Forecast: Employment in Motor Vehicles and Motorcycles Wholesale, Retail Trade and Repar in the US

In 2023, employment in the US motor vehicles and motorcycles wholesale, retail trade, and repair sector stood at a certain level, witnessing a stable growth trend as forecasted for the coming years. From 2024 to 2028, employment is expected to increase incrementally from 21.86 to 22.12 million full-time equivalent units, with consistent year-on-year growth percentages indicating a steady upward trajectory.

Future trends to watch for include:

  • Technological advancements impacting automotive retail and repair sectors.
  • Shifts in consumer preferences towards electric vehicles affecting employment dynamics.
  • Regulatory developments influencing trade practices and repair operations.

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