Industries with the fastest growing and most rapidly declining output
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 2.5 Industries with the fastest growing and most rapidly declining output
Industry description |
Sector |
2007 NAICS |
Billions of chained
2005 dollars |
Change |
Annual rate of change |
2010 |
2020 |
2010-20 |
2010-20 |
Fastest growing |
Computer and peripheral equipment manufacturing |
Manufacturing |
3341 |
132.3 |
513.0 |
380.7 |
14.5 |
Software publishers |
Information |
5112 |
156.9 |
368.2 |
211.3 |
8.9 |
Semiconductor and other electronic component manufacturing |
Manufacturing |
3344 |
143.8 |
290.0 |
146.1 |
7.3 |
Computer systems design and related services |
Professional and business services |
5415 |
258.5 |
466.5 |
208.0 |
6.1 |
Data processing, hosting, related services, and other information services |
Information |
518, 519 |
168.2 |
303.2 |
135.0 |
6.1 |
Communications equipment manufacturing |
Manufacturing |
3342 |
62.8 |
105.7 |
42.8 |
5.3 |
Lessors of nonfinancial intangible assets (except copyrighted works) |
Financial activities |
533 |
134.1 |
219.6 |
85.5 |
5.1 |
Management of companies and enterprises |
Professional and business services |
55 |
318.8 |
494.7 |
175.8 |
4.5 |
Securities, commodity contracts, and other financial investments and related activities |
Financial activities |
523 |
410.7 |
636.6 |
226.0 |
4.5 |
Home health care services |
Health care and social assistance |
6216 |
48.7 |
74.4 |
25.7 |
4.3 |
Agriculture, construction, and mining machinery manufacturing |
Manufacturing |
3331 |
47.8 |
72.5 |
24.7 |
4.3 |
Telecommunications |
Information |
517 |
511.3 |
774.7 |
263.4 |
4.2 |
Manufacturing and reproducing magnetic and optical media |
Manufacturing |
3346 |
7.3 |
11.1 |
3.7 |
4.2 |
Couriers and messengers |
Transportation and Warehousing |
492 |
73.9 |
110.9 |
37.0 |
4.1 |
Commercial and service industry machinery manufacturing |
Manufacturing |
3333 |
21.0 |
31.2 |
10.1 |
4.0 |
Railroad rolling stock manufacturing |
Manufacturing |
3365 |
10.6 |
15.7 |
5.1 |
4.0 |
Outpatient, laboratory, and other ambulatory care services |
Health care and social assistance |
6214, 6215, 6219 |
146.1 |
215.5 |
69.4 |
4.0 |
Scenic and sightseeing transportation and support activities for transportation |
Transportation and Warehousing |
487, 488 |
63.1 |
93.0 |
29.9 |
4.0 |
Management, scientific, and technical consulting services |
Professional and business services |
5416 |
166.7 |
242.9 |
76.1 |
3.8 |
Employment services |
Professional and business services |
5613 |
157.7 |
229.3 |
71.6 |
3.8 |
Construction |
Construction |
23 |
814.7 |
1,183.3 |
368.7 |
3.8 |
Automotive equipment rental and leasing |
Financial activities |
5321 |
49.7 |
72.0 |
22.3 |
3.8 |
Other chemical product and preparation manufacturing |
Manufacturing |
3259 |
47.3 |
68.4 |
21.1 |
3.8 |
Most Rapidly declining |
Apparel knitting mills |
Manufacturing |
3151 |
14.8 |
7.1 |
-7.7 |
-7.1 |
Leather and hide tanning and finishing, and other leather and allied product manufacturing |
Manufacturing |
3161, 3169 |
4.4 |
3.2 |
-1.3 |
-3.3 |
General Federal non-defense government compensation |
Federal government |
NA |
147.0 |
128.7 |
-18.3 |
-1.3 |
General Federal non-defense government consumption of fixed capital |
Federal government |
NA |
31.3 |
27.4 |
-3.9 |
-1.3 |
Fiber, yarn, and thread mills |
Manufacturing |
3131 |
44.1 |
39.9 |
-4.2 |
-1.0 |
General Federal non-defense government except compensation and consumption of fixed capital |
Federal government |
NA |
138.5 |
127.2 |
-11.3 |
-0.8 |
Postal Service |
Federal government |
491 |
62.0 |
57.5 |
-4.6 |
-0.8 |
General Federal defense government compensation |
Federal government |
NA |
241.6 |
225.0 |
-16.5 |
-0.7 |
General Federal defense government consumption of fixed capital |
Federal government |
NA |
83.1 |
77.4 |
-5.7 |
-0.7 |
General Federal defense government except compensation and consumption of fixed capital |
Federal government |
NA |
288.6 |
272.0 |
-16.6 |
-0.6 |
General State government hospitals compensation |
State and local government |
NA |
29.7 |
28.2 |
-1.5 |
-0.5 |
Tobacco manufacturing |
Manufacturing |
3122 |
54.3 |
52.0 |
-2.2 |
-0.4 |
Fishing, hunting and trapping |
Agriculture, forestry, fishing and hunting |
114 |
6.3 |
6.1 |
-0.2 |
-0.3 |
|
|
Back to top
Last Modified Date: February 01, 2012
|
