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Economic News Release
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Total Factor Productivity for Detailed Industries News Release

For release 10:00 a.m. (ET) Wednesday, June 24, 2026                                             USDL-26-1021

Technical information:  (202) 691-5606  •  productivity@bls.gov  •  www.bls.gov/productivity 
Media contact:          (202) 691-5902  •  PressOffice@bls.gov


                    TOTAL FACTOR PRODUCTIVITY FOR DETAILED INDUSTRIES - 2023


Total factor productivity -- defined as output per unit of combined inputs -- fell in 70 of the 86 four-digit 
NAICS manufacturing industries in 2023, the U.S. Bureau of Labor Statistics reported today. Among 
durable manufacturing industries, 42 of 51 had total factor productivity declines led by an 18.7-percent 
fall in the spring and wire product industry. Total factor productivity declined in 28 of 35 nondurable 
manufacturing industries led by an 11.8-percent drop in the beverages industry.

Four of the 11 largest manufacturing industries (those with employment over 350,000 workers) 
experienced increasing total factor productivity in 2023: aerospace products and parts (+3.3 percent), 
electronic instruments (+1.5 percent), animal slaughtering and processing (+1.1 percent), and 
pharmaceutical and medicines (+0.6 percent). Output declined in 7 of these 11 industries led by a 9.3-
percent decrease in printing and related support activities. Combined inputs (capital, hours worked, 
energy, materials, and purchased services) declined in 2 of these 11 industries: printing and related 
support activities (-4.0 percent) and animal slaughtering and processing (-2.1 percent). (See table 1.)

Four of the 16 industries with rising total factor productivity in 2023 had increases of more than 8.0 
percent: 
 • Agricultural chemicals (+13.4 percent)
 • Fiber, yarn, and thread mills (+9.8 percent)
 • Plywood and engineered wood products (+9.4 percent)
 • Sawmills and wood preservation (+8.2 percent)

Seven industries posted total factor productivity declines of more than 10.0 percent: 
 • Spring and wire products (-18.7 percent)
 • Other electrical equipment and components (-15.0 percent)
 • Electrical lighting equipment (-13.0 percent)
 • Glass and glass products (-12.7 percent)
 • Beverages (-11.8 percent)
 • Soaps, cleaning compounds, and toiletries (-11.2 percent)
 • Paints, coatings, and adhesives (-10.5 percent)

Total Factor Productivity: Definition and Concepts

Changes in total factor productivity show the relationship between changes in real output and the 
combined inputs used to produce that output. These combined inputs include hours worked, capital, and 
intermediate inputs (energy, materials, and purchased services).

Measures of total factor productivity capture a variety of factors that influence economic growth that are 
not specifically accounted for among measured inputs, including technological change, returns to scale, 
enhancements in managerial and staff skills, changes in the organization of production, and other 
efficiency improvements. Total factor productivity reflects these factors. See the technical note for more 
information.

Components of Total Factor Productivity Growth: Output and Combined Inputs

Output increased in 22 of 86 manufacturing industries in 2023, compared to 42 industries in 2022. 
Among the industries that posted output gains in 2023, the following seven industries had increases of 
6.5 percent or more:
 • Agricultural chemicals (+20.8 percent)
 • Motor vehicles (+18.7 percent) 
 • Aerospace products and parts (+9.6 percent)
 • Computer and peripheral equipment (+9.2 percent)
 • Plywood and engineered wood products (+7.1 percent)
 • Electrical equipment (+6.6 percent)
 • Electronic instruments (+6.5 percent)

Combined inputs of capital, labor, and intermediate inputs rose in 56 of 86 manufacturing industries in 
2023, compared to 62 in 2022. Thirty-nine industries saw increases in hours worked. Intermediate inputs 
grew in 56 industries. Capital also increased in 31 of the industries reported.

Of the industries with rising combined inputs in 2023, 5 had gains of more than 7.0 percent:
 • Motor vehicles (+15.3 percent)
 • Electrical equipment (+9.4 percent)
 • Animal food (+9.0 percent)
 • Footwear (+8.5 percent)
 • Petroleum and coal products (+7.4 percent) 

Trends in Total Factor Productivity for Selected Time Periods

Year-to-year movements and long-term trends in industry total factor productivity may reflect cyclical 
changes in the economy. However, long-term average annual percent changes in total factor productivity 
are more reliable indicators of historical trends in industry performance.

More industries saw total factor productivity growth over the long term than in the short term. From 
1987 to 2023, total factor productivity grew in 56 out of 86 manufacturing industries, compared to 16 
from 2022 to 2023. (See tables 1 and 2.) Annual rates of change in total factor productivity for all but 4 
manufacturing industries ranged between -2.0 percent and +2.0 percent per year over the long term. In 
contrast, total factor productivity decreased by 2.0 percent or more in 63 industries in 2023.

Although the distribution of total factor productivity growth for all the manufacturing industries may 
change significantly annually, 48 out of 86 industries are clustered between an increase of 0.1 percent 
and 1.0 percent in the long run. 

Between 1987 and 2023, the number of manufacturing industries with growth in total factor productivity 
was highest in 1992, 2003, 2010, and 2021. These were years of economic growth following recessions. 
In contrast, relatively few manufacturing industries had total factor productivity growth in the recession 
years of 1991, 2001, and 2009. Few industries also recorded total factor productivity growth in 2022 and 
2023. 

