National Recreation

Motor vehicles, bodies and trailers, and parts

Value Added
$10.82B
2024
YoY Growth
+6.2%
20232024
Employment
0.06M
2024
Compensation
$4.56B
2024

Motor vehicles, bodies and trailers, and parts: Value Added vs Gross Output

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

Motor vehicles, bodies and trailers, and parts: Nominal vs Real

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

Motor vehicles, bodies and trailers, and parts: Year-over-Year Growth

Annual percentage change shows volatility and trend patterns.

Motor vehicles, bodies and trailers, and parts: Employment & Compensation

Jobs supported and total compensation paid in this industry sector.

2024