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Number of establishments by sector in the United States economy in 1997, 2002, and 2007. Value of sales, shipments, receipts, revenue, or business done by sector in the United States economy in 1997, 2002, and 2007. Annual payroll by sector in the United States economy in 1997, 2002, and 2007.
Manufacturing is a vital economic sector in the United States of America. [1] The United States is the world's second-largest manufacturer after the People's Republic of China with a record high real output in 2021 of $2.5 trillion. [2] As of December 2016, the U.S. manufacturing industry employed 12.35 million people.
The COVID-19 recession proved to be the shortest recession in US history but had the largest GDP decline since the 1945 recession. [19] The short-term economic effects of the COVID-19 pandemic included supply chain shortages , the collapse of many service and hospitality industries, and a dramatic rise in unemployment.
Walmart is still on top as the largest U.S. company, but Amazon is fast on its heels. The e-commerce leader has more than doubled its top line since 2019 to climb into second place.
Industries are ranked by the percent change in job openings from June 2023 to 2024 and are listed from the largest decreases to the largest increases. Monthly data is preliminary.
The 1860s were a period of growing protectionism in the United States, while the European free trade phase lasted from 1860 to 1892. The tariff average rate on imports of manufactured goods in 1875 was from 40% to 50% in the United States, against 9% to 12% in continental Europe at the height of free trade. [44]
The biggest industries in the world run the economy and create billions of jobs worldwide. In the past […] In this article, we are going to list the 10 Biggest Industries in the World in 2021 ...
The list excludes large privately held companies such as Cargill and Koch Industries whose financial data is not necessarily available to the public. However, this list does include several government-sponsored enterprises that were created by acts of Congress and later became publicly traded.