51/Information
US businesses, employees and payroll, 2017 to 2023
3.81M
employees, 2023
3.81M
employees, 2023
In 2023, 160,704 US Information business locations employed 3.81 million people and paid $568.3 billion in annual payroll, $149,198 per employee on average. Employment was up 4.8% from 2022. California had the most employees. US Information revenue (market size) was $2.21 trillion in 2022, up 40.0% from 2017, from 91,800 firms.
Updated Oct 9, 2026 · data year 2023
Business locations
160,704
-0.2% vs 2022
Employees
3,809,059
+4.8% vs 2022
Annual payroll
$568.3B
+10.2% vs 2022
Average pay
$149,198
+5.1% vs 2022
Industry economics
Market size, prices and output of Information, from official US government statistics
Market size, 2022
$2.21T
+40.0% vs 2017 · 91,800 firms
Share of US GDP
5.70%
$1.77T value added, 2025
Quarterly revenue
$704.4B
Q2 2026 · +9.9% vs a year earlier
Quarterly revenue
US dollars per quarter, seasonally adjusted. Latest: Q2 2026.
Share of US GDP
Value added of Information as a percent of US GDP, by year
Over the years
United States, 2017 to 2023
Employees
Paid employees in mid-March
Business locations
Places with paid employees
By state
Employees of Information in each state, 2023
Employees by state
States with the most employees
Employees and the share of all the state's jobs
| State | Business locations | Employees | Average pay | Share of state jobs |
|---|---|---|---|---|
| California | 27,338 | 891,636 | $232,014 | 5.44% |
| New York | 12,089 | 328,460 | $157,751 | 3.75% |
| Texas | 11,777 | 293,377 | $117,710 | 2.44% |
| Florida | 10,336 | 175,767 | $102,977 | 1.76% |
| Washington | 4,036 | 163,445 | $245,097 | 5.35% |
| Massachusetts | 3,655 | 141,099 | $162,286 | 4.05% |
| Georgia | 5,030 | 133,617 | $120,422 | 3.03% |
| Illinois | 5,616 | 120,174 | $122,814 | 2.12% |
| Pennsylvania | 5,685 | 112,393 | $104,913 | 1.97% |
| Virginia | 4,006 | 111,454 | $139,665 | 3.11% |
| Colorado | 3,804 | 101,428 | $143,330 | 3.95% |
| North Carolina | 4,150 | 94,965 | $110,267 | 2.22% |
| Ohio | 4,391 | 93,136 | $82,888 | 1.83% |
| New Jersey | 3,802 | 88,523 | $130,150 | 2.24% |
| Minnesota | 2,631 | 62,246 | $110,228 | 2.22% |
The 15 states with the most employees. Download the CSV for all 51.
Revenue by state
Revenue (market size) of Information in each state, 2022. States where the number is not published are gray.
Revenue by state
US dollars, in millions
States with the most revenue
Revenue and the share of the US total
| State | Revenue 2022 | Change | Share of US |
|---|---|---|---|
| California | $670.5B | - | 30.3% |
| New York | $230.8B | - | 10.4% |
| Texas | $139.1B | - | 6.3% |
| Washington | $120.2B | - | 5.4% |
| Florida | $95.2B | - | 4.3% |
| Massachusetts | $78.3B | - | 3.5% |
| Georgia | $71.7B | - | 3.2% |
| Virginia | $71.5B | - | 3.2% |
| Illinois | $62.0B | - | 2.8% |
| Colorado | $58.2B | - | 2.6% |
| New Jersey | $52.0B | - | 2.3% |
| Pennsylvania | $47.5B | - | 2.1% |
| North Carolina | $44.7B | - | 2.0% |
| Connecticut | $35.2B | - | 1.6% |
| Ohio | $33.1B | - | 1.5% |
The 15 states with the most revenue. Download the CSV for all 51.