Annual percent changes in total factor productivity by industry for periods between 1987 and 2023 are 
provided in table 3. Seventy manufacturing industries had total factor productivity growth from 2000 to 
2007, the most of any period. The 1990 to 2000 period recorded the highest number of industries with 
growth in output (76) and combined inputs (70).

Total Factor Productivity as a Source of Labor Productivity Growth

Total factor productivity measures differ from the BLS labor productivity measures because they 
compare output to the combined inputs of hours worked, capital, and intermediate inputs. Labor 
productivity relates output only to hours worked. Mathematically, an industry’s labor productivity is 
equal to total factor productivity plus the effects of factor substitutions, also known as the contributions 
of capital intensity and of intermediate inputs intensity. The contribution of capital intensity to labor 
productivity refers to the change that is directly attributed to the use of capital relative to labor hours. 
Similarly, the contribution of intermediate inputs intensity refers to the change that is directly attributed 
to the use of purchased inputs relative to labor hours. 

Seventy-eight of the 86 manufacturing industries posted gains in labor productivity from 1987 to 2023. 
Among these industries, substitution of intermediate inputs for labor was the leading source of labor 
productivity growth. (See table 4.) Growth in the contribution of intermediate inputs intensity occurs 
when firms purchase a greater share of materials instead of using their own labor. Contribution of 
intermediate inputs intensity may also rise when firms substitute contracted labor for payroll labor.
 
For the majority of industries with labor productivity growth between 1987 and 2000, the contribution of 
intermediate inputs intensity was the primary source of such growth. For many industries that 
experienced labor productivity growth during the 2000-2007 period, the greatest source of growth was 
from the contributions of total factor productivity. For the 2007-2019 and 2019-2023 periods, 
intermediate inputs intensity returned as the most frequent driver of labor productivity growth for 
industries with increasing labor productivity. 

There were 13 manufacturing industries with labor productivity growth of at least 2.0 percent per year 
from 1987 to 2023. Of these 13 industries, total factor productivity was the dominant source of labor 
productivity growth in 7, including 4 industries that manufacture computers and electronic products 
(computer and peripheral equipment, semiconductors and electronic components, communications 
equipment, and audio and video equipment). Uniquely, the tobacco industry’s labor productivity growth 
was fueled by the contribution of capital intensity.

Additional Information

Measures of output and combined inputs for this release incorporate data from the U.S. Census Bureau’s 
2023 Annual Integrated Economic Survey (AIES). In years without an Economic Census, total factor 
productivity measures for detailed manufacturing industries used to be based on data from the Annual 
Survey of Manufactures (ASM), also produced by the Census Bureau. That survey has been replaced by 
the AIES beginning in 2023. The ASM was generally published about 1 year after the end of the 
calendar year being measured. Because of the longer publication schedule of the 2022 Economic Census 
and the transition to the AIES, the 2023 total factor productivity data for detailed industries are being 
published with a 1-year lag behind BLS’s typical publication schedule.

Durable manufacturing industries are those which produce durable goods. These are defined as tangible 
products that can be stored or inventoried and that have an average life of at least 3 years, including 
vehicles, appliances, and computers. Durable goods manufacturing industries are classified by the North 
American Industry Classification System (NAICS) under the codes beginning with 321, 327, 331, 332, 
333, 334, 335, 336, 337, and 339.

Nondurable manufacturing industries are those which produce nondurable goods. These are defined as 
tangible products that can be stored or inventoried and that have an average life of less than 3 years, 
including food products, chemicals, and apparel. Nondurable goods manufacturing industries are 
classified by NAICS under the codes beginning with 311, 312, 313, 314, 315, 316, 322, 323, 324, 325, 
and 326. 

Access www.bls.gov/productivity/tables/total-factor-productivity-manufacturing-and-transportation-
detailed-industries.xlsx for: 
 • Additional industries and sectors, including air transportation and line-haul railroads
 • Detailed data series: indexes of total factor productivity and related measures; rates of change; 
   and levels of industry employment, hours worked, sectoral output, and labor compensation

Subscribe to productivity news releases on the BLS website at 
https://public.govdelivery.com/accounts/USDOLBLS/subscriber/new.

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Technical Note

Total Factor Productivity: Total factor productivity measures are derived by dividing an index of real 
industry output by an index of the combined inputs of labor, capital, and intermediate inputs. The total 
factor productivity indexes do not measure the specific contributions of capital, labor, and intermediate 
inputs. Rather, they reflect the joint influences on economic growth of a number of factors that are not 
specifically accounted for on the input side, including technological change, returns to scale, improved 
skills of the workforce, better management techniques, or other efficiency improvements.

Output: Industry output is measured as annual sectoral output, the total value, in real terms, of goods 
and services produced for sale outside the industry. Industry value of production is derived by adjusting 
industry shipments for changes in inventories and subtracting intra-industry transfers and resales. For 
most manufacturing industries, real output is measured by deflating nominal value of production, but for 
some industries physical quantities of output are measured.

Output measures are constructed using data primarily from the economic censuses and annual surveys of 
the Bureau of the Census, U.S. Department of Commerce, together with information on price changes 
chiefly from the Bureau of Labor Statistics (BLS).

Combined Inputs: The index of combined inputs is a Törnqvist index of separate quantity indexes of 
capital, labor, and intermediate inputs (including fuels, electricity, materials, and purchased services). 
The annual growth rates of the various inputs are aggregated using their relative cost shares as weights. 
The labor weight is based on labor compensation, including fringe benefits. The weight for intermediate 
inputs is based on the total cost of materials, fuels, electricity, and purchased services. The capital 
weight is based on total capital cost, which is calculated as the value of sectoral production minus the 
costs of labor compensation and intermediate inputs.

