Question: What Are The Top 5 Industries In The US?

What are the top 10 industries in the United States?

The 10 Biggest Industries by Revenue in the USHealth & Medical Insurance in the US.

$1.056.8B.Hospitals in the US.

$934.8B.Pharmaceuticals Wholesaling.

$868.8B.Public Schools in the US.

$804.4B.New Car Dealers in the US.

$790.4B.Life Insurance & Annuities in the US.

$723.3B.Supermarkets & Grocery Stores in the US.

$681.9B.Commercial Banking in the US.

$681.6B.More items….

What are the 3 biggest industries in the world?

The 10 Global Biggest Industries by RevenueGlobal Oil & Gas Exploration & Production. … Global Commercial Real Estate. … Global Car & Automobile Sales. … Global Car & Automobile Manufacturing. $2,976,5B.Global Direct General Insurance Carriers. $2,535,2B.Global Commercial Banks. $2,341,0B.Global Auto Parts & Accessories Manufacturing. $1,872,8B.Global Tourism. $1,541,0B.More items…

What industry makes the most millionaires?

Source of wealthRankIndustry% of billionaires1TMT11.1%2Real estate9.1%3Manufacturing8.5%4Investments8.3%6 more rows•Mar 18, 2018

What company is the richest?

The richest company in the world today is Apple. Americans were thrilled when the announcement was made in August of 2018, that Apple had exceeded a market cap of a trillion dollars.

What did Trump do for the economy?

A key part of President Trump’s economic strategy during his first three years (2017–2019) was to boost economic growth via tax cuts and additional spending, both of which significantly increased federal budget deficits.

Which industries are booming?

The 10 Fastest Growing Industries in the USCough & Cold Medicine Manufacturing OTC. 68.8%3D Printing & Rapid Prototyping Services. 28.8%Hydraulic Fracturing Services. 27.8%Autonomous Underwater Vehicle Manufacturing. 26.7%Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises. … Medical & Recreational Marijuana Stores.More items…

What is the richest industry in the world?

List of largest companies by revenueRankNameIndustry1WalmartRetail2Sinopec GroupOil and gas3State GridElectricity48 more rows

What is the fastest growing industry in the world?

The 10 Global Fastest Growing IndustriesGlobal Respiratory Ventilator Manufacturing. 54.8%Global Sugar Manufacturing. 8.8%Global Military Shipbuilding & Submarines. 8.5%Global Public Relations Agencies. 6.3%Global Consumer Electronics Manufacturing. 6.2%Global Music Production and Distribution. 6.2%Global Pension Funds. 5.8%Global Airport Operation. 5.0%More items…

Why is US economy so strong?

The nation’s economy is fueled by abundant natural resources, a well-developed infrastructure, and high productivity.

What is America’s biggest export?

These are the top US exportsTop U.S. goods exports.Food, beverage and feed: $133 billion. … Crude oil, fuel and other petroleum products: $109 billion. … Civilian aircraft and aircraft engines: $99 billion. … Auto parts, engines and car tires: $86 billion. … Industrial machines: $57 billion.Passenger cars: $53 billion. … Pharmaceuticals: $51 billion.More items…•

Which is the best business in USA?

30 Best Business Ideas for the USA – 2020 and BeyondE-Commerce distribution center for small business. … Retail & Distribution Consulting. … International Trade Consulting Company. … Personal CyberSecurity Software Company. … Small Business CyberSecurity Software Company. … Security Company (Drone powered)More items…

What are the top five industries in the US?

The 5 Industries Driving the U.S EconomyHealth Care. The health sector has helped the United States to recover from the financial crisis of 2007 to 2008. … Technology. … Construction. … Retail. … Nondurable Manufacturing.

What industry makes the most money in the US?

Most Profitable Industries in the US in 2020Commercial Banking in the US. $165.6B.Commercial Leasing in the US. … Life Insurance & Annuities in the US. … Portfolio Management in the US. … Health & Medical Insurance in the US. … Software Publishing in the US. … Private Equity, Hedge Funds & Investment Vehicles in the US. … Regional Banks.More items…

What is the #1 industry in the world?

(Its Twitter bio reminds us that tourism is “one of the world’s largest industries.”) It provides a yearly assessment (pdf) of the tourism and travel industries based on the the standard satellite accounting system.

What is the number 1 industry in America?

Which Are The Biggest Industries In The United States?RankIndustry% of total GDP1Real estate, renting, leasing13%2State and Local Government9%3Finance and insurance8%4Health/social care8%15 more rows•Aug 1, 2017

What industry has the most money?

Highest-Paying IndustriesHighest Paying Industries Sort by: Wages: High to Low Wages: Low to High Industry: A to Z Industry: Z to ARankIndustryAverage Annual Wages1Portfolio Management$288,7792Investment Banking and Securities Dealing$279,4803Electronic Computer Manufacturing$246,4197 more rows

What are the major industries in us?

Automotive industryFood industryPharmaceutical PreparationIndustrial Organic Chemicals, NECUnited States/Major exports

What is the fastest growing industry in America?

The computer industry, broadly, remains the fastest-growing sector of the economy and is predicted to stay strong in the coming years. Construction-related industries also show a high degree of growth as the real estate market continues to expand.

What is the biggest company in the world 2020?

Top 10 World’s Largest Companies in 2020Walmart – $482.1 billion. … State Grid Corporation of China – $330 billion. … China National Petroleum Corporation – $299 billion. … Sinopec Group – $294 billion. … Royal Dutch Shell – $272 billion. … Exxon Mobil – $246 billion. … Volkswagen – $230 billion. … Toyota Motor – $237 billion.More items…•

What are the most stable industries?

Public Administration. Public-sector jobs often have a reputation for being secure ones, and with good reason. … Manufacturing. Indicators of the manufacturing sector’s health have stabilized in recent years, and the sector shows it. … Transportation and Warehousing. … Wholesale Trade. … Finance and Insurance.