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Employment Projections

Output by major industry sector

Other available formats: (XLSX)

Table 2.2 Output by major industry sector

Industry Sector

2022 NAICS

Output, 2012, (billions of chained 2012 dollars)

Output, 2022, (billions of chained 2012 dollars)

Output, 2032, (billions of chained 2012 dollars)

Compound annual rate of change, 2012–22

Compound annual rate of change, 2022–32

Output, 2012 (billions of dollars)

Output, 2022 (billions of dollars)

Output, 2032 (billions of dollars)

Percent distribution, 2012

Percent distribution, 2022

Percent distribution, 2032

All industries

NA

29,222.8

35,856.2

42,963.9

2.1

1.8

29,222.8

45,268.9

63,353.0

100.0

100.0

100.0

 

Goods-producing excluding agriculture

21, 23, 31-33

7,460.7

7,700.0

8,563.1

0.3

1.1

7,460.7

9,749.6

11,694.4

25.5

21.5

18.5

Mining

21

613.5

638.0

826.8

0.4

2.6

613.5

776.5

846.1

2.1

1.7

1.3

Construction

23

1,074.6

1,329.4

1,470.5

2.2

1.0

1,074.6

2,075.8

2,646.0

3.7

4.6

4.2

Manufacturing

31-33

5,772.7

5,676.9

6,220.8

-0.2

0.9

5,772.7

6,897.3

8,202.4

19.8

15.2

12.9

 

Service-providing excluding special industries

NA

19,990.2

26,094.9

32,035.4

2.7

2.1

19,990.2

32,987.6

47,947.8

68.4

72.9

75.7

Utilities

22

461.5

505.2

541.3

0.9

0.7

461.5

724.9

822.8

1.6

1.6

1.3

Wholesale trade

42

1,655.0

2,074.8

2,609.3

2.3

2.3

1,655.0

2,696.0

3,881.3

5.7

6.0

6.1

Retail trade

44-45

1,403.7

1,993.9

2,600.0

3.6

2.7

1,403.7

2,568.0

3,578.2

4.8

5.7

5.6

Transportation and warehousing

48, 492, 493

1,006.5

1,343.2

1,669.0

2.9

2.2

1,006.5

1,744.1

2,494.9

3.4

3.9

3.9

Information

51

1,382.5

2,428.6

3,352.0

5.8

3.3

1,382.5

2,469.8

3,359.0

4.7

5.5

5.3

Financial activities

52, 53

3,747.1

4,766.2

5,673.8

2.4

1.8

3,747.1

6,397.9

10,425.3

12.8

14.1

16.5

Professional and business services

54, 55, 56

3,009.0

4,614.8

5,894.2

4.4

2.5

3,009.0

5,431.6

7,840.6

10.3

12.0

12.4

Education services

61

309.6

339.2

388.0

0.9

1.4

309.6

434.6

599.5

1.1

1.0

0.9

Health care and social assistance

62

1,956.4

2,442.7

3,198.2

2.2

2.7

1,956.4

2,977.6

4,653.1

6.7

6.6

7.3

Leisure and hospitality

71, 72

1,093.4

1,406.0

1,717.7

2.5

2.0

1,093.4

1,900.0

2,816.6

3.7

4.2

4.4

Other services

81

576.2

620.6

732.7

0.7

1.7

576.2

839.8

1,205.9

2.0

1.9

1.9

Federal government

NA

1,144.0

1,177.7

1,233.0

0.3

0.5

1,144.0

1,446.4

1,809.1

3.9

3.2

2.9

State and local government

NA

2,245.4

2,496.3

2,755.9

1.1

1.0

2,245.4

3,356.9

4,461.6

7.7

7.4

7.0

 

Agriculture, forestry, fishing, and hunting

11

451.1

510.3

547.7

1.2

0.7

451.1

583.1

663.8

1.5

1.3

1.0

Special industries(1)

NA

1,320.8

1,422.0

1,641.2

0.7

1.4

1,320.8

1,948.6

3,047.0

4.5

4.3

4.8

Residual(2)

0.0

129.0

176.5

Footnotes:
  (1) Consists of nonproducing accounting categories to reconcile the input-output system with NIPA accounts.
  (2) Residual is shown for the first level only. Subcategories do not necessarily add to higher categories as a by product of chain-weighting.
Source: Employment Projections program, U.S. Bureau of Labor Statistics

Last Modified Date: September 6, 2023