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Economic News Release
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Total Factor Productivity for Major Industries News Release



For release 10:00 a.m. (ET) Wednesday, December 4, 2024						USDL-24-2365
Technical information:	(202) 691-5606 •  productivity@bls.gov • www.bls.gov/productivity 
Media contact:	(202) 691-5902 •  PressOffice@bls.gov

			TOTAL FACTOR PRODUCTIVITY FOR MAJOR INDUSTRIES – 2023

Total factor productivity (TFP) increased in 12 out of 21 major industries in 2023, the U.S. Bureau of Labor 
Statistics reported today, led by the mining and retail trade industries. The TFP increases in 2023 were driven by 
output growth outpacing the growth in combined inputs of capital, labor, and the intermediate inputs of energy, 
materials, and services.

Output increased in 16 of 21 major industries in 2023. Among the top 4 TFP growth industries, output grew 
while combined inputs declined. Within these four industries (mining; retail trade; agriculture, forestry, fishing, 
and hunting; and utilities) intermediate inputs drove the combined inputs decline. (See table 1.)

---------------------------------------------------------------------------------------------------------------------
		Methodology Change Regarding Taxes and Subsidies in TFP Related Measures
Data in this release reflect an improved treatment of taxes and subsidies in TFP related measures. New source
data and methods have been introduced to improve the removal of net taxes on product from measured output
and improve the allocation of net taxes on production to measured capital and labor inputs. Background on the
method can be found at www.bls.gov/productivity/technical-notes/taxes-and-subsidies-method-improvementfor-
total-factor-productivity.htm.
----------------------------------------------------------------------------------------------------------------------

Over the current 2019-23 business cycle, 12 of 21 industries experienced TFP growth, while TFP declined in 9 industries. 
Output growth was positive in 18 of 21 industries over the period, indicating that output is above its 2019 level. 
Output in the remaining 3 industries (manufacturing, durable manufacturing, and nondurable manufacturing) is 
still below pre-COVID-19 pandemic levels. Labor input has grown in 17 of 21 industries during the 2019-23 
cycle, demonstrating that these industries have recovered from labor losses in 2020. (See table 3.)

TFP is defined as output per unit of combined inputs. TFP shows the relationship between changes in real sectoral 
output and changes in the combined inputs of capital input (K), labor input (L), and intermediate inputs (energy 
(E), materials (M), and services (S)) used in production of final goods and services. It reflects economic growth 
that is not due to growth in measured KLEMS inputs, including technological change, organizational changes in 
the production process, and other efficiency improvements.

Total factor productivity and KLEMS as sources of labor productivity growth

Labor productivity increased in 16 of 21 industries in 2023 as output growth outpaced the growth of hours 
worked. Labor productivity can be expressed as the sum of six components: TFP growth and the contributions of 
capital intensity, labor composition, energy intensity, materials intensity, and services intensity. The contribution 
of each KLEMS input is defined as the ratio of the services provided by that input to hours worked in the 
production process, weighted by its share of sectoral output. Examining input contributions and TFP changes 
reveals the substitution effect of increased use of an input relative to labor on an industry’s labor productivity. 
(See table 5.)

Of the 16 industries with labor productivity growth in 2023, TFP was the largest contributor in 8 industries.  
TFP’s contribution to labor productivity growth was particularly strong in mining and retail trade industries. 
Service intensity made a significant contribution to the 6.4 percent growth in labor productivity for the 
educational services industry. Service intensity also made notable positive contributions to labor productivity 
growth in the finance and insurance and other services, except government industries. The labor composition 
index estimates the effect of shifts in the composition of the workforce on hours worked, using information on 
age, education, gender, and relative wages as a proxy for experience. In 2023, 14 of the 21 industries measured 
had negative or no contribution from labor composition.

TFP and input contributions to output

The nation's private business sector output growth can be viewed as the sum of three components: total factor 
productivity, contribution of capital input, and contribution of labor input. The driver of output growth for the 
private business sector in 2023 was capital with a 1.1-percentage-point contribution. TFP and labor input each 
contributed 0.7-percentage-point.

Productivity growth is often viewed as a long run measure, encompassing many economic shocks like the 
COVID-19 pandemic. While TFP growth and contributions of capital and labor have been volatile over the last 4 
years, the current business cycle of 2019-23 shows similar contributions to aggregate output growth as the 
previous 2007-19 business cycle.

