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.

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.

Graph and download economic data for Value Added by Industry: Manufacturing as a Percentage of GDP (VAPGDPMA) from Q1 2005 to Q1 2025 about value added, private industries, percent, private, manufacturing, industry, GDP, and USA.

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.

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.

Graph and download economic data for Real Gross Domestic Product: Private Goods-Producing Industries in Major County, OK (REALGDPGOODS40093) from 2001 to 2023 about Major County, OK; goods-producing; OK; private; real; industry; GDP; and USA.

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.

In 2023, the GDP of Nevada amounted to around 195.41 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 around 40.41 billion U.S. dollars. In the same year, the manufacturing sector added around 8.48 billion U.S. dollars of value to the state's real GDP.

Scientific research and development (R&D) facilities have enjoyed significant growth over the past five years as the mix of accelerating medical innovation, new global conflicts and push to advance medical treatments provided a diversified demand niche for the industry. Skyrocketing corporate profit, which boosted 6.3% over the past five years, enabled private companies to massively increase their budgets for R&D. New conflicts in the Middle East and Europe generated a wider range of defense capability needs, causing public sector clients to contract R&D companies at a more rapid pace to advance research on weapons systems and military equipment. A robust push toward sustainability across clients’ product stream further advanced new technological research in facets such as biomedical treatments. In light of these trends and an acceleration of technological adoption, revenue spiked at a CAGR of 4.9% to an estimated $320.9 billion over the past five years, including an anticipated 3.1% boost in 2025 alone. The federal government is the largest and most consistent source of revenue, so changes in federal funding levels greatly affect servicers’ performance. Many R&D sites focus on military tech, so the Trump administration's support for defense spending brought on a surge revenue. While the Biden administration originally pushed for lower defense spending, serious conflicts involving the US's allies, namely Ukraine and Israel, have brought military innovation back to the forefront of budget discussions. Although revenue growth was strong, a rebound in wage expenditures following an inflationary spike has caused a slight slowdown in profit growth. Moving forward, scientific R&D companies will continue benefiting from anticipated growth in corporate profit and sector-wide support for new research projects. While still high at 4.3% as of February 2025, the eventual stabilization in interest rates will encourage new investment. The passing of the Inflation Reduction Act in 2022 will benefit research labs studying alternative fuels and clean energy through tax credits that encourage private investment. New technological advances, such as UAVs and EWs, will provide greater need for technically adept R&D companies that can help strengthen military equipment research and development for the future. Additionally, anticipated growth in overall research & development expenditure across the public and private sectors will provide more funding for R&D initiatives, creating a larger field of opportunity for new researchers. Overall, revenue is expected to boost at a CAGR of 3.2% to an estimated $375.7 billion over the next five years.

Swings in the economy have a limited impact on warehouse clubs and supercenters because these retail establishments offer low-priced goods. When consumer sentiment is high, shoppers spend more time visiting industry retailers and buying extra items. Conversely, when consumer sentiment is low, warehouse clubs and superstores draw a larger pool of consumers as households seek to cut expenses by buying in bulk for the future. Many of these retailers have been able to attract and retain more business by offering memberships and reward programs that disincentivize consumers to visit the competition. Revenue for warehouse clubs and supercenters is expected to climb at a CAGR of 3.2% to $771.1 billion through the end of 2025, including growth of 2.8% in 2025 alone. In the same year, profit will account for 3.5% of revenue, a dip from 2020 because of strong competitive forces and inflation. Online companies can undercut traditional warehouse clubs and supercenters' prices by taking advantage of lower operational costs. The brick-and-mortar warehouse clubs and supercenters incur higher operational costs than online-based businesses because they pay for high-traffic retail space and require employees for daily operations. Retailers are increasingly optimizing their online presence for mobile shopping. Walmart, a leader in the industry, has introduced a competing service known as Walmart+, which costs $98.00 annually. Walmart+ provides members with unlimited free deliveries, fuel discounts and a more streamlined in-store shopping experience via the Scan & Go feature on the Walmart app. Although this service emphasizes increasing Walmart's e-commerce sales, the fuel discounts and access to the Scan & Go feature on the company's app will encourage in-store purchases. Warehouse clubs and supercenters' revenue will expand as the domestic economy surges. Consumer spending and corporate profit boosts encourage future revenue growth by prompting more consumers to buy club memberships and spend on bulk purchases. Consumption rates will continue to climb across the US, promoting strong foot traffic and these retailers that often sell products in bulk. Nonetheless, increasing online competition will continue to threaten the industry as retailers like Amazon expand their customer base. Revenue for warehouse clubs and supercenters is expected to swell at a CAGR of 2.3% to $862.8 billion through the end of 2030.

