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.

The size of the North America Industrial Manufacturing Industry market was valued at USD 58.35 Million in 2023 and is projected to reach USD 91.39 Million by 2032, with an expected CAGR of 6.62% during the forecast period. The North American industrial manufacturing industry is a cornerstone of economic growth, driving innovation and productivity across sectors. This industry encompasses a wide range of operations, including automotive, aerospace, electronics, machinery, and chemicals, each adapting to changing market demands and technological advancements. As of recent years, digital transformation has become pivotal, with companies increasingly adopting Industry 4.0 technologies like the Internet of Things (IoT), artificial intelligence (AI), robotics, and big data analytics. These innovations are enabling manufacturers to enhance efficiency, reduce costs, and improve production flexibility. A significant trend is the shift towards sustainable practices and renewable energy sources, partly driven by regulatory pressures and the growing emphasis on corporate social responsibility (CSR). Manufacturers are focusing on energy-efficient processes, circular economy principles, and low-emission manufacturing, aiming to meet environmental, social, and governance (ESG) standards. The supply chain disruptions, especially during the COVID-19 pandemic, underscored the need for resilience and prompted investments in supply chain diversification, automation, and local sourcing to mitigate risks. Recent developments include: June 2023: Honeywell, an American global company, and LG CNS are collaborating further to increase smart factories' production efficiency and security. Through this collaboration, the two companies will expand cooperation in building smart factories at home and abroad and strengthen OT (Operating Technology) security, which monitors the production process in real-time and remotely controls facilities., March 2023: LG Energy Solution announced an investment of around KRW 7.2 trillion (USD 5.5 billion) in building a battery manufacturing hub in Queen Creek, Arizona. This hub will include two facilities: one for making cylindrical batteries for electric vehicles (EVs) and another for producing lithium iron phosphate (LFP) pouch-type batteries for energy storage systems (ESS)., October 2022: Emerson announced the evolution of Plantweb, a digital ecosystem incorporating the AspenTech portfolio of asset optimization software powered by industrial artificial intelligence, creating the industry's most comprehensive digital transformation portfolio. Moreover, its Plantweb digital ecosystem, optimized by AspenTech, enables industrial manufacturers across all sectors to "See, Decide, Act, and Optimize" their operations.. Key drivers for this market are: Increasing Demand for Automation to Achieve Efficiency and Quality, Need for Compliance and Government Support for Digitization; Proliferation of Internet of Things. Potential restraints include: Concerns Regarding Data Security, High Initial Installation Costs and Lack of Skilled Workforce Preventing Enterprises from Full-scale Adoption. Notable trends are: Robotics is Expected to Witness Significant Growth.

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.

This graph shows the GDP of the San Francisco Bay Area in 2022, by industry. In 2022, the GDP of the San Francisco metro area amounted to about 654.73 billion U.S. dollars. About 68.02 billion U.S. dollars were generated in the manufacturing industries. The overall quarterly GDP growth in the United States can be found here. The San Francisco Bay Area’s GDP The San Francisco Bay Area, commonly known as the Bay Area, is a metropolitan region that surrounds the San Francisco and San Pablo estuaries in Northern California. The region encompasses metropolitan areas such as San Francisco-Oakland (12th largest in the country), San Jose (31st largest in the country), along with smaller urban and rural areas. Overall, the Bay Area consists of nine counties, 101 cities, and 7,000 square miles. The nine counties are Alameda, Contra Costa, Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma. The United States Census Bureau considers the Bay Area a Combined Statistical Area (CSA) with approximately 7.4 million people, including the nine counties bordering San Francisco Bay as well as Santa Cruz and San Benito Counties, making it the sixth largest CSA in the United States.

In the ten year period between 2001 and 2011, the Bay Area saw its GDP grow considerably. In 2001, GDP was 239 billion U.S. dollars. This value rose to 347 billion U.S. dollars by 2011. Additionally, California ranked first on a list of U.S. states by GDP, with two trillion U.S. dollars of GDP in 2012. Silicon Valley, located in the Bay Area, is in great part responsible for the Bay Area’s and California’s high GDPs, as it is known as the center of the global technology industry. Companies like Google, Facebook, eBay and Apple are headquartered there.

With the phone book era far in the past, database and directory publishers have been forced to transform their business approach, focusing on their digital presence. Despite many publishers rapidly moving away from print services, they are experiencing immovable competition from online search engines and social media platforms within the digital space, negatively affecting revenue growth potential. Industry revenue has been eroding at a CAGR of 4.4% over the past five years and in 2024, a 3.9% drop has led to the industry revenue totaling $4.4 billion. Profit continues to drop in line with revenue, accounting for 4.7% of revenue as publishers invest more in their digital platforms. Interest in printed directories has disappeared as institutional clients and consumers have continued their shift to convenient online resources. Declining demand for print advertising has curbed revenue growth and online revenue has only slightly mitigated this downturn. Though many traditional publishers, such as Yellow Pages, now operate under parent companies with digital resources, directory publishers remain low on the list of options businesses have to choose from in digital advertising. Due to the convenience and connectivity that Facebook and Google services offer, traditional directory publishers have a limited ability to compete. Many providers have rebranded and tailored their services toward client needs, though these efforts have only had a marginal impact on revenue growth. The industry is forecast to decline at an accelerated CAGR of 5.2% over the next five years, reaching an estimated $3.4 billion in 2029, as businesses and consumers continually turn to digital alternatives for information and advertising opportunities. As AI and digital technology innovation expands, social media company products will likely improve at a faster rate than the digital offerings that directory publishers can provide. Though these companies will seek external partnerships to cut costs, they face an uphill battle to boost their visibility and reverse consumer habit trends.