The private business sector can be divided into four broad sectors: goods producing; information and 
communication technology (ICT); finance, insurance, and real estate (FIRE); and service providing. Looking at 
these sectors provides further insights into how different sectors of the economy contribute to output. (See 
technical notes for industry makeup of each sector.)

TFP’s contribution to output

Total factor productivity’s contribution to private business output rebounded from a negative 1.6-percentage-point 
contribution in 2022 to a positive 0.7-percentage-point contribution to output growth in 2023. The 2.3-percentage-
point change in TFP’s contribution to output is due in large part to service-providing industries, as their 
contribution increased from negative 0.4-percentage-point in 2022 to positive 0.9-percentage-point in 2023. The 
strong service-providing sector upturn was driven by the retail trade industry (0.8-percentage-point). TFP in the 
goods-producing sector had a negative contribution (-0.3-percentage-point) to private business output in 2023 and 
is the only sector with a negative contribution in the 2019-23 business cycle. (See tables 6-11.)

Labor’s contribution to output

Labor’s significant decrease in contribution to private business output growth from 2.5-percentage-points in 2022 
to 0.7-percentage-point in 2023 was due to contribution declines in all four sectors. The service-providing sector 
contribution declined from 1.6-percentage-points in 2022 to 0.5-percentage-point in 2023 due to large declines in 
contributions from the professional and technical services industry (0.3-percentage-point in 2022 to 0.1-
percentage-point in 2023). Looking at the business cycle of 2019-23, labor’s 0.7-percentage-point contribution in 
2023 is in line with the current business cycle’s contribution. (See tables 6-11.)

Capital’s contribution to output

All sectors experienced positive capital contributions to private business output growth in 2023 (1.1-percentage-
point). The service-providing sector made the largest positive contribution (0.5-percentage-point), led by 
wholesale trade (0.1-percentage-point) and retail trade (0.1-percentage-point) industries.

Capital had similar positive contributions for the years 2020 to 2023 and the two most recent business cycles. The 
slight increase in capital contribution from the service-providing sector from the 2007-19 business cycle to the 
2019-23 business cycle (0.3-percentage-point to 0.4-percentage-point, respectively) was driven by the retail trade 
industry (0.0-percentage point to 0.1-percentage-point, respectively). (See tables 6-11.)

Technical Notes

Goods producing sector

This sector contains industries within agriculture, forestry, fishing, and
hunting (NAICS 11), mining (NAICS 21), utilities (NAICS 22), construction 
(NAICS 23), and manufacturing (NAICS 31-33) except computer and electronic
products (NAICS 334). 

Information and communications technology (ICT) sector

Information and communication technology (ICT) contains the following 
industries: computer and electronic products (NAICS 334), broadcasting 
and telecommunications (NAICS 515,517), data processing, internet publishing,
and other information services (NAICS 518,519) and computer systems design 
and related services (NAICS 5415). This definition is generally comparable 
to that used by the Organization for Economic Cooperation and Development 
(OECD), which defines the ICT sector using the International Standard 
Industrial Classification (ISIC) (OECD 2011). 

FIRE sector 

The finance, insurance, and real estate (FIRE) sector contains industries
within finance and insurance (NAICS 52) and real estate and rental and 
leasing (NAICS 53). 

Service providing sector 

This sector contains industries within trade (NAICS 42,44-45), transportation
and warehousing (NAICS 48-49), publishing, except internet (includes software)
(NAICS 511) and motion picture and sound recording (NAICS 512), and industries
within services (NAICS 54-81) except computer systems design and related 
services (NAICS 5415). 

Capital input  

Data on investment for fixed assets are obtained from BEA. Data on inventories
are estimated using data from BEA and additional information from IRS 
Corporation Income Returns. Data for land in the farm industry are obtained 
from USDA. Nonfarm industry detail for land is based on IRS book value data. 
Current-dollar value-added data, obtained from BEA, are used in estimating 
capital rental prices.  

Labor input  

Hours at work data reflect Productivity and Costs data as of the November 7,
2024 “Productivity and Costs” news release (USDL-24-2266).

