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.

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.

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.

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.

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.

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.

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

The size of the US Data Center Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.00% during the forecast period.A data center is a facility that keeps computer systems and networking equipment housed, processing, and transmitting data. It represents the infrastructure on which organizations carry out their IT operations and host websites, email servers, and database servers. Data centers, therefore, are imperative to any size business: small start-ups or large enterprise since they enable digital transformation, thus making business applications available.The US data center industry is one of the largest and most developed in the world. The country boasts robust digital infrastructure, abundant energy resources, and a highly skilled workforce, making it an attractive destination for data center operators. Some of the drivers of the US data center market are the growing trend of cloud computing, internet of things (IoT), and high-performance computing requirements.Top-of-the-line technology companies along with cloud service providers set up major data center footprints in the US, mostly in key regions such as Silicon Valley and Northern Virginia, Dallas, for example. These data centers support applications such as e-commerce-a manner of accessing streaming services-whose development depends on its artificial intelligence financial service type. As demand increases concerning data center capacity, therefore, the US data centre industry will continue to prosper as the world's hub for reliable and scalable solutions. Recent developments include: February 2023: The expansion of Souther Telecom to its data center in Atlanta, Georgia, at 345 Courtland Street, was announced by H5 Data Centers, a colocation and wholesale data center operator. One of the top communication service providers in the southeast is Southern Telecom. Customers in Alabama, Georgia, Florida, and Mississippi will receive better service due to the expansion of this low-latency fiber optic network.December 2022: DigitalBridge Group, Inc. and IFM Investors announced completing their previously announced transaction in which funds affiliated with the investment management platform of DigitalBridge and an affiliate of IFM Investors acquired all outstanding common shares of Switch, Inc. for USD approximately USD 11 billion, including the repayment of outstanding debt.October 2022: Three additional data centers in Charlotte, Nashville, and Louisville have been made available to Flexential's cloud customers, according to the supplier of data center colocation, cloud computing, and connectivity. By the end of the year, clients will have access to more than 220MW of hybrid IT capacity spread across 40 data centers in 19 markets, which is well aligned with Flexential's 2022 ambition to add 33MW of new, sustainable data center development projects.. Key drivers for this market are: , High Mobile penetration, Low Tariff, and Mature Regulatory Authority; Successful Privatization and Liberalization Initiatives. Potential restraints include: , Difficulties in Customization According to Business Needs. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

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.

The United States Data Center Market report segments the industry into Hotspot (Atlanta, Austin, Boston, Chicago, Dallas, Houston, Los Angeles, New Jersey, New York, Northern California, Northern Virginia, Northwest, Phoenix, Salt Lake City, Rest of United States), Data Center Size (Large, Massive, Medium, Mega, Small), Tier Type (Tier 1 and 2, Tier 3, Tier 4), and Absorption (Non-Utilized, Utilized).