Top metro areas
Metro and micro areas with the most Information employees, 2023
Metro areas with the most employees
| Metro area | Locations | Employees | Average pay |
|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ | 11,870 | 352,439 | $164,197 |
| San Francisco-Oakland-Fremont, CA | 4,360 | 292,679 | $281,147 |
| Los Angeles-Long Beach-Anaheim, CA | 14,363 | 280,210 | $135,233 |
| San Jose-Sunnyvale-Santa Clara, CA | 1,913 | 179,740 | $377,304 |
| Seattle-Tacoma-Bellevue, WA | 2,413 | 145,560 | $264,989 |
| Boston-Cambridge-Newton, MA-NH | 2,909 | 132,299 | $166,558 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 3,787 | 127,928 | $150,080 |
| Atlanta-Sandy Springs-Roswell, GA | 3,549 | 112,089 | $129,922 |
| Dallas-Fort Worth-Arlington, TX | 3,430 | 109,980 | $129,404 |
| Chicago-Naperville-Elgin, IL-IN | 4,185 | 101,094 | $129,913 |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD | 3,113 | 76,921 | $111,730 |
| Austin-Round Rock-San Marcos, TX | 1,880 | 68,926 | $152,150 |
| Denver-Aurora-Centennial, CO | 2,050 | 66,048 | $155,348 |
| Miami-Fort Lauderdale-West Palm Beach, FL | 3,610 | 58,578 | $105,858 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1,695 | 49,927 | $118,094 |
Layoffs
Layoffs in Information from WARN notices, SEC filings and news reports
Layoffs, 12 months
123
Layoff events
Workers, 12 months
22,200
Where the sources state it
Layoffs in all
1,308
The earliest dated Jun 1989
Layoffs and discharges
28,000
Aug 2026, every employer (JOLTS)
| Date | Company | Place | Workers | Status | Sources |
|---|---|---|---|---|---|
| Oct 14, 2026 | Netflix, Inc. NFLX | California | 1,000 | Reported | News |
| Oct 6, 2026 | HubSpot, Inc. HUBS | United States | not stated | Confirmed | SEC 8-K |
| Sep 29, 2026 | Workday, Inc. WDAY | United States | not stated | Confirmed | SEC 8-K |
| Sep 29, 2026 | Workday, Inc. WDAY | Pleasanton, CA | 142 | Confirmed | WARN notice |
| Sep 28, 2026 | T-Mobile US, Inc. TMUS | Schaumburg, IL | 337 | Confirmed | WARN notice |
| Sep 22, 2026 | Microsoft Corporation MSFT | Redmond, WA | 277 | Confirmed | WARN notice |
| Sep 16, 2026 | Maya Cinemas Fresno | Fresno, CA | 86 | Confirmed | WARN notice |
| Sep 14, 2026 | Oracle Corporation ORCL | Seattle, WA | 359 | Confirmed | WARN notice |
| Sep 10, 2026 | Commerce.com, Inc. | United States | not stated | Confirmed | SEC 8-K |
| Sep 4, 2026 | The Trade Desk, Inc. TTD | United States | not stated | Confirmed | SEC 8-K |
Layoff events per month
Oct 2024 to Oct 2026; the newest month is not complete
Top states, last 12 months
| State | Events | Workers |
|---|---|---|
| California | 39 | 10,353 |
| Washington | 16 | 5,034 |
| New Jersey | 10 | 2,477 |
| Florida | 6 | 477 |
| Maryland | 3 | 414 |
| Texas | 3 | 299 |
| Illinois | 2 | 366 |
Top companies, last 12 months
| Company | Events | Workers |
|---|---|---|
| Meta Platforms, Inc. META | 9 | 6,145 |
| Verizon Communications Inc. VZ | 7 | 2,325 |
| T-Mobile US, Inc. TMUS | 6 | 1,398 |
| Synopsys, Inc. SNPS | 4 | 358 |
| Workday, Inc. WDAY | 4 | 296 |
| Salesforce, Inc. CRM | 4 | 270 |
| Oracle Corporation ORCL | 3 | 1,536 |
| Microsoft Corporation MSFT | 3 | 1,488 |
| Intuit Inc. INTU | 3 | 1,027 |
| Snap Inc. SNAP | 3 | 415 |
Layoffs and discharges per month
United States, Information, every employer, in thousands, seasonally adjusted (JOLTS)
Business size
US Information business locations by number of employees, 2023
Locations by size
| Employees | Locations | Share |
|---|---|---|
| Under 5 | 93,862 | 58.4% |
