National Recreation

Machinery

Value Added
$2.07B
2024
YoY Growth
-1.3%
20232024
Employment
0.01M
2024
Compensation
$1.16B
2024

Machinery: Value Added vs Gross Output

Gross Output measures total economic output including intermediate inputs. Value Added measures contribution to GDP.

Machinery: Nominal vs Real

Comparing current dollars to inflation-adjusted (2017 dollars) shows the true growth trajectory.

Machinery: Year-over-Year Growth

Annual percentage change shows volatility and trend patterns.

Machinery: Employment & Compensation

Jobs supported and total compensation paid in this industry sector.

2024