Antitrust Radar

Economy-wide observatory

U.S. industry concentration atlas

How concentrated each U.S. industry is, from broad sectors down to detailed lines of business, with each industry's sales, value of shipments, or revenue, and employment from the Census Bureau. Census categories are statistical groupings and are not necessarily antitrust markets.

899Detailed industriessix-digit NAICS679Published HHI220 withheld68Top decileHHI >= 1,081$50.3TRevenue represented2022 Census

Sector signal plane

Where sector medians sit in the Census universe

17 sectorscircle = detailed rowsOpen priority list
Sector median HHI and CR4 signal planeSeventeen Census sectors plotted by median detailed-industry HHI and median CR4, with screen, watch, and priority review HHI regions. Circle size represents the number of detailed industries. Each point links to the filtered industry atlas.Median detailed-industry HHIMedian CR4 (%)Mining, quarrying, and oil and gas extraction: median HHI 559.2; median CR4 43.7% across 21 detailed industries.21Utilities: median HHI 615.9; median CR4 41.6% across 14 detailed industries.22Construction: median HHI 19.4; median CR4 6.4% across 31 detailed industries.Manufacturing: median HHI 439.3; median CR4 38.5% across 346 detailed industries.Wholesale trade: median HHI 360.8; median CR4 29.9% across 69 detailed industries.Retail trade: median HHI 133.9; median CR4 32.8% across 57 detailed industries.Transportation and warehousing: median HHI 277.4; median CR4 40% across 54 detailed industries.Information: median HHI 638.2; median CR4 45.6% across 29 detailed industries.51Finance and insurance: median HHI 405.8; median CR4 31% across 29 detailed industries.Real estate and rental and leasing: median HHI 116.9; median CR4 29.4% across 24 detailed industries.Professional, scientific, and technical services: median HHI 94.9; median CR4 17.8% across 48 detailed industries.Administrative and support and waste management and remediation services: median HHI 182; median CR4 23.5% across 44 detailed industries.Educational services: median HHI 75.6; median CR4 15% across 14 detailed industries.Health care and social assistance: median HHI 35.8; median CR4 8.4% across 39 detailed industries.Arts, entertainment, and recreation: median HHI 192.2; median CR4 21.2% across 25 detailed industries.Accommodation and food services: median HHI 15; median CR4 8% across 15 detailed industries.Other services (except public administration): median HHI 54.3; median CR4 12.8% across 40 detailed industries.
Below 100100-299300-499500+
Priority review / NAICS 51Information
Median HHI638.2Median CR445.6%Sector rank1 / 17Top-decile industries4 / 29

13.8% of detailed industries in this sector fall in the national HHI top decile.

Open sector evidence

NAICS hierarchy navigator

Move through the official industry classification

Select any branch to carry its detailed-industry scope into the concentration plane, economy map, and evidence directory below.

Current branchFinance and insuranceSector / level 2 of 6
Detailed descendants29Six-digit records in scope
Published HHI93.1%27 published / 2 withheld
Revenue$5.9TExact Census hierarchy row

Direct subsector records

Finance and insurance / bars normalized to the largest visible revenue value

Selected classification

NAICS 52

Finance and insurance

Sector with 29 detailed descendants.

Median HHI
405.8
Revenue
$5.9T
Employment
7.4M
Employer firms
245.5K

Curated antitrust layer

2 markets / 4 policy records / 3 reports

Profile AtlasDataTrace 2017-2022

NAICS hierarchy is an economic classification, not a legal product or geographic market definition.

Economy concentration plane

See scale and concentration together

Revenue uses a logarithmic axis, circle area follows employer-firm count, and color identifies the two-digit NAICS sector.

Current scopeFinance and insurance29 detailed rows
Published HHI2793.1% of scope
Median HHI405.8Median CR4 31.0%
Revenue represented$5.9T2 HHI disclosure-withheld

Detailed-industry cross-section

27 published industries plotted by revenue, HHI, employer-firm count, and NAICS sector.

