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For release 10:00 a.m. (EDT) Wednesday, December 9, 2009 USDL-09-1502 Technical Information: (202) 691-5618 • dipsweb@bls.gov • www.bls.gov/lpc Media Contact: (202) 691-5902 • PressOffice@bls.gov PRODUCTIVITY AND COSTS BY INDUSTRY: MANUFACTURING INDUSTRIES, 2007 Labor productivity – defined as output per hour – rose in 53 percent of detailed manufacturing industries in 2007, the U.S. Bureau of Labor Statistics reported today. This was about unchanged from the proportion that recorded productivity increases the previous year. (See table 1.) Unit labor costs declined in 19 percent of the industries. Output fell and hours declined in more industries in 2007 than in 2006. Output fell in 58 percent of the 86 4- digit NAICS industries in 2007 and hours fell in 63 percent. More industries experienced sharp increases or large declines in productivity in 2007 than in the previous year. Productivity rose by 10 percent or more in ten industries and declined by 10 percent or more in nine industries. Two of the ten largest detailed industries by employment size – aerospace products and parts manufacturing and semiconductors and electronic components manufacturing – posted double-digit output and productivity growth in 2007. Unit labor costs fell in 16 of the 86 manufacturing industries in 2007. (See table 1.) Unit labor costs reflect the total labor costs required to produce a unit of output. Increases in labor productivity help to offset increases in hourly compensation and thus limit increases in unit labor costs. This report presents data for the manufacturing industries included in the attached tables. Productivity data for industries in other sectors have been published in separate releases and can be found on the BLS Labor Productivity and Costs web site at http://www.bls.gov/lpc. Over the longer 1987-2007 period, labor productivity increased in over 95 percent of the detailed manufacturing industries. (See table 2.) Chart 1 (which appears in the PDF version of this news release) compares the distribution of productivity growth rates for 4-digit manufacturing industries in the most recent year with those for the period from 1987 to 2007. Productivity rose in a higher proportion of the more aggregate industries. In 2007 labor productivity increased in 13 of the 21 3-digit NAICS manufacturing industries. Chart 2 (which appears in the PDF version of this news release) shows the range of productivity changes for all 3-digit manufacturing industries. Productivity rose the fastest in primary metals manufacturing and in computer and electronic products manufacturing, two industries where output increased rapidly but hours fell. In contrast, a very large drop in output combined with a much smaller drop in labor hours resulted in a large productivity decline in apparel manufacturing. Unit labor costs fell in 2 of the aggregate industries in 2007: primary metals manufacturing and transportation equipment manufacturing. Between 1987 and 2007, productivity rose in all but one of the 21 aggregate industries. The only industry to decline was apparel manufacturing, as output fell more rapidly than hours. Year-to-year movements in industry productivity measures may be erratic, particularly in smaller industries. The annual measures based on sample data may differ from measures generated by a census of establishments in the industry. Annual changes in an industry’s output and use of labor may reflect cyclical changes in the economy as well as long-term trends. As a result, long-term productivity changes tend to be more reliable indicators of industry performance than are year-to-year changes. Revisions: This news