Capital Input: Capital input reflects the flow of services derived from the stock of physical assets. 
Capital services are estimated by calculating productive capital stocks and are assumed to be 
proportional to changes in these capital stocks for each asset. The capital index is a Törnqvist index of 
separate quantity indexes of equipment, structures, inventories, and land. 

Physical capital is composed of 24 categories of equipment, 10 categories of structures, 3 categories of 
inventories, and land. Measures of total capital services for each industry are estimated by aggregating 
the capital stocks of individual asset types. Estimates of investment by asset type for each industry are 
derived using annual capital expenditures for detailed industries from the economic censuses and annual 
surveys of the Bureau of the Census. Additional annual investment data comes from the fixed asset 
accounts from the Bureau of Economic Analysis (BEA).

Annual investment data is supplemented with the 1997 benchmark capital flow table from the BEA as 
well as the 2008, 2012, and 2017 Annual Capital Expenditures Surveys from the Bureau of the Census. 
Price changes are removed from the annual investment data before calculating stocks. Price deflators for 
each asset category are constructed by combining detailed price indexes (mostly BLS Producer Price 
Indexes) with weights that reflect each industry’s use of individual asset commodities.

The capital stocks for the different assets are combined using weights based on estimated annual rental 
prices for each asset type, averaged between two time periods. Each rental price reflects the nominal rate 
of return to all assets within the industry and the rates of economic depreciation and revaluation of the 
specific asset. Rental prices are adjusted for the effects of taxes. 

Labor Hours: Labor hours are measured as annual hours worked by all employed persons in an 
industry. Data on industry employment and hours come primarily from the BLS Current Employment 
Statistics (CES) survey and the Current Population Survey (CPS). CES data on the number of total and 
production worker jobs held by wage and salary workers in nonfarm establishments are supplemented 
with CPS data on self-employed and unpaid family workers to estimate industry employment. Hours 
worked estimates are derived using CES and CPS employment, CES data on the average weekly hours 
paid all employees, CPS data on hours of self-employed and unpaid family workers, and ratios of hours 
worked to hours paid based on data from both the CPS and the National Compensation Survey (NCS). 
For some industries, employment and hours data are supplemented or further disaggregated using data 
from the BLS Quarterly Census of Employment and Wages (QCEW), the Census Bureau, or other 
sources. Hours worked are estimated separately for different types of workers and then are directly 
aggregated; no adjustments for labor composition are made. 

Intermediate Inputs: The index of intermediate inputs is a Törnqvist index of separate quantities of 
materials, purchased services, fuels, and electricity consumed by each industry. Except for electricity 
consumed by manufacturing industries, for which direct quantity data are available, quantities are derived by 
deflating current dollar values with appropriate price deflators. 

Nominal values of materials, fuels and electricity, along with quantities of electricity consumed by each 
industry are obtained from economic censuses and annual surveys of the Bureau of the Census. To avoid 
double counting, an adjustment is made to the materials estimates to exclude the value of intra-industry 
commodity transfers. Purchased business services are estimated using annual industry data and 
benchmark input-output tables from BEA.  

Constant dollar materials consumed are derived by dividing annual current dollar industry purchases by 
a weighted price deflator for each industry. Aggregate materials deflators are constructed for each industry 
by combining producer price indexes and import price indexes from BLS for detailed commodities.  The 
deflators are combined using weights based on detailed commodity data from the BEA benchmark input-
output tables. Aggregate price indexes to deflate purchased business services are constructed in a similar 
manner using consumer price indexes (CPIs), PPIs, and deflators developed by BEA. The value of fuels 
consumed by each industry is deflated with a weighted price deflator based on PPIs for individual fuel 
categories; the weights reflect fuel expenditures by industry from the Energy Information 
Administration (EIA), U.S. Department of Energy.

Labor Productivity: Labor productivity describes the relationship between real output and the labor 
hours involved in its production. These measures show the changes from period to period in the amount 
of goods and services produced per hour worked. Although the labor productivity measures relate output 
in an industry to hours worked of all persons in that industry, they do not measure the specific 
contribution of labor to growth in output. Rather, they reflect the joint effects of many influences, 
including: changes in technology; capital investment; utilization of capacity, energy, and materials; the 
use of purchased services inputs, including contract employment services; the organization of 
production; the characteristics and effort of the workforce; and managerial skill.

Contributions to Labor Productivity:

Contribution of Capital Intensity: Capital intensity is the ratio of capital services to hours 
worked in the production process. Multiplying the change in capital intensity times capital’s 
share of combined inputs yields the contribution of capital intensity. 

Contribution of Intermediate Inputs Intensity: Intermediate inputs intensity is the ratio of 
intermediate inputs to hours worked in the production process. Multiplying the change in 
intermediate inputs intensity times intermediate inputs’ share of combined inputs yields the 
contribution of intermediate inputs intensity.

When positive, both the contribution of capital intensity and the contribution of intermediate 
inputs intensity represent sources of labor productivity growth. These statistics represent factor 
substitution in the production process. In other words, positive change in the contribution of 
capital intensity indicates that labor productivity growth is being achieved in part through the 
substitution of capital for labor. Likewise, positive change in the contribution of intermediate 
inputs intensity indicates that labor productivity growth is being achieved in part through the 
substitution of intermediate inputs for labor.