The United States washing machine market, valued at $6.60 billion in 2025, is projected to experience a Compound Annual Growth Rate (CAGR) of 2.40% from 2025 to 2033. This growth is fueled by several key drivers. Increasing disposable incomes and a rising preference for convenient, time-saving appliances are prominent factors. The shift towards smaller, more energy-efficient models, driven by both environmental concerns and cost savings, significantly impacts market dynamics. Technological advancements such as smart features (app connectivity, AI-powered cycles, and automated detergent dispensing), improved washing performance, and enhanced durability are also boosting demand. Furthermore, the growing popularity of laundry pods and other convenient cleaning solutions complements the market’s expansion. Key trends shaping the industry include the rising demand for front-load washers, which are often perceived as offering superior cleaning and efficiency compared to top-load models. The market also witnesses a growing interest in steam cleaning functionalities, allergen removal capabilities, and increased customization options tailored to specific fabrics and laundry needs. However, restraints on growth include economic downturns potentially affecting discretionary spending on appliances, fluctuations in raw material costs, and concerns about the environmental impact of manufacturing and disposal of washing machines. Segment analysis reveals regional variations in consumption patterns, with data needed on production, import/export volumes and values, and price trends to gain a complete understanding. A deeper dive into regional data (North America focusing on the US, Canada, and Mexico) would highlight variations in market size and growth rates based on factors such as consumer preferences, income levels, and housing characteristics. The competitive landscape is dominated by major players like Whirlpool, LG, Maytag, Miele, Electrolux, General Electric, Haier, Frigidaire, Kenmore, and Samsung, each vying for market share through product innovation, branding strategies, and distribution networks. These companies utilize diverse strategies, including strategic partnerships, mergers and acquisitions, and aggressive marketing campaigns targeting specific consumer demographics. Price competition is a significant factor, particularly in the lower price segments where intense competition prevails. Analysis of the import and export market dynamics within the US reveals the extent of global trade influencing domestic pricing and availability. Understanding the price trend analysis across different washing machine types (top-load, front-load, etc.) and brand tiers is crucial for assessing the profitability and market share of various players. Furthermore, examining the consumption analysis by region and household characteristics, such as family size and income, allows for a more refined understanding of the market's segmentation and growth potential. A detailed study across the forecast period (2025-2033), considering the historical period (2019-2024), helps project market size and potential future growth trajectories, further refining the strategic positioning for market participants. Recent developments include: In March 2024, Samsung Electronics Co. launched the latest Bespoke AI Combo washer-dryer. The new combo has a washing capacity of 5 kilograms with a 15 kg heat-pump drying capability., In January 2024, LG Electronics introduced a new product, 5.0 cu. Ft. Mega Capacity Smart WashCombo. The new completes the whole cycle of wash and dry within 2 hours using 60% less energy compared to other models.. Key drivers for this market are: Increasing Residential and Commercial Construction Activities. Potential restraints include: Alternative Water Heating Technologies, Such as Solar Water Heaters and Heat Pump Systems. Notable trends are: Technological Advancement Boosting the Market.

A variety of factors are contributing to the slow growth of the industrial furnace and oven industry. However, the industry seems to have stabilized, and further declines are not currently predicted. Today, we'll be covering the fastest-growing industrial furnace and oven manufacturers in the U.S. so you'll be informed about which companies are outpacing their competition.

The internet service providers industry uses wired infrastructure to provide clients with internet access and related services, like web hosting, web page designing and consulting related to internet connectivity. Rising internet usage has benefited industry revenue growth, and government-subsidized network expansion has done the same, increasing the number of US broadband connections. A push toward broadband expansion in rural markets and a climb in demand from business customers has boosted industry revenue, which is poised to incline at an annualized rate of 3.5% to $168.5 billion in 2025, including growth of 4.2% in 2025 as investments and activity mount in line with an improving macroeconomic environment. As households increasingly rely on the internet for streaming, gaming, remote work, and cloud computing, ISPs are scrambling to deliver faster and more reliable service. The rising adoption of cloud computing, which involves accessing data online, has boosted demand for dedicated internet access services sold at a higher profit. With increasing demand, providers have begun launching fiber optic networks, rapidly improving connection speeds. Major enterprises that typically benefit from economies of scale also continue to bundle TV and phone, which includes Voice over Internet Protocol services and high-speed internet into one service package, adopting new technology. Consolidation has swept the industry, with blockbuster mergers—such as T-Mobile’s tie-up with Sprint and Verizon’s multi-billion-dollar acquisition push—reshaping market share and intensifying competition. At the same time, average broadband speeds have more than doubled, but ISPs have faced mounting pressure from cord-cutters, OTT competitors and fierce price wars, often leading to flat or declining revenues per user even as consumer bandwidth use reaches new heights. This competitive environment has led to plummeting profit. Looking ahead, the ISP industry shows no sign of slowing down. Over the next five years, fiber expansion and 5G fixed wireless will reach an even greater share of US households. Providers will continue investing heavily in gigabit networks, edge computing and advanced Wi-Fi to keep pace with the explosion in cloud computing, IoT devices and remote work. Retaining customers will hinge on delivering faster speeds, greater reliability, strong security and innovative value-added services, especially as open-access networks and new entrants threaten to erode traditional market advantages. Continued demand will lead to industry revenue growth, poised to climb at an annualized rate of 4.4% to $208.9 billion in 2030.

