Industries with the fastest growing and most rapidly declining output

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 Table 2.5 Industries with the fastest growing and most rapidly declining output

Industry Description

Sector

2017 NAICS

Billions of Chained 2012 Dollars

Change

Compound Annual Rate of Change

2018

2028

2018 - 2028

2018 - 2028

Fastest Growing

Software publishers

Information

5112

240.0

410.1

170.1

5.5

Oil and gas extraction

Mining

211

466.0

692.0

226.0

4.0

Computer and peripheral equipment manufacturing, excluding digital camera manufacturing

Manufacturing

3341

42.4

60.0

17.6

3.5

Other information services

Information

519

197.7

279.7

82.0

3.5

Offices of other health practitioners

Health care and social assistance

6213

101.9

141.6

39.7

3.3

Offices of physicians

Health care and social assistance

6211

526.3

722.6

196.3

3.2

Data processing, hosting, and related services

Information

518

205.9

280.3

74.4

3.1

Individual and family services

Health care and social assistance

6241

99.2

134.3

35.1

3.1

Computer systems design and related services

Professional and business services

5415

497.8

671.9

174.1

3.0

Pharmaceutical and medicine manufacturing

Manufacturing

3254

185.3

249.6

64.3

3.0

Motor vehicle manufacturing

Manufacturing

3361

360.0

484.0

124.0

3.0

Hospitals

Health care and social assistance

622

870.7

1,166.0

295.3

3.0

Medical equipment and supplies manufacturing

Manufacturing

3391

99.4

132.9

33.5

2.9

Outpatient care centers

Health care and social assistance

6214

119.3

159.4

40.1

2.9

Wireless telecommunications carriers (except satellite)

Information

517312

358.9

479.2

120.3

2.9

Home health care services

Health care and social assistance

6216

86.3

114.9

28.6

2.9

Medical and diagnostic laboratories

Health care and social assistance

6215

69.3

91.3

22.0

2.8

Museums, historical sites, and similar institutions

Leisure and hospitality

712

17.3

22.8

5.5

2.8

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

667.9

875.4

207.5

2.7

Other ambulatory health care services

Health care and social assistance

6219

38.6

50.5

11.9

2.7

Most Rapidly Declining

Tobacco manufacturing

Manufacturing

3122

47.5

32.9

-14.6

-3.6

Postal Service

Federal government

491

51.5

43.3

-8.2

-1.7

Hardware manufacturing

Manufacturing

3325

7.4

6.4

-1.0

-1.4

Federal non-defense government compensation

Federal government

NA

159.6

154.4

-5.2

-0.3

Federal non-defense government consumption of fixed capital

Federal government

NA

106.5

103.0

-3.5

-0.3

Federal defense government consumption of fixed capital

Federal government

NA

151.1

146.3

-4.9

-0.3

Federal defense government compensation

Federal government

NA

231.4

224.0

-7.4

-0.3

Federal defense government except compensation and consumption of fixed capital

Federal government

NA

249.3

245.5

-3.8

-0.2

State government, other compensation

State and local government

NA

166.8

164.9

-1.9

-0.1

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Last Modified Date: September 4, 2019