Economy of the United States by sector

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The economy of the United States is divided into economic sectors. The North American Industry Classification System (NAICS) was developed in 1997 and is used by the United States Census Bureau and U.S. Securities Exchange Commission (SEC).

## Economic Census

[edit]

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 2007.[2] The 2012 Economic Census is underway with the initial results to be available in December 2013.[3]

## Comparative statistics

[edit]

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.

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. Employees by sector in the United States economy in 1997, 2002, and 2007. Annual payroll per employee by sector in the United States economy in 1997, 2002, and 2007.

## 2002 statistics

[edit]

Sectors of the U.S. Economy in 2002 - firms with payroll - All Sector Totals[4]
Sector | Establishments | Sales, receipts, or
shipments ($1,000) | Annual payroll
($1,000) | Paid
employees

|
|
|
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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 (except public 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
Sales and employees by sector within the United States economy in 2002. | Sectors of the US economy ranked by number of sales, receipts, or shipments in the year 2002. Includes both employers and nonemployers

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## See also

[edit]

* Economy of the United States
* List of largest United States–based employers globally

## References

[edit]

1. ^ "Economic Census". Archived from the original on 2017-01-21. Retrieved 2024-10-01.
2. ^ "2007 Economic Census". Retrieved 2024-10-01.
3. ^ "2012 Economic Census". Retrieved 2024-10-01.
4. ^ "2002 Economic Census - Summary Statistics by 2002". NAICS. Retrieved 2024-10-01.

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See also
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Outline of the United States
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