output projections to 2024," published in the December 2015 Monthly Labor Review.

Other available formats: (XLSX)

Table 2.6 Industries with the Largest Output Growth and Declines

Industry Description

Sector

2012 NAICS

Billions of Chained 2009 Dollars

Change

Compound Annual Rate of Change

2014

2024

2014–24

2014–24

Largest Growth

Wholesale trade

Wholesale trade

42

1,362.9

1,754.4

391.5

2.6

Real estate

Financial activities

531

1,387.5

1,750.3

362.8

2.3

Construction

Construction

23

1,031.1

1,357.3

326.2

2.8

Retail, except motor vehicle and parts dealers, food and beverage stores, and general merchandise stores

Retail trade

442-444, 446-448, 451, 453-454

797.2

1,060.7

263.5

2.9

Hospitals; private

Health care and social assistance

622

682.2

920.6

238.4

3.0

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

550.2

753.0

202.8

3.2

Petroleum and coal products manufacturing

Manufacturing

324

515.9

689.9

174.0

2.9

Offices of physicians

Health care and social assistance

6211

431.2

589.9

158.7

3.2

Securities, commodity contracts, and other financial investments and related activities

Financial activities

523

403.1

561.1

158.0

3.4

State and Local government except compensation and consumption of fixed capital

State and local government

NA

592.2

743.0

150.8

2.3

Wireless telecommunications carriers (except satellite)

Information

5172

288.8

433.7

144.9

4.2

Food services and drinking places

Leisure and hospitality

722

579.6

708.6

129.0

2.0

Computer systems design and related services

Professional and business services

5415

350.8

470.0

119.2

3.0

Management of companies and enterprises

Professional and business services

55

486.5

604.5

118.0

2.2

Software publishers

Information

5112

195.2

308.5

113.3

4.7

Insurance carriers

Financial activities

5241

545.1

650.0

104.9

1.8

Architectural, engineering, and related services

Professional and business services

5413

299.0

387.2

88.2

2.6

Motor vehicle and parts dealers

Retail trade

441

242.5

317.8

75.3

2.7

Food and beverage stores

Retail trade

445

199.8

264.2

64.5

2.8

Truck transportation

Transportation and warehousing

484

278.3

342.1

63.8

2.1

Largest Declines

Federal defense government compensation

Federal government

NA

220.5

212.0

-8.5

-0.4

Federal defense government consumption of fixed capital

Federal government

NA

154.8

148.8

-6.0

-0.4

Tobacco manufacturing

Manufacturing

3122

50.0

44.6

-5.3

-1.1

Postal service

Federal government

NA

61.7

57.2

-4.6

-0.8

Federal non-defense government compensation

Federal government

NA

148.0

144.7

-3.3

-0.2

Federal non-defense government consumption of fixed capital

Federal government

NA

95.1

93.0

-2.1

-0.2

Federal defense government except compensation and consumption of fixed capital

Federal government

NA

221.5

220.9

-0.6

0.0

Source: Employment Projections program, U.S. Bureau of Labor Statistics

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Last Modified Date: December 8, 2015