In 2020, the top producer of Industrial, commercial, and service industry machinery and equipment, and related services was Texas with $140B. This is expected to increase 120% to $308B by 2050. The top consumer was Texas with $137B, and those inbound shipments are expected to increase 107% to $285B by 2050.
Freight data is provided using the SCTG product classification. The closest comparible products are machinery
In 2023, the most common means of transport for Industrial, commercial, and service industry machinery and equipment, and related services, by weight, was Truck with 128M tons, followed by Multiple Modes and Mail with 6.56M tons and Rail with 5.85M tons.
In 2017, the US government spent $27.7B on Industrial, commercial, and service industry machinery and equipment, and related services. The agency which purchased the largest amount of Industrial, commercial, and service industry machinery and equipment, and related services in 2017 was Department of the Air Force ($8.87B), followed by Department of the Army ($5.83B) and the Department of the Navy ($5.67B).
