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Employment Projections

Industries with the largest output growth

Other available formats: (XLSX)

Table 2.9 Industries with the largest output growth
(Output in billions of chained 2012 dollars)

Industry Description

Sector

2017 NAICS

Output, 2021

Output, 2031

Output change, 2021–31

Compound annual rate of change, 2021–31

Wholesale trade

Wholesale trade

42

2,020.1

2,544.3

524.2

2.3

All other retail

Retail trade

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

1,095.6

1,477.4

381.8

3.0

Real estate

Financial activities

531

1,692.3

2,062.6

370.3

2.0

Hospitals

Health care and social assistance

622

838.1

1,179.9

341.8

3.5

Software publishers

Information

5112

425.6

716.0

290.4

5.3

Computer systems design and related services

Professional and business services

5415

562.7

828.3

265.6

3.9

Offices of physicians

Health care and social assistance

6211

530.7

775.1

244.4

3.9

Management of companies and enterprises

Professional and business services

55

690.9

910.9

220.0

2.8

Construction

Construction

23

1,402.6

1,618.4

215.7

1.4

Insurance carriers

Financial activities

5241

796.8

986.9

190.1

2.2

Oil and gas extraction

Mining

211

569.5

754.9

185.3

2.9

Wireless telecommunications carriers (except satellite)

Information

517312

405.4

564.9

159.5

3.4

Motor vehicle manufacturing

Manufacturing

3361

340.8

498.0

157.1

3.9

Other information services

Information

519

285.9

437.2

151.3

4.3

Employment services

Professional and business services

5613

413.3

556.3

143.0

3.0

Management, scientific, and technical consulting services

Professional and business services

5416

349.5

481.0

131.4

3.2

Food services and drinking places

Leisure and hospitality

722

756.7

884.8

128.1

1.6

Agencies, brokerages, and other insurance related activities

Financial activities

5242

411.6

539.6

128.1

2.7

Data processing, hosting, and related services

Information

518

246.0

373.3

127.3

4.3

Aerospace product and parts manufacturing

Manufacturing

3364

183.7

301.7

118.0

5.1

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

Last Modified Date: September 8, 2022