The statistic shows the growth rate of the real gross domestic product (GDP) in the United States from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, the growth of the real gross domestic product in the United States was around 2.8 percent compared to the previous year. See U.S. GDP per capita and the US GDP for more information. Real gross domestic product (GDP) of the United States The gross domestic product (GDP) of a country is a crucial economic indicator, representing the market value of the total goods and services produced and offered by a country within a year, thus serving as one of the indicators of a country’s economic state. The real GDP of a country is defined as its gross domestic product adjusted for inflation. An international comparison of economic growth rates has ranked the United States alongside other major global economic players such as China and Russia in terms of real GDP growth. With further growth expected during the course of the coming years, as consumer confidence continues to improve, experts predict that the worst is over for the United States economy. A glance at US real GDP figures reveals an overall increase in growth, with sporadic slips into decline; the last recorded decline took place in Q1 2011. All in all, the economy of the United States can be considered ‘well set’, with exports and imports showing positive results. Apart from this fact, the United States remains one of the world’s leading exporting countries, having been surpassed only by China and tailed by Germany. It is also ranked first among the top global importers. Despite this, recent surveys revealing Americans’ assessments of the U.S. economy have yielded less optimistic results. Interestingly enough, this consensus has been mutual across the social and environmental spectrum. On the other hand, GDP is often used as an indicator for the standard of living in a country – and most Americans seem quite happy with theirs.

This graph shows a forecast of the gross domestic product of the United States of America for fiscal years 2024 to 2034. GDP refers to the market value of all final goods and services produced within a country in a given period. According to the CBO, the United States GDP will increase steadily over the next decade from 28.18 trillion U.S. dollars in 2023 to 41.65 trillion U.S. dollars in 2034. The annual GDP of the United States for recent years can be found here. Also, view the monthly inflation rate for the country.

Bath & Body Works announces cautious financial forecasts due to economic unpredictability and shifts in consumer spending patterns.

The inflation rate in the United States is expected to decrease to 2.1 percent by 2029. 2022 saw a year of exceptionally high inflation, reaching eight percent for the year. The data represents U.S. city averages. The base period was 1982-84. In economics, the inflation rate is a measurement of inflation, the rate of increase of a price index (in this case: consumer price index). It is the percentage rate of change in prices level over time. The rate of decrease in the purchasing power of money is approximately equal. According to the forecast, prices will increase by 2.9 percent in 2024. The annual inflation rate for previous years can be found here and the consumer price index for all urban consumers here. The monthly inflation rate for the United States can also be accessed here. Inflation in the U.S.Inflation is a term used to describe a general rise in the price of goods and services in an economy over a given period of time. Inflation in the United States is calculated using the consumer price index (CPI). The consumer price index is a measure of change in the price level of a preselected market basket of consumer goods and services purchased by households. This forecast of U.S. inflation was prepared by the International Monetary Fund. They project that inflation will stay higher than average throughout 2023, followed by a decrease to around roughly two percent annual rise in the general level of prices until 2028. Considering the annual inflation rate in the United States in 2021, a two percent inflation rate is a very moderate projection. The 2022 spike in inflation in the United States and worldwide is due to a variety of factors that have put constraints on various aspects of the economy. These factors include COVID-19 pandemic spending and supply-chain constraints, disruptions due to the war in Ukraine, and pandemic related changes in the labor force. Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy because it can rapidly diminish the population’s purchasing power and thus damage the GDP .

United States Imports: Machines, n.e.s.o.i in Chapter 90; Profile Project, Pt data was reported at 591.990 USD mn in Jan 2025. This records a decrease from the previous number of 694.847 USD mn for Dec 2024. United States Imports: Machines, n.e.s.o.i in Chapter 90; Profile Project, Pt data is updated monthly, averaging 359.155 USD mn from Jan 2002 (Median) to Jan 2025, with 277 observations. The data reached an all-time high of 694.847 USD mn in Dec 2024 and a record low of 127.320 USD mn in Feb 2002. United States Imports: Machines, n.e.s.o.i in Chapter 90; Profile Project, Pt data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.JA129: Imports: by Commodity: 4 Digit HS Code.

■Purpose and Overview Tamura City, Minamisoma City, Kawamata Town, Hirono Town, Naraha Town, Tomioka Town, Kawauchi Village, Okuma Town, Futaba Town, Namie Town, Katsurao Village and Iitate Village in Fukushima which were subject to evacuation orders due to the accident at TEPCO's Fukushima Daiichi Nuclear Power Station (Hereinafter referred to as "12 municipalities".) In view of the severe business environment in Japan, support for the reconstruction of businesses and relationships is required for the 12 municipalities to become self-reliant. The purpose of this project is to support the reconstruction of 12 municipalities by helping subsidized entity to provide life-related products such as clothing, food, medicine, etc. to the residents of 12 municipalities and to secure transportation means necessary for the provision of wide-area transportation services, and by jointly transporting products necessary for corporate activities 12.

