The forecast for the number of persons employed in the US motor vehicles and motorcycles wholesale, retail trade, and repair sector indicates a gradual increase from 23.5 million in 2024 to 23.67 million by 2028. Compared to the actual figures of 23.4 million in 2023, this reflects a stable upward trend. Year-on-year variations are minor, ranging from 0.21% to 0.17%, showing consistent growth. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.18%, representing modest yet steady employment growth.

Future trends to watch for include:

Technological advancements in vehicle automation and electric vehicles impacting employment dynamics.
Potential shifts in consumer behavior and market demand affecting retail trade employment.
Economic factors and regulatory changes influencing the sector's growth trajectory.