The top three occupations in the Retail Trade Industry Sector are Retail salespersons; Firstline supervisors of retail sales workers; and Cashiers. On average, full-time employees in the Retail Trade Industry Sector work 43 hours per week and have an average annual salary of $44,576. Part-time employees in the same industry work 22.4 hours and earn an average annual salary of $11,839.
Demographic information on the Retail Trade Industry Sector in the US. Male employees tend to earn more than Female employees, with average respective salaries of $39,995 and $26,506. So too tend to earn more than other races and ethnicities in this industry.
Estimates of the sources of the costs and the purchasers of the products in the Retail Trade Industry Sector. Based on estimates from the Bureau of Economic Analysis, this section indicates the amount of money spent by a specific industry in other industries. Professional and business services has the highest single input, by dollars, to the Retail Trade Industry Sector, and the largest industry purchasing services from the Retail Trade Industry Sector is Construction.
In this visualization, click on a category to expand or collapse it. All of the industries listed to the left are those places from which the highlighted industry has made purchases. They are the intermediate inputs to the highlighted industry. All those industries listed on the right side are those industries that have made purchases from the highlighted industry. They are the use of outputs of the highlighted industry. The visualizations below offer alternative ways to see and understand this data.
Growth projections of the Retail Trade Industry Sector, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 0.6% in the next ten years. The Retail Trade Industry Sector has a lower projected workforce growth at 0.5%. Its projected 10-year growth in output (2.9%) is higher than the projected national growth in output (2.2%). Opticians, dispensing is the occupation within Retail Trade expected to see the most growth in the next ten years.