5 Most Profitable Industries In America In 2023

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1. Regional Banking Industry

Net Margin: 30.31% 

Over the past five years, the revenue has increased at a CAGR of 0.4% to a projected $322.6 billion, driven up by an 8.1% increase in 2023 alone, when profit will reach 45.8%. The Fed defines regional banks as ones with anywhere from $10 billion to $100 billion in assets. 

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