Wholesale Trade

Industry Sector

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Workforce Population
3.43M
2024
Average Employee Age
44.5
2024
Estimated Job Growth
3.39%
10-Year Projection
Average Salary
$80,294
2024
Average Male Salary
$85,975
2024
Average Female Salary
$67,256
2024

About

The top three occupations in the Wholesale Trade Industry Sector are sales representatives, wholesale & manufacturing, firstline supervisors of nonretail sales workers, and driver/sales workers & truck drivers. On average, full-time employees in the Wholesale Trade Industry Sector work 44.2 hours per week and have an average annual salary of $85,045. Part-time employees in the same industry work 21.4 hours and earn an average annual salary of $34,402.

The workforce of Wholesale Trade Industry Sector in 2024 was 3,428,164 people, with 30.3% woman, and 69.7% men.

In 2024, 65.4% of the workforce in the Wholesale Trade Industry Sector was White (2,243,620 people), of which 29.1% were women and 70.9% men.

Photo by Rusty Clark ~ 100K Photos

Employment & Salaries

A snapshot of workforce, wages, and opportunities in the Wholesale Trade Industry Sector.

The workforce in Wholesale Trade Industry Sector was 3,428,164 people and is concentrated in California (420,595 workers). The average annual salary was $80,294, being $10,416 more than the national average salary, which was $69,878.

Monthly Employment

Showing data for the Trade, Transportation, and Utilities industry sector.
Start Year
Y-Axis
0.946%
Year-over-year growth
Employment change between February 2022 and February 2023

As of February 2023, there are 28.9M people employed in the Trade, Transportation, and Utilities industry. This represents a 0.946% increase in employment when compared to February 2022.

This chart shows monthly employment numbers for Trade, Transportation, and Utilities over time (non-seasonally adjusted).

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Employment by Location

The states that concentrated the largest workforce in 2024 were California (421k), Texas (329k), and Florida (229k).

This map shows the states in the United States shaded by workforce for Wholesale Trade Industry Sector.

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Yearly Wage Ranking

In 2024, Wholesale Trade Industry Sector had an average annual wage of $80,294, $10,416 more than the average national salary of $69,878.

The graph shows the position of Wholesale Trade Industry Sector in the ranking of industries by average annual wage.

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Wage Distribution

0.433
WAGE GINI

Wholesale Trade has a wage GINI of 0.433, which is less than than the national average of 0.474. In other words, wages are distributed more evenly in Wholesale Trade (shown in red) in comparison to the national average for those wage buckets (shown in gray).

The graphic shows the distribution of average salaries by buckets for Wholesale Trade Industry Sector workers compared to the entire workforce in the country.

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Occupations

A review of jobs and wages in the Wholesale Trade Industry Sector.

Sales representatives, wholesale & manufacturing are the most common position with 643,856 workers, but the Wholesale Trade Industry Sector employs a relatively high number of Firstline supervisors of nonretail sales workers and Driver/sales workers & truck drivers.

The highest average salary in Wholesale Trade goes to Physicians.

Occupations Distribution

The graph shows the distribution of employees in the Wholesale Trade Industry Sector according to occupations. In 2024, the occupations that concentrated the largest number of employees in this industry were sales representatives, wholesale & manufacturing (643,856 people), firstline supervisors of nonretail sales workers (389,065 people), and driver/sales workers & truck drivers (271,525 people)

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Wage by Sex in Common Jobs

$85,975
AVERAGE MALE SALARY
±$1,443
$67,256
AVERAGE FEMALE SALARY
±$1,643

On average, Male workers in the Wholesale Trade Industry Sector make 1.28 times more than their Female counterparts. This chart shows the sex-based wage disparity in the 5 most common occupations in the Wholesale Trade Industry Sector.

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Business

Estimates of the sources of the costs and the purchasers of the products in the Wholesale 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.

The industrial flow illustrates the intermediate inputs and the use of outputs of the Wholesale Trade Industry Sector.

The Wholesale Trade Industry Sector gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry.

California and Texas stand out as the states with the largest number of establishments in the Wholesale Trade Industry Sector.

Industrial Flow

Professional and business services has the highest single input, by dollars, to the Wholesale Trade Industry Sector, and the largest industry purchasing services from the Wholesale Trade Industry Sector is Manufacturing.

In this flow diagram, 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.

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Intermediate Inputs

HIGHEST INPUT INDUSTRY
  1. Professional and business services
  2. Finance, insurance, real estate, rental, and leasing
  3. Transportation and warehousing

The Wholesale Trade Industry Sector gets the most input, by its share of the cost of all intermediate inputs, from the Professional and business services Industry. This visualization does not include labor and capital costs.

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Use of Output by Other Industries

LARGEST PURCHASING INDUSTRY
  1. Manufacturing
  2. Construction
  3. Professional and business services

The Manufacturing Industry purchases the greatest share of products and services from the Wholesale Trade Industry Sector in order to produce other goods and services. Purchases of the Wholesale Trade Industry Sector for final consumption by consumers, businesses, or government are not included here.

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Establishments

States with more establishments in 2022
  1. California
    56,104
  2. Texas
    33,635
  3. Florida
    30,998

The charts shows the distribution of establishments in the Wholesale Trade industry by states and the number of establishments according to size.

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Median Earnings

States with the highest median earnings in 2024
  1. New Hampshire
    $71,354
  2. Colorado
    $68,469
  3. Massachusetts
    $68,416

The charts shows the median earnings of the Wholesale Trade industry by state and the annual evolution of the median earnings of the industry compared to the national level.

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Diversity

Demographic information on the Wholesale Trade Industry Sector in the US.

Of the total workforce, 30.3% corresponds to women and 69.7% men. Male employees tend to earn more than Female employees, with average respective salaries of $85,975 and $67,256.

75.7% of workers have a high school or equivalent, bachelors degree or some college.

Gender and Age

1,040,345
Women
30.3%
2,387,819
Men
69.7%

The workforce of Wholesale Trade industry in 2024 was 3,428,164 people, with 30.3% woman, and 69.7% men.

The visualization shows the distribution of the workforce by gender and age in Wholesale Trade industry.

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Races

In 2024, 65.4% of the workforce in the Wholesale Trade industry was White (2,243,620 people), of which 29.1% were women and 70.9% men.

Other races that concentrated a significant number of workers were Two or More Races and Other.

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Educational Levels

The main educational levels achieved by the Wholesale Trade workers in 2024 were high school or equivalent (968,389 people), bachelors degree (886,868 people), and some college (739,775 people).

The chart shows the Wholesale Trade workforce by gender and educational level.

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Projections

Growth projections of the Wholesale Trade industry, both by number of employees and output, from the Bureau of Labor and Statistics. The national workforce is projected to grow 3.39% in the next ten years. The Wholesale Trade industry has a lower projected workforce growth at 3.39%. Its projected 10-year growth in output (30.1%) is lower than the projected national growth in output (30.1%).

Job Growth

3.39%
Estimated Job Growth
10-year Projection
3.39%
National Growth
10-year Projection

This line chart shows the projected 10-year growth in the number of jobs for Wholesale Trade. This industry is expected to grow approximately the same than 3.39%, the average rate of national job growth.

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Output Growth

30.1%
Estimate Growth
10-year Projection

This line chart shows the projected 10-year growth in output of the Wholesale Trade industry.

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