1、The Economic Contribution of the U.S.Retail IndustryMarch THE ECONOMIC CONTRIBUTION OF THE US RETAIL INDUSTRYPrepared for National Retail Federation March 2024 The Economic Contribution of the US Retail Industry Table of Contents Executive Summary 1 I.Introduction 2 II.Industry Definition 5 III.Nati
2、onal Results 9 IV.State Results 22 V.Congressional District Results 38 Appendix A:Detail on Retail Firms,Employment,and Labor Income by Firm Size A-1 Appendix B:Detailed Occupational Data for the US Retail Industry B-1 Appendix C:Detailed Congressional District Results by State C-1 Appendix D:Data S
3、ources and Methodology D-1 The Economic Contribution of the US Retail Industry PwC E-1 Executive Summary The National Retail Federation engaged PwC US Tax LLP(“PwC”)to quantify the contribution of the retail industry to the US economy.In evaluating the economic contribution of the retail industry,de
4、fined in this study to include retail trade and food services and drinking places,this report considers three separate channelsthe direct,indirect,and induced contributionsthat in aggregate provide a measure of the total economic contribution of the US retail industry:Direct contribution is measured
5、 as the jobs,labor income,and gross domestic product(“GDP”)within the US retail industry.Indirect contribution is measured as the jobs,labor income,and GDP occurring in other industries due to the US retail industrys purchases of intermediate inputs(other than merchandise intended for resale)and cap
6、ital goods.Induced contribution is measured as the jobs,labor income,and GDP resulting from household spending of income earned either directly or indirectly from the US retail industrys economic activities.Total National Contribution This report finds that the US retail industrys total employment c