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Employment Projections

Output by major industry sector

Other available formats: (XLSX)

Table 2.2 Output by major industry sector (Output in billions of chained 2017 dollars)
Industry sector 2022 NAICS Output, 2014 Output, 2024 Output, 2034 Compound annual rate of change, 2014–24 Compound annual rate of change, 2024–34 Percent distribution, 2014 Percent distribution, 2024 Percent distribution, 2034

Total, all industries

32,313.3 40,174.8 48,622.4 2.2 1.9 100.0 100.0 100.0

Agriculture, forestry, fishing, and hunting

11 416.1 447.9 538.8 0.7 1.9 1.3 1.1 1.1

Mining, quarrying, and oil and gas extraction

21 561.9 564.6 634.5 0.0 1.2 1.7 1.4 1.3

Utilities

22 502.1 507.1 602.2 0.1 1.7 1.6 1.3 1.2

Construction

23 1,349.5 1,720.9 1,874.7 2.5 0.9 4.2 4.3 3.9

Manufacturing

31, 32, 33 5,700.4 5,696.8 6,486.2 0.0 1.3 17.6 14.2 13.3

Wholesale trade

42 1,921.4 2,177.5 2,833.4 1.3 2.7 5.9 5.4 5.8

Retail trade

44, 45 1,584.6 2,210.7 2,795.2 3.4 2.4 4.9 5.5 5.7

Transportation and warehousing

48, 492, 493 1,131.5 1,382.0 1,720.3 2.0 2.2 3.5 3.4 3.5

Information

51 1,473.4 2,565.5 3,565.6 5.7 3.3 4.6 6.4 7.3

Finance and insurance

52 2,725.3 3,139.5 3,825.4 1.4 2.0 8.4 7.8 7.9

Real estate and rental and leasing

53 1,947.9 2,818.5 3,433.3 3.8 2.0 6.0 7.0 7.1

Professional, scientific, and technical services

54 1,980.5 3,093.9 3,880.7 4.6 2.3 6.1 7.7 8.0

Management of companies and enterprises

55 525.1 793.6 1,012.1 4.2 2.5 1.6 2.0 2.1

Administrative and support and waste management and remediation services

56 901.5 1,238.1 1,548.7 3.2 2.3 2.8 3.1 3.2

Educational services; private

61 350.1 412.5 475.5 1.7 1.4 1.1 1.0 1.0

Healthcare and social assistance; private

62 2,142.0 2,963.2 3,898.4 3.3 2.8 6.6 7.4 8.0

Arts, entertainment, and recreation

71 314.5 439.4 545.7 3.4 2.2 1.0 1.1 1.1

Accommodation and food services

72 997.3 1,303.7 1,639.9 2.7 2.3 3.1 3.2 3.4

Other services (except public administration)

81 664.5 786.2 962.5 1.7 2.0 2.1 2.0 2.0

Federal government

1,127.8 1,278.1 1,325.2 1.3 0.4 3.5 3.2 2.7

State and local government

2,471.8 2,972.1 3,173.5 1.9 0.7 7.6 7.4 6.5

Non-employment industries

1,527.2 1,764.0 2,192.1 1.5 2.2 4.7 4.4 4.5

Note: 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: August 28, 2025