Industries with the largest output growth and declines

This table also can be found in the article, "Industry employment and output projections to 2020," published in the January 2012 Monthly Labor Review.

Also available as: [XLS]
Table 2.6 Industries with the largest output growth and declines

Industry description

Sector

2007 NAICS

Billions of chained
2005 dollars

Change

Annual rate of change

2010

2020

2010-20

2010-20

Largest growth

Retail trade

Retail trade

44, 45

1,165.0

1,671.0

506.0

3.7

Wholesale trade

Wholesale trade

42

1,176.4

1,648.9

472.5

3.4

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

917.0

1,303.3

386.3

3.6

Computer and peripheral equipment manufacturing

Manufacturing

3341

132.3

513.0

380.7

14.5

Construction

Construction

23

814.7

1,183.3

368.7

3.8

Real estate

Financial activities

531

1,016.8

1,334.2

317.3

2.8

Telecommunications

Information

517

511.3

774.7

263.4

4.2

Securities, commodity contracts, and other financial investments and related activities

Financial activities

523

410.7

636.6

226.0

4.5

Software publishers

Information

5112

156.9

368.2

211.3

8.9

Computer systems design and related services

Professional and business services

5415

258.5

466.5

208.0

6.1

Offices of health practitioners

Health care and social assistance

6211, 6212, 6213

513.4

692.7

179.2

3.0

Management of companies and enterprises

Professional and business services

55

318.8

494.7

175.8

4.5

Semiconductor and other electronic component manufacturing

Manufacturing

3344

143.8

290.0

146.1

7.3

Data processing, hosting, related services, and other information services

Information

518, 519

168.2

303.2

135.0

6.1

Food services and drinking places

Leisure and hospitality

722

480.6

615.3

134.7

2.5

Hospitals

Health care and social assistance

622

508.3

637.7

129.4

2.3

General State and Local government except compensation and consumption of fixed capital

State and local government

NA

534.9

656.1

121.2

2.1

Insurance carriers

Financial activities

5241

440.6

545.6

105.0

2.2

Petroleum and coal products manufacturing

Manufacturing

324

440.5

542.6

102.0

2.1

Architectural, engineering, and related services

Professional and business services

5413

263.8

365.6

101.8

3.3

Largest declines

General Federal non-defense government compensation

Federal government

NA

147.0

128.7

-18.3

-1.3

General Federal defense government except compensation and consumption of fixed capital

Federal government

NA

288.6

272.0

-16.6

-0.6

General Federal defense government compensation

Federal government

NA

241.6

225.0

-16.5

-0.7

General Federal non-defense government except compensation and consumption of fixed capital

Federal government

NA

138.5

127.2

-11.3

-0.8

Apparel knitting mills

Manufacturing

3151

14.8

7.1

-7.7

-7.1

General Federal defense government consumption of fixed capital

Federal government

NA

83.1

77.4

-5.7

-0.7

Postal Service

Federal government

491

62.0

57.5

-4.6

-0.8

Fiber, yarn, and thread mills

Manufacturing

3131

44.1

39.9

-4.2

-1.0

General Federal non-defense government consumption of fixed capital

Federal government

NA

31.3

27.4

-3.9

-1.3

Tobacco manufacturing

Manufacturing

3122

54.3

52.0

-2.2

-0.4

General State government hospitals compensation

State and local government

NA

29.7

28.2

-1.5

-0.5

Leather and hide tanning and finishing, and other leather and allied product manufacturing

Manufacturing

3161, 3169

4.4

3.2

-1.3

-3.3

Fishing, hunting and trapping

Agriculture, forestry, fishing and hunting

114

6.3

6.1

-0.2

-0.3

Source: Employment Projections program, U.S. Department of Labor, U.S. Bureau of Labor Statistics

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Last Modified Date: February 01, 2012