In 2024, the finance, insurance, real estate, rental, and leasing industry contributed the highest amount of value to the GDP of the U.S. at 21.2 percent. The construction industry contributed around four percent of GDP in the same year.

In 2024, 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 6.2 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.

United States GDP: PI: Manufacturing: DG: Primary Metal Industries data was reported at 55.225 USD bn in 1997. This records an increase from the previous number of 52.553 USD bn for 1996. United States GDP: PI: Manufacturing: DG: Primary Metal Industries data is updated yearly, averaging 21.342 USD bn from Dec 1947 (Median) to 1997, with 51 observations. The data reached an all-time high of 55.225 USD bn in 1997 and a record low of 5.584 USD bn in 1947. United States GDP: PI: Manufacturing: DG: Primary Metal Industries data remains active status in CEIC and is reported by Bureau of Economic Analysis. The data is categorized under Global Database’s USA – Table US.A207: NIPA 1995: GDP by Industry: Current Price.

This graph shows the GDP of the Los Angeles metro area in 2022, by industry. In 2022, its GDP amounted to about **** trillion U.S. dollars. About **** 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 *** 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 ***** trillion to Los Angeles’ *** billion USD in 2011. Chicago metro area ranked third with GMP of *** billion U.S. dollars. Washington metro area ranked fourth with *** 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 ****** U.S. dollars annually in 2013. This was lower than the median household income of the United States in 2013, which came in at ****** 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 *** films in 2011, many of them produced by Hollywood-based studios. In 2012, movie ticket sales in North America generated over **** billion U.S. dollars in box office revenue. Famous Hollywood actresses earn millions annually, with the best paid, Angelina Jolie, earning ** million U.S. dollars between ********* and *********. Second on the list was Jennifer Lawrence with earnings of ** million U.S. dollars.

United States US: Aerospace Industry: Trade Balance data was reported at 48.890 USD bn in 2021. This records an increase from the previous number of 37.029 USD bn for 2020. United States US: Aerospace Industry: Trade Balance data is updated yearly, averaging 39.437 USD bn from Dec 1990 (Median) to 2021, with 32 observations. The data reached an all-time high of 86.993 USD bn in 2016 and a record low of 20.681 USD bn in 1995. United States US: Aerospace Industry: Trade Balance data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Trade Statistics: OECD Member: Annual.

For the United States, from 2021 onwards, changes to the US BERD survey questionnaire allowed for more exhaustive identification of acquisition costs for ‘identifiable intangible assets’ used for R&D. This has resulted in a substantial increase in reported R&D capital expenditure within BERD. In the business sector, the funds from the rest of the world previously included in the business-financed BERD, are available separately from 2008. From 2006 onwards, GOVERD includes state government intramural performance (most of which being financed by the federal government and state government own funds). From 2016 onwards, PNPERD data are based on a new R&D performer survey. In the higher education sector all fields of SSH are included from 2003 onwards.

Following a survey of federally-funded research and development centers (FFRDCs) in 2005, it was concluded that FFRDC R&D belongs in the government sector - rather than the sector of the FFRDC administrator, as had been reported in the past. R&D expenditures by FFRDCs were reclassified from the other three R&D performing sectors to the Government sector; previously published data were revised accordingly. Between 2003 and 2004, the method used to classify data by industry has been revised. This particularly affects the ISIC category “wholesale trade” and consequently the BERD for total services.

U.S. R&D data are generally comparable, but there are some areas of underestimation:

1. i) Up to 2008, Government sector R&D performance covers only federal government activities. That by State and local government establishments is excluded;
2. ii) Except for the Government and the Business Enterprise sectors, the R&D data exclude most capital expenditures. For the Business Enterprise sector, depreciation is reported in place of gross capital expenditures up to 2014. Higher education (and national total) data were revised back to 1998 due to an improved methodology that corrects for double-counting of R&D funds passed between institutions.

Breakdown by type of R&D (basic research, applied research, etc.) was also revised back to 1998 in the business enterprise and higher education sectors due to improved estimation procedures.

The methodology for estimating researchers was changed as of 1985. In the Government, Higher Education and PNP sectors the data since then refer to employed doctoral scientists and engineers who report their primary work activity as research, development or the management of R&D, plus, for the Higher Education sector, the number of full-time equivalent graduate students with research assistantships averaging an estimated 50 % of their time engaged in R&D activities. As of 1985 researchers in the Government sector exclude military personnel. As of 1987, Higher education R&D personnel also include those who report their primary work activity as design.

