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 2024," published in the December 2015 Monthly Labor Review.

Other available formats: (XLSX)

Table 2.5 Industries with the Fastest Growing and Most Rapidly Declining Output

Industry Description

Sector

2012 NAICS

Billions of Chained 2009 Dollars

Change

Compound Annual Rate of Change

2014

2024

2014–24

2014–24

Fastest Growing

Software publishers

Information

5111

195.2

308.5

113.3

4.7

Wireless telecommunications carriers (except satellite)

Information

5172

288.8

433.7

144.9

4.2

Satellite, telecommunications resellers, and all other telecommunications

Information

5174, 5179

42.3

63.4

21.0

4.1

Computer and peripheral equipment manufacturing

Manufacturing

3341

74.2

105.1

31.0

3.5

Other miscellaneous manufacturing

Manufacturing

3399

78.0

108.8

30.8

3.4

Securities, commodity contracts, and other financial investments and related activities

Financial activities

523

403.1

561.1

158.0

3.4

Lessors of nonfinancial intangible assets (except copyrighted works)

Financial activities

533

152.7

212.1

59.4

3.3

Medical equipment and supplies manufacturing

Manufacturing

3391

109.0

151.1

42.1

3.3

Offices of other health practitioners

Health care and social assistance

6213

89.3

123.3

34.0

3.3

Home health care services

Health care and social assistance

6216

74.2

101.7

27.5

3.2

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

550.2

753.0

202.8

3.2

Medical and diagnostic laboratories

Health care and social assistance

6215

49.7

68.0

18.3

3.2

Offices of physicians

Health care and social assistance

6211

431.2

589.9

158.7

3.2

Other ambulatory health care services

Health care and social assistance

6219

40.5

55.3

14.8

3.2

Outpatient care centers

Health care and social assistance

6214

100.8

136.9

36.1

3.1

Hospitals; private

Health care and social assistance

622

682.2

920.6

238.4

3.0

Computer systems design and related services

Professional and business services

5415

350.8

470.0

119.2

3.0

Petroleum and coal products manufacturing

Manufacturing

324

515.9

689.9

174.0

2.9

General Merchandise stores

Retail trade

452

190.5

254.0

63.5

2.9

Funds, trusts, and other financial vehicles

Financial activities

525

106.8

142.1

35.4

2.9

Most Rapidly Declining

Tobacco manufacturing

Manufacturing

3122

50.0

44.6

-5.3

-1.1

Postal service

Federal government

NA

61.7

57.2

-4.6

-0.8

Federal defense government compensation

Federal government

NA

220.5

212.0

-8.5

-0.4

Federal defense government consumption of fixed capital

Federal government

NA

154.8

148.8

-6.0

-0.4

Federal non-defense government compensation

Federal government

NA

148.0

144.7

-3.3

-0.2

Federal non-defense government consumption of fixed capital

Federal government

NA

95.1

93.0

-2.1

-0.2

Federal defense government except compensation and consumption of fixed capital

Federal government

NA

221.5

220.9

-0.6

0.0

Source: Employment Projections program, U.S. Bureau of Labor Statistics

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Last Modified Date: December 8, 2015

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