Over a given time period, the average logarithmic growth rate of labor productivity will equal the 
sum of the average logarithmic growth rates of the contribution of capital intensity, the 
contribution of intermediate inputs intensity, and total factor productivity. However, because 
both output and input data are expressed annually, average annual (as opposed to logarithmic) 
rates of change are calculated. Therefore, the sum of growth rates of total factor productivity, the 
contribution of capital intensity, and the contribution of intermediate inputs intensity may not 
precisely equal the rate of change of labor productivity.

Annual Percent Change: The annual percent change is the change in a series from one year to the 
next as a percent of the series-value in the previous year. Over a period of more than one year, the 
annual percent change is the compound annual growth rate in an index series, or an annualized 
average growth rate. Because the change of an index series varies from year to year, the annual 
percent change for a long time period reflects the constant rate that can be applied to each year in a 
period, from the start to the end, that would give the same total result. It is calculated as (Ending 
Value/Starting Value)^(1/Number of Years) - 1.





 

Table 1. Recent total factor productivity and related data
Industry2017 NAICS code2023 Employment (thousands)Percent change, 2022-2023
Total factor productivityOutputCombined inputsHours workedCapitalIntermediate inputs

Manufacturing

Animal food

311173.7-3.84.99.0-5.63.812.2

Grain and oilseed milling

311264.8-1.93.25.2-5.11.47.0

Sugar and confectionery products

311382.0-3.0-0.52.6-4.50.05.3

Fruit and vegetable preserving and specialty

3114175.0-9.8-8.71.3-5.4-0.94.0

Dairy products

3115166.3-3.91.05.15.01.26.0

Animal slaughtering and processing

3116555.71.1-1.0-2.12.10.6-3.7

Seafood product preparation and packaging

311731.7-8.8-6.03.1-6.40.35.6

Bakeries and tortilla products

3118371.5-4.1-1.62.51.2-0.33.9

Other food products

3119267.6-1.70.42.10.61.52.8

Beverages

3121333.8-11.8-13.7-2.12.4-1.3-4.0

Tobacco

312210.82.14.22.0-0.30.49.0

Fiber, yarn, and thread mills

313122.09.8-1.6-10.4-17.4-4.2-9.3

Fabric mills

313245.4-4.8-4.60.3-10.6-4.95.7

Textile and fabric finishing mills

313324.5-5.3-10.2-5.2-7.5-4.5-4.5

Textile furnishings mills

314142.9-0.1-4.8-4.7-12.4-3.4-2.4

Other textile product mills

314964.8-2.8-7.0-4.3-8.2-4.2-2.1

Apparel knitting mills

31517.3-1.9-5.8-4.1-5.1-5.9-3.4

Cut and sew apparel

315284.2-7.4-6.60.9-10.7-4.98.2

Accessories and other apparel

315916.4-5.4-2.23.4-4.6-3.99.5

Leather and hide tanning and finishing

31614.11.5-15.7-16.94.4-3.2-22.2

Footwear

316212.2-5.52.58.53.4-4.315.5

Other leather products

316913.7-8.6-6.62.2-0.5-3.17.0

Sawmills and wood preservation

3211104.18.2-0.9-8.43.43.4-16.0

Plywood and engineered wood products

321283.19.47.1-2.1-4.61.3-3.0

Other wood products

3219265.5-9.8-9.50.40.36.2-1.4

Pulp, paper, and paperboard mills

322187.7-8.7-6.92.0-6.3-2.26.6

Converted paper products

3222272.5-3.9-5.4-1.6-3.70.9-1.5

Printing and related support activities

3231390.2-5.6-9.3-4.0-3.4-3.5-4.4

Petroleum and coal products

3241109.4-7.7-0.87.4-4.0-0.79.6

Basic chemicals

3251157.6-2.81.74.64.4-0.17.2

Resin, rubber, and artificial fibers

325296.91.62.50.9-0.93.70.0

Agricultural chemicals

325338.113.420.86.51.5-0.814.9

Pharmaceuticals and medicines

3254353.00.63.02.40.22.53.6

Paints, coatings, and adhesives