2 withheld
NAICS 524210: Insurance agencies and brokerages; HHI 59.5; $194.3B revenue; 122,475 employer firmsNAICS 523940: Portfolio management and investment advice; HHI 97.8; $372.9B revenue; 49,678 employer firmsNAICS 522310: Mortgage and nonmortgage loan brokers; HHI 217.7; $17.1B revenue; 9,456 employer firmsNAICS 523910: Miscellaneous intermediation; HHI 84.4; $45.8B revenue; 8,885 employer firmsNAICS 523150: Investment banking and securities intermediation; HHI 354.8; $306.7B revenue; 7,815 employer firmsNAICS 522110: Commercial banking; HHI 241.9; $591.1B revenue; 4,021 employer firmsNAICS 524291: Claims adjusting; HHI 161.3; $8.9B revenue; 3,862 employer firmsNAICS 522292: Real estate credit; HHI 261.7; $109.1B revenue; 3,835 employer firmsNAICS 522320: Financial transactions processing, reserve, and clearinghouse activities; HHI 659.6; $136.7B revenue; 3,551 employer firmsNAICS 522390: Other activities related to credit intermediation; HHI 263; $26.1B revenue; 3,155 employer firmsNAICS 522291: Consumer lending; HHI 450.4; $47.6B revenue; 2,918 employer firmsNAICS 524292: Pharmacy benefit management and other third party administration of insurance and pension funds; HHI 1,633.5; $283.6B revenue; 2,480 employer firmsNAICS 524298: All other insurance related activities; HHI 492.9; $8.7B revenue; 2,390 employer firmsNAICS 522220: Sales financing; HHI 378.9; $133.6B revenue; 2,180 employer firmsNAICS 524126: Direct property and casualty insurance carriers; HHI 405.8; $727.5B revenue; 2,079 employer firmsNAICS 523991: Trust, fiduciary, and custody activities; HHI 705.1; $19.1B revenue; 1,952 employer firmsNAICS 523160: Commodity contracts intermediation; HHI 301.2; $18.2B revenue; 1,317 employer firmsNAICS 523999: Miscellaneous financial investment activities; HHI 1,209.3; $13.9B revenue; 893 employer firmsNAICS 524127: Direct title insurance carriers; HHI 1,796.5; $23.4B revenue; 813 employer firmsNAICS 524114: Direct health and medical insurance carriers; HHI 649.3; $1.3T revenue; 747 employer firmsNAICS 524113: Direct life insurance carriers; HHI 331.2; $600.7B revenue; 614 employer firmsNAICS 522180: Savings institutions and other depository credit intermediation; HHI 384.1; $36.7B revenue; 556 employer firmsNAICS 524128: Other direct insurance (except life, health, and medical) carriers; HHI 1,189.4; $25.3B revenue; 354 employer firmsNAICS 522210: Credit card issuing; HHI 1,245.6; $161.6B revenue; 195 employer firmsNAICS 524130: Reinsurance carriers; HHI 1,119.5; $98.7B revenue; 132 employer firmsNAICS 523210: Securities and commodity exchanges; HHI 2,434.7; $16.5B revenue; 17 employer firmsNAICS 521110: Monetary authorities - central bank; HHI 3,074; $170.4B revenue; 12 employer firms

Selected record

Monetary authorities - central bank

NAICS 521110
HHI
3,074
Revenue
$170.4B
CR4
76.6%
Employer firms
12
Open industry profile

High-HHI tail

Highest measured rows

01Monetary authorities - central bankNAICS 521110 / $170.4B3,07402Securities and commodity exchangesNAICS 523210 / $16.5B2,434.703Direct title insurance carriersNAICS 524127 / $23.4B1,796.504Pharmacy benefit management and other third party administration of insurance and pension fundsNAICS 524292 / $283.6B1,633.505Credit card issuingNAICS 522210 / $161.6B1,245.606Miscellaneous financial investment activitiesNAICS 523999 / $13.9B1,209.3

Circle position and rank use Census-published HHI only. Disclosure-withheld values remain in the directory and are excluded from measured comparisons.

Economy composition map

See where economic scale and concentration meet

Each tile is one six-digit NAICS industry. Area follows the selected economic measure; color carries either published HHI or sector identity.

