Healthcare is largest industry in 17 states, report finds

Healthcare is the largest industry in 17 states, according to an analysis conducted by 24/7 Wall St. 

The site examined data to determine the largest industries in each state, by their contribution to national gross domestic product. It found that in nine states, hospitals and nursing homes are the largest industry, while in eight states, ambulatory health care services drives GDP. 

Some states, such as Maine, Vermont and Florida, have a higher senior population, which likely contributed to the dominance of healthcare, the site noted. 

For example, in Florida, where the largest industry is ambulatory healthcare services, nearly 1 in 5 residents are 65 or older - the highest share in the U.S. The industry contributes $36.67 billion to GDP and employs a private workforce of 454,074 people. 

While the rate of healthcare hiring across the country decreased in August, the industry did add 14,000 jobs during the month, according to Healthcare Finance News. Hospitals gained 10,700 jobs and ambulatory services added 12,900 positions. The gains were offset by a drop in employment in the nursing and residential care communities sector, which lost more than 9,000 jobs in August. 

Healthcare is the largest industry in 17 states, according to an analysis conducted by 24/7 Wall St.