325566.1-10.5-10.8-0.3-2.95.0-1.8

Soaps, cleaning compounds, and toiletries

3256124.1-11.2-8.62.90.5-2.37.7

Other chemical products and preparations

325981.9-9.9-4.46.1-1.1-1.310.7

Plastics products

3261605.5-7.1-6.80.4-2.7-0.11.7

Rubber products

3262137.4-6.8-3.93.0-1.35.84.2

Clay products and refractories

327142.1-0.9-2.2-1.3-13.5-1.86.3

Glass and glass products

327286.9-12.7-9.63.50.9-1.96.0

Cement and concrete products

3273210.2-4.6-1.63.22.8-1.95.5

Lime and gypsum products

327416.2-7.3-2.45.26.62.46.5

Other nonmetallic mineral products

327982.1-9.0-7.71.47.5-0.8-0.1

Iron and steel mills and ferroalloys

331185.53.93.4-0.52.60.5-1.3

Steel products from purchased steel

331260.43.93.2-0.75.41.8-2.6

Alumina and aluminum production

331360.4-8.2-8.8-0.7-0.50.2-0.9

Other nonferrous metal production

331463.9-4.4-4.6-0.26.60.7-2.0

Foundries

3315110.9-7.5-4.73.01.1-2.75.5

Forging and stamping

332191.1-1.9-2.2-0.3-4.1-0.41.1

Cutlery and handtools

332236.7-8.6-6.12.70.8-1.85.9

Architectural and structural metals

3323414.6-8.2-3.15.53.51.67.9

Boilers, tanks, and shipping containers

332495.4-8.4-4.64.20.22.16.0

Hardware

332524.6-7.9-5.13.1-2.8-1.57.6

Spring and wire products

332640.8-18.7-16.72.4-2.7-2.85.9

Machine shops and threaded products

3327353.6-6.6-4.52.2-0.9-1.05.7

Coating, engraving, and heat treating metals

3328131.6-9.6-8.01.81.00.12.9

Other fabricated metal products

3329285.8-7.3-6.50.91.60.00.9

Agriculture, construction, and mining machinery

3331222.0-5.60.96.80.9-0.411.0

Industrial machinery

3332135.9-4.4-2.71.70.5-2.22.9

Commercial and service industry machinery

333390.2-4.6-1.63.2-0.2-1.15.8

HVAC and commercial refrigeration equipment

3334146.5-6.2-2.34.1-2.01.67.5

Metalworking machinery

3335162.3-7.3-7.9-0.6-1.2-2.90.4

Turbine and power transmission equipment

333692.9-0.31.31.6-0.8-1.73.4

Other general purpose machinery

3339290.9-4.4-0.93.6-0.51.56.3

Computer and peripheral equipment

3341115.54.99.24.1-2.7-3.86.4

Communications equipment

334286.1-5.0-9.4-4.6-4.8-4.6-4.6

Audio and video equipment

334319.5-7.1-6.50.6-4.0-2.82.5

Semiconductors and electronic components

3344397.0-2.1-1.40.7-0.13.40.6

Electronic instruments

3345426.61.56.55.0-1.1-1.012.1

Magnetic media manufacturing and reproducing

334611.8-2.4-9.7-7.6-9.9-7.1-6.7

Electric lighting equipment

335139.1-13.0-14.5-1.80.8-3.2-2.5

Household appliances

335264.9-3.1-3.6-0.5-1.0-0.8-0.3

Electrical equipment

3353150.5-2.66.69.47.3-1.114.1

Other electrical equipment and components

3359168.8-15.0-19.5-5.33.91.8-11.2

Motor vehicles

3361294.02.918.715.33.05.418.4

Motor vehicle bodies and trailers

3362169.1-6.5-12.5-6.30.43.3-8.1

Motor vehicle parts

3363567.5-3.62.86.72.5-3.68.3

Aerospace products and parts

3364537.43.39.66.16.8-1.58.9

Railroad rolling stock

336521.6-2.9-3.1-0.25.6-2.2-2.6

Ship and boat building

3366157.9-5.6-0.94.93.22.66.8

Other transportation equipment

336942.60.35.75.4-4.90.710.9

Household and institutional furniture

3371249.0-6.7-10.3-3.8-7.8-1.9-2.1

Office furniture and fixtures

3372105.8-8.2-7.40.8-0.5-2.92.8

Other furniture related products

337931.7-5.2-9.4-4.4-13.4-0.7-2.3

Medical equipment and supplies

3391340.1-2.1-2.6-0.60.2-0.9-0.9

Other miscellaneous manufacturing

3399346.7-4.6-3.31.42.6-3.02.3

Table 2. Long run total factor productivity and related data
Industry2017 NAICS codeAnnual percent change, 1987-2023
Total factor productivityOutputCombined inputsHours workedCapitalIntermediate inputs