■ Eligibility (1) Essentials You must meet the following requirements: * For consortium-style applications, you must select an organizer and the organizer must submit a business proposal. (However, the organizer cannot entrust all the work to another person.) (1) Must be based in Japan. (2) The Company has the organization, personnel, etc. to perform the Business properly. (3) The applicant has a management base necessary for the smooth execution of the Project and sufficient management capability for funds, etc. (4) The applicant is not subject to suspension of grant issuance, etc. or suspension of designation from the Ministry of Economy, Trade and Industry. (5) To cooperate with the Ministry of Economy, Trade and Industry's efforts on EBPM . () Evidence-Based Policy Making (EBPM) refers to making policy planning based on evidence after clarifying policy objectives, rather than relying on ad hoc anecdotes. The promotion of EBPM, which selects effective policies based on accurate analysis of various statistics given limited budget for grants resources, has been included in the government's Basic Policies for Economic and Fiscal Management and Reform every year since 2017, and is expected to increase in importance going forward. (2) Individuals Eligible for Assistance Individuals who meet the Basics ((1) above) and who: (1) 12 local governments (2) 12 local chambers of commerce, trade associations, shopping district promotion associations, etc. (3) Private companies, health care corporations, social welfare corporations, etc. (3) Individual application requirements, etc. In the public application guidelines, there are specific requirements for businesses (1 - 3. In carrying out (3) (a business to jointly transport products, etc. necessary for corporate activities) of (1) (Business), "jointly" shall be, in principle, persons in 2 or above who fall under the basic matters and the persons eligible for assistance ((1) and (2) above).

■ Geography Within 12 Municipalities * Please contact us in advance if the location of the subsidized project is outside 12 Municipalities.

■ Contact: Kasumigaseki 1 - 3 - 1, Chiyoda-ku, Tokyo 100 -8901 Fukushima Project and Nariwai Reconstruction Support Office, Fukushima Reconstruction Promotion Group, the Ministry of Economy, Trade and Industry Contact: Fujiwara, Ueki Fax: 03-3580-4988

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Economy, PA, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 33,587, while the mean income for the highest quintile (20% of households with the highest income) is 287,506. This indicates that the top earners earn 9 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 474,140, which is 164.91% higher compared to the highest quintile, and 1411.68% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2023 inflation-adjusted dollars for the specific income level.

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 Economy median household income. You can refer the same here

How Tariffs Are Impacting the Economy

Tariffs, particularly on renewable technologies and green infrastructure components, have slowed sustainable project implementation and increased the cost of capital. U.S. tariffs on imported solar panels, batteries, and electric vehicle parts—originally aimed at protecting domestic manufacturers—have led to price hikes of 10–15% on green energy projects, delaying infrastructure deployment.

➤ Discover how our research uncovers business opportunities @ https://market.us/report/sustainable-finance-market/free-sample/

According to the U.S. International Trade Commission, these tariffs have resulted in billions in lost potential investments in climate projects. Additionally, higher import costs undermine investor confidence in large-scale sustainability ventures, discouraging cross-border capital flows and increasing project risks. Tariff-driven inflation and uncertainty have become major headwinds, particularly in emerging markets that rely on foreign tech and capital to build green economies.

Asphalt And Concrete Pump Market Outlook

The global asphalt and concrete pump market size was valued at approximately $4.5 billion in 2023 and is projected to reach around $7.8 billion by 2032, exhibiting a robust CAGR of 6.2% during the forecast period. This growth is primarily fueled by the continuous expansion in the construction industry, coupled with advancements in infrastructure projects worldwide. The increasing urbanization and the demand for efficient and quicker construction methodologies have further propelled the market forward.

One of the significant growth factors in the asphalt and concrete pump market is the surge in infrastructural development initiatives across various regions. Governments are heavily investing in infrastructure projects such as highways, bridges, and airports to boost economic growth. For instance, the U.S. government's infrastructure plan includes a significant allocation for road and bridge repairs, which is expected to drive the demand for asphalt and concrete pumps. Similarly, the Belt and Road Initiative by China is another major project contributing to the market's growth by enhancing connectivity and infrastructure across multiple countries.

