Geoscience Reference
In-Depth Information
Table 5. Vulnerability of the U.S. economy to climate change by sector,
1948 -2011.
Share of total national
income in sector
Sector by impact
1948
1973
2011
Heavily impacted sectors
9.1
3.9
1.2
Farming
8.2
3.4
1.0
Forestry, fi shing
0.8
0.5
0.2
Moderately impacted sectors
11.6
11.4
9.0
Real estate (coastal)
0.3
0.4
0.5
Transportation
5.8
3.9
3.0
Construction
4.1
4.9
3.5
Utilities
1.4
2.1
2.0
Lightly or negligibly impacted sectors
79.3
84.7
89.8
Real estate (noncoastal)
7.2
9.3
10.8
Mining
2.9
1.4
1.9
Manufacturing
Durable goods
13.5
13.5
6.0
Nondurable goods
12.7
8.5
5.4
Wholesale trade
6.4
6.6
5.6
Retail trade
9.1
7.8
6.0
Warehousing and storage
0.2
0.2
0.3
Information
2.8
3.6
4.3
Finance and insurance
2.5
4.1
7.7
Rental and leasing services
0.5
0.9
1.3
Services and residual
10.5
14.0
27.2
Government
11.1
14.6
13.2
Total
100.0
100.0
100.0
A second group of industries includes those that are affected by
weather and climate but can adapt at modest costs. One example is the
transportation industry. Extreme weather such as snow or fl oods can
cause delays and impose costs, but the impacts of climate change on
road and air travel is likely to be relatively small, with impacts of at
most a few percentage points of output over the next century.
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