Manufacturing

Animal food

3111-0.21.61.80.31.82.0

Grain and oilseed milling

31120.21.21.0-0.60.31.3

Sugar and confectionery products

31130.10.50.4-0.30.70.5

Fruit and vegetable preserving and specialty

31140.00.60.6-0.20.60.7

Dairy products

31150.11.31.20.31.41.3

Animal slaughtering and processing

31160.71.50.81.01.90.5

Seafood product preparation and packaging

31170.0-0.5-0.4-1.40.8-0.5

Bakeries and tortilla products

3118-0.80.21.00.30.81.5

Other food products

31190.11.91.82.31.32.1

Beverages

31210.10.60.51.20.50.3

Tobacco

3122-0.6-2.7-2.1-4.7-2.3-0.8

Fiber, yarn, and thread mills

31310.9-2.9-3.7-4.1-2.8-3.6

Fabric mills

31320.9-3.0-3.8-5.1-2.7-3.6

Textile and fabric finishing mills

3133-0.4-3.9-3.5-4.3-2.7-3.4

Textile furnishings mills

31410.1-2.4-2.5-2.9-1.2-3.0

Other textile product mills

31490.4-1.1-1.4-1.8-0.1-1.5

Apparel knitting mills

31510.4-6.4-6.8-7.2-3.3-6.6

Cut and sew apparel

3152-0.6-5.9-5.4-6.2-2.9-5.6

Accessories and other apparel

3159-1.7-5.2-3.6-2.5-2.4-4.2

Leather and hide tanning and finishing

31611.0-3.1-4.1-3.9-2.4-4.3

Footwear

3162-0.4-4.7-4.3-5.5-3.3-3.8

Other leather products

31690.4-2.7-3.1-3.4-1.8-2.9

Sawmills and wood preservation

32111.00.4-0.6-1.2-0.7-0.4

Plywood and engineered wood products

32120.00.0-0.1-0.60.20.5

Other wood products

3219-0.4-0.20.2-0.70.80.5

Pulp, paper, and paperboard mills

32210.3-1.2-1.5-2.7-1.3-1.1

Converted paper products

3222-0.2-0.6-0.4-1.10.5-0.4

Printing and related support activities

3231-0.1-1.2-1.2-2.0-0.4-0.9

Petroleum and coal products

32410.10.90.8-1.00.61.0

Basic chemicals

32510.00.60.6-1.10.41.1

Resin, rubber, and artificial fibers

32520.40.3-0.1-1.10.6-0.1

Agricultural chemicals

32531.20.7-0.5-0.90.0-0.8

Pharmaceuticals and medicines

3254-1.01.02.01.93.40.4

Paints, coatings, and adhesives

3255-0.8-0.60.2-0.50.30.2

Soaps, cleaning compounds, and toiletries

3256-0.30.30.60.11.10.1

Other chemical products and preparations

32590.20.0-0.2-1.6-0.10.2

Plastics products

32610.11.00.90.11.70.9

Rubber products

32620.20.1-0.1-1.30.40.5

Clay products and refractories

32710.3-1.4-1.6-2.4-1.5-1.2

Glass and glass products

32720.40.0-0.3-1.4-0.50.3

Cement and concrete products

3273-0.30.30.50.4-0.20.8

Lime and gypsum products

3274-0.7-0.30.5-1.00.50.8

Other nonmetallic mineral products

32790.30.60.30.2-0.10.7

Iron and steel mills and ferroalloys

33110.7-0.2-0.8-2.0-1.9-0.1

Steel products from purchased steel

33120.20.30.1-0.4-1.30.6

Alumina and aluminum production

33130.8-0.4-1.2-1.6-0.8-1.1

Other nonferrous metal production

33140.6-0.7-1.3-1.4-0.2-1.7

Foundries

33150.1-0.8-0.9-1.9-0.9-0.1

Forging and stamping

33210.20.0-0.2-1.40.80.1

Cutlery and handtools

33220.0-1.2-1.2-1.8-0.8-0.7

Architectural and structural metals

3323-0.40.81.20.40.81.8

Boilers, tanks, and shipping containers

3324-0.2-0.10.1-0.4-0.10.4

Hardware

3325-0.7-2.1-1.4-2.5-1.1-1.0

Spring and wire products

3326-0.4-1.2-0.7-1.9-0.1-0.3

Machine shops and threaded products

33270.61.81.20.31.61.9

Coating, engraving, and heat treating metals

33280.61.30.7-0.20.91.2

Other fabricated metal products

3329-0.5-0.30.2-0.40.20.7

Agriculture, construction, and mining machinery

33310.11.51.40.10.22.2

Industrial machinery

33320.20.50.3-0.10.70.6

Commercial and service industry machinery

33330.1-0.1-0.1-1.3-0.50.6

HVAC and commercial refrigeration equipment

3334-0.10.30.4-0.30.70.6

Metalworking machinery

33350.50.0-0.5-1.5-0.20.4

Turbine and power transmission equipment

33360.30.80.5-0.50.01.1

Other general purpose machinery

33390.00.90.9-0.30.41.7

Computer and peripheral equipment

334110.38.9-1.3-4.1-0.7-0.7

Communications equipment

33422.81.7-1.1-2.90.1-0.6

Audio and video equipment

33432.2-0.1-2.3-2.8-1.6-2.2

Semiconductors and electronic components

33447.99.41.4-1.13.61.3

Electronic instruments

33450.71.30.6-1.30.12.4

Magnetic media manufacturing and reproducing

33460.3-3.6-3.9-3.0-2.2-4.9

Electric lighting equipment

33510.1-0.8-0.8-2.0-0.3-0.4

Household appliances

33521.30.2-1.1-1.9-0.8-1.0

Electrical equipment

3353-0.1-0.3-0.2-1.5-0.90.8

Other electrical equipment and components

33590.2-0.1-0.3-0.7-0.1-0.1

Motor vehicles

33610.52.31.80.01.22.2

Motor vehicle bodies and trailers

3362-0.61.62.20.51.82.7

Motor vehicle parts

33631.32.20.9-0.2-0.21.4

Aerospace products and parts

33640.1-0.1-0.2-1.20.20.4

Railroad rolling stock

33650.81.81.0-0.2-0.21.7

Ship and boat building

33660.51.10.6-0.50.31.4

Other transportation equipment

33691.53.01.50.62.21.5

Household and institutional furniture

33710.3-0.7-0.9-1.60.0-0.7

Office furniture and fixtures

3372-0.3-0.6-0.3-1.20.40.0

Other furniture related products

33790.20.30.1-1.2-0.10.7

Medical equipment and supplies

33910.52.52.00.83.12.2

Other miscellaneous manufacturing

33990.2-0.3-0.5-0.80.1-0.5

Table 3. Total factor productivity in selected periods
Industry2017 NAICS codeAnnual percent change
1987-20231987-19901990-20002000-20072007-20192019-2023