Technological advancements in pump machinery have also played a crucial role in the market's growth. Innovations such as high-pressure pumps, remote-controlled systems, and energy-efficient designs are making asphalt and concrete pumps more efficient and easier to operate. These advancements reduce labor costs and construction time, making them highly attractive to construction companies. Moreover, the integration of IoT and AI for predictive maintenance and real-time monitoring is expected to further drive the market by improving operational efficiency and reducing downtime.

Another factor contributing to the market's expansion is the growing trend of urbanization. As more people move to urban areas, the need for residential and commercial buildings increases, thereby boosting the demand for asphalt and concrete pumps. Urbanization also leads to the development of new infrastructure, such as roads, bridges, and public transport systems, which require extensive use of concrete and asphalt. This trend is particularly evident in emerging economies in the Asia Pacific and Latin America, where rapid urbanization is a significant driver for construction activities.

Regionally, the Asia Pacific is expected to dominate the market due to its rapid urbanization and significant investments in infrastructure projects. Countries like China, India, and Japan are witnessing substantial growth in construction activities, which in turn drives the demand for asphalt and concrete pumps. North America and Europe also show promising growth due to their ongoing infrastructure renovation projects and advancements in construction technologies. The Middle East & Africa region is expected to see moderate growth, driven by oil-funded infrastructure projects and economic diversification efforts.

Truck-mounted Concrete Pumps have become an integral part of modern construction projects due to their versatility and efficiency. These pumps are particularly advantageous in urban construction sites where space is limited, as they can be easily maneuvered and set up. The ability to transport and pump concrete directly from the truck reduces the need for additional equipment, streamlining operations and minimizing labor costs. As construction projects continue to grow in complexity, the demand for truck-mounted concrete pumps is expected to rise, driven by their capability to deliver concrete with precision and speed, even in challenging environments.

Product Type Analysis

The asphalt and concrete pump market can be segmented based on product type into truck-mounted pumps, stationary pumps, and specialized pumps. Truck-mounted pumps dominate the market due to their mobility and ease of use. These pumps are mounted on trucks, making them highly versatile and suitable for various construction sites, whether in urban or remote areas. The ability to quickly set up and move to different locations offers significant advantages in large-scale projects like highways and bridges, contributing to their widespread adoption.

Stationary pumps, although less mobile, are essential i

The US commercial office construction market, a significant segment of the broader construction industry, is projected to experience steady growth over the forecast period (2025-2033). While precise figures for the US market within the global $171.26 million (2025) market are unavailable, we can extrapolate based on the global CAGR of 3.51%. Considering the US's significant role in global commercial real estate, a reasonable estimate places the 2025 US market size at approximately $60 billion. This is a substantial market driven by several factors, including ongoing urbanization, increasing demand for modern and sustainable office spaces, and technological advancements leading to improved construction efficiency. Key trends shaping the market include a growing emphasis on sustainable building practices (LEED certifications), the incorporation of smart building technologies, and a shift towards flexible and adaptable workspace designs catering to evolving business needs. However, challenges remain, including fluctuating material costs, labor shortages, and potential economic downturns that could impact investment decisions. The market segmentation, with office buildings as a dominant end-user category, is expected to remain relatively stable, though growth in sectors like tech and flexible workspace may lead to a reallocation of market share within the end-user segments. Growth in the US commercial office construction market will likely be influenced by the overall health of the economy. Strong economic performance usually translates to increased corporate investment in new office spaces and renovations. Conversely, economic uncertainty can lead to project delays or cancellations. The competitive landscape is marked by the presence of major players like Hochteif Construction, Balfour Beatty LLC, and Bechtel Corporation, alongside a number of regional and specialized contractors. These firms are continually adapting to market demands by leveraging technological innovations and focusing on project delivery efficiency to maintain competitiveness. Future growth will depend on continued economic stability, robust investment in infrastructure, and the ongoing adaptation of the industry to technological advancements and sustainability concerns. The forecast period (2025-2033) anticipates a consistent, albeit moderate, growth trajectory, driven by the fundamental demand for commercial office spaces in a dynamic and evolving business environment. Recent developments include: Dec 2022: Global Infrastructure Solutions Inc. (GISI) and Hill International Inc. (NYSE: HIL) announced that their strategic merger had been completed following the completion of final regulatory reviews. This merger expands growth opportunities globally for fee infrastructure consulting markets., May 2022: Hyundai Motor announced in May 2022 that it would break ground on its new facility in Georgia in early 2022, with an annual capacity of 300,000 EV units, with commercial production beginning in the first half of 2025. According to an unnamed auto industry source, Hyundai Motor is considering starting construction later in 2023, with commercial production beginning in the second half of 2024.. Key drivers for this market are: Government Initiatives, Demand for office and retail space. Potential restraints include: Lack of Skilled Labor, Supply chain issues and rising material costs. Notable trends are: The Emergence of Smart Cities is a Key Market Trend.

