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Fabricated Metal Product Manufacturing: NAICS 332

About the Fabricated Metal Product Manufacturing subsector

The fabricated metal product manufacturing subsector is part of the manufacturing sector.

Industries in the Fabricated Metal Product Manufacturing subsector transform metal into intermediate or end products, other than machinery, computers and electronics, and metal furniture, or treat metals and metal formed products fabricated elsewhere. Important fabricated metal processes are forging, stamping, bending, forming, and machining, used to shape individual pieces of metal; and other processes, such as welding and assembling, used to join separate parts together. Establishments in this subsector may use one of these processes or a combination of these processes.

North American Industry Classification System

The fabricated metal product manufacturing subsector consists of these industry groups:

  • Forging and Stamping: NAICS 3321
  • Cutlery and Handtool Manufacturing: NAICS 3322
  • Architectural and Structural Metals Manufacturing: NAICS 3323
  • Boiler, Tank, and Shipping Container Manufacturing: NAICS 3324
  • Hardware Manufacturing: NAICS 3325
  • Spring and Wire Product Manufacturing: NAICS 3326
  • Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing: NAICS 3327
  • Coating, Engraving, Heat Treating, and Allied Activities: NAICS 3328
  • Other Fabricated Metal Product Manufacturing: NAICS 3329

Workforce Statistics

This section provides information relating to employment in fabricated metal product manufacturing. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, data for occupations common to the industry, and projections of occupational employment change.

Employment

Data series Back
data
Jan.
2022
Feb.
2022
Mar.
2022
Apr.
2022

Employment (in thousands)

Employment, all employees (seasonally adjusted)

1,415.6 1,424.9 (p)1,428.3 (p)1,431.8

Employment, production and nonsupervisory employees (seasonally adjusted)

1,036.3 1,041.7 (p)1,050.8 (p)1,050.8

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2021

Cutting, punching, and press machine setters, operators, and tenders, metal and plastic

56,370

First-line supervisors/managers of production and operating workers

65,110

Machinists

113,730

Team assemblers

103,990

Welders, cutters, solderers, and brazers

104,420

(Source: Occupational Employment and Wage Statistics)

Projections

For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for fabricated metal product manufacturing.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in fabricated metal product manufacturing.

Earnings and Hours of All Employees

Data series Back
data
Jan.
2022
Feb.
2022
Mar.
2022
Apr.
2022

Average hourly earnings

$28.46 $28.25 (p)$28.30 (p)$28.53

Average weekly hours

40.0 40.3 (p)40.1 (p)40.1

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Jan.
2022
Feb.
2022
Mar.
2022
Apr.
2022

Average hourly earnings

$23.74 $23.77 (p)$23.92 (p)$24.02

Average weekly hours

41.2 41.9 (p)41.6 (p)41.5

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2021
Hourly Annual
Median Mean Median Mean

Cutting, punching, and press machine setters, operators, and tenders, metal and plastic

18.07 18.99 37,580 39,500

First-line supervisors/managers of production and operating workers

29.66 31.64 61,680 65,820

Machinists

22.57 22.56 46,950 46,920

Team assemblers

17.69 17.99 36,790 37,430

Welders, cutters, solderers, and brazers

22.29 21.96 46,370 45,670

(Source: Occupational Employment and Wage Statistics)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in fabricated metal product manufacturing. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series 2017 2018 2019 2020

Fatalities

Number of fatalities

50 56 50 53

Blank cells indicate no data reported or data that do not meet publication criteria.

Data series 2020

Rate of injury and illness cases per 100 full-time workers

Total recordable cases

3.6

Cases involving days away from work, job restriction, or transfer

2.1

Cases involving days away from work

1.2

Cases involving days of job transfer or restriction

0.9

Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Prices

This section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction. The import price index reflects the percentage change in prices paid to foreign producers for their goods and services within the U.S., while the export price index measures the percentage change in prices received by U.S. producers for goods and services sold outside the U.S.

Data series Back
data
Jan.
2022
Feb.
2022
Mar.
2022
Apr.
2022

Producer price index

(p)255.343 (p)258.795 (p)261.177 (p)265.998

Percent change from previous month

  (p)1.5% (p)1.4% (p)0.9% (p)1.8%

Import index

148.3 149.2 (r)152.1 152.4

Percent change from previous month

  1.6% 0.6% (r)1.9% (r)0.2%

Export index

(r)166.2 (r)166.8 (r)167.5 168.3

Percent change from previous month

  (r)3.0% (r)0.4% (r)0.4% (r)0.5%

Footnotes
(p) Preliminary
(r) Revised

(Source: Producer Price Indexes, International Price Program)

Workplace Trends

This section presents data on the number of establishments in fabricated metal product manufacturing. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry.

Establishments

Data series Back
data
4th quarter
2020
1st quarter
2021
2nd quarter
2021
3rd quarter
2021

Number of establishments

Private industry

58,680 (p)58,803 (p)58,954 (p)59,165

Local government

2 (p)2 (p)2 (p)3

State government

1 (p)1 (p)1 (p)1

Federal government

5 (p)5 (p)5 (p)5

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2018 2019 2020 2021

Labor productivity index, output per hour

98.913 97.131 97.046 98.613

Percent change from previous year

1.4 -1.8 -0.1 1.6

Labor index, total labor hours

103.890 103.601 94.746 96.476

Percent change from previous year

2.7 -0.3 -8.5 1.8

Output index

102.760 100.630 91.947 95.138

Percent change from previous year

4.1 -2.1 -8.6 3.5

Unit labor costs index

111.824 115.675 121.953 123.590

Percent change from previous year

-0.5 3.4 5.4 1.3

(Source: Productivity and Costs)

 

Data extracted on: May 18, 2022