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America Counts: Stories Behind the Numbers
Revenue and Employment Trends Reveal Shifts in U.S. Economy
The move away from brick-and-mortar retail stores toward online shopping deepened with pandemic-era demand for delivery and other changes in customer behavior altering the nation’s restaurant and hospitality sectors.
Large shifts in industry revenue and employment occurred across the economy between 2017 and 2022, according to Economic Census comparative statistics, which provide a snapshot of how U.S. industries have changed over time.
The latest data are presented using 2017 North American Industry Classification System codes and cover a wide range of metrics. They are not adjusted for price changes.
Industries supporting consumer convenience and digital transformation experienced some of the biggest spikes between 2017 and 2022. The COVID-19 pandemic boosted online shopping, and the convenience became ingrained.
Continue reading to learn how convenience-driven services and digital demand are growing as traditional retail and in-person services decline.
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