2024: 5 Industries That Help Drive the U.S. Economy

[rcjordan]

Health Care
The Bureau of Labor Statistics:  In 2024, healthcare spending represented 17.7% of the GDP.

Real Estate
In 2024, the real estate industry accounted for 13.8% of the GDP.

Technology
The technology sector contributed nearly $2 trillion to the U.S. GDP in 2024, accounting for approximately 8.9%.


Finance and Insurance
The finance and insurance sector accounted for 7.4% of the GDP in 2024.


Construction
In 2024, construction contributed 4.5% to the U.S. GDP.

Total: 52.3%



https://www.investopedia.com/articles/investing/042915/5-industries-driving-us-economy.asp

[ergophobe]

>> healthcare

We better hope some of that trillion in AI savings lands here.

The US is a hospital that sells ads.

>> technology sector

It always confuses me that when a magazine sells ads, that's the publishing sector, but when a search engine or next-gen bulletin board sells ads, that's the technology sector.

https://www.stlouisfed.org/on-the-economy/2024/oct/rise-digital-advertising-economic-implications