Value added to U.S. GDP, by industry 2018

In 2018, the finance, real estate, insurance, rental, and leasing industry added the most value to the GDP to the United States in 2018. In that year, this industry added 4.23 trillion U.S. dollars to the national GDP.

Gross Domestic Product

Gross domestic product is a measure of how much a country produces in a certain amount of time. Countries with a high GDP tend to have large economies, for example, the United States. However, GDP does not take into consideration the cost of living and inflation rates, so it cannot be used to calculate the standard of living.

U.S. GDP

California added the largest amount of value to the real GDP of the U.S. in the first quarter of 2019. Following California was Texas and New York. In California, New York, and Texas, the finance, insurance, real estate, rental, and leasing industry added the most value to the state GDP. While the business sector added the highest value to the U.S. real GDP in 2018, it was the information industry that had the biggest percentage change in value added to the GDP between 2010 and 2018.

Value added to the Gross Domestic Product (GDP) of the United States of America in 2018, by industry

IndustryValue added in billion U.S. dollars
Finance, insurance, real estate, rental, and leasing 4,239.3
Professional and business services 2,576.2
Government 2,504.7
Manufacturing2,334.6
Educational services, health care, and social assistance1,780.3
Wholesale trade1,234
Retail trade1,132.5
Information1,125.9
Construction840
Arts, entertainment, recreation, accommodation, and food services839.1
Transportation and warehousing648
Other services, except government434.7
Mining321.1
Utilities319.4
Agriculture, forestry, fishing, and hunting164.2
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Sources

Release date

April 2019

Region

United States

Survey time period

2018

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