Industries with the largest output growth and declines

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Table 2.6 Industries with the largest output growth and declines, 2016–26

Industry Description

Sector

2012 NAICS

Billions of Chained 2009 Dollars

Change

Compound Annual Rate of Change

2016

2026

2016–26

2016–26

Largest Growth

Wholesale trade

Wholesale trade

42

1,417.1

1,825.7

408.6

2.6

Construction

Construction

23

1,234.8

1,614.4

379.5

2.7

Real estate

Financial activities

531

1,357.5

1,716.8

359.3

2.4

All other retail

Retail trade

442-4, 446-8, 451, 453-4

855.1

1,138.6

283.5

2.9

Hospitals

Health care and social assistance

622

710.4

973.6

263.2

3.2

Offices of physicians

Health care and social assistance

6211

481.7

689.4

207.8

3.7

Petroleum and coal products manufacturing

Manufacturing

324

595.0

760.8

165.8

2.5

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

505.9

663.7

157.9

2.8

Securities, commodity contracts, fund, trusts and other financial investments and vehicles and related activities

Financial activities

523, 525

446.6

574.6

128.0

2.6

Oil and gas extraction

Mining

211

355.1

483.1

128.0

3.1

Computer systems design and related services

Professional and business services

5415

356.4

481.5

125.1

3.1

Software publishers

Information

5112

225.0

339.5

114.4

4.2

Insurance carriers

Financial activities

5241

558.9

671.4

112.6

1.9

Wireless telecommunications carriers (except satellite)

Information

5172

324.1

435.0

111.0

3.0

Management of companies and enterprises

Professional and business services

55

454.1

562.4

108.4

2.2

Food services and drinking places

Leisure and hospitality

722

619.4

722.3

102.9

1.5

Architectural, engineering, and related services

Professional and business services

5413

258.7

339.4

80.7

2.8

State and Local government except compensation and consumption of fixed capital

State and local government

NA

558.0

637.3

79.2

1.3

Employment services

Professional and business services

5613

261.5

337.0

75.4

2.6

Wired telecommunications carriers

Information

5171

339.6

414.6

75.1

2.0

Largest Declines

Federal defense government compensation

Federal government

NA

215.1

202.6

-12.6

-0.6

Postal Service

Federal government

491

58.7

49.5

-9.2

-1.7

Federal defense government consumption of fixed capital

Federal government

NA

145.2

136.7

-8.5

-0.6

Newspaper, periodical, book, and directory publishers

Information

5111

99.0

90.7

-8.3

-0.9

Federal defense government except compensation and consumption of fixed capital

Federal government

NA

230.3

223.1

-7.3

-0.3

Tobacco manufacturing

Manufacturing

3122

35.6

30.9

-4.7

-1.4

Textile mills and textile product mills

Manufacturing

313, 314

48.7

44.2

-4.5

-1.0

Apparel, leather and allied product manufacturing

Manufacturing

315, 316

29.7

28.3

-1.4

-0.5

Hardware manufacturing

Manufacturing

3325

7.4

7.3

-0.1

-0.1

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

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Last Modified Date: October 24, 2017