| 5 to 9 | 24,366 | 15.2% |
| 10 to 19 | 18,101 | 11.3% |
| 20 to 49 | 12,585 | 7.8% |
| 50 to 99 | 5,510 | 3.4% |
| 100 to 249 | 3,799 | 2.4% |
| 250 to 499 | 1,405 | 0.9% |
| 500 to 999 | 689 | 0.4% |
| 1,000 or more | 387 | 0.2% |
Sub-industries by revenue
The industries directly below Information, ranked by revenue, 2022
Largest by revenue
| Code | Industry | Revenue | Change vs 2017 |
|---|---|---|---|
| 517 | Telecommunications | $669.3B | +8.5% |
| 513 | Publishing Industries | $592.3B | - |
| 516 | Broadcasting and Content Providers | $345.5B | - |
| 518 | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | $329.5B | +109.2% |
| 519 | Web Search Portals, Libraries, Archives, and Other Information Services | $147.0B | -14.4% |
| 512 | Motion Picture and Sound Recording Industries | $130.9B | +28.3% |
Related industries
Information and the 6 industries directly below it
| Code | Industry | Employees | Average pay |
|---|---|---|---|
| 517 | Telecommunications | 912,645 | $91,984 |
| 518 | Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services | 629,527 | $147,665 |
| 519 | Web Search Portals, Libraries, Archives, and Other Information Services | 409,184 | $291,284 |
| 512 | Motion Picture and Sound Recording Industries | 333,045 | $66,393 |
| 513 | Publishing Industries | Not yet published | - |
| 516 | Broadcasting and Content Providers | Not yet published | - |
Questions and answers
How big is the US Information market?
$2.21 trillion in revenue in 2022, up 40.0% from $1.58 trillion in 2017, earned by 91,800 firms. California had the most revenue ($670.5 billion), followed by New York ($230.8 billion).
How many people work in Information in the US?
3.81 million people worked at 160,704 US Information business locations in 2023, up 4.8% from 2022. That is 2.72% of all US private-sector employees.
What is the average pay in Information?
$149,198 a year per employee in 2023, from $568.3 billion in annual payroll (up 5.1% from 2022). The average across all US industries was $68,342.
Which state has the most Information jobs?
California had the most, with 891,636 employees in 2023, followed by New York (328,460) and Texas (293,377).
Which metro areas have the most Information jobs?
New York-Newark-Jersey City, NY-NJ (352,439), San Francisco-Oakland-Fremont, CA (292,679), Los Angeles-Long Beach-Anaheim, CA (280,210) had the most Information employees in 2023.
Are most Information businesses small?
84.8% of the 160,704 Information business locations had fewer than 20 employees in 2023, and 1,076 had 500 or more.
How much does Information add to US GDP?
5.70% of US GDP in 2025: $1.77 trillion in value added.
How many layoffs were there in Information in the last 12 months?
123 layoffs were announced in Information in the last 12 months, affecting 22,200 workers where the number was stated, from WARN notices, SEC filings and news reports. The companies with the most layoff events were Meta Platforms, Inc. (9), Verizon Communications Inc. (7), T-Mobile US, Inc. (6).
Official US government statistics, published once a year. Business locations are places with paid employees; employees are counted in mid-March; payroll covers the whole year. Covers most private employers, not the self-employed, most government workers or farm workers on farms. Changes from the year before are shown only when both years use the same edition of the industry codes. Market size is counted every five years; producer prices, output and sales are monthly and the newest month is revised later.