Manufacturing

Animal food

3111-0.20.90.01.8-1.5-1.3

Grain and oilseed milling

31120.20.10.50.00.00.7

Sugar and confectionery products

31130.10.21.60.2-1.50.7

Fruit and vegetable preserving and specialty

31140.0-1.70.90.9-0.4-1.1

Dairy products

31150.1-0.90.11.1-0.1-0.6

Animal slaughtering and processing

31160.70.11.11.6-0.42.0

Seafood product preparation and packaging

31170.0-1.41.01.9-0.1-4.5

Bakeries and tortilla products

3118-0.8-3.60.20.6-1.6-1.0

Other food products

31190.10.10.21.5-0.7-0.4

Beverages

31210.11.00.42.1-0.6-2.9

Tobacco

3122-0.61.61.2-1.0-2.5-0.3

Fiber, yarn, and thread mills

31310.91.30.44.2-0.40.0

Fabric mills

31320.90.81.33.6-0.6-0.5

Textile and fabric finishing mills

3133-0.40.60.70.5-0.5-5.1

Textile furnishings mills

31410.10.00.20.7-1.33.1

Other textile product mills

31490.40.1-0.21.90.4-0.6

Apparel knitting mills

31510.40.5-0.3-1.51.03.4

Cut and sew apparel

3152-0.6-1.2-0.6-1.4-0.30.5

Accessories and other apparel

3159-1.71.0-3.0-1.9-1.3-1.1

Leather and hide tanning and finishing

31611.0-4.11.8-3.93.93.6

Footwear

3162-0.4-1.4-0.30.0-0.2-1.5

Other leather products

31690.40.3-2.03.00.71.4

Sawmills and wood preservation

32111.01.5-0.11.80.83.0

Plywood and engineered wood products

32120.0-0.8-0.21.00.3-1.6

Other wood products

3219-0.4-0.6-0.70.60.0-2.6

Pulp, paper, and paperboard mills

32210.3-1.21.02.10.3-3.2

Converted paper products

3222-0.20.30.10.9-0.8-1.3

Printing and related support activities

3231-0.10.1-0.31.00.2-2.3

Petroleum and coal products

32410.1-1.92.5-2.0-0.30.8

Basic chemicals

32510.0-0.3-2.03.6-0.60.8

Resin, rubber, and artificial fibers

32520.4-1.50.82.4-1.12.1

Agricultural chemicals

32531.21.21.14.2-1.03.1

Pharmaceuticals and medicines

3254-1.0-1.9-1.90.4-0.8-1.7

Paints, coatings, and adhesives

3255-0.8-2.1-0.42.0-1.0-5.1

Soaps, cleaning compounds, and toiletries

3256-0.3-1.1-0.14.8-1.3-5.9

Other chemical products and preparations

32590.2-1.21.40.6-0.7-0.2

Plastics products

32610.1-0.11.11.2-0.3-2.8

Rubber products

32620.21.11.20.8-0.3-2.7

Clay products and refractories

32710.31.41.3-0.1-0.60.1

Glass and glass products

32720.40.42.01.0-0.4-2.6

Cement and concrete products

3273-0.31.20.50.0-1.4-0.3

Lime and gypsum products

3274-0.7-1.4-0.70.9-1.5-0.8

Other nonmetallic mineral products

32790.3-0.20.92.5-0.3-2.8

Iron and steel mills and ferroalloys

33110.71.31.71.21.0-4.0

Steel products from purchased steel

33120.21.40.90.5-0.90.6

Alumina and aluminum production

33130.80.3-0.32.51.7-2.1

Other nonferrous metal production

33140.6-4.22.9-3.02.01.1

Foundries

33150.10.01.01.1-0.3-2.8

Forging and stamping

33210.2-0.40.04.3-0.4-3.5

Cutlery and handtools

33220.0-1.10.10.80.2-1.5

Architectural and structural metals

3323-0.4-1.0-0.51.8-0.7-2.6

Boilers, tanks, and shipping containers

3324-0.20.71.10.7-0.9-3.9

Hardware

3325-0.7-2.10.2-0.6-0.6-2.8

Spring and wire products

3326-0.40.50.91.7-0.9-6.3

Machine shops and threaded products

33270.61.41.61.7-0.6-0.6

Coating, engraving, and heat treating metals

33280.61.40.43.4-0.1-2.1

Other fabricated metal products

3329-0.5-1.5-0.51.9-1.5-1.1

Agriculture, construction, and mining machinery

33310.12.6-0.62.0-0.90.0

Industrial machinery

33320.20.40.91.7-0.4-2.9

Commercial and service industry machinery

33330.10.9-0.6-0.30.30.9

HVAC and commercial refrigeration equipment

3334-0.1-0.10.61.8-0.3-4.3

Metalworking machinery

33350.50.30.22.50.1-0.2

Turbine and power transmission equipment

33360.3-0.50.40.00.31.6

Other general purpose machinery

33390.00.5-0.12.1-0.9-1.4

Computer and peripheral equipment

334110.36.919.518.12.42.5

Communications equipment

33422.83.55.45.00.10.9

Audio and video equipment

33432.24.42.13.11.71.0

Semiconductors and electronic components

33447.96.319.96.61.13.6

Electronic instruments

33450.71.70.31.20.50.5

Magnetic media manufacturing and reproducing

33460.30.31.72.2-1.6-0.5

Electric lighting equipment

33510.1-1.40.71.40.1-2.6

Household appliances

33521.30.22.13.40.4-0.6

Electrical equipment

3353-0.10.90.51.1-1.0-1.8

Other electrical equipment and components

33590.2-1.11.30.40.1-1.4

Motor vehicles

33610.50.3-0.33.0-0.72.2

Motor vehicle bodies and trailers

3362-0.6-2.20.30.1-0.6-3.2

Motor vehicle parts

33631.3-0.72.22.00.71.5

Aerospace products and parts

33640.1-1.5-0.12.4-0.4-0.2

Railroad rolling stock

33650.81.02.0-1.60.62.6

Ship and boat building

33660.50.3-0.2-0.71.80.3

Other transportation equipment

33691.5-1.42.55.5-1.01.7

Household and institutional furniture

33710.3-0.10.40.9-0.20.5

Office furniture and fixtures

3372-0.3-2.41.40.6-0.3-4.6

Other furniture related products

33790.20.00.81.2-0.1-2.4

Medical equipment and supplies

33910.52.00.51.5-0.60.7

Other miscellaneous manufacturing

33990.21.00.51.2-0.4-0.9

Table 4. Contributions to labor productivity
Industry2017 NAICS codeAnnual percent change, 1987-2023
Labor productivityContribution of capital intensityContribution of intermediate inputs intensityTotal factor productivity

