What Is The Number 1 Industry In America?

What are the main industries in the United States?

Economy of the United StatesStatisticsMain industriesPetroleum natural gas steel motor vehicles aerospace chemicals telecommunications electronics food processing pharmaceuticals consumer goods lumber mining defense equipment healthcare information technology construction retail real estate financial services40 more rows.

What are the top 5 industries in the US?

The 5 Industries Driving the U.S. EconomyHealth Care. The health sector helped the U.S. recover from the 2008 financial crisis. … Technology. The tech sector is a huge component of the U.S. economy, according to Cyberstates 2019, an annual analysis of the nation’s industry published by CompTIA. … Construction. … Retail. … Non-durable Manufacturing.

What is the biggest industry in the US?

Real Estate is the largest industry in the United States by revenue.

What is the #1 industry in the world?

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

What is the richest industry in America?

List of largest companies by revenueRankNameIndustry1WalmartRetail2AmazonRetail3ExxonMobilOil and Gas4AppleElectronics64 more rows

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…•

What are the 4 types of industries?

There are four types of industry. These are primary, secondary, tertiary and quaternary. Primary industry involves getting raw materials e.g. mining, farming and fishing. Secondary industry involves manufacturing e.g. making cars and steel.

What industry has the most money?

Money is flooding into these 10 industries that are adding jobs and thrivingTechnology. Forecasted revenue growth: 1.9 percent.Health. Forecasted revenue growth: 2.3 percent. … Energy. Forecasted revenue growth: 8.1 percent. … Media. Forecasted revenue growth: 1.8 percent. … Consumer retail. … Construction. … Hospitality. … Finance. … More items…•

What is the richest country in the world?

United StatesUnited States is the richest country in the world, and it has the biggest wealth gap. The United States led the world in growth of financial assets last year thanks to tax cuts and booming stock markets, but its distribution of wealth was more unequal than in any other country, according to a study published Wednesday.

What is the biggest company in the world 2020?

Top 5 Largest Public CompaniesApple Inc. is currently the biggest company in the world with a market cap of $1.172 trillion. … Microsoft Corporation is the second biggest company in the world with a market cap of $1.101 trillion. … Alphabet Inc. is the third biggest company in the world with a market cap of $902 billion.More items…•

Which industry will grow in 2020?

Fastest Growing Industries in the US in 2020Cough & Cold Medicine Manufacturing OTC. … 3D Printing & Rapid Prototyping Services. … Hydraulic Fracturing Services. … Autonomous Underwater Vehicle Manufacturing. … Stock & Commodity Exchanges in the US. … Medical & Recreational Marijuana Growing. … Massage Franchises.More items…

What industry makes the most millionaires?

Industries that produce the most Forbes billionaires worldwide:Finance and Investments: 267 billionaires (15% of worldwide total)Fashion and Retail: 221 billionaires (12% of worldwide total)Real Estate: 163 billionaires (9% of worldwide total)Technology: 159 billionaires (9% of worldwide total)More items…•

Which company is the richest?

As of 2018, the richest companies in the world, in terms of money earned during the previous fiscal year from sales and services, were Walmart stores, Sinopec, State Grid, China National Petroleum and Royal Dutch Shell (in this order).

What is the most powerful company in America?

JPMorgan Chase is the largest public company in the United States, according to the 17th annual Forbes Global 2000 list. The banking giant, which boasted $2.7 trillion in assets as of the 12 months ending on April 18, 2019, overtook Apple and Berkshire Hathaway to claim the top spot on the list.

What are the 11 sectors of the economy?

The 11 stock market sectors:Materials.Industrials.Financials.Energy.Consumer discretionary.Information technology.Communication services.Real estate.More items…•

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 Airport Operation. … Global Bakery Goods Manufacturing.More items…

What is US main source of income?

As shown in the above table, salaries and wages accounted by far for the largest source of Americans’ income: $6.3 trillion.