U.S. Bureau of Labor Statistics

Employment Projections

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
Industry description	Sector	2007 NAICS	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
Source: Employment Projections program, U.S. Department of Labor, U.S. Bureau of Labor Statistics

Last Modified Date: February 01, 2012