Between 2019 and 2023, oil and gas explorers and producers logged the highest total revenue worldwide, reaching 5.3 trillion U.S. dollars. Life and health insurance carriers followed behind.

In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 20.7 percent. The construction industry contributed around four percent of GDP in the same year.

In 2023, the education and health services industry employed the largest number of people in the United States. That year, about 36,4 million people were employed in the education and health services industry.

Education and Health Services Industry

Despite being one of the wealthiest nations in the world, the United States has started to fall behind in both education and the health care industry. Although the U.S. spends the most money in both these industries, they do not see their desired results in comparison to other nations. Furthermore, in the education services industry, there was a relatively significant wage gap between men and women. In 2019, men earned about 1,070 U.S. dollars per week on average, while their female counterparts only earned 773 U.S. dollars per week.

Employment in the U.S.

The 2008 financial crisis was a large-scale event that impacted the entire world, especially the United States. The economy started to improve after 2010, and the number of people employed in the United States has been steadily increasing since then. However, the number of people employed in the education sector is expected to slowly decrease until 2026. The overall unemployment rate in the United States has decreased since 2010 as well.

In 2023, the GDP of Rhode Island totaled around 63.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 15.24 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.57 billion U.S. dollars to the state's real GDP.

In 2023, the government and government enterprises industry added the most real value to the gross domestic product (GDP) of the District of Columbia, amounting to around 44.91 billion U.S. dollars. Comparatively, the information industry contributed around 12.89 billion U.S. dollars to the district's real GDP.

This statistic shows the top ten industries of high-growth companies in the United States as of 2016. In 2016, about 13.1 percent of U.S.-based high-growth companies were specialized in information technology services.

As of January 2024, the most profitable industry in the United States was money center banking, with a profit margin of 30.89 percent. The profit margin of the regional banking was not too far off, with a net profit margin of 29.67.

In 2023, the GDP of New Hampshire amounted to around 93.47 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of the state, amounting to 20.36 billion U.S. dollars. Comparatively, the mining, quarrying, and oil and gas extraction industry added around 155 million U.S. dollars worth of value to the state's GDP.

In the wake of COVID-19 and associated lockdowns, businesses in the finance and insurance industry saw a 14 percent increase in revenues when comparing the revenues generated between April 2020 to March 2021 with revenues generated between April 2019 to March 2020. Industries that saw the greatest loss in revenue during this time period can be found here.

In 2023, the mining, quarrying, and oil and gas extraction industry added five billion chained 2017 U.S. dollars of value to the gross domestic product (GDP) of Ohio. In that same year, the manufacturing industry added 106 billion chained 2017 U.S. dollars to the state GDP.

In 2023, the GDP of North Dakota amounted to around 60.35 billion U.S. dollars. The mining, quarrying, and oil and gas extraction industry added the most real value to the gross domestic product of the state, totaling around 10.63 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.32 U.S. dollars of value to the state's real GDP.

In 2023, the GDP of Utah totaled around 225.46 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic (GDP) product of the state, amounting to around 47.4 billion U.S. dollars. Comparatively, the construction industry contributed around 14.83 billion U.S. dollars of value to the state's GDP.

The gross domestic product (GDP) of North Carolina in 2023 was around 638 billion U.S. dollars. In the same year, the construction industry added around 25.6 billion chained 2017 U.S. dollars of value to the state GDP.

In 2023, the GDP of New Mexico amounted to around 110.32 billion U.S. dollars. The government and government enterprises industry added the most real value to the gross domestic product of the state, amounting to around 24.72 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.2 billion U.S. dollars worth of value to the state's real GDP.

In 2023, the mining, quarrying, and oil and gas extraction industry added about 730 million chained 2017 U.S. dollars of value to New York's GDP. Total real GDP amounted to about 1.79 trillion chained 2017 U.S. dollars. In 2023, the per capita personal income in New York was 82,323 current U.S. dollars.

By the year 2033, it is projected that the number of employees working in services for the elderly and persons with disabilities around 613,700 employees. Additionally, the computer systems design and related services workforce is expected to grow by around 487,600 workers.

In 2023, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP of the United States. In that year, this industry added 5.66 trillion U.S. dollars to the national GDP.

Gross Domestic Product

Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it is not a good measure of the standard of living. GDP per capita at purchasing power parity is thought to be more reflective of living conditions within a particular country.

U.S. GDP

California added the largest amount of value to the real GDP of the U.S. in 2022. California was followed by Texas and New York. In California, the professional and business services industry was the most valuable to GDP in 2022. In New York, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2021, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2021.

In 2023, the finance, insurance, real estate, rental, and leasing industry contributed the greatest real value to the gross domestic product of Wisconsin at 67.83 billion U.S. dollars. In the same year, the manufacturing industry added 55.09 billion chained 2017 U.S. dollars of value to the state GDP.

In 2023, the GDP of South Dakota totaled around 57.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 13.81 billion U.S. dollars. Comparatively, the construction industry contributed around 2.23 billion U.S. dollars of value to the state's real GDP.

This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about 1.06 trillion U.S. dollars. About 99.2 billion U.S. dollars were generated by the manufacturing industry. The overall quarterly GDP growth in the United States can be found here.

Gross domestic product of Los Angeles

With a population of over 3.9 million inhabitants in 2011, Los Angeles is the second largest city in America, following only New York. The Los Angeles metro area also ranked second among U.S. metro areas in terms of gross metropolitan product, second again only to New York City metro area, which came in with a GMP of USD 1.287 trillion to Los Angeles’ 755 billion USD in 2011. Chicago metro area ranked third with GMP of 547 billion U.S. dollars. Washington metro area ranked fourth with 434 billion U.S. dollars in 2011. Additional detailed statistics about GDP and GMP in the United States is available here.

Despite Los Angeles’ high GDP, L.A. did not do as well as some cities in terms of median household income. Los Angeles ranked 11th with a median household income of 48,466 U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at 51,939 U.S. dollars annually.

Located in Southern California, Los Angeles is home to Hollywood, the famous epicenter of the U.S. film and television industries. The United States is one of the leading film markets worldwide, producing 817 films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over 10.8 billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning 33 million U.S. dollars between June 2012 and June 2013. Second on the list was Jennifer Lawrence with earnings of 26 million U.S. dollars.