Manufacturing

Animal food

31111.30.31.2-0.2

Grain and oilseed milling

31121.90.21.40.2

Sugar and confectionery products

31130.80.30.40.1

Fruit and vegetable preserving and specialty

31140.80.20.50.0

Dairy products

31151.00.20.70.1

Animal slaughtering and processing

31160.50.2-0.30.7

Seafood product preparation and packaging

31171.00.30.70.0

Bakeries and tortilla products

31180.00.10.6-0.8

Other food products

3119-0.4-0.3-0.10.1

Beverages

3121-0.6-0.3-0.40.1

Tobacco

31222.11.90.8-0.6

Fiber, yarn, and thread mills

31311.30.00.40.9

Fabric mills

31322.30.31.10.9

Textile and fabric finishing mills

31330.30.20.6-0.4

Textile furnishings mills

31410.50.40.00.1

Other textile product mills

31490.80.10.30.4

Apparel knitting mills

31510.80.30.20.4

Cut and sew apparel

31520.30.60.3-0.6

Accessories and other apparel

3159-2.80.0-1.1-1.7

Leather and hide tanning and finishing

31610.80.1-0.31.0

Footwear

31620.80.40.9-0.4

Other leather products

31690.70.00.30.4

Sawmills and wood preservation

32111.6-0.10.61.0

Plywood and engineered wood products

32120.5-0.10.70.0

Other wood products

32190.50.10.8-0.4

Pulp, paper, and paperboard mills

32211.60.40.90.3

Converted paper products

32220.50.30.4-0.2

Printing and related support activities

32310.80.30.6-0.1

Petroleum and coal products

32412.00.21.70.1

Basic chemicals

32511.70.41.40.0

Resin, rubber, and artificial fibers

32521.50.40.70.4

Agricultural chemicals

32531.60.30.01.2

Pharmaceuticals and medicines

3254-0.90.4-0.3-1.0

Paints, coatings, and adhesives

3255-0.20.10.5-0.8

Soaps, cleaning compounds, and toiletries

32560.10.40.0-0.3

Other chemical products and preparations

32591.60.41.00.2

Plastics products

32610.80.20.50.1

Rubber products

32621.40.21.00.2

Clay products and refractories

32711.10.20.60.3

Glass and glass products

32721.40.20.80.4

Cement and concrete products

3273-0.1-0.10.2-0.3

Lime and gypsum products

32740.70.41.1-0.7

Other nonmetallic mineral products

32790.4-0.10.20.3

Iron and steel mills and ferroalloys

33111.9-0.11.30.7

Steel products from purchased steel

33120.7-0.20.70.2

Alumina and aluminum production

33131.20.10.30.8

Other nonferrous metal production

33140.80.2-0.10.6

Foundries

33151.00.10.90.1

Forging and stamping

33211.40.20.90.2

Cutlery and handtools

33220.70.20.50.0

Architectural and structural metals

33230.40.00.8-0.4

Boilers, tanks, and shipping containers

33240.30.00.5-0.2

Hardware

33250.30.30.8-0.7

Spring and wire products

33260.80.30.9-0.4

Machine shops and threaded products

33271.50.20.70.6

Coating, engraving, and heat treating metals

33281.50.10.80.6

Other fabricated metal products

33290.20.10.6-0.5

Agriculture, construction, and mining machinery

33311.40.01.30.1

Industrial machinery

33320.60.00.40.2

Commercial and service industry machinery

33331.20.11.00.1

HVAC and commercial refrigeration equipment

33340.60.10.5-0.1

Metalworking machinery

33351.50.10.90.5

Turbine and power transmission equipment

33361.40.10.90.3

Other general purpose machinery

33391.20.11.10.0

Computer and peripheral equipment

334113.51.01.910.3

Communications equipment

33424.70.31.52.8

Audio and video equipment

33432.70.10.42.2

Semiconductors and electronic components

334410.71.70.97.9

Electronic instruments

33452.70.31.60.7

Magnetic media manufacturing and reproducing

3346-0.60.2-1.10.3

Electric lighting equipment

33511.20.30.80.1

Household appliances

33522.10.20.61.3

Electrical equipment

33531.10.11.1-0.1

Other electrical equipment and components

33590.70.00.40.2

Motor vehicles

33612.30.21.60.5

Motor vehicle bodies and trailers

33621.00.01.6-0.6

Motor vehicle parts

33632.40.01.11.3

Aerospace products and parts

33641.20.30.70.1

Railroad rolling stock

33652.10.11.20.8

Ship and boat building

33661.60.11.00.5

Other transportation equipment

33692.40.20.61.5

Household and institutional furniture

33711.00.20.50.3

Office furniture and fixtures

33720.60.30.6-0.3

Other furniture related products

33791.50.21.10.2

Medical equipment and supplies

33911.70.70.60.5

Other miscellaneous manufacturing

33990.50.10.20.2

Last Modified Date: June 24, 2026