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Total Wages by Industry
Total Wages by Industry
The largest contribution to total wage income is health care and social assistance—with annual wage expenditures exceeding $3.5 billion—representing 17.9 percent of total wage expenditures in Southwest Florida. Construction is the next largest industry in terms of total wage expenditure, with 14.3 percent of the region’s total annual wage and expenditures of $2.8 billion. The third largest industry measured by total wage expenditures is retail trade, with 12.6 percent of the total regional wage expenditures at $2.5 billion. Professional and technical services is the fourth largest industry as measured by total wages at $1.9 billion or 9.4 percent of the region’s total wage expenditures. Finally, accommodation and food services is the fifth largest in terms of total wage expenditures, with $1.4 billion or 6.9 percent of the region’s total wage expenditures. The total wage expenditures by industry are shown in Chart 3-3 and Table 3-3.
Southwest Florida 2020
Industry Health Care and Social Assistance Construction Retail Trade Professional and Technical Services Accommodation and Food Services Finance and Insurance Administrative and Waste Services Wholesale Trade Manufacturing Real Estate and Rental and Leasing Other Industry Sectors
Total Wages $3,542,384,725 $2,819,529,051 $2,494,321,569 $1,855,008,579 $1,372,226,578 $1,254,976,378 $1,133,350,039 $932,511,641 $714,600,744 $683,600,228 $2,962,246,540
Total, All Industries
$19,764,756,072
Source: Quarterly Census of Employment and Wages, Bureau of Labor Statistics
Percent of Total Wages
17.9% 14.3% 12.6% 9.4% 6.9% 6.3% 5.7% 4.7% 3.6% 3.5% 15.0%