release incorporates data from the Census Bureau’s 2007 Economic Census and the annual benchmark revision of the BLS Current Employment Statistics (CES) survey published in February 2009. The productivity measures in this release reflect, for the first time, data classified according to the 2007 NAICS; series for some industries may have changed as a result. The base year has been changed from 1997 to 2002 for all indexes. All of the measures for 2007 in this release are preliminary and subject to revision. The manufacturing industry measures have been revised to include, for the first time, the output of nonemployer firms and the employment, hours, and labor compensation of self-employed and unpaid family workers. Although small, the revision reflects a more complete accounting of the economic activity in each industry, and improves consistency with the measures for other sectors that account for the activity of these firms and workers. The employment and hours series included in this news release were previously released in September 2009 as part of a database of employment and hours for a comprehensive set of 3- and 4-digit NAICS industries.
Technical Note Labor Productivity The industry labor productivity measures describe the relationship between industry output and the labor time involved in its production. They show the changes from period to period in the amount of goods and services produced per hour. Although the labor productivity measures relate output to hours of all persons in an industry, they do not measure the specific contribution of labor or any other factor of production. 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; managerial skill; and the characteristics and effort of the workforce. Output Industry output is measured as an annual-weighted index of the changes in the various products or services (in real terms) provided for sale outside the industry. Real industry output is usually derived by deflating nominal sales or values of production using BLS price indexes, but for some industries it is measured by physical quantities of output. For manufacturing industries, industry output reflects sectoral value of production, derived by adjusting shipments for changes in inventories and removing intra-industry transactions. Industry output measures are constructed primarily using data from the economic censuses and annual surveys of the U.S. Census Bureau, U.S. Department of Commerce, together with information on price changes primarily from BLS. Labor Hours The primary source of data on industry employment and hours is the BLS Current Employment Statistics (CES) survey. The CES provides monthly data on the number of total and production worker jobs held by wage and salary workers in nonfarm establishments, as well as data on the average weekly hours of production workers in those establishments. CES data are supplemented or further disaggregated for some industries using data from the BLS Quarterly Census of Employment and Wages (QCEW), the Bureau of the Census, or other sources. Data from the Current Population Survey (CPS) also supplement the CES data. CPS data are used to estimate employment and hours of self- employed and unpaid family workers in each industry. Data from the CPS, together with the CES data, are also used to estimate the historical average weekly hours of nonproduction workers for each industry. Hours of all persons in an industry are treated as homogeneous and are directly aggregated. Unit Labor Costs Unit labor costs represent the cost of labor required to produce one unit of output. The unit labor cost indexes are computed by dividing an index of industry labor compensation by an index of real