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

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

Education and Health Services Industry

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

Employment in the U.S.

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

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

As of 2024, almost more than one in ten unicorns in the United States were SaaS (software as a service) companies. Fintech was second in the ranking of business sectors with the most unicorns, accounting for 11 percent of the total. AI unicorns also made it to the top three, with nine percent of all unicorns in the U.S. being AI companies.

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

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

The statistic shows the distribution of the workforce across economic sectors in the United States from 2013 to 2023. In 2023, 1.57 percent of the workforce in the US was employed in agriculture, 19.34 percent in industry and 79.09 percent in services. See U.S. GDP per capita for more information. American workforce A significant majority of the American labor force is employed in the services sector, while the other sectors, industry and agriculture, account for less than 20 percent of the US economy. However, the United States is among the top exporters of agricultural goods – the total value of US agricultural exports has more than doubled since 2000. A severe plunge in the employment rate in the US since 1990 shows that the American economy is still in turmoil after the economic crisis of 2008. Unemployment is still significantly higher than it was before the crisis, and most of those unemployed and looking for a job are younger than 25; youth unemployment is a severe problem for the United States, many college or university graduates struggle to find a job right away. Still, the number of employees in the US since 1990 has been increasing slowly, with a slight setback during and after the recession. Both the number of full-time and of part-time workers have increased during the same period. When looking at the distribution of jobs among men and women, both project the general downward trend. A comparison of the employment rate of men in the US since 1990 and the employment rate of women since 1990 shows that more men tend to be employed than women.

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

This statistic shows the manufacturing industries that added the most jobs due to reshoring and foreign direct investment (FDI) in the United States from 2010 to 2021. Over the period of 2010 to 2021, the transportation equipment manufacturing industry added a total of around 368,500 jobs from moving business operations back to the United States and receiving direct foreign investment.

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

Gross Domestic Product

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

U.S. GDP

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

The three most concentrated industries in the U.S. as of 2017, in terms of the market share controlled by the top four firms in the industry, were information services, transportation and warehousing, and the utilities sector. Despite fears of growing market concentration in the U.S., none of these industries have a market share for their top four firms of greater than 30 percent. Industries which benefit from economies of scale and network effects tend to be the most concentrated in terms of market share, while industries which are more localized such as construction or accommodation and food services come towards the bottom of the list.

In 2023, around 678.2 billion 2017 U.S. dollars was added to the GDP of Georgia across all industries. In that year, the finance, insurance, and real estate industry was the most valuable, contributing 142.75 billion U.S. dollars. The utilities industry added a further 11.42 billion chained 2017 U.S. dollars of value to the state GDP.

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

Gross domestic product of Los Angeles

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

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

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

The real GDP of Michigan in 2023 amount to around 554.26 billion U.S. dollars. In that year, the construction industry added 17.82 billion chained 2017 U.S. dollars of value to the total state GDP. The manufacturing industry was the greatest contributor to GDP in that year.

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.

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

In 2022, media and broadcasting was the client sector with the highest share of research sales in the United States with almost 30 percent of the total share. Pharmaceutical was second in the last, with 13 percent of the share.

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

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

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