The US Commercial Office Construction market, a significant segment of the broader commercial construction industry, is projected to experience steady growth over the next decade. With a global market size of $171.26 billion in 2025 and a Compound Annual Growth Rate (CAGR) of 3.51%, the US market, while lacking precise figures in the provided data, can be reasonably estimated to represent a substantial portion of this global total. Drivers of market growth include increasing urbanization, expanding corporate sectors requiring modern office spaces, and a continued demand for technologically advanced and sustainable buildings. Trends such as the adoption of modular construction techniques to accelerate project timelines and reduce costs, along with a growing emphasis on incorporating smart building technologies, are shaping the market landscape. However, challenges remain. Economic fluctuations, rising material costs, and labor shortages can constrain growth. Furthermore, the increasing popularity of remote work arrangements might moderate the demand for traditional office space, though this effect is likely to be offset by companies seeking to retain a physical office presence for collaboration and team building. The segmentation by end-user (Office Building Construction, Retail Construction, Hospitality Construction, Institutional Construction, and Other End Users) indicates diverse market opportunities, with office building construction remaining the dominant segment. The competitive landscape is characterized by both large multinational corporations and regional players. Key players such as Kiewit Corporation, Bechtel Corporation, and Balfour Beatty LLC are leveraging their expertise and experience to secure prominent projects. However, the market also exhibits a fragmented nature, with numerous smaller construction firms contributing significantly to the overall volume. Regional variations in economic conditions, regulatory frameworks, and construction costs will influence market dynamics. North America is expected to maintain its leading position, driven by strong economic growth and ongoing infrastructural development in the US. However, other regions such as Asia-Pacific are also experiencing significant growth, particularly in rapidly developing economies with booming urban centers. The future of the US Commercial Office Construction market is expected to be characterized by a blend of continued growth, driven by long-term economic trends and technological advancements, alongside ongoing challenges related to cost, labor, and evolving work patterns. Strategic partnerships, technological innovation, and effective risk management will be crucial for companies seeking to thrive in this dynamic market. Recent developments include: Dec 2022: Global Infrastructure Solutions Inc. (GISI) and Hill International Inc. (NYSE: HIL) announced that their strategic merger had been completed following the completion of final regulatory reviews. This merger expands growth opportunities globally for fee infrastructure consulting markets., May 2022: Hyundai Motor announced in May 2022 that it would break ground on its new facility in Georgia in early 2022, with an annual capacity of 300,000 EV units, with commercial production beginning in the first half of 2025. According to an unnamed auto industry source, Hyundai Motor is considering starting construction later in 2023, with commercial production beginning in the second half of 2024.. Key drivers for this market are: Government Initiatives, Demand for office and retail space. Potential restraints include: Government Initiatives, Demand for office and retail space. Notable trends are: The Emergence of Smart Cities is a Key Market Trend.

The Latin American Automated Guided Vehicle (AGV) market is experiencing robust growth, fueled by the increasing adoption of automation across various industries. The region's burgeoning e-commerce sector, coupled with the demand for enhanced efficiency and reduced operational costs in manufacturing, particularly within the food and beverage, automotive, and electronics sectors, is driving significant market expansion. A compound annual growth rate (CAGR) of 32.80% observed from 2019 to 2024 suggests a continuously accelerating market. While precise market sizing for Latin America is unavailable, extrapolating from global trends and the region's economic activity, we can project a 2025 market value of approximately $500 million USD, considering a relatively lower penetration of AGVs compared to North America or Europe. Growth will be driven by investments in smart factories and warehouse automation, alongside increasing labor costs and a growing emphasis on supply chain optimization. However, challenges such as initial high investment costs, lack of skilled labor for implementation and maintenance, and infrastructure limitations in certain regions could act as potential restraints. Brazil, Mexico, and Argentina will likely represent the largest market shares within Latin America due to their relatively developed economies and industrial bases. Expansion into the Middle East and Africa (MEA) presents a more complex picture. While the MEA region is witnessing increased industrialization and a growing adoption of automation technologies, the market is still at a nascent stage of development compared to Latin America. Several factors contribute to this: varying levels of economic development across countries, a comparatively smaller manufacturing base in many nations, and the potential for regulatory hurdles in some regions. Nevertheless, growth is expected, particularly driven by large-scale infrastructure projects, expanding logistics networks, and increasing investments in smart cities. Focus on specific sectors like warehousing and logistics, particularly in rapidly urbanizing areas, will likely be key to future market development. Considering lower initial penetration and slower economic growth in certain areas, the MEA AGV market size in 2025 could be estimated around $250 million, with significant potential for future growth. The market will likely see increased adoption from companies offering comprehensive solutions, including integration, maintenance, and training. Recent developments include: November 2020 - Mitsubishi Electric has launched its Assista collaborative robot and AGV in Latin America. The Assista Collaborative Robot is built to be an industrial-grade collaborative robot for a cooperative environment., August 2020 - Geek+ Inc is expanding with its first South American project, following the US & Mexico deployments. The company announced its expansion into South America with its first automation project, providing intelligent logistics solutions to Walmart Chile, the largest supermarket chain in the country.. Key drivers for this market are: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Potential restraints include: Rapid Growth of the E-commerce Industry, Need for Automation in Maritime Applications for Improvement in Terminal Efficiency. Notable trends are: Retail Industry is Expected to Hold Significant Market Share.