Labor input is obtained by chained superlative Tornqvist aggregation of the
hours at work, classified by age, education, and gender with weights 
determined by each group’s share of total wages. The growth rate of 
labor composition is defined as the difference between the growth rate of
weighted labor input and the growth rate of the hours. 

Energy, materials, and services 

Data on energy, materials, and services are obtained from BEA based on 
BEA annual input-output tables. Tornqvist indexes of each of these three
input classes are derived at the NAICS industry level and then aggregated
to the industries. Materials inputs are adjusted to exclude transactions 
between establishments within the same industry for goods producing 
industries. Services are adjusted to exclude transactions between 
establishments within the same industry for all non-goods producing 
industries. 

Sectoral output  

The output concept used to measure total factor productivity for industries
is “sectoral output”. Sectoral output equals gross output (sales, receipts,
and other operating income, plus commodity taxes plus changes in 
inventories), excluding transactions between establishments within the 
same industry.  

2023 manufacturing output measures are estimated based on historical 
relationships between BLS industrial output, BLS price indexes, and data
on industrial production from the Federal Reserve Board. For select 
service providing industries, output measures are estimated using data 
from the Quarterly Services Survey from the Census Bureau. For all other
nonmanufacturing industries, sectoral output is based on indexes of real
quantity and cost measures from the BEA. Data sources by industry can be 
found at www.bls.gov/opub/hom/msp/data.htm.

Other information  

Detailed information on methods used in this release can be found in the
BLS Handbook of Methods.  Productivity Measures: Business Sector and Major
Sector section at www.bls.gov/opub/hom/msp/home.htm.

Comprehensive tables containing more detailed data than that which is 
published in this news release are available upon request at 202-691-5606 
or at www.bls.gov/productivity/tables. Industry specific contributions to 
output are available at 
www.bls.gov/productivity/highlights/contributions-of-total-factor-
productivity-major-industry-to-output.htm. 

If you are deaf, hard of hearing, or have a speech disability, 
please dial 7-1-1 to access telecommunications relay services. 

Table 1. Total factor productivity and related data, 2023
Industry2017 NAICS CodePercent Change
TFPOutputCombined InputsCapital InputLabor InputIntermediate Inputs[1]

Agriculture, forestry, fishing, and hunting

113.11.8-1.2-1.0-0.7-1.9

Mining

2119.97.9-10.00.14.5-22.5

Utilities

222.82.3-0.52.30.7-4.0

Construction

23-2.32.04.32.92.16.6

Manufacturing

31-33-3.2-1.02.32.20.33.5

Durable manufacturing

321,327,33-3.8-0.43.51.91.55.8

Nondurable manufacturing

31,322-326-2.3-1.40.92.4-1.80.9

Wholesale trade

42-1.2-4.0-2.93.31.8-8.6

Retail trade

44,456.23.9-2.23.5-0.1-6.7

Transportation and warehousing

48-491.61.2-0.42.0-0.7-1.4

Information

512.54.01.57.6-1.7-2.6

Finance and insurance

52-1.62.64.22.00.712.2

Real estate and rental and leasing

531.03.82.70.51.34.6

Professional and technical services

541.53.52.04.81.51.7

Management of companies

550.51.40.90.60.90.9

Administration and waste services

56-0.3-0.8-0.55.5-1.1-1.4

Educational services

611.48.16.61.20.910.8

Health care and social assistance

621.86.84.92.74.45.8

Arts, entertainment, and recreation

711.03.72.73.34.61.3

Accommodation and food services

72-1.83.15.00.94.17.8

Other services, except government

81-3.33.36.93.61.712.7

[1] Intermediate inputs is an aggregation of energy, materials, and services


Table 2. Total factor productivity intermediate inputs, 2023
Industry2017 NAICS CodePercent Change
Energy InputMaterials InputServices Input

