What are the major sectors of the US industry?

The major sectors of the US industry can be broadly classified into five categories - manufacturing, finance and insurance, healthcare and social assistance, retail trade, and professional, scientific, and technical services. Manufacturing plays a significant role in the US economy, contributing to sectors such as automobile, aerospace, electronics, and pharmaceuticals. Finance and insurance sector encompasses a wide range of activities like banking, investment, and insurance services. Healthcare and social assistance sector focuses on providing medical and social services, including hospitals, nursing homes, and outpatient care centers. Retail trade involves the sale of goods and services to consumers, both through physical stores and e-commerce. Finally, professional, scientific, and technical services involve activities such as legal services, accounting, engineering, and computer programming. These sectors together contribute to the diverse and robust economy of the United States.

This mind map was published on 16 August 2023 and has been viewed 47 times.