■Notice from the Secretariat

Updated on April 11, 2025

Briefing on the 5th public call for subsidy for business location to support self-reliance and return, and create employment (Local Economic Impact Location Support Project)

Briefing on the public call will be held on the following dates.

Part 1: Wednesday, April 23, 2025 14:00

https://us02web.zoom.us/j/84868719748?pwd=P4blu1XettYBQW3IqIlHbT2pqanPaF.1

Webinar ID: 848 6871 9748 Passcode: 914584

Part 2: Thursday, April 24, 2025 14:00

https://us02web.zoom.us/j/82857680161?pwd=NYIwlnol5zrPAdheKQwZ5IIx7dHpg1.1

Webinar ID: 828 5768 0161 Passcode: 862888

If you would like to attend, please do the following:

(1) 10 minutes before each session starts, use your browser to access the above URL (2) Choose to download the ZOOM client or join using your web browser (3) Enter your name and email address in the pop-up window (4) Click the "Join the Webinar" button * If you have any questions about using ZOOM, please contact: ZOOM Help Center: https://support.zoom.us/hc/ja/

• Join us at 13:50 each time. Each session is limited to 500 people on a first-come, first-served basis.

• There will be no Q & A on the day of the briefing. If you have any questions about the Public Offering, please contact us on page 52 of the Public Offering Instructions.

Individual consultation meeting for the fifth round of public solicitation for subsidy for business location to support self-reliance and return, and create employment (Regional Economic Impact Location Support Project)

Date and time: Monday, May 12, 2025 and 14th (Wed) each day 9: 30~17:20 1, 30 min.

Deadline for applications: 12:00 from the date (each day) until 2 business days

Instructions: Web conferencing using Microsoft Teams * If you have difficulty using Microsoft Teams, please contact us individually.

If you are interested in participating, please call subsidy for business location to support self-reliance and return, and create employment Office at 03-5615-9588. * Hours: 10: 00~12:00, 13:00~17:00 (excluding weekends and national holidays) * Please let us know what you would like to discuss before applying.

■ Purpose and Overview In order to secure a "place to work" for the disaster victims and accelerate their self-reliance and return to their homes, we will support companies that newly build and expand factories, etc. in areas under evacuation orders, etc. and the Fukushima International Research and Industrial City Area, which were severely damaged by the nuclear disaster, in order to create jobs and consolidate industries.

■ Eligibility Please refer to the Open Recruitment Guidelines for details.

■ Recommended Environment Please use the following recommended browser, other than Internet Explorer (IE), on your PC to submit your application. When you submit your application in IE, it is not possible to successfully upload the attachments at the time of submission.

< preferred browser > On Windows: Microsoft Edge, Google Chrome, Firefox On macOS: Safari, Google Chrome, Firefox On Android: Google Chrome

• Use the latest version of each. Note: Google Chrome/Firefox is strongly recommended for IE mode on Microsoft Edge as a similar issue may occur.

Remarks on Joint Submissions 1 Multiple carriers cannot submit for a single submission. For joint applications, please submit your application from your account. In the case of joint application between the applicant business operator (installation business operator) and the leasing company, the applicant business operator (installation business operator) must apply. Please note that applicant IDs cannot be shared between applicants and joint applicants.

■ Contact Information < Contact information for general business and jGrants operations > Social Policy Consulting Department, Mizuho Research & Technologies Inc. (in charge of subsidy for business location to support self-reliance and return, and create employment Secretariat) TEL: 03-5615-9588 * Hours: 10: 00~12:00 and 13:00~17:00, excluding weekends and holidays MAIL: jiritsu-seizo@mizuho-rt.co.jp (Inquiries to the secretariat will only be accepted by phone or email during the open recruitment period.)

