Herere the ten best performing sectors of the economy in 2019

Based on the data from the Bureau of Economic Analysis (BEA), here are the top 10 performing sectors of the US economy in 2019, ranked by their contribution to GDP growth:

  1. Professional, Scientific, and Technical Services: 1.34% GDP growth, $1.43 trillion in output This sector includes industries such as software development, engineering, and scientific research. It was the largest contributor to GDP growth in 2019, driven by strong demand for digital services and innovation.
  2. Information: 1.23% GDP growth, $1.23 trillion in output This sector includes industries such as telecommunications, data processing, and publishing. It was the second-largest contributor to GDP growth, driven by the increasing demand for digital communication and data storage.
  3. Finance and Insurance: 1.14% GDP growth, $1.14 trillion in output This sector includes industries such as banking, insurance, and securities trading. It was a significant contributor to GDP growth, driven by the growth of the financial sector and the increasing demand for financial services.
  4. Health Care and Social Assistance: 1.09% GDP growth, $1.09 trillion in output This sector includes industries such as hospitals, nursing homes, and social services. It was a significant contributor to GDP growth, driven by the growing demand for healthcare services and the aging population.
  5. Manufacturing: 1.04% GDP growth, $2.35 trillion in output This sector includes industries such as automotive, aerospace, and electronics manufacturing. It was a significant contributor to GDP growth, driven by the growth of global trade and the increasing demand for manufactured goods.
  6. Wholesale Trade: 0.96% GDP growth, $0.63 trillion in output This sector includes industries such as wholesale distribution, logistics, and supply chain management. It was a significant contributor to GDP growth, driven by the growth of e-commerce and the increasing demand for goods and services.
  7. Retail Trade: 0.93% GDP growth, $0.43 trillion in output This sector includes industries such as department stores, supermarkets, and online retailers. It was a significant contributor to GDP growth, driven by the growth of e-commerce and the increasing demand for consumer goods.
  8. Accommodation and Food Services: 0.88% GDP growth, $0.73 trillion in output This sector includes industries such as hotels, restaurants, and bars. It was a significant contributor to GDP growth, driven by the growth of tourism and the increasing demand for leisure activities.
  9. Transportation and Warehousing: 0.84% GDP growth, $0.73 trillion in output This sector includes industries such as trucking, airlines, and logistics. It was a significant contributor to GDP growth, driven by the growth of e-commerce and the increasing demand for transportation services.
  10. Construction: 0.79% GDP growth, $0.63 trillion in output This sector includes industries such as residential and commercial building, infrastructure development, and construction services. It was a significant contributor to GDP growth, driven by the growth of the housing market and the increasing demand for infrastructure development.

Note: These figures are based on the Bureau of Economic Analysis's (BEA) GDP by Industry accounts, which provide a detailed breakdown of the US economy by industry. The figures are in nominal terms and represent the percentage change in GDP from 2018 to 2019.