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10 American Industries That Are Going To Boom In The Next Decade

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Programmers

A decade ago, Google had not yet gone public, the Affordable Care Act wasn't law, and no one saw big data coming. The job market was entirely different then, as it will be a decade from now. 

A new data release from the U.S. Bureau of Labor Statistics reveals which industries are going to grow the fastest between 2012 and 2022. Health care and technology, already giants today, are expected to keep up their rapid growth over the next decade. At the same time, manufacturing is expected to continue its rapid decline. 

So if you're looking ahead to the future, here are the industries that are going to boom. 

Facilities support services

Number employed in 2012: 125,800

Number projected in 2022: 164,400

Percentage growth: 30.6%

Why: Companies will always need janitorial, security, and maintenance services, which can't be outsourced to other countries or replaced by technology (at least not yet).



Veneer, plywood, and engineered wood product manufacturing

Number employed in 2012: 63,800

Number projected in 2022: 83,500

Percentage growth: 30.9%

Why: This is one of the industries that will benefit from increased construction spending, as the effects of the housing bubble wane and people start to build again. 



Offices of health practitioners

Number employed in 2012: 3,968,000

Number projected in 20225,193,800

Percentage growth: 30.9%

Why: One side effect of the Affordable Care Act is that previously uninsured people will be more likely to seek out health care. Add that to an aging population, and you get plenty of demand for health care services.  



See the rest of the story at Business Insider

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