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April 20, 2018

10 Fastest Growing Industries in the United States

 

Building and Dwelling services

There are various areas where a building requires maintenance to ensure smooth functioning for the residents inside. There have been a good 14% sale increase and the services include construction such as decks, retaining walls and fences as well as pest control and cleaning.

Computer systems design

This particular industry is hands down the fastest growing in United States and the analysts at Forbes have also agreed to the same. There has been a steady rise in firms using technology and computers and this has led to this incredible increase in the growth of this industry. There is also a 15% rise in employment from this particular industry in the phase of 2012 to 2022.

Residential building

This arena includes not just building afresh but also renovation projects which entail remodelling the homes of families of single as well as multiple. There has been an incredible growth of 14% while the areas mentioned further down in the list showed a 13% growth.

Types of industries

Structural contractors

There are speciality traders who wok only on the structural components of a building as well as the foundation and the shell of buildings. This had been called fifth in the list of fastest growing industries back in 2016 and included contractors who worked on the installation of wood products as well.

Professional, Technical and scientific services

This typology includes those jobs which cannot be performed by people who are devoid of high level of education and training. The arenas of service that can be provided include legal advice, translators and interpreters, accounts, research, consultation, photography and other fields where technological talents and skills are required. Since, computer system are mentioned separately, that field might be considered a separate field and industry.

Building equipment providers

There are numerous types of building practices happening every day and a building can never function only with exterior walls. There is a lot of work that goes inside those massive walls and columns you see and they are all the electrical, wiring, plumbing and heating and ventilation services that are required in a building.

Trade contractors

They are also better known as Trade contractors with specialities. This particular classification includes carpenters, brick masons and stone workers, tile ad marble settlers, people installing drywalls, sheet metal workers and ceiling tile installers. There are more of such contractors who employ special skilled labourers who use their talent.

Non-residential building

This industry is another one of those which are growing really fast and show no signs of stopping. Hotels, amusement parks, stores, offices, industrial buildings like schools, healthcare buildings and churches are the types of buildings which fall in the categorization of non-residential typology of building.

 Civil Engineering

The civil engineering sector is bifurcated into two and entail firms who construct entire engineering projects and those who produce the components required to make that happen. Regardless of which one we talk about, both are doing pretty well financially speaking!

10 industries
About Francis J. Schwager