Financial data service providers offer financial market data and related services, primarily real-time feeds, portfolio analytics, research, pricing and valuation data, to financial institutions, traders and investors. Companies aggregate data and content from stock exchange feeds, broker and dealer desks and regulatory filings to distribute financial news and business information to the investment community. Recent globalization of the world capital market has benefited the financial sector and increased trading speed. Businesses rely on real-time data more than ever to help them make informed decisions. When considering a data service provider, an easy-to-use interface that shows customized, relevant information is vital for clients. During times of economic uncertainty, this information becomes more crucial than ever. Clients want information as soon and as frequently as possible, causing providers to prioritize efficiency and delivery. This was evident during the pandemic, the high interest rate environment in the latter part of the period and as the Fed cuts rates in 2024. Increased automation has helped industry players process large volumes of financial data, reducing analysis and reporting times. In addition, automation has reduced operational costs and reduced human data errors. These trends have resulted in growing revenue, which has risen at a CAGR of 3.2% to $21.9 billion over the past five years, including a 3.5% uptick in 2024 alone. Corporate profit will continue to expand as inflationary concerns begin to wane slowly. This will lead many companies to take on new clients as financial data helps them gain insight into operating their business amid ongoing trends and economic shakeups. With technology constantly advancing, service providers will continue investing in research and development to improve their products and services and best serve their clients. As technological advances continue, smaller players will be able to better compete with larger industry players. While this may lead to new companies joining the industry, larger providers will resume consolidation activity to expand their customer base. Overall, revenue is expected to swell at a CAGR of 2.7% to $25.0 billion by the end of 2029.

The United States (US) IT Services is Segmented by Type (IT Consulting and Implementation, ADM, and More), Deployment Model (Onshore Delivery, Nearshore Delivery, and More), Engagement Model (Project-Based / Fixed Price, and More), Organization Size (Large Enterprises, Smes), End-User (BFSI, Manufacturing, Government, and More), and by Geography. The Market Forecasts are Provided in Terms of Value in USD.

With one of the best tax climates in the nation as well as a strong workforce and solid infrastructure, Texas remains a top destination for manufacturers across multiple industries, from the oil industry to the auto sector, biotech to food processing. Home to 1.2 million workers or roughly 13% of the nation's manufacturing workforce, Texas remains the second-largest manufacturing state in the U.S. (after California) and is the largest state exporter, exporting a record $315 billion worth of goods in 2018. For those looking do business with Texas manufacturers, it helps to have an in-depth understanding of the state's manufacturing climate.

A volatile housing market has shaped the performance of major appliance manufacturers. In 2020 and 2021, the residential sector experienced a boom because of near-zero interest rates and growing disposable income. These factors boosted the value of residential construction and housing starts, generating significant demand for new appliances. During this time, manufacturers also benefited from steel prices jumping 110.5% in 2021, driving appliance costs upward and boosting revenue. These gains were quickly reversed as growing inflationary pressures and interest rate hikes beginning in 2022 began reversing the growth of the residential sector amid consumers becoming increasingly price-sensitive and slowing discretionary spending. Steel prices also began to stabilize at this time, pushing producers to charge slower prices, slowing revenue and squeezing profit. Between 2020 and 2025, revenue is estimated to have dropped an annualized 1.1%, reaching $24.8 billion in 2025, including a 0.8% dip that year alone. Trade dynamics significantly impact this industry because of significant import penetration, which reached 53.3% in 2025. Import penetration has grown in recent years despite tariff hikes on Chinese washing machines and steel products, as domestic appliances are often more expensive. With consumers becoming increasingly price-sensitive, they have been opting for more affordable imported appliances. The climb in imports from Mexico is notable, with major manufacturers expanding operations in Mexico, benefiting from lower trade and transportation costs. However, consumers have incentives to buy more sustainable appliances through state and local tax benefits, pushing producers to target these markets. Regulatory shifts regarding gas stove safety also drive demand for electric alternatives, requiring manufacturers and retailers to adjust accordingly. Moving forward, domestic producers will benefit from a recovering residential sector and improving macroeconomic conditions. Tax incentives in the Inflation Reduction Act, aimed at promoting the purchase of new ENERGY STAR-certified appliances, are expected to benefit manufacturers. Ongoing investments in production facilities in Mexico will sustain the upward trend of imports from the region. Increasing concerns about the safety of gas stoves may lead to enhanced state regulations, potentially prompting consumers to replace their existing stoves with safer models. Domestic producers face significant uncertainty for the coming years amid unstable trade relationships and a volatile economy. These trends are set to cause revenue to grow at an estimated CAGR of 1.5% to reach $26.8 billion through the end of 2030.