Size tiles by
Color tiles by
Current scopeFinance and insurance29 detailed rows
Area / Revenue$5.9TSales, shipments, or revenue
Color / HHI bands27 published2 HHI disclosure-withheld
Scope median HHI405.8Unweighted across published rows

Area = revenue / Color = hhi bands

1 sector groups / 29 positive-value industries

2022 Economic Census
0-499500-9991,000-1,4991,500-2,4992,500+Withheld

Active industry

Direct health and medical insurance carriersNAICS 524114

Revenue

$1.3T

22.19% of current scope / 22.2% of sector

HHI
649.3
CR4
44.2%
Employment
586,637
Employer firms
747
Open evidence profile

Largest by revenue

01Direct health and medical insurance carriers524114$1.3T02Direct property and casualty insurance carriers524126$727.5B03Direct life insurance carriers524113$600.7B04Commercial banking522110$591.1B

Tile area represents revenue within this detailed-industry scope. HHI is a national NAICS screen, not a legal antitrust market. Disclosure-withheld values remain mapped and use the gray band.

Census industry directory

Compare the full NAICS hierarchy

HHI and concentration ratios are based on national sales, value of shipments, or revenue for employer firms.

29 of 1,866
NAICS 521110Monetary authorities - central bankDetailed industry
HHI3,074CR476.6%Revenue$170.4B
NAICS 523210Securities and commodity exchangesDetailed industry
HHI2,434.7CR495.1%Revenue$16.5B
NAICS 524127Direct title insurance carriersDetailed industry
HHI1,796.5CR480.2%Revenue$23.4B
NAICS 524292Pharmacy benefit management and other third party administration of insurance and pension fundsDetailed industry
HHI1,633.5CR477.3%Revenue$283.6B
NAICS 522210Credit card issuingDetailed industry
HHI1,245.6CR463.1%Revenue$161.6B
NAICS 523999Miscellaneous financial investment activitiesDetailed industry
HHI1,209.3CR460.1%Revenue$13.9B
NAICS 524128Other direct insurance (except life, health, and medical) carriersDetailed industry
HHI1,189.4CR457.2%Revenue$25.3B
NAICS 524130Reinsurance carriersDetailed industry
HHI1,119.5CR457.8%Revenue$98.7B
NAICS 523991Trust, fiduciary, and custody activitiesDetailed industry
HHI705.1CR442.3%Revenue$19.1B
NAICS 522320Financial transactions processing, reserve, and clearinghouse activitiesDetailed industry
HHI659.6CR446.5%Revenue$136.7B
NAICS 524114Direct health and medical insurance carriersDetailed industry
HHI649.3CR444.2%Revenue$1.3T
NAICS 524298All other insurance related activitiesDetailed industry
HHI492.9CR440.1%Revenue$8.7B
NAICS 522291Consumer lendingDetailed industry
HHI450.4CR434.8%Revenue$47.6B
NAICS 524126Direct property and casualty insurance carriersDetailed industry
HHI405.8CR431%Revenue$727.5B
NAICS 522180Savings institutions and other depository credit intermediationDetailed industry
HHI384.1CR429.9%Revenue$36.7B
NAICS 522220Sales financingDetailed industry
HHI378.9CR429.3%Revenue$133.6B
NAICS 523150Investment banking and securities intermediationDetailed industry
HHI354.8CR428.3%Revenue$306.7B
NAICS 524113Direct life insurance carriersDetailed industry
HHI331.2CR426.4%Revenue$600.7B
NAICS 523160Commodity contracts intermediationDetailed industry
HHI301.2CR425.1%Revenue$18.2B
NAICS 522390Other activities related to credit intermediationDetailed industry
HHI263CR425.4%Revenue$26.1B
NAICS 522292Real estate creditDetailed industry
HHI261.7CR424.8%Revenue$109.1B
NAICS 522110Commercial bankingDetailed industry
HHI241.9CR425.5%Revenue$591.1B
NAICS 522310Mortgage and nonmortgage loan brokersDetailed industry
HHI217.7CR424.3%Revenue$17.1B
NAICS 524291Claims adjustingDetailed industry
HHI161.3CR421.3%Revenue$8.9B
NAICS 523940Portfolio management and investment adviceDetailed industry
HHI97.8CR415%Revenue$372.9B

A NAICS industry is a statistical classification, not a legally defined antitrust market. Use these national revenue concentration measures to screen where deeper product and geographic market analysis may be warranted, not to infer market power or liability.

U.S. Industry Concentration Atlas | Antitrust Radar