Government drives market demand, with government spending representing 91.7% of total demand in 2023. Department of Defense of USA is the largest company in the US, generating 10.5% of the industry’s total turnover value in 2023. The industry is fragmented, with the top five companies generating 14.7% of total production value in 2023. The total number of companies increases in 2023, to 3,266 units. The costs of the industry increase by 7.2% in 2023, largely driven by rising labour costs. The industry’s profitability increases and stands at 12.9% of turnover in 2023, the seventh highest across the top 20 developed countries. With turnover of USD5.1 trillion, the US accounts for 94.4% of the North America total in 2023.
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This Euromonitor industrial report provides unique information on Public Administration, Defence and Social Security in the US: ISIC 75. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Public Administration, Defence and Social Security in the US: ISIC 75 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Government and Membership Organizations is an aggregation of Public Administration, Defence and Social Security; Trade Unions, Professional, Political Organisations.
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