For information on obtaining and contacting BizID primes, see: https://gbiz-id.go.jp/top/

< Inquiries about the Purpose of the Project > Fukushima New Industry and Job Creation Office, Fukushima Reconstruction Promotion Group, Minister's Secretariat, the Ministry of Economy, Trade and Industry TEL: 03-3501-8574

< Inquiries about pre-filling consultations > The Tohoku Bureau of Economy, Trade and Industry and Fukushima deal with pre-filling consultations. For details, please refer to the contact information in the Public Offering Guidelines.

The US travel insurance market, a significant segment of the global travel insurance industry, exhibits robust growth potential. With a compound annual growth rate (CAGR) exceeding 3.0%, the market is driven by several key factors. Increasing outbound travel from the US, fueled by rising disposable incomes and a growing preference for international vacations, is a primary driver. Furthermore, heightened awareness of potential travel disruptions, including medical emergencies, trip cancellations, and lost luggage, is compelling more travelers to secure comprehensive coverage. The market is segmented by coverage type (single-trip versus annual multi-trip), distribution channel (insurance intermediaries, companies, banks, brokers), and end-user demographics (seniors, business travelers, families). The diverse range of offerings caters to varying needs and budgets, contributing to market expansion. While specific market size figures for the US are not provided, considering the global market size and the US's significant share of international travel, a reasonable estimate places the 2025 US market size at approximately $5 billion. This projection is supported by a projected CAGR of 3.5% for the next decade, resulting from continued economic growth and increased travel activity. The competitive landscape is characterized by both established players like American International Group (AIG), Allianz Partners, and Berkshire Hathaway Travel Protection, and smaller niche providers. These companies offer diverse product portfolios and distribution strategies to capture market share. The market’s growth is further influenced by technological advancements in insurance platforms, facilitating easier access and personalized coverage options. However, challenges remain, such as managing fluctuating currency exchange rates impacting payout claims and ensuring consumer awareness regarding policy details. Future growth will likely depend on enhancing customer experience through digital channels, strengthening partnerships with travel agencies and airlines, and developing innovative products catering to evolving consumer preferences. A greater emphasis on niche travel insurance products tailored to specific demographics or travel styles, like adventure travel insurance or backpacking insurance, will further drive market growth. This comprehensive report offers an in-depth analysis of the USA travel insurance market, covering the period 2019-2033. With a base year of 2025 and an estimated market size in the millions, this report provides valuable insights for businesses, investors, and policymakers seeking to understand this dynamic sector. We analyze historical data (2019-2024), current market estimations (2025), and project future trends (2025-2033). This report utilizes high-search-volume keywords, such as “travel insurance USA,” “travel insurance market analysis,” and “US travel insurance trends,” to maximize online visibility. Recent developments include: In May 2022, the International Medical Group (IMG), a leading insurance benefits and assistance services company, introduced iTravelInsured Essential. iTravelInsured Essential is a cost-effective travel insurance product that offers the most necessary travel protection benefits., In April 2022, USI Affinity announced the launch of a new travel protection plan, Road Trip Insure, offered through its Travel Insurance Services division.. Notable trends are: Increased Focus on Travel Safety and Insurance is Driving the Market Growth.

United States Imports: cif: Mech Aps for Ag/ Hort for Project/ Spray/ Etc, n.e.s.o.i. data was reported at 11.933 USD mn in Jan 2025. This records an increase from the previous number of 10.151 USD mn for Dec 2024. United States Imports: cif: Mech Aps for Ag/ Hort for Project/ Spray/ Etc, n.e.s.o.i. data is updated monthly, averaging 10.150 USD mn from Jan 2017 (Median) to Jan 2025, with 97 observations. The data reached an all-time high of 24.383 USD mn in Jun 2021 and a record low of 5.561 USD mn in Sep 2017. United States Imports: cif: Mech Aps for Ag/ Hort for Project/ Spray/ Etc, n.e.s.o.i. data remains active status in CEIC and is reported by U.S. Census Bureau. The data is categorized under Global Database’s United States – Table US.JA135: Imports: by Commodity: 6 Digit HS Code: HS 79 to 84.

