In 2020, the top producer of Equipment and related products was Texas with $165B. This is expected to increase 127% to $376B by 2050. The top consumer was Texas with $158B, and those inbound shipments are expected to increase 114% to $337B by 2050.
Freight data is provided using the SCTG product classification. The closest comparible products are machinery and transport equip.
In 2023, the most common means of transport for Equipment and related products, by weight, was Truck with 133M tons, followed by Rail with 7.84M tons and Multiple Modes and Mail with 7.4M tons.
In 2017, the US government spent $67.7B on Equipment and related products. The agency which purchased the largest amount of Equipment and related products in 2017 was Department of the Navy ($25.8B), followed by Department of the Army ($12.2B) and the Department of the Air Force ($10.7B).