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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

Billions of Chained 2012 Dollars

Compound Annual Rate of Change

Billions of Dollars

Percent Distribution

2008

2018

2028

2008 - 2018

2018 - 2028

2008

2018

2028

2008

2018

2028

Total

28,909.5

33,241.9

40,045.3

1.4

1.9

27,060.8

36,100.9

50,247.4

100.0

100.0

100.0

 

Goods-producing, excluding agriculture

7,825.2

8,209.2

9,624.1

0.5

1.6

7,405.0

8,303.1

11,880.8

27.4

23.0

23.6

Mining

507.9

606.6

844.2

1.8

3.4

614.0

512.0

1,159.4

2.3

1.4

2.3

Construction

1,329.0

1,427.3

1,581.1

0.7

1.0

1,275.8

1,635.8

2,202.3

4.7

4.5

4.4

Manufacturing

5,989.2

6,134.0

7,164.9

0.2

1.6

5,515.2

6,155.4

8,519.1

20.4

17.1

17.0

 

Service-providing excluding special industries

19,377.0

22,972.9

28,052.4

1.7

2.0

18,068.5

25,567.5

35,353.1

66.8

70.8

70.4

Utilities

514.0

464.2

525.5

-1.0

1.2

524.9

498.4

697.4

1.9

1.4

1.4

Wholesale trade

1,470.4

1,845.9

2,405.8

2.3

2.7

1,327.1

1,980.3

2,890.9

4.9

5.5

5.8

Retail trade

1,357.2

1,784.8

2,190.9

2.8

2.1

1,277.2

1,869.8

2,583.6

4.7

5.2

5.1

Transportation and warehousing

1,063.0

1,060.9

1,262.9

0.0

1.8

906.8

1,186.4

1,661.1

3.4

3.3

3.3

Information

1,267.6

1,834.0

2,423.5

3.8

2.8

1,254.9

1,832.1

2,518.4

4.6

5.1

5.0

Financial activities

3,714.1

4,233.6

5,295.4

1.3

2.3

3,500.6

5,138.6

6,978.5

12.9

14.2

13.9

Professional and business services

2,879.9

3,599.7

4,423.1

2.3

2.1

2,750.9

4,012.9

5,626.9

10.2

11.1

11.2

Educational services

311.8

305.4

346.2

-0.2

1.3

257.3

365.7

480.2

1.0

1.0

1.0

Health care and social assistance

1,788.2

2,359.7

3,134.8

2.8

2.9

1,643.5

2,537.0

3,837.0

6.1

7.0

7.6

Leisure and hospitality

1,058.6

1,308.1

1,583.1

2.1

1.9

978.4

1,473.2

2,120.7

3.6

4.1

4.2

Other services

605.0

637.3

749.9

0.5

1.6

553.8

726.3

1,010.2

2.0

2.0

2.0

Federal government

1,074.5

1,113.9

1,098.8

0.4

-0.1

1,004.6

1,210.2

1,403.9

3.7

3.4

2.8

State and local government

2,278.8

2,445.0

2,685.5

0.7

0.9

2,088.4

2,736.7

3,544.3

7.7

7.6

7.1

 

Agriculture, forestry, fishing, and hunting

447.9

509.9

612.7

1.3

1.9

379.0

455.6

654.9

1.4

1.3

1.3

Special Industries(1)

1,268.8

1,515.3

1,700.3

1.8

1.2

1,208.3

1,774.7

2,358.5

4.5

4.9

4.7

Residual(2)

-9.4

34.6

55.7

.

.

.

.

.

.

.

.

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.

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Last Modified Date: September 4, 2019