Road Construction & Maintenance Market Outlook

The global road construction & maintenance market size was valued at USD 117.5 billion in 2023 and is projected to reach USD 189.2 billion by 2032, growing at a CAGR of 5.5% from 2024 to 2032. The growth of this market is driven by rapid urbanization, increasing investments in infrastructure development, and the burgeoning need for efficient transportation systems. Governments worldwide are making substantial investments in the construction and maintenance of road infrastructure to support economic growth and improve connectivity, thereby stimulating market expansion. Additionally, advancements in construction technology and materials are further propelling the market forward.

One of the significant growth factors for the road construction & maintenance market is the rising demand for sustainable and durable road infrastructure. As cities expand and populations grow, there is a heightened need for roads that can withstand heavy traffic loads and adverse weather conditions. This demand has led to increased investments in advanced materials such as high-performance concrete and engineered asphalt, which offer superior durability and longevity. Furthermore, innovations in construction techniques, such as the use of geosynthetics and recycling of road materials, are enhancing the sustainability and cost-effectiveness of road projects.

Another critical driver of market growth is the increasing focus on smart infrastructure. The integration of information technology with road construction and maintenance processes is transforming the way roads are built and managed. Smart road technologies, including intelligent traffic management systems, automated maintenance monitoring, and real-time data analytics, are improving the efficiency and safety of road networks. These technologies enable proactive maintenance, reduce traffic congestion, and enhance the overall user experience, thereby driving the adoption of smart road solutions globally.

Government policies and funding initiatives play a pivotal role in the growth of the road construction & maintenance market. Many countries are launching large-scale infrastructure development programs to boost economic activity and create employment opportunities. For instance, the U.S. Federal Government's Infrastructure Investment and Jobs Act aims to allocate significant funds for road and bridge projects over the coming years. Similarly, China's Belt and Road Initiative focuses on developing extensive road networks to improve regional connectivity. Such initiatives are expected to generate substantial demand for road construction and maintenance services, thereby fueling market growth.

The Heavy And Civil Engineering Construction sector plays a crucial role in the road construction & maintenance market. This sector encompasses large-scale infrastructure projects, including roads, bridges, tunnels, and other essential public works. The demand for heavy and civil engineering construction is driven by the need to develop robust and reliable transportation networks that can support economic growth and urban expansion. As governments prioritize infrastructure development, the sector is witnessing increased investments and technological advancements. These advancements are enhancing the efficiency and sustainability of construction processes, allowing for the creation of durable and resilient road infrastructure. The integration of innovative construction techniques and materials is further propelling the growth of the heavy and civil engineering construction sector, making it a vital component of the overall market landscape.

Regionally, the Asia Pacific is expected to witness significant growth in the road construction & maintenance market. Rapid urbanization, economic development, and increasing vehicular population are driving the demand for improved road infrastructure in this region. Countries like China and India are investing heavily in road construction projects to support their economic growth and improve transportation efficiency. North America and Europe are also anticipated to experience steady growth, driven by ongoing maintenance activities and the need to upgrade aging infrastructure. The Middle East and Africa, with their focus on regional connectivity and economic diversification, present promising opportunities for market expansion.

Type Analysis

The road construction & maintenance market can be segm

Market Analysis for Asia-Pacific MICE Business Tourism The Asia-Pacific MICE business tourism market is a thriving industry, valued at XX million US dollars in 2025, with a significant CAGR projected for the forecast period from 2025 to 2033. Key drivers fueling this growth include the expanding economy, rising disposable incomes, and increased global connectivity. Major MICE destinations in the region include India, China, Singapore, Thailand, Hong Kong, Malaysia, and Japan. The market is segmented by event types and geographies. Key trends shaping the industry include the rise of hybrid and virtual events, the growth of sustainable MICE practices, and technology advancements that facilitate seamless event planning and execution. However, factors such as geopolitical uncertainties, COVID-19 pandemic, and economic volatility pose some restraints. Despite these challenges, the Asia-Pacific MICE business tourism market is expected to witness continued growth, driven by the region's strong economic outlook and increasing demand for MICE services. Recent developments include: In 2022, IBTM has selected Singapore to be the home of IBTM Asia Pacific.It will be coupled with the first edition of Singapore MICE Forum (SMF) X IBTM APAC, in partnership with Singapore Association of Convention & Exhibition Organisers & Suppliers (SACEOS)., In 2021, The latest sustainability initiative in Asia-Pacific's MICE industry is SITE Thailand Chapter's partnership with with the Thailand Convention and Exhibition Bureau (TCEB) to host the SITE Thailand M&I Sustainability Advocate Project. It called on 146 young leaders to develop new sustainability practices for the meetings and incentives sector. The project culminated on October 15, where 17 teams of young individuals aged 17 to 25 presented their ideas at the virtual M&I Sustainability Forum.. Key drivers for this market are: Increasing Share Of Inbound Tourism, Rise In Number of 3 Star and 5 star Hotels. Potential restraints include: Major Share Of Tourism Is Concentrated Domestically, Decline in business travel in the region affecting the market. Notable trends are: Hybrid events.

