Employment Projections

Industries with the largest output growth and declines

This table also can be found in the article, "Industry employment and output projections to 2022," published in the December 2013 Monthly Labor Review.

Other available formats: (XLS)

Table 2.6 Industries with the Largest Output Growth and Declines

Industry Description

Sector

2007 NAICS

Billions of Chained 2005 Dollars

Change

Compound Annual Rate of Change

2012

2022

2012—2022

2012—2022

Largest Growth

Wholesale trade

Wholesale trade

42

1,115.8

1,597.6

481.8

3.7

Retail trade

Retail trade

44, 45

1,271.3

1,747.5

476.2

3.2

Construction

Construction

23

773.8

1,160.1

386.2

4.1

Monetary authorities, credit intermediation, and related activities

Financial activities

521, 522

801.7

1,117.6

315.9

3.4

Real estate

Financial activities

531

977.8

1,286.4

308.5

2.8

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

Financial activities

523

468.7

742.4

273.6

4.7

Offices of health practitioners

Health care and social assistance

6211, 6212, 6213

576.7

818.2

241.5

3.6

Telecommunications

Information

517

559.8

780.3

220.5

3.4

Computer and peripheral equipment manufacturing

Manufacturing

3341

139.1

335.8

196.7

9.2

Computer systems design and related services

Professional and business services

5415

306.8

492.4

185.7

4.8

Management of companies and enterprises

Professional and business services

55

367.9

539.0

171.2

3.9

Hospitals, private

Health care and social assistance

622

535.5

683.3

147.8

2.5

Petroleum and coal products manufacturing

Manufacturing

324

422.5

544.3

121.8

2.6

Architectural, engineering, and related services

Professional and business services

5413

251.9

370.8

118.9

3.9

Food services and drinking places

Leisure and hospitality

722

491.6

605.1

113.6

2.1

General State and Local government except compensation and consumption of fixed capital

State and local government

NA

539.8

650.4

110.6

1.9

Insurance carriers

Financial activities

5241

412.1

511.8

99.6

2.2

Data processing, hosting, related services, and other information services

Information

518, 519

165.9

262.9

96.9

4.7

Motor vehicle manufacturing

Manufacturing

3361

241.4

335.7

94.2

3.4

Oil and gas extraction

Mining

211

320.5

410.9

90.4

2.5

Largest Declines

General Federal defense government compensation

Federal government

NA

239.2

199.5

-39.7

-1.8

General Federal defense government except compensation and consumption of fixed capital

Federal government

NA

285.7

257.6

-28.1

-1.0

General Federal non-defense government compensation

Federal government

NA

146.2

126.1

-20.1

-1.5

General Federal non-defense government except compensation and consumption of fixed capital

Federal government

NA

140.0

123.3

-16.8

-1.3

General Federal defense government consumption of fixed capital

Federal government

NA

87.4

72.9

-14.5

-1.8

General Federal non-defense government consumption of fixed capital

Federal government

NA

33.5

28.9

-4.6

-1.5

Textile mills and textile product mills

Manufacturing

313, 314

44.2

40.9

-3.3

-0.8

Postal Service

Federal government

491

56.7

53.7

-3.1

-0.6

Alumina and aluminum production and processing

Manufacturing

3313

62.0

60.7

-1.3

-0.2

Apparel manufacturing

Manufacturing

315

18.3

17.2

-1.1

-0.6

Leather and allied product manufacturing

Manufacturing

316

2.6

2.3

-0.2

-1.0

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

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Last Modified Date: December 19, 2013

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