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.

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 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.

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 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.

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.

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.

In 2023, the GDP of Rhode Island totaled around 63.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 15.24 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.57 billion U.S. dollars to the state's real GDP.

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.

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.

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.

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.

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 2021, the agriculture sector contributed around 0.94 percent to the Gross Domestic Product (GDP) of the United States. In that same year, 17.61 percent came from industry, and the service sector contributed the most to the GDP, at 76.4 percent.

In 2023, the mining, quarrying, and oil and gas extraction industry added about 730 million chained 2017 U.S. dollars of value to New York's GDP. Total real GDP amounted to about 1.79 trillion chained 2017 U.S. dollars. In 2023, the per capita personal income in New York was 82,323 current U.S. dollars.

In 2023, the GDP of New Mexico amounted to around 110.32 billion U.S. dollars. The government and government enterprises industry added the most real value to the gross domestic product of the state, amounting to around 24.72 billion U.S. dollars. Comparatively, the manufacturing industry contributed around 4.2 billion U.S. dollars worth of value to the state's real GDP.

In the wake of COVID-19 and associated lockdowns, businesses in the finance and insurance industry saw a 14 percent increase in revenues when comparing the revenues generated between April 2020 to March 2021 with revenues generated between April 2019 to March 2020. Industries that saw the greatest loss in revenue during this time period can be found here.

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 GDP of Vermont totaled around 35.24 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 6.58 billion U.S. dollars. Comparatively, the construction industry contributed around 1.06 billion U.S. dollars in value to the state's real 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.