United States USGS: Leading Index: Primary Metals Industry: Growth Rate data was reported at 1.300 % in Jun 2018. This records a decrease from the previous number of 1.800 % for May 2018. United States USGS: Leading Index: Primary Metals Industry: Growth Rate data is updated monthly, averaging 2.400 % from Jun 2011 (Median) to Jun 2018, with 85 observations. The data reached an all-time high of 7.600 % in Jul 2011 and a record low of -6.400 % in Sep 2015. United States USGS: Leading Index: Primary Metals Industry: Growth Rate data remains active status in CEIC and is reported by United States Geological Survey. The data is categorized under Global Database’s USA – Table US.WB001: Metal Industry Indicator Indices.

Market Research companies have benefited from research and development (R&D) expenditure growth as companies develop new products to satisfy consumer demand. Downstream companies continue to rely on market research to create new products and campaigns that fit ever-changing consumer preferences. As companies strive to enhance consumer-centric strategies amid increased consumer spending, demand for tailored market research solutions has surged. High corporate profit levels have enabled businesses to invest in research and development. The digital shift has further transformed the landscape, with companies pioneering new research tools to tap into the vast potential of big data to enhance accessibility and participation. These trends have led to revenue growing at a CAGR of 3.9% to $36.6 billion over the next five years, including a 2.4% gain in 2025 alone. Consumers' and advertisers' growing reliance on the internet has led to new metrics market researchers can use to better understand consumers. These have allowed new companies to enter the industry and driven providers to adjust services and implement new technologies. The rising use of social media has also contributed to the growing demand for market research. These technological advancements improved data collection and analysis methods, offering actionable insights that helped companies refine marketing strategies and develop better products. New opportunities continue to drive revenue growth, but expansions to services and onboarding of new technology have cut into industry profit. Companies will strengthen their R&D budgets as economic conditions improve, further driving demand for advanced market research tools. The proliferation of online commerce and smart technologies will give researchers unprecedented access to consumer data. Technological developments, such as artificial intelligence (AI), are poised to create new metrics based on human reactions, which companies can leverage to better understand consumer behavior and preferences. These new technologies will develop new market research opportunities. Access to these metrics, however, will lead to tightening data privacy regulations. There's a growing emphasis on ethical practices, transparency and data security. This will shape consumer trust and industry standards, creating new opportunities and challenges in a rapidly evolving marketplace. Revenue is poised to grow at a CAGR of 2.2% to $40.9 billion through the end of 2030.

North America Creator Economy Market is estimated to be valued at US$ 34.12 Bn in 2025 and expected to expand at CAGR of 34.9%,reaching US$ 277.41 Bn by 2032.

The Commercial Real Estate (CRE) industry is exhibiting significant variations across markets, with persistently high office vacancy rates juxtaposed against thriving prime office spaces. Hard hit by the widespread adoption of remote and hybrid work models, the overall office vacancy rate rose to 20.4% in Q4 2024 from the pre-pandemic rate of 16.8%. However, leasing volumes for prime office spaces are set to climb, providing opportunities for seasoned investors. On the other hand, the multifamily sector is gaining from a prominent move towards renting, primarily driven by housing affordability concerns and changing lifestyle preferences. This has increased demand for multifamily properties and opportunities to convert underutilized properties, such as offices, into residential rentals. The industrial real estate segment is also evolving, with the boom in e-commerce necessitating the development of strategically located warehouses for quick fulfillment and last-mile delivery. Industry revenue has gained at a CAGR of 0.8% to reach $1.4 trillion through the end of 2025, including a 0.4% climb in 2025 alone. The industry is grappling with multiple challenges, including high interest rates, wide buyer-seller expectation gaps and significant disparities in demand across different geographies and asset types. The Federal Reserve's persistent high-interest-rate environment creates refinancing hurdles for properties purchased during the low-rate period of 2020-2021. Because of remote working trends, office delinquency rates are predicted to climb from 11.0% in late 2024 to 14.0% by 2026, leading to a job market increasingly concentrated in certain urban centers. Through the end of 2030, the CRE industry is expected to stabilize as the construction pipeline shrinks, reducing new supply and, in turn, rebalancing supply and demand dynamics. With this adjustment, occupancy rates are likely to improve, and rents may observe gradual growth. The data center segment is set to witness accelerating demand propelled by the rapid expansion of artificial intelligence, cloud computing and the Internet of Things. Likewise, mixed-use properties are poised to gain popularity, driven by the growing appeal of flexible spaces that accommodate diverse businesses and residents. This new demand, coupled with the retiring baby boomer generation's preference for leisure-centric locales, is expected to push the transformation of traditional shopping plazas towards destination centers, offering continued opportunities for savvy CRE investors. Industry revenue will expand at a CAGR of 1.9% to reach $1.6 trillion in 2030.

The United States Hospitality Market Report is Segmented by Chain Scale (Luxury, Upper Upscale, Upscale, and More), by Type (Service Apartments, Budget & Economy Hotels, and More), by Service Model (Full-Service, Select-Service, and More), by End-User, by Distribution Channel, by Ownership & Management Model, by Property Size, and by Region. The Market Forecasts are Provided in Terms of Value (USD).