Due to lack of official data for the different employment sectors, the total researchers figure is an OECD estimate up to 2019. Comprehensive reporting of R&D personnel statistics by the United States has resumed with records available since 2020, reflecting the addition of official figures for the number of researchers and total R&D personnel for the higher education sector and the Private non-profit sector; as well as the number of researchers for the government sector. The new data revise downwards previous OECD estimates as the OECD extrapolation methods drawing on historical US data, required to produce a consistent OECD aggregate, appear to have previously overestimated the growth in the number of researchers in the higher education sector.

Pre-production development is excluded from Defence GBARD (in accordance with the Frascati Manual) as of 2000. 2009 GBARD data also includes the one time incremental R&D funding legislated in the American Recovery and Reinvestment Act of 2009. Beginning with the 2000 GBARD data, budgets for capital expenditure – “R&D plant” in national terminology - are included. GBARD data for earlier years relate to budgets for current costs only.

Graph and download economic data for Gross Domestic Product: Private Services-Providing Industries in Major County, OK (GDPSERV40093) from 2001 to 2023 about Major County, OK; services-providing; OK; private; industry; GDP; and USA.

Graph and download economic data for Employment for Manufacturing: Primary Metal Manufacturing (NAICS 331) in the United States (IPUEN331W201000000) from 1988 to 2024 about primary metals, primary, NAICS, metals, IP, manufacturing, employment, and USA.

United States US: GDP: % of Manufacturing: Medium and High Tech Industry data was reported at 41.166 % in 2015. This stayed constant from the previous number of 41.166 % for 2014. United States US: GDP: % of Manufacturing: Medium and High Tech Industry data is updated yearly, averaging 49.199 % from Dec 1990 (Median) to 2015, with 26 observations. The data reached an all-time high of 51.786 % in 1998 and a record low of 38.398 % in 1996. United States US: GDP: % of Manufacturing: Medium and High Tech Industry data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s USA – Table US.World Bank: Gross Domestic Product: Share of GDP. The proportion of medium and high-tech industry value added in total value added of manufacturing; ; United Nations Industrial Development Organization (UNIDO), Competitive Industrial Performance (CIP) database; ;

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.

United States - Gross Output by Industry: All Industries was 52046.00000 Bil. of $ in January of 2025, according to the United States Federal Reserve. Historically, United States - Gross Output by Industry: All Industries reached a record high of 52046.00000 in January of 2025 and a record low of 22836.80000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Gross Output by Industry: All Industries - last updated from the United States Federal Reserve on August of 2025.

United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data was reported at 17.169 Per 1000 in 2020. This records an increase from the previous number of 15.152 Per 1000 for 2019. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data is updated yearly, averaging 13.282 Per 1000 from Dec 2011 (Median) to 2020, with 10 observations. The data reached an all-time high of 17.169 Per 1000 in 2020 and a record low of 12.478 Per 1000 in 2012. United States US: Total Business Enterprise R&D Personnel: Per Thousand Employment In Industry data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s United States – Table US.OECD.MSTI: Number of Researchers and Personnel on Research and Development: OECD Member: Annual.

Definition of MSTI variables 'Value Added of Industry' and 'Industrial Employment':

R&D data are typically expressed as a percentage of GDP to allow cross-country comparisons. When compiling such indicators for the business enterprise sector, one may wish to exclude, from GDP measures, economic activities for which the Business R&D (BERD) is null or negligible by definition. By doing so, the adjusted denominator (GDP, or Value Added, excluding non-relevant industries) better correspond to the numerator (BERD) with which it is compared to.

The MSTI variable 'Value added in industry' is used to this end:

It is calculated as the total Gross Value Added (GVA) excluding 'real estate activities' (ISIC rev.4 68) where the 'imputed rent of owner-occupied dwellings', specific to the framework of the System of National Accounts, represents a significant share of total GVA and has no R&D counterpart. Moreover, the R&D performed by the community, social and personal services is mainly driven by R&D performers other than businesses.

Consequently, the following service industries are also excluded: ISIC rev.4 84 to 88 and 97 to 98. GVA data are presented at basic prices except for the People's Republic of China, Japan and New Zealand (expressed at producers' prices).In the same way, some indicators on R&D personnel in the business sector are expressed as a percentage of industrial employment. The latter corresponds to total employment excluding ISIC rev.4 68, 84 to 88 and 97 to 98.

The Gross Domestic Product (GDP) in the United States was worth 29184.89 billion US dollars in 2024, according to official data from the World Bank. The GDP value of the United States represents 27.49 percent of the world economy. This dataset provides - United States GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Infra-Annual Labor Statistics: Employment: Economic Activity: Industry (Including Construction): Total for United States (LFEAICTTUSM647N) from Jan 1967 to Jul 2025 about construction, employment, industry, and USA.

