Antitrust Radar

BEA Industry Economic Accounts

U.S. Industry Output

Explore industry contributions to GDP and changes in real output. Current-dollar GDP shares are accounting measures, not shares of an antitrust market.

Source lines
100
20 compose GDP
Annual
29
1997-2025
Quarterly
85
2005 Q1-2026 Q1
Release
Q1 2026
2026-06-25
Frequency
View
Major-industry composition in Q1 2026Rectangle area represents current-dollar GDP share. Color and labels report share of current-dollar gdp.Real estate and rental and leasing: 13.6%; area 13.6% of GDPReal estate13.6%Government: 11.0%; area 11.0% of GDPGovernment11.0%Manufacturing: 9.4%; area 9.4% of GDPManufacturing9.4%Professional, scientific, and technical services: 8.1%; area 8.1% of GDPProfessional services8.1%Finance and insurance: 8.0%; area 8.0% of GDPFinance8.0%Health care and social assistance: 7.7%; area 7.7% of GDPHealth care7.7%Wholesale trade: 6.4%; area 6.4% of GDPWholesale6.4%Retail trade: 6.2%; area 6.2% of GDPRetail6.2%Information: 5.6%; area 5.6% of GDPInformation5.6%Construction: 4.3%; area 4.3% of GDPConstruction4.3%Transportation and warehousing: 3.3%; area 3.3% of GDPTransportation3.3%Accommodation and food services: 3.2%; area 3.2% of GDPAccommodation and food3.2%Administrative and waste management services: 3.1%; area 3.1% of GDPAdministrative services3.1%Other services, except government: 2.1%; area 2.1% of GDPOther services2.1%Management of companies and enterprises: 1.9%; area 1.9% of GDPCompany management1.9%Utilities: 1.5%; area 1.5% of GDPUtilities1.5%Mining: 1.4%; area 1.4% of GDPMining1.4%Arts, entertainment, and recreation: 1.2%; area 1.2% of GDPArts and recreation1.2%Educational services: 1.1%; area 1.1% of GDPEducation1.1%Agriculture, forestry, fishing, and hunting: 0.7%; area 0.7% of GDPAgriculture
Official sourceU.S. Bureau of Economic Analysis

BEA value added measures an industry's contribution to GDP. It is not sales, gross output, profit, a markup, market share, concentration, a legal antitrust market, or evidence of competitive harm or causation.

Source dossier

Composition ruleThe BEA table contains nested industries, cross-industry aggregates, and addenda. Only the 20 major-industry rows form the composition view; summing those rows with their children, parent aggregates, or addenda would double count activity.

Real-measure ruleCurrent-dollar value-added shares reflect both prices and quantities. Real value added uses chained 2017 dollars and is suitable for growth comparisons, but chained-dollar industry components are not additive. Quarterly levels are seasonally adjusted at annual rates, and quarterly growth and contribution measures retain BEA's published annualized convention.

1997-2025 annual composition

The industries changing their weight in GDP

Percentage-point shifts compare current-dollar GDP shares at two annual anchors. They reflect price and quantity change together and are not changes in market share.
01

Manufacturing

16.1% in 1997 to 9.4% in 2025

-6.7 pp
02

Professional services

5.8% in 1997 to 8.1% in 2025

+2.3 pp
03

Government

13.4% in 1997 to 11.2% in 2025

-2.2 pp
04

Real estate

12.1% in 1997 to 13.8% in 2025

+1.7 pp
05

Health care

6.0% in 1997 to 7.7% in 2025

+1.7 pp
06

Finance

6.7% in 1997 to 7.9% in 2025

+1.2 pp
07

Information

4.6% in 1997 to 5.5% in 2025

+0.9 pp
08

Retail

6.8% in 1997 to 6.2% in 2025

-0.6 pp
09

Administrative services

2.5% in 1997 to 3.1% in 2025

+0.6 pp
10

Accommodation and food

2.6% in 1997 to 3.2% in 2025

+0.6 pp

Exact classification bridges

Value-added context beside sector structure

These links use exact broad-sector NAICS identities shared by the BEA and current Census sector universe. Every source retains its own population, denominator, clock, and interpretation.
NAICS 11 / BEA 3AgricultureNAICS 21 / BEA 6MiningNAICS 22 / BEA 10UtilitiesNAICS 23 / BEA 11ConstructionNAICS 31-33 / BEA 12ManufacturingNAICS 42 / BEA 34WholesaleNAICS 44-45 / BEA 35RetailNAICS 48-49 / BEA 40TransportationNAICS 51 / BEA 49InformationNAICS 52 / BEA 55FinanceNAICS 53 / BEA 60Real estateNAICS 54 / BEA 66Professional servicesNAICS 55 / BEA 70Company managementNAICS 56 / BEA 71Administrative servicesNAICS 61 / BEA 75EducationNAICS 62 / BEA 76Health careNAICS 71 / BEA 82Arts and recreationNAICS 72 / BEA 85Accommodation and foodNAICS 81 / BEA 88Other services
Accounting context, never a competition score.BEA value added measures an industry's contribution to GDP. It is not sales, gross output, profit, a markup, market share, concentration, a legal antitrust market, or evidence of competitive harm or causation.Inspect relationship contract

Reading standard

Three rules for reading industry output

Use native accounting measures for the question they answer, and carry their construction into every comparison.
01

Value added is contribution to GDP

It equals gross output less intermediate inputs. It is not an industry's sales and does not double count intermediate production.

02

Current shares move with prices

A rising GDP share can reflect changing prices, quantities, or both. Use the real-growth view when the question is production volume.

03

Chained dollars do not sum cleanly

Real value-added levels support growth comparisons, but chained industry components are not additive. The composition map therefore uses current dollars.

U.S. Industry Output Observatory | Antitrust Radar