B2B drives market demand, with B2B spending representing 69.9% of total demand in 2023. JP Morgan Chase & Co is the largest company in the US, generating 4.0% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 12.5% of total production value in 2023. The total number of companies increases in 2023, to 353,352 units. The costs of the industry increase by 7.6% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 32.5% of turnover in 2023, the fourth highest across the top 20 developed countries. With turnover of USD3.4 trillion, the US accounts for 95.7% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Monetary Intermediation in the US: ISIC 651. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Monetary Intermediation in the US: ISIC 651 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of insurance and pension funding, monetary intermediation.
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