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

Graph and download economic data for Number of Private Establishments for All Industries in Major County, OK (ENU4009320510) from Q1 1990 to Q4 2024 about Major County, OK; OK; establishments; private industries; private; industry; and USA.

United States - Intermediate Inputs by Industry: All Industries was 21730.40000 Bil. of $ in October of 2024, according to the United States Federal Reserve. Historically, United States - Intermediate Inputs by Industry: All Industries reached a record high of 21730.40000 in October of 2024 and a record low of 10069.50000 in January of 2005. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Intermediate Inputs by Industry: All Industries - last updated from the United States Federal Reserve on July of 2025.

About this dataset

Context

The dataset presents the the household distribution across 16 income brackets among four distinct age groups in Industry: Under 25 years, 25-44 years, 45-64 years, and over 65 years. The dataset highlights the variation in household income, offering valuable insights into economic trends and disparities within different age categories, aiding in data analysis and decision-making..

Key observations

• Upon closer examination of the distribution of households among age brackets, it reveals that there are 0 households where the householder is under 25 years old, 18(15.52%) households with a householder aged between 25 and 44 years, 74(63.79%) households with a householder aged between 45 and 64 years, and 24(20.69%) households where the householder is over 65 years old.
• The age group of 65 years and over exhibits the highest median household income, while the largest number of households falls within the 45 to 64 years bracket. This distribution hints at economic disparities within the city of Industry, showcasing varying income levels among different age demographics.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates.

Income brackets:

• Less than $10,000
• $10,000 to $14,999
• $15,000 to $19,999
• $20,000 to $24,999
• $25,000 to $29,999
• $30,000 to $34,999
• $35,000 to $39,999
• $40,000 to $44,999
• $45,000 to $49,999
• $50,000 to $59,999
• $60,000 to $74,999
• $75,000 to $99,999
• $100,000 to $124,999
• $125,000 to $149,999
• $150,000 to $199,999
• $200,000 or more

Variables / Data Columns

• Household Income: This column showcases 16 income brackets ranging from Under $10,000 to $200,000+ ( As mentioned above).
• Under 25 years: The count of households led by a head of household under 25 years old with income within a specified income bracket.
• 25 to 44 years: The count of households led by a head of household 25 to 44 years old with income within a specified income bracket.
• 45 to 64 years: The count of households led by a head of household 45 to 64 years old with income within a specified income bracket.
• 65 years and over: The count of households led by a head of household 65 years and over old with income within a specified income bracket.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Industry median household income by age. You can refer the same here

United States PPI: Svcs: SC: NC: CF: Primary Services (PS) data was reported at 284.948 Dec1994=100 in Apr 2025. This records an increase from the previous number of 284.308 Dec1994=100 for Mar 2025. United States PPI: Svcs: SC: NC: CF: Primary Services (PS) data is updated monthly, averaging 190.600 Dec1994=100 from Dec 1994 (Median) to Apr 2025, with 365 observations. The data reached an all-time high of 284.948 Dec1994=100 in Apr 2025 and a record low of 100.000 Dec1994=100 in Dec 1994. United States PPI: Svcs: SC: NC: CF: Primary Services (PS) data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I: Producer Price Index: by Industry: Services: Selected Health Care Industries.

United States Mfg Ind: sa: Inventories: MS: DG: Primary Metals data was reported at 12.497 USD bn in May 2018. This records an increase from the previous number of 12.406 USD bn for Apr 2018. United States Mfg Ind: sa: Inventories: MS: DG: Primary Metals data is updated monthly, averaging 9.702 USD bn from Jan 1992 (Median) to May 2018, with 317 observations. The data reached an all-time high of 15.299 USD bn in Nov 2008 and a record low of 5.102 USD bn in Jan 1992. United States Mfg Ind: sa: Inventories: MS: DG: Primary Metals data remains active status in CEIC and is reported by US Census Bureau. The data is categorized under Global Database’s USA – Table US.C004: Manufacturing Industries: By NAIC System: Inventories: sa.

United States PPI: Svcs: SC: HS: PA: Primary Services (PS) data was reported at 204.754 Dec1992=100 in Apr 2025. This stayed constant from the previous number of 204.754 Dec1992=100 for Mar 2025. United States PPI: Svcs: SC: HS: PA: Primary Services (PS) data is updated monthly, averaging 135.400 Dec1992=100 from Dec 1992 (Median) to Apr 2025, with 389 observations. The data reached an all-time high of 204.754 Dec1992=100 in Apr 2025 and a record low of 100.000 Dec1992=100 in Dec 1992. United States PPI: Svcs: SC: HS: PA: Primary Services (PS) data remains active status in CEIC and is reported by U.S. Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.I: Producer Price Index: by Industry: Services: Selected Health Care Industries.