industry output. Unit labor costs also describe the relationship between compensation per hour and real output per hour (labor productivity). Increases in hourly compensation increase unit labor costs; increases in labor productivity offset compensation increases and lower unit labor costs. Compensation, defined as payroll plus supplemental payments, is a measure of the cost to the employer of securing the services of labor. Payroll includes salaries, wages, commissions, dismissal pay, bonuses, vacation and sick leave pay, and compensation in kind. Supplemental payments include legally required expenditures and payments for voluntary programs. The legally required portion consists primarily of Federal old age and survivors’ insurance, unemployment compensation, and workers’ compensation. Payments for voluntary programs include all programs not specifically required by legislation, such as the employer portion of private health insurance and pension plans. Additional Information While the rates of change reported by BLS in this news release are rounded to one decimal place, all industry productivity percent changes are calculated using index numbers to three decimal places. Industry productivity and related indexes and rates of change can be accessed online by visiting the Labor Productivity and Costs web site at http://www.bls.gov/lpc/. Levels of industry employment, hours, labor compensation, and value of production, and the implicit price deflator for output for these industries are available upon request by calling the Division of Industry Productivity Studies (202-691-5618) or by sending a request by e-mail to dipsweb@bls.gov. Information in this report will be made available to sensory-impaired individuals upon request. Voice phone: 202-691-5618; TDD message referral phone number: 1-800-877-8339. To subscribe to the industry productivity program’s electronic notification service, send an e-mail to dipsnews@bls.gov with the word “subscribe” in the subject line.
Table 1. Percent change in output per hour, output, hours, compensation, and unit labor costs, 2006-2007 Percent change, 2006-2007 2007 --------------------------------------------------- NAICS Industry Employment Output Labor Unit labor code (thousands) per hour Output Hours compensation costs Manufacturing 311 Food 1515 -2.6 -0.6 2.1 5.5 6.2 3111 Animal food 50 1.0 -2.8 -3.8 8.4 11.6 3112 Grain and oilseed milling 61 1.7 3.3 1.6 1.0 -2.3 3113 Sugar and confectionery products 75 -8.9 -6.6 2.5 5.1 12.6 3114 Fruit and vegetable preserving and specialty 174 6.6 3.7 -2.7 7.2 3.3 3115 Dairy products 136 -1.2 1.1 2.4 6.5 5.4 3116 Animal slaughtering and processing 514 -3.3 -0.9 2.5 13.9 15.0 3117 Seafood product preparation and packaging 43 -10.5 -1.0 10.7 7.8 8.9 3118 Bakeries and tortilla manufacturing 293 -2.4 -1.8 0.6 -2.2 -0.4 3119 Other food products 168 -7.8 -0.1 8.3 -1.5 -1.4 312 Beverages and tobacco products 201 -3.1 -1.5 1.6 1.7 3.3 3121 Beverages 178 0.1 3.3 3.2 4.1 0.7 3122 Tobacco and tobacco products 22 -0.6 -11.1 -10.6 -8.8 2.5 313 Textile mills 179 1.5 -10.1 -11.4 -3.5 7.4 3131 Fiber, yarn, and thread mills 42 9.7 -5.1 -13.5 7.1 13.0 3132 Fabric mills 82 0.6 -12.6 -13.1 -10.5 2.4 3133 Textile and fabric finishing mills 55 -3.8 -10.7 -7.1 2.5 14.7 314 Textile product mills 176 -11.2 -17.8 -7.5 0.7 22.6 3141 Textile furnishings mills 91 -7.3 -18.8 -12.5 3.7 27.8 3149 Other textile product mills 85 -14.6 -15.8 -1.4 -2.2 16.1 315 Apparel 245 -29.7 -31.4 -2.4 -8.3 33.7 3151 Apparel knitting mills 35 -32.8 -35.2 -3.5 -9.1 40.2 3152 Cut and sew apparel 191 -29.4 -30.8 -2.0 -7.1 34.2 3159 Accessories and other apparel 19 -25.7 -28.7 -4.0 -17.5 15.6 316 Leather and allied