Agriculture, forestry, fishing, and hunting

115.2-3.2-1.8

Mining

21-31.4-17.6-23.1

Utilities

22-2.79.1-8.7

Construction

239.94.015.7

Manufacturing

31-33-5.33.84.2

Durable manufacturing

321,327,332.36.74.0

Nondurable manufacturing

31,322-326-8.30.35.7

Wholesale trade

42-19.3-18.3-7.6

Retail trade

44,45-17.5-19.1-4.3

Transportation and warehousing

48-49-4.3-14.72.2

Information

51-8.2-7.9-1.1

Finance and insurance

529.1-0.212.8

Real estate and rental and leasing

538.0-3.05.1

Professional and technical services

54-3.40.12.4

Management of companies

55-12.73.11.2

Administration and waste services

56-3.8-6.80.5

Educational services

6110.2-0.513.1

Health care and social assistance

629.3-3.89.7

Arts, entertainment, and recreation

714.7-15.64.2

Accommodation and food services

722.1-4.414.3

Other services, except government

814.14.818.0

Table 3. Total factor productivity and related data, 2019-23
Industry2017 NAICS CodeAnnual Percent Change
TFPOutputCombined InputsCapital InputLabor InputIntermediate Inputs[1]

Agriculture, forestry, fishing, and hunting

110.90.2-0.71.9-0.9-4.1

Mining

213.62.0-1.6-1.9-3.60.9

Utilities

220.10.10.02.80.8-3.1

Construction

23-1.50.31.82.10.92.6

Manufacturing

31-33-0.5-0.50.01.80.4-1.4

Durable manufacturing

321,327,33-1.1-0.70.41.40.3-0.2

Nondurable manufacturing

31,322-3260.2-0.4-0.62.20.7-2.3

Wholesale trade

42-1.21.02.22.40.63.1

Retail trade

44,45-0.12.82.93.2-0.35.7

Transportation and warehousing

48-49-0.80.71.41.53.4-0.6

Information

512.06.44.36.41.54.0

Finance and insurance

52-0.92.03.03.31.25.3

Real estate and rental and leasing

531.54.42.81.11.74.3

Professional and technical services

542.75.62.96.02.13.3

Management of companies

553.34.91.60.41.12.7

Administration and waste services

561.22.31.14.61.00.3

Educational services

61-0.43.23.61.20.35.9

Health care and social assistance

620.73.12.42.62.22.6

Arts, entertainment, and recreation

710.13.33.22.01.44.9

Accommodation and food services

720.22.22.00.6-0.55.6

Other services, except government

81-1.41.93.42.30.66.5

[1] Intermediate inputs is an aggregation of energy, materials, and services


Table 4. Total factor productivity intermediate inputs, 2019-23
Industry2017 NAICS CodeAnnual Percent Change
Energy InputMaterials InputServices Input

Agriculture, forestry, fishing, and hunting

11-11.4-3.0-3.0

Mining

21-2.34.7-0.1

Utilities

220.0-1.1-7.0

Construction

23-0.91.29.3

Manufacturing

31-33-4.5-1.6-0.4

Durable manufacturing

321,327,33-2.20.0-0.5

Nondurable manufacturing

31,322-326-5.7-2.5-0.6

Wholesale trade

42-0.93.73.2

Retail trade

44,451.90.16.7

Transportation and warehousing

48-49-3.1-5.11.0

Information

514.31.74.6

Finance and insurance

52-6.32.05.8

Real estate and rental and leasing

53-3.70.74.9

Professional and technical services

54-1.35.62.7

Management of companies

55-3.311.32.1

Administration and waste services

56-1.5-1.40.9

Educational services

610.00.57.2

Health care and social assistance

62-0.51.43.1

Arts, entertainment, and recreation

711.4-3.66.6

Accommodation and food services

720.6-1.39.5

Other services, except government

811.26.66.8

Table 5. Sources of labor productivity, 2023
Industry2017 NAICS CodePercent ChangePercentage Point
Labor ProductivityTFPCapital IntensityLabor CompositionEnergy IntensityMaterials IntensityServices Intensity