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Industry, Maine, 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 20,194, while the mean income for the highest quintile (20% of households with the highest income) is 176,380. 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 274,320, which is 155.53% higher compared to the highest quintile, and 1358.42% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 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 2022 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 Industry town median household income. You can refer the same here

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.

The Group Purchasing Organization (GPO) industry, vital to healthcare operations, has grown through the end of 2024. GPOs act as lifesavers for healthcare organizations struggling to maneuver the rising costs and stringent regulations and don the hat of trendsetters in using high-end tech like sophisticated analytics and e-commerce to streamline operations. On top of that, GPOs have braced themselves to face heightened competition owing to new entries and expanded their service portfolio. Through the end of 2024, industry revenue has climbed at a CAGR of 1.0% to reach $6.3 billion in 2024, including an expansion of 1.4% in 2024 alone. The GPO industry has undergone some defining transformations. Integrating advanced technology tools has pushed the industry closer to better strategic decisions and cost-effective solutions. The shift toward e-commerce platforms has made procurement more convenient and transparent. But at the same time, this rising digitization has challenged GPOs to fight off increasing cyber threats. The industry's competitive landscape has also intensified with more players joining the game and shifting towards diversified services. Amid consolidation trends, specialist GPOs emerged, providing personalized services to specific healthcare areas, marking a substantial change in industry contours. The five years through the end of 2029 will be an era of overwhelming digital adoption, with automation taking the front seat in procurement procedures. Specialist GPOs will call the shots, with their expertise highly sought after to align with company strategies. As going green becomes a priority, GPOs must ensure their procurement strategies align with sustainability efforts, making things interesting. Industry revenue will expand at a CAGR of 1.9% to reach $6.9 billion.

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.

Discover key trends shaping North America Set Top Box Market, size at USD 6 billion in 2023, showcasing growth opportunities and industry analysis.

A comprehensive dataset of top naics industries for Green Card sponsorships in 2025, including salary data, petition trends, and employer insights. Updated annually with the latest data on Green Card sponsorship trends and employer behavior.

While shifting consumer preferences and a crowded foodservice landscape, fast food restaurants have maintained a steady pace of growth. Over the five years to 2025, industry revenue has expanded at a CAGR of 3.9%, reaching $417.5 billion. Notably, 2025 alone will experience a 1.1% increase in revenue. The trend towards fast casual dining has bolstered the industry, helping fast food chains hold their ground amid fierce competition. As health awareness continues to rise, consumers demand healthier and alternative options to conventional fast food. To an extent, major chains have met this demand by introducing healthier menu selections. Other innovative measures included investments in meat substitutes and introducing various dietary preferences to attract a broader consumer base. However, the shift towards a healthier lifestyle has somewhat dampened demand for traditional fast food staples, leading to a decline in industry profit. Between 2022 and 2025, fast food restaurants have grappled with surging operational costs, including purchase, utility, rent and labor. The collective force of these cost increases has depressed industry profit, reaching 4.6% of revenue in 2025. Higher minimum wages, especially in California, have been detrimental to fast food restaurant's bottom lines, which subsequently boost technology adoption such as AI drive-thus. Over the next five years, the fast food industry is expected to maintain its growth trajectory, albeit slower. With fast casual restaurants on the rise and consumer spending expected to climb, further revenue growth for the fast food industry is expected. However, the environment is forecast to grow slowly for fast food chains, as many segments within the industry approach saturation. Despite these challenges, successful operations in the industry will likely pivot in response to changing consumer preferences. In this evolving scenario, the concept of fast food is likely to expand beyond its traditional confines to include a broader range of choices. However, intense competition within the industry will continue to put downward pressure on prices, and hence, revenue growth is expected to slow over the next five years. Projections indicate a CAGR of 1.3% over the next five years, bringing the industry revenue to $445.2 billion by 2030.