products 39 -5.5 -11.5 -6.3 -2.2 10.6 3161 Leather and hide tanning and finishing 5 30.3 12.8 -13.4 -6.3 -16.9 3162 Footwear 17 -19.8 -18.0 2.2 -9.2 10.7 3169 Other leather products 17 -2.5 -14.4 -12.2 5.3 23.0 321 Wood products 548 0.3 -7.1 -7.3 -1.0 6.5 3211 Sawmills and wood preservation 118 -5.0 -10.3 -5.6 -4.0 7.0 3212 Plywood and engineered wood products 109 3.7 -9.3 -12.5 -6.3 3.2 3219 Other wood products 321 1.9 -4.4 -6.1 2.3 7.0 322 Paper and paper products 459 3.6 1.0 -2.6 1.2 0.2 3221 Pulp, paper, and paperboard mills 132 2.9 -2.0 -4.8 -3.3 -1.3 3222 Converted paper products 326 4.6 2.9 -1.6 4.3 1.3 323 Printing and related support activities 658 3.1 1.0 -2.1 7.8 6.8 3231 Printing and related support activities 658 3.1 1.0 -2.1 7.8 6.8 324 Petroleum and coal products 115 1.4 0.0 -1.4 0.7 0.7 3241 Petroleum and coal products 115 1.4 0.0 -1.4 0.7 0.7 325 Chemicals 869 6.9 5.1 -1.7 6.3 1.1 3251 Basic chemicals 149 15.5 13.7 -1.5 -0.3 -12.3 3252 Resin, rubber, and artificial fibers 109 3.0 5.8 2.7 15.2 8.9 3253 Agricultural chemicals 36 6.0 -3.9 -9.3 5.5 9.8 3254 Pharmaceuticals and medicines 296 -2.3 -0.9 1.5 6.8 7.8 3255 Paints, coatings, and adhesives 66 -2.1 -4.0 -1.9 8.5 13.0 3256 Soaps, cleaning compounds, and toiletries 112 20.7 13.5 -6.0 8.2 -4.7 3259 Other chemical products and preparations 101 15.5 6.8 -7.5 6.7 -0.1 326 Plastics and rubber products 762 -0.5 -2.0 -1.5 1.5 3.5 3261 Plastics products 612 -1.6 -2.7 -1.2 2.4 5.3 3262 Rubber products 150 4.6 1.7 -2.8 -1.8 -3.4 327 Nonmetallic mineral products 515 0.7 -1.7 -2.4 1.3 3.1 3271 Clay products and refractories 63 -5.7 -10.6 -5.2 -5.5 5.7 3272 Glass and glass products 102 -0.6 -4.4 -3.8 -3.6 0.8 3273 Cement and concrete products 246 3.7 -0.4 -4.0 0.6 1.1 3274 Lime and gypsum products 19 -4.6 -4.4 0.1 3.8 8.6 3279 Other nonmetallic mineral products 85 -2.7 3.2 6.1 13.7 10.2 331 Primary metals 458 8.0 3.8 -3.9 2.9 -0.9 3311 Iron and steel mills and ferroalloy production 101 3.0 4.8 1.7 6.0 1.2 3312 Steel products from purchased steel 61 -2.1 -4.1 -2.0 1.0 5.3 3313 Alumina and aluminum production 71 7.2 0.3 -6.4 -3.4 -3.7 3314 Other nonferrous metal production 69 21.5 13.0 -7.0 20.4 6.5 3315 Foundries 156 1.1 -4.4 -5.5 -3.8 0.6 332 Fabricated metal products 1598 1.7 3.0 1.3 10.0 6.8 3321 Forging and stamping 111 5.7 3.0 -2.6 7.4 4.2 3322 Cutlery and hand tools 53 12.2 2.3 -8.8 7.3 4.9 3323 Architectural and structural metals 424 -0.4 2.7 3.0 14.9 11.9 3324 Boilers, tanks, and shipping containers 97 3.2 6.7 3.4 8.6 1.8 3325 Hardware 34 -14.6 -14.2 0.4 -5.8 9.8 3326 Spring and wire products 57 -1.9 -3.8 -2.0 -0.1 3.9 3327 Machine shops and threaded products 376 2.4 3.6 1.2 12.5 8.5 3328 Coating, engraving, and heat treating metals 149 2.6 4.7 2.1 12.1 7.0 3329 Other fabricated metal products 297 0.6 2.5 1.9 6.0 3.5 333 Machinery 1204 0.2 1.2 1.0 6.7 5.5 3331 Agriculture, construction, and mining machinery 232 -3.3 5.2 8.8 12.4 6.9 3332 Industrial machinery 128 2.3 3.3 1.0 8.3 4.8 3333 Commercial and service industry machinery 110 -10.0 -6.5 3.9 1.4 8.4 3334 HVAC and commercial refrigeration equipment 155 -3.7 -5.7 -2.0 0.5 6.5 3335 Metalworking machinery 200 5.0 -0.7 -5.5 5.7 6.5 3336 Turbine and power transmission equipment 102 -0.3 -1.6 -1.3 4.2 5.9 3339 Other general purpose machinery 278 2.2 3.0 0.7 8.0 4.9 334 Computer and electronic products 1280 8.0 4.7 -3.0 8.7 3.8 3341 Computer and peripheral equipment 187 22.3 18.4 -3.1 -10.6 -24.5 3342 Communications equipment 129 -4.6 -14.3 -10.1 5.2 22.7 3343 Audio and video equipment 30 -27.3 -30.2 -3.9 -7.5 32.4 3344 Semiconductors and electronic components 450 15.6 11.0 -4.0 14.4 3.1 3345 Electronic instruments 445 7.3 8.5 1.1 10.6 