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.

The United States Industrial Sensors Market is Segmented by Connectivity (Wired Solutions, Wireless Solutions) by Type (Flow Sensors, Temperature Sensors, Level Sensors, Pressure Sensors, Gas Sensors). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

The IT Service in the USA is Segmented by Type (IT Consulting and Implementation, IT Outsourcing, Business Process Outsourcing), End-User (Manufacturing, Government, BFSI, Healthcare, Retail and Consumer Goods, Logistics). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

United States (US) Industrial Pulley Market is expected to grow during 2025-2031

Expert industry market research on the Fast Food Restaurants in the US (2005-2031). Make better business decisions, faster with IBISWorld's industry market research reports, statistics, analysis, data, trends and forecasts.

The Report Covers US Hospitality Industry Trends, Overview and the Market is Segmented by Type (Chain Hotels and Independent Hotels) and Segment (Service Apartments, Budget and Economy Hotels, Mid and Upper Mid-Scale Hotels, and Luxury Hotels)

Revenue from the sales of industrial fasteners in the United States has been projected at US$ 16.2 billion for 2024 and is forecasted to increase at a CAGR of 4.7% to end up at US$ 25.4 billion by 2034.

United States (US) Industrial Brakes And Clutches Market is expected to grow during 2025-2031

This statistic shows the projected number of firms in the manufacturing industry in the United States in 2019 and 2026, by size of firm. By 2026, the manufacturing industry in the U.S. is projected to have 383 companies each employing over 10,000 people.

U.S. ENDPOINT SECURITY MARKET valued USD 6.7 Billion in 2024 and is projected to surpass USD 16.6 Billion through 2032

The US Health Information Exchange Market report segments the industry into By Implementation Model (Centralized/Consolidated Models, Decentralized/Federated Models, Hybrid Model), By Setup Type (Private, Public), By Application (Internal Interfacing, Secure Messaging, Workflow Management, Web Portal Development, and more), By Exchange Type (Direct Exchange, Query-based Exchange, Consumer-mediated Exchange), and By Component.

US food service market size reached USD 1,515.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 2,613.0 Billion by 2033, exhibiting a growth rate (CAGR) of 6.24% during 2025-2033. The increasing demand for automation in the kitchen, digital menus, and other innovations that can enhance efficiency and customer experience, is driving the market.

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on sector, system, and type of restaurant.

U.S. industrial microwave heating equipment market will maintain a 5.7% CAGR, resulting in a market size of USD 297.22 Million by the conclusion of 2032.

Strong returns in various financial markets and increased trading volumes have benefited businesses in the industry. Companies provide underwriting, brokering and market-making services for different financial instruments, including bonds, stocks and derivatives. Businesses benefited from improving macroeconomic conditions despite high inflationary economic environment. However, in 2024, the Fed slashed interest rates as inflationary pressures eased , limiting interest income from fixed-income securities for the industry. The Fed seeks to further cut interest rates but will monitor inflation, employment, the effects of tariffs and other economic factors before making further rate cut decisions. Overall, revenue has been growing at a CAGR of 7.0% over the past five years and is expected to total $456.6 billion in 2025, with revenue expected to decline 0.9% in the same year. In addition, industry profit is expected to climb to 13.0% over the five years to 2025. While many industries struggled at the onset of the period due to economic disruptions due to the pandemic and supply chain issues, businesses benefited from the volatility. Primarily, companies have benefited from increased trading activity on behalf of their clients due to fluctuations in asset prices. This has led to higher trade execution fees for firms at the onset of the period. Similarly, debt underwriting increased as many businesses have turned to investment bankers to help raise cash for various ventures. Also, improved scalability of operations, especially regarding trading services conducted by securities intermediates, has helped increase industry profits. Structural changes have forced the industry's smaller businesses to evolve. Because competing in trading services requires massive investments in technology and compliance, boutique investment banks have alternatively focused on advising in merger and acquisition (M&A) activity. Boutique investment banks' total share of M&A revenue is forecast to grow through the end of 2030. Furthermore, the industry will benefit from improved macroeconomic conditions as inflationary pressures are expected to ease. This will help asset values rise and interest rate levels to be cut, thus allowing operators to generate more from equity underwriting and lending activities. Overall, revenue is forecast to grow at a CAGR of 2.2% to $507.9 billion over the five years to 2030.

The United States Managed Services Market Analysis Report is Segmented by Deployment Type (On-Premise and Cloud), Type (Managed Data Center, Managed Security, Managed Communications, Managed Network, Managed Infrastructure, and Managed Mobility), Enterprise Size (Small and Medium Enterprises and Large Enterprises), and End-User Vertical (BFSI, IT and Telecom, Healthcare, Entertainment and Media, Retail, Manufacturing, Government, and Other End-User Verticals). The US Managed Services Industry Trends, Size, Market Statistics and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.