Agriculture, forestry, fishing, and hunting

112.83.10.00.00.2-0.4-0.1

Mining

212.919.9-2.10.0-2.0-3.1-7.7

Utilities

221.22.80.5-0.1-0.90.2-1.4

Construction

230.2-2.30.10.10.20.81.3

Manufacturing

31-33-1.2-3.20.60.0-0.11.20.5

Durable manufacturing

321,327,33-1.7-3.80.10.10.01.60.3

Nondurable manufacturing

31,322-3260.3-2.31.10.0-0.10.90.7

Wholesale trade

42-6.0-1.20.3-0.1-0.3-0.6-4.2

Retail trade

44,454.06.20.80.0-0.5-0.9-1.5

Transportation and warehousing

48-492.11.60.60.1-0.3-0.60.7

Information

516.32.53.70.1-0.1-0.40.3

Finance and insurance

521.9-1.60.40.00.10.03.0

Real estate and rental and leasing

532.91.0-0.10.00.1-0.12.0

Professional and technical services

541.61.50.4-0.20.0-0.10.1

Management of companies

550.90.50.00.3-0.10.10.2

Administration and waste services

560.8-0.30.80.30.0-0.50.6

Educational services

616.41.4-0.1-0.20.2-0.25.1

Health care and social assistance

622.01.8-0.2-0.10.0-1.11.6

Arts, entertainment, and recreation

71-1.31.0-0.3-0.10.0-1.5-0.3

Accommodation and food services

72-0.7-1.8-0.50.10.0-1.02.5

Other services, except government

811.3-3.30.1-0.10.00.54.3

Table 6. Industry contributions[1] to private business output by component, 2020
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-330.180.17-0.81

Agriculture, forestry, fishing, and hunting

110.020.00-0.01

Mining

210.23-0.06-0.13

Utilities

220.120.040.00

Construction

230.080.07-0.28

Manufacturing[2]

31-33-0.260.13-0.39

Durable manufacturing[2]

321,327,33-0.340.04-0.33

Nondurable manufacturing

31,322-3260.080.09-0.06

ICT[3]

51x0.200.26-0.07

FIRE

52-53-0.220.370.02

Finance and insurance

52-0.120.220.11

Real estate and rental and leasing

53-0.100.14-0.09

Service providing

42-49,54-81-0.790.29-2.33

Wholesale trade

420.320.03-0.21

Retail trade

44, 45-0.080.09-0.17

Transportation and Warehousing

48-49-0.370.02-0.15

Information[4]

510.110.01-0.06

Professional and technical services[5]

540.080.08-0.27

Management of companies

550.100.00-0.05

Administrative and waste services

56-0.040.04-0.23

Educational services

61-0.090.00-0.04

Health care and social assistance

62-0.300.03-0.11

Arts, entertainment, and recreation

71-0.200.00-0.17

Accommodation and food services

72-0.28-0.02-0.63

Other services, except government

81-0.050.00-0.27

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Table 7. Industry contributions[1] to private business output by component, 2021
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-330.580.170.31

Agriculture, forestry, fishing, and hunting

110.050.030.00

Mining

21-0.17-0.01-0.02

Utilities

22-0.100.040.00

Construction

230.010.000.16

Manufacturing[2]

31-330.790.100.17

Durable manufacturing[2]

321,327,330.190.020.11

Nondurable manufacturing

31,322-3260.610.080.06

ICT[3]

51x0.590.250.20

FIRE

52-530.870.180.11

Finance and insurance

520.300.160.04

Real estate and rental and leasing

530.570.020.07

Service providing

42-49,54-811.720.311.87

Wholesale trade

42-0.390.030.11

Retail trade

44, 45-0.270.070.12

Transportation and Warehousing

48-490.240.010.27

Information[4]

510.300.020.10

Professional and technical services[5]

540.580.070.33

Management of companies

550.170.000.10

Administrative and waste services

560.240.020.23

Educational services

610.000.000.02

Health care and social assistance

620.210.040.20

Arts, entertainment, and recreation

710.110.000.08

Accommodation and food services

720.530.030.19

Other services, except government

81-0.010.000.12

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Table 8. Industry contributions[1] to private business output by component, 2022
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-33-1.030.210.48

Agriculture, forestry, fishing, and hunting

11-0.050.06-0.01

Mining

21-0.21-0.010.05

Utilities

22-0.100.050.01

Construction

23-0.520.010.18

Manufacturing[2]

31-33-0.150.110.24

Durable manufacturing[2]

321,327,330.080.030.17

Nondurable manufacturing

31,322-326-0.220.090.08

ICT[3]

51x-0.020.280.20

FIRE

52-53-0.180.170.19

Finance and insurance

52-0.490.130.12

Real estate and rental and leasing

530.320.050.07

Service providing

42-49,54-81-0.370.491.58

Wholesale trade

42-0.430.140.11

Retail trade

44, 45-0.450.09-0.01

Transportation and Warehousing

48-49-0.180.020.21

Information[4]

510.000.060.12

Professional and technical services[5]

