What is the largest economic sector in the US?
Emma Miller
Updated on January 08, 2026
1. Real Estate, Renting, and Leasing. Real Estate, renting, and leasing constitutes the largest sector of the United States’ economy with the GDP value added of $1.898 trillion accounting for 13% of the national GDP.
What is the largest sector of workers in the economy?
Workers were grouped into three broad sectors, namely, agriculture, industry and services sector. Workers in the services sector comprised the largest proportion of the employed population.
What kind of economic activity does the United States have?
The U.S. economy features a highly-developed and technologically-advanced services sector, which accounts for about 80% of its output. The U.S. economy is dominated by services-oriented companies in areas such as technology, financial services, healthcare and retail.
Which profession has the most workers?
Retail salespersons
50 Careers With Largest Employment
| # | Occupations | Worker in ’10 |
|---|---|---|
| 1 | Retail salespersons | 4,489,200 |
| 2 | Cashiers, except gaming | 3,550,000 |
| 3 | Office clerks, general | 3,024,400 |
| 4 | Combined food preparation and serving workers, including fast food | 2,701,700 |
What kind of people get jobs easily?
You can work as a Freelancer in a field in which you are good at. These can be Data Entry Specialist, Translation Expert, paragraph & Content Writer etc. 2. You can go for the part time or home based jobs easily.
Which is the best description of economic activity?
Economic activities are production processes that through the use of factors of production create goods and services to meet the needs of individuals in the economy. The economic activity of a country can be classified into primary sector, secondary sector, tertiary sector, and quaternary sector.
What are the 5 industries that make up the US economy?
The 5 Industries Driving the U.S Economy 1 Health Care. 2 Technology. 3 Construction. 4 Retail. 5 Nondurable Manufacturing.
Which is the most profitable sector of the economy?
In general, the tertiary activities or the service sector have the highest profitability, then the secondary or industrial activities and finally the primary sector or extractive activities. Although it is possible that due to different factors, primary activities would be the most profitable.
What makes the economy grow in the United States?
The growth is stemming from overall economic and population growth, which is increasing demand for new buildings, roads, and other structures. Construction spending hit a seasonally adjusted annual rate of $1.329 trillion during the first eight months of 2018, according to data from the Associated General Contractors of America. 4. Retail