1.9 3346 Magnetic media manufacturing and reproduction 39 2.7 -7.8 -10.2 7.4 16.6 335 Electrical equipment and appliances 432 2.6 2.3 -0.3 6.3 4.0 3351 Electric lighting equipment 59 0.9 3.3 2.4 5.1 1.8 3352 Household appliances 77 -2.9 -2.1 0.8 -10.7 -8.8 3353 Electrical equipment 158 5.5 6.2 0.7 7.9 1.6 3359 Other electrical equipment and components 139 4.3 1.1 -3.1 12.6 11.4 336 Transportation equipment 1726 6.4 3.3 -2.9 0.8 -2.4 3361 Motor vehicles 221 4.8 -0.7 -5.2 -4.8 -4.2 3362 Motor vehicle bodies and trailers 168 6.9 -5.0 -11.2 3.3 8.7 3363 Motor vehicle parts 613 3.2 -3.1 -6.1 -4.7 -1.7 3364 Aerospace products and parts 492 12.0 16.8 4.3 4.4 -10.6 3365 Railroad rolling stock 28 -0.8 -0.3 0.5 26.0 26.4 3366 Ship and boat building 163 1.8 1.9 0.2 15.7 13.5 3369 Other transportation equipment 42 21.0 17.0 -3.3 9.0 -6.9 337 Furniture and related products 568 -2.7 -6.9 -4.3 3.7 11.4 3371 Household and institutional furniture 380 -3.6 -9.3 -5.9 1.7 12.1 3372 Office furniture and fixtures 139 -2.7 -3.6 -0.9 7.9 11.8 3379 Other furniture-related products 49 -0.9 -2.0 -1.1 3.8 5.9 339 Miscellaneous manufacturing 710 -3.3 -4.4 -1.1 2.7 7.4 3391 Medical equipment and supplies 320 -3.5 -2.1 1.5 5.5 7.7 3399 Other miscellaneous manufacturing 390 -3.7 -6.8 -3.3 -0.1 7.2
Table 2. Average annual percent change in output per hour, output, hours, compensation, and unit labor costs, 1987-2007 Average annual percent change, 1987-2007 ---------------------------------------------------- NAICS Industry Output Labor Unit labor code per hour Output Hours compensation costs Manufacturing 311 Food 1.1 1.5 0.3 3.2 1.7 3111 Animal food 3.2 2.1 -1.0 3.3 1.2 3112 Grain and oilseed milling 2.3 1.2 -1.1 2.0 0.8 3113 Sugar and confectionery products 1.3 0.3 -0.9 2.2 1.9 3114 Fruit and vegetable preserving and specialty 1.8 1.5 -0.3 3.0 1.5 3115 Dairy products 1.3 0.9 -0.3 3.1 2.1 3116 Animal slaughtering and processing 0.8 2.3 1.5 4.0 1.7 3117 Seafood product preparation and packaging 2.1 1.3 -0.8 3.5 2.2 3118 Bakeries and tortilla manufacturing 0.9 0.5 -0.3 2.2 1.7 3119 Other food products 0.4 2.1 1.7 4.4 2.2 312 Beverages and tobacco products 0.7 0.0 -0.7 1.5 1.4 3121 Beverages 1.9 1.8 -0.1 2.1 0.3 3122 Tobacco and tobacco products 1.2 -2.7 -3.9 -0.8 2.0 313 Textile mills 3.7 -1.9 -5.5 -2.0 0.0 3131 Fiber, yarn, and thread mills 4.3 -0.8 -4.9 -1.2 -0.4 3132 Fabric mills 4.7 -2.1 -6.5 -2.2 -0.1 3133 Textile and fabric finishing mills 1.3 -2.7 -3.9 -2.2 0.5 314 Textile product mills 0.9 -0.8 -1.7 1.3 2.0 3141 Textile furnishings mills 0.7 -1.0 -1.7 0.5 1.6 3149 Other textile product mills 1.4 -0.2 -1.6 2.3 2.5 315 Apparel -0.9 -7.5 -6.6 -5.0 2.7 3151 Apparel knitting mills -0.4 -6.3 -5.9 -5.3 1.1 3152 Cut and sew apparel -0.9 -7.8 -6.9 -5.0 3.0 3159 Accessories and other apparel -2.9 -6.7 -3.9 -3.9 3.0 316 Leather and allied products 2.1 -4.3 -6.3 -2.9 1.5 3161 Leather and hide tanning and finishing 0.9 -4.3 -5.2 -2.6 1.8 3162 Footwear 1.3 -6.5 -7.7 -5.0 1.7 3169 Other leather products 2.1 -2.4 -4.4 -0.6 1.9 321 Wood products 1.5 0.8 -0.7 3.3 2.4 3211 Sawmills and wood preservation 2.4 0.6 -1.7 1.8 1.2 3212 Plywood and engineered wood products 1.0 0.9 0.0 3.2 2.2 3219 Other wood products 1.3 0.9 -0.4 3.9 3.1 322 Paper and paper products 2.1 0.4 -1.6 1.6 1.2 3221 Pulp, paper, and paperboard mills 3.1 0.0 -3.0 0.5 0.4 3222 Converted paper products 1.6 0.7 -0.9 2.5 1.8 323 Printing and related support activities 1.4 0.4 -1.0 2.2 1.8 3231 Printing and related support activities 1.4 0.4 -1.0 2.2 1.8 324 Petroleum and coal products 2.8 1.2 -1.6 3.9 2.7 3241 Petroleum and coal products 2.8 1.2 -1.6 3.9 2.7 325 Chemicals 2.2 1.6 -0.6 3.3 1.7 3251 Basic chemicals 3.6 1.2 -2.4 2.0 0.8 3252 Resin, rubber, and artificial fibers 2.8 1.3 -1.5 2.1 0.9 3253 Agricultural chemicals 2.9 1.0 -1.8 1.8 0.7 3254 Pharmaceuticals and medicines 0.8 3.4 2.6 6.4 2.9 3255 Paints, coatings, and adhesives 1.2 0.1 -1.2 2.8 2.7 3256 Soaps, cleaning compounds, and toiletries 3.5 2.9 -0.6 3.1 0.2 3259 Other chemical products and preparations 2.7 0.5 -2.1 1.7 1.2 326 Plastics and rubber products 2.4 2.3 -0.1 1.2 -1.1 3261 Plastics products 2.3 2.6 0.3 4.0 1.3 3262 Rubber products 2.6 1.1 -1.5 -3.6 -4.6 327 Nonmetallic mineral products 1.4 1.3 -0.1 2.7 1.4 3271 Clay products and refractories 1.2 -0.9 -2.1 0.5 1.4 3272 Glass and glass products 2.3 0.7 -1.6 1.0 0.4 3273 Cement and concrete products 0.8 2.0 1.3 4.0 1.9 3274 Lime and gypsum products 1.2 0.5 -0.8 3.3 2.8 3279 Other nonmetallic mineral products 1.6 1.8 0.2 3.5 1.7 331 Primary metals 3.1 1.1 -1.9 1.1 0.0 3311 Iron and steel mills and ferroalloy production 5.2 2.4 -2.7 0.4 -1.9 3312 Steel products from purchased steel -0.9 -1.4 -0.6 1.1 2.5 3313 Alumina and aluminum production 3.0 0.8 -2.2 1.0 0.2 3314 Other nonferrous metal production 1.2 -1.1 -2.3 2.4 3.6 3315 Foundries 2.6 0.9 -1.6 1.5 0.5 332 Fabricated metal products 1.8 1.8 0.1 3.2 1.4 3321 Forging and stamping 3.2 2.2 -0.9 2.6 0.3 3322 Cutlery and hand tools 1.8 -0.2 -2.0 1.8 2.0 3323 Architectural and structural metals 1.3 2.2 0.9 4.4 2.2 3324 Boilers, tanks, and shipping containers 0.9 0.4 -0.5 2.0 1.6 3325 Hardware 0.9 -2.0 -2.9 -0.7 1.3 3326 Spring and wire products 2.6 1.0 -1.5 2.1 1.2 3327 Machine shops and threaded products 2.4 3.5 1.1 4.9 1.3 3328 Coating, engraving, and heat treating metals 3.1 3.6 0.4 4.0 0.4 3329 Other fabricated metal products 1.4 0.8 -0.5 2.0 1.2 333 Machinery 2.7 2.0 -0.7 2.5 0.4 3331 Agriculture, construction, and mining machinery 2.8 3.4 0.6 3.2 -0.2 3332 Industrial machinery 3.2 2.5 -0.7 3.0 0.6 3333 Commercial and service industry machinery 1.3 -0.2 -1.5 0.6 0.8 3334 HVAC and commercial refrigeration equipment 2.2 1.9 -0.3 2.5 0.6 3335 Metalworking machinery 2.2 0.6 -1.6 1.9 1.4 3336 Turbine and power transmission equipment 2.3 1.9 -0.3 1.5 -0.4 3339 Other general purpose machinery 2.9 2.1 -0.8 3.1 1.0 334 Computer and electronic products 12.5 9.9 -2.3 1.5 -7.6 3341 Computer and peripheral equipment 24.3 19.2 -4.1 -2.8 -18.4 3342 Communications equipment 7.8 4.6 -3.0 1.0 -3.4 3343 Audio and video equipment 4.8 1.2 -3.4 1.3 0.1 3344 Semiconductors and electronic components 17.4 15.8 -1.4 2.7 -11.3 3345 Electronic instruments 4.3 2.2 -2.0 2.2 0.0 3346 Magnetic media manufacturing and reproduction 2.6 1.7 -0.9 1.6 -0.2 335 Electrical equipment and appliances 2.9 0.7 -2.2 1.6 0.9 3351 Electric lighting equipment 2.1 0.5 -1.6 1.9 1.4 3352 Household appliances 4.4 1.5 -2.7 0.0 -1.5 3353 Electrical equipment 3.2 0.7 -2.4 1.5 0.8 3359 Other electrical equipment and components 2.2 0.3 -1.8 2.2 1.9 336 Transportation equipment 3.2 2.1 -1.0 1.4 -0.7 3361 Motor vehicles 4.2 2.5 -1.6 1.3 -1.1 3362 Motor vehicle bodies and trailers 1.6 2.5 0.9 5.1 2.5 3363 Motor vehicle parts 3.1 2.9 -0.2 1.6 -1.3 3364 Aerospace products and parts 2.0 -0.4 -2.4 0.2 0.6 3365 Railroad rolling stock 4.7 5.3 0.7 4.2 -1.1 3366 Ship and boat building 1.5 1.1 -0.4 2.7 1.6 3369 Other transportation equipment 5.7 6.1 0.3 4.8 -1.2 337 Furniture and related products 1.7 1.0 -0.7 3.0 2.0 3371 Household and institutional furniture 1.6 0.8 -0.8 3.0 2.2 3372 Office furniture and fixtures 1.7 1.1 -0.6 2.9 1.8 3379 Other furniture-related products 2.2 2.5 0.3 3.6 1.0 339 Miscellaneous manufacturing 2.9 2.9 0.0 4.6 1.6 3391 Medical equipment and supplies 3.5 4.7 1.2 5.9 1.2 3399 Other miscellaneous manufacturing 2.3 1.5 -0.8 3.5 1.9