The leading mega project in Saudi Arabia in 2022 was the first phase of NEOM worth about 500 billion U.S. dollars. The completion of this project was projected for 2025, and it was expected to generate 48 billion U.S. dollars for the Saudi Arabian gross domestic product (GDP) by 2030.

According to Cognitive Market Research, the global DOP Plasticizer market size will be USD XX million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031. North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD XX million. Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031. Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031. The General Grade DOP Type held the highest DOP Plasticizer market revenue share in 2024. Market Dynamics of DOP Plasticizer Market Key Drivers for DOP Plasticizer Market Growing Automotive Industry to Increase the Demand Globally DOP plasticizers are utilized in the production of automotive interior components such as dashboards, upholstery, and trim. Motor vehicle and parts manufacturing accounts for 6 percent of total manufacturing output and 11 percent of the durable goods subsector. The automotive ecosystem, encompassing direct, indirect, and induced contributions, injects over $1 trillion into the U.S. economy annually, representing 4.9 percent of GDP. Additionally, the automotive industry's move towards lightweight materials for improved fuel efficiency is increasing the demand for PVC components, thereby driving the demand for DOP plasticizers. Urbanization and Infrastructure Development to Propel Market Growth PVC-based products are often essential for urbanization and infrastructure development projects, driving the demand for DOP plasticizers. This demand is particularly significant in developing nations experiencing a surge in infrastructure initiatives. In 2023, approximately 44% of federal transportation and infrastructure spending was allocated to highway transportation, 23% to air travel, 22% to rail and mass transit, and 10% to water infrastructure. The federal government spent $44.8 billion on infrastructure in 2023 and transferred an additional $81.5 billion to states. The Bipartisan Infrastructure Law (BIL) allocates $1.2 trillion in federal funds for transportation, energy, and climate infrastructure projects, with most funds distributed through state and local governments.. Restraint Factor for the DOP Plasticizer Market Health and Environmental Concerns to Limit the Sales DOP plasticizers pose several health risks, including endocrine disruption, reproductive toxicity, and potential carcinogenic effects. These risks stem from their tendency to leach from PVC products and enter the human body through ingestion, inhalation, or skin contact. Additionally, DOP plasticizers persist in the environment, leading to bioaccumulation and posing potential harm to wildlife. When released into water bodies, they can adversely affect aquatic ecosystems. Impact of Covid-19 on the DOP Plasticizer Market Lockdowns and restrictions led to temporary shutdowns of manufacturing facilities, disrupting DOP plasticizer production. The pandemic interrupted the supply of crucial raw materials, such as phthalic anhydride and 2-ethylhexanol, causing delays and higher production costs. Movement restrictions and reduced transportation capacity hindered the distribution of DOP plasticizers, resulting in delays and increased logistics expenses. Additionally, international trade disruptions due to border closures and stringent customs procedures further affected the timely delivery of raw materials and finished products. Introduction of the DOP Plasticizer Market In the chemical industry, the Dioctyl Phthalate (DOP) Market revolves around the production, distribution, and utilization of dioctyl phthalate, a commonly used plasticizer. With the chemical formula C24H38O4, dioctyl phthalate is an organic compound employed to enhance the workability, flexibility, and durability of various polymer materials, particularly polyvinyl chloride (PVC). Its primary function is to enhance t...

About this dataset

Context

The dataset tabulates the population of Economy by gender, including both male and female populations. This dataset can be utilized to understand the population distribution of Economy across both sexes and to determine which sex constitutes the majority.

Key observations

There is a slight majority of male population, with 50.67% of total population being male. Source: U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Scope of gender :

Please note that American Community Survey asks a question about the respondents current sex, but not about gender, sexual orientation, or sex at birth. The question is intended to capture data for biological sex, not gender. Respondents are supposed to respond with the answer as either of Male or Female. Our research and this dataset mirrors the data reported as Male and Female for gender distribution analysis. No further analysis is done on the data reported from the Census Bureau.

Variables / Data Columns

• Gender: This column displays the Gender (Male / Female)
• Population: The population of the gender in the Economy is shown in this column.
• % of Total Population: This column displays the percentage distribution of each gender as a proportion of Economy total population. Please note that the sum of all percentages may not equal one due to rounding of values.

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 Economy Population by Race & Ethnicity. You can refer the same here