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| Economy of the United States |
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Economy by state |
Theeconomy of the United States is divided intoeconomic sectors. TheNorth American Industry Classification System (NAICS) was developed in 1997 and is used by theUnited States Census Bureau andU.S. Securities Exchange Commission (SEC).
The United States Census Bureau currently conducts a comprehensive Economic Census[1] every five years. The results of this survey are tabulated according to the NAICS and provide statistics about the U.S. economy. The most recent data are from 2022.[2] All remaining data releases from the 2022 Economic Census will be completed by March 2026.[3]
The Census Bureau releases sector-by-sector statistics on the number of establishments, total business activity, annual payroll, and number of paid employees. A standardized classification of the economy into sectors makes it possible to compare census results over time. However, to reflect the evolving nature of the economy, the NAICS is updated every five years. Therefore, when comparing different censuses, a particular NAICS basis is usually specified. The following data are based on a comparison of the 2007 and 2002 censuses using the 2002 NAICS basis and an older comparison of the 1997 and 2002 censuses using the older 1997 NAICS basis. Thus, (*) the 1997 data are based on a slightly different classification than the 2007 and 2002 data.
| Sector | Establishments | Sales, receipts, or shipments ($1,000) | Annual payroll ($1,000) | Paid employees |
|---|---|---|---|---|
| Mining | 24,087 | 182,911,093 | 21,173,895 | 477,840 |
| Utilities | 17,103 | 398,907,044 | 42,417,830 | 663,044 |
| Construction | 710,307 | 1,196,555,587 | 254,292,144 | 7,193,069 |
| Manufacturing | 350,828 | 3,916,136,712 | 576,170,541 | 14,699,536 |
| Wholesale trade | 435,521 | 4,634,755,112 | 259,653,080 | 5,878,405 |
| Retail trade | 1,114,637 | 3,056,421,997 | 302,113,581 | 14,647,675 |
| Transportation &warehousing | 199,618 | 382,152,040 | 115,988,733 | 3,650,859 |
| Information | 137,678 | 891,845,956 | 194,670,163 | 3,736,061 |
| Finance &insurance | 440,268 | 2,803,854,868 | 377,790,172 | 6,578,817 |
| Real estate &rental &leasing | 322,815 | 335,587,706 | 60,222,584 | 1,948,657 |
| Professional, scientific, & technical services | 771,305 | 886,801,038 | 376,090,052 | 7,243,505 |
| Management of companies & enterprises | 49,308 | 107,064,264 | 178,996,060 | 2,605,292 |
| Administrative & support &waste management & remediation service | 350,583 | 432,577,580 | 206,439,329 | 8,741,854 |
| Educational services | 49,319 | 30,690,707 | 10,164,378 | 430,164 |
| Health care &social assistance | 704,526 | 1,207,299,734 | 495,845,829 | 15,052,255 |
| Arts, entertainment, &recreation | 110,313 | 141,904,109 | 45,169,117 | 1,848,674 |
| Accommodation &food services | 565,590 | 449,498,718 | 127,554,483 | 10,120,951 |
| Other services (exceptpublic administration) | 537,576 | 307,049,461 | 82,954,939 | 3,475,310 |
| Totals | 6,891,382 | 21,362,013,726 | 3,727,706,910 | 108,991,968 |
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