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.
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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.
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.
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.
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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.
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.
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Unlock data-backed intelligence on USA OTT Platform Market, size at USD 48.40 billion in 2023, showcasing growth opportunities and future trends.
In the wake of COVID-19 and associated lockdowns, businesses in the finance and insurance industry saw a ** percent increase in revenues when comparing the revenues generated between ********** to ********** with revenues generated between ********** to **********. Industries that saw the greatest loss in revenue during this time period can be found here.
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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
When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.
Income Levels:
Variables / Data Columns
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.
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/.
This dataset is a part of the main dataset for Industry town median household income. You can refer the same here
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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.
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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).
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Gain insights into the North America Smart Mirror Industry, size at USD 245.9 million in 2023, featuring Market Forecasts & Outlook, industry trends, and growth opportunities.
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Discover key trends shaping North America Set Top Box Market, size at USD 6 billion in 2023, showcasing growth opportunities and industry analysis.
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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.
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The USA labels market is expected to grow at a compound annual growth rate (CAGR) of 3.9% to reach USD 23,485 million by 2035. Advancements in printing technologies, e-commerce penetration, and growing importance of product branding and regulatory compliance are key drivers.
Attribute | Details |
---|---|
Projected Value by 2035 | USD 23,485 million |
CAGR during the period 2025 to 2035 | 3.9% |
Global Market Share & Industry Share (%)
Category | Market Share (%) |
---|---|
Top 3 Players (Avery Dennison, CCL Industries, UPM Raflatac) | 19% |
Rest of Top 5 Players | 05% |
Next 5 of Top 10 Players | 13% |
Type of Player | Market Share (%) |
---|---|
Top 10 Players | 37% |
Next 20 Players | 25% |
Remaining Players | 38% |
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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.
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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.
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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.
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The United States' total Exports in 2024 were valued at US$2.06 Trillion, according to the United Nations COMTRADE database on international trade. The United States' main export partners were: Canada, Mexico and China. The top three export commodities were: Mineral fuels, oils, distillation products; Machinery, nuclear reactors, boilers and Electrical, electronic equipment. Total Imports were valued at US$3.36 Trillion. In 2024, The United States had a trade deficit of US$1.29 Trillion.
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.