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

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

The U.S. manufacturing sector plays a central role in the economy, accounting for 20% of U.S. capital investment, 60% of the nation's exports and 70% of business R&D. Overall, the sector's market size, measured in terms of revenue is worth roughly $6 trillion, making it a major industry to do business with. So which U.S. states are the biggest for manufacturing? This article will explore the nation's top manufacturing states, measured by number of employees, based on MNI's database of 400,000 U.S. manufacturing companies.

The U.S. manufacturing sector remains a global powerhouse, shaping countless products we rely on every day. From towering skyscrapers to intricate medical devices, American manufacturers drive innovation and economic growth. According to the National Association of Manufacturers, manufacturers in the United States perform more than three-quarters of all private-sector research and development (R&D) in the nation, driving more innovation than any other sector.

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.

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.

Home to 22,000 manufacturers and more than a million industrial workers, California is the largest manufacturing state in the U.S. The state's abundance of skilled labor and access to capital has drawn some key innovative enterprises to its borders, particularly in the aerospace and electronics industries. Today, we're focusing on the latest trends in California manufacturing, including the state's top industries and cities, and we'll also explore its ten largest manufacturing companies.

The U.S. manufacturing industry continues to shine amid favorable growth forecasts. U.S. steel production keeps climbing, and current demand is through the roof. MNI's latest data on U.S. steel coincide with these statistics as the industry anticipates further growth.

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.

Data Catalog Market Overview

Data catalog companies serve as a vital repository for organizing and managing data assets within organizations, housing metadata like descriptions, ownership, and usage stats to streamline data discovery and management.

It features strong search capabilities, tracks data lineage, and integrates with other tools to ensure transparency and adherence to governance standards.

Benefits include enhanced data utilization, improved governance, operational efficiency, and team collaboration.

Implementation focuses on scalability, user-friendly interfaces, system integration, and robust security measures.

In essence, a Data Catalog is crucial for maximizing data value through efficient access, governance, and collaborative efforts.

With its low business costs and abundant natural resources, the state of Mississippi is home to a number of powerful manufacturing companies, including some top names in the auto and food industries. Today, we're providing an inside look at the state's manufacturing sector based on data collected by MNI and exploring the top industrial companies in Mississippi.

Thanks to its strong economy and robust infrastructure, Florida is an attractive destination for many manufacturers. The Sunshine State boasts a diverse economy, and its manufacturing sector is consistently adding jobs thanks to growth in industries like aerospace and electronics. This article will explore the latest facts, statistics, and top companies in Florida's manufacturing sector based on data collected directly from the state's manufacturers by MNI.

In 2024, the education and health services industry employed the largest number of people in the United States. That year, about 37 million people were employed in the education and health services industry. Education and Health Services Industry Despite being one of the wealthiest nations in the world, the United States has started to fall behind in both education and the health care industry. Although the U.S. spends the most money in both these industries, they do not see their desired results in comparison to other nations. Furthermore, in the education services industry, there was a relatively significant wage gap between men and women. In 2019, men earned about 1,070 U.S. dollars per week on average, while their female counterparts only earned 773 U.S. dollars per week. Employment in the U.S. The 2008 financial crisis was a large-scale event that impacted the entire world, especially the United States. The economy started to improve after 2010, and the number of people employed in the United States has been steadily increasing since then. However, the number of people employed in the education sector is expected to slowly decrease until 2026. The overall unemployment rate in the United States has decreased since 2010 as well.

Over the past decade, Georgia's industrial sector has grown steadily, attracting a variety of enterprises, from auto companies to aeronautics firms. The Peach State is a solid market in which to do business and today we're providing an overview on the state's manufacturing sector, based on data collected by MNI and taking a look at its most powerful companies.

Edge Computing Market Overview

Edge computing is a decentralized computing paradigm that processes data closer to its source, reducing latency and enhancing real-time decision-making. It offers improved security and privacy by keeping sensitive data local and finds applications in industries like manufacturing and healthcare.

However, it comes with challenges in managing distributed networks and ensuring uniform security. Many organizations use a hybrid approach, combining edge and cloud computing for optimal results.

Artificial Intelligence Chipset Market Overview

Artificial Intelligence Chipset companies provide custom processors made to speed up artificial intelligence tasks, particularly in machine learning and deep learning.

They are designed to handle many tasks simultaneously, perform fast calculations, and reduce delays, making them perfect for things like training neural networks.

These chipsets are widely used in data centers, self-driving cars, and edge devices to process large volumes of data quickly and in real time.

As a prime location for 4,661 manufacturing companies generating over 192,000 jobs, Maryland offers many opportunities. The state's major seaport in Baltimore allows for the easy receipt of materials and shipping of finished goods. Maryland's proximity to Washington, D.C., gives its technical and aerospace corporations a considerable advantage in applying for contracts and securing government funding.

Collaborative Robots Market Overview

Collaborative robots, or cobots, are designed to work safely alongside humans, sharing workspace and performing tasks collaboratively. They feature advanced safety features like sensors for detecting obstacles and human contact, making them suitable for manufacturing, logistics, healthcare, agriculture, and more applications.

Cobots are known for their user-friendly programming and flexibility, allowing easy task reconfiguration and adaptability to changing needs. They offer advantages such as improved safety, increased productivity, cost-efficiency, and skill enhancement but face challenges related to payload and speed limitations, integration complexity, programming, initial investment costs, and security concerns.

Overall, cobots represent a valuable solution for industries seeking to incorporate automation while maintaining a collaborative and efficient work environment.

Retail Analytics Market Overview

Retail analytics involves collecting and analyzing data from various sources in retail operations. It helps retailers make informed decisions to improve their business performance, optimize inventory, and enhance customer experience.

By analyzing sales trends, customer behavior, and inventory levels, retailers can make better decisions about pricing, marketing, and supply chain management. This data-driven approach also aids in fraud detection, competitive analysis, and improving overall store layout and merchandising. Ultimately, retail analytics empowers retailers to stay competitive and profitable in today's dynamic market.

Michigan, the Great Lakes State, is a major manufacturing state. For example, the automotive industry traces its roots to Michigan, where the Big Three auto manufacturers still reside. Not surprisingly, large automotive suppliers also have a strong presence in Michigan. For instance, semiconductor and EV battery manufacturers have located there, not only to shorten their supply chain but also for the state's business-friendly climate.