Emerging Sectors in US
The well-established industries in the US are largely knowledge-intensive services related to Health Care, Consumer Services, Telecommunications, Utilities, Banking, and Insurance as well as Research and Development. Moreover, the US has an immense base of Oil and Gas and is simultaneously expanding its footprint on the renewable energy front to equip itself for the challenges of the future.
Though the trend in the developed economies is to outsource manufacturing US maintains its fair share in the manufacturing division, especially with the emergence of turbocharged industries that indicate healthy prospects for the future. These include 3D Printing, Solar Manufacturing, Generic Pharmaceuticals, Self-Tanning Product Manufacturing, and Construction Materials related to Manufacturing.