540.190.080.31

Management of companies

550.230.000.03

Administrative and waste services

560.150.030.18

Educational services

610.040.000.02

Health care and social assistance

620.170.050.13

Arts, entertainment, and recreation

710.070.010.08

Accommodation and food services

72-0.130.010.25

Other services, except government

81-0.040.010.14

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Table 9. Industry contributions[1] to private business output by component, 2023
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-33-0.330.210.14

Agriculture, forestry, fishing, and hunting

110.07-0.010.00

Mining

210.610.000.02

Utilities

220.100.040.00

Construction

23-0.270.040.09

Manufacturing[2]

31-33-0.840.140.03

Durable manufacturing[2]

321,327,33-0.500.040.06

Nondurable manufacturing

31,322-326-0.340.10-0.04

ICT[3]

51x0.240.260.01

FIRE

52-53-0.100.120.08

Finance and insurance

52-0.240.090.06

Real estate and rental and leasing

530.150.030.02

Service providing

42-49,54-810.930.510.49

Wholesale trade

42-0.150.110.07

Retail trade

44, 450.760.10-0.01

Transportation and Warehousing

48-490.090.030.01

Information[4]

510.080.08-0.01

Professional and technical services[5]

540.140.070.09

Management of companies

550.020.000.02

Administrative and waste services

56-0.020.04-0.04

Educational services

610.020.000.00

Health care and social assistance

620.240.040.19

Arts, entertainment, and recreation

710.020.010.03

Accommodation and food services

72-0.120.010.11

Other services, except government

81-0.150.010.03

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Table 10. Industry contributions[1] to private business output by component, 2007-19
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-33-0.010.220.00

Agriculture, forestry, fishing, and hunting

110.020.000.00

Mining

210.080.030.01

Utilities

220.030.040.00

Construction

23-0.020.000.00

Manufacturing[2]

31-33-0.120.16-0.02

Durable manufacturing[2]

321,327,33-0.010.04-0.01

Nondurable manufacturing

31,322-326-0.110.120.00

ICT[3]

51x0.230.240.06

FIRE

52-530.030.180.07

Finance and insurance

52-0.040.100.05

Real estate and rental and leasing

530.060.080.01

Service providing

42-49,54-810.310.270.45

Wholesale trade

42-0.020.050.01

Retail trade

44, 450.130.04-0.01

Transportation and Warehousing

48-490.010.020.04

Information[4]

510.040.040.00

Professional and technical services[5]

540.050.040.07

Management of companies

550.030.000.06

Administrative and waste services

560.030.020.04

Educational services

610.000.000.01

Health care and social assistance

620.040.030.14

Arts, entertainment, and recreation

710.010.010.01

Accommodation and food services

720.010.010.05

Other services, except government

81-0.020.000.04

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Table 11. Industry contributions[1] to private business output by component, 2019-23
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing[2]

11-33-0.150.190.03

Agriculture, forestry, fishing, and hunting

110.020.020.00

Mining

210.11-0.02-0.02

Utilities

220.010.040.00

Construction

23-0.170.030.04

Manufacturing[2]

31-33-0.110.120.01

Durable manufacturing[2]

321,327,33-0.140.030.00

Nondurable manufacturing

31,322-3260.030.090.01

ICT[3]

51x0.250.260.09

FIRE

52-530.090.210.10

Finance and insurance

52-0.140.150.08

Real estate and rental and leasing

530.230.060.02

Service providing

42-49,54-810.370.400.40

Wholesale trade

42-0.160.080.02

Retail trade

44, 45-0.010.09-0.02

Transportation and Warehousing

48-49-0.050.020.09

Information[4]

510.120.040.04

Professional and technical services[5]

540.250.080.12

Management of companies

550.130.000.02

Administrative and waste services

560.080.030.04

Educational services

61-0.010.000.00

Health care and social assistance

620.080.040.10

Arts, entertainment, and recreation

710.000.010.00

Accommodation and food services

720.000.01-0.02

Other services, except government

81-0.060.010.01

[1] Contributions may not sum due to aggregation, rounding, and integration of the top line to industry

[2] Goods producing except for computer and electronic products (NAICS 334)

[3] Information and communication technology sector (NAICS 51x) is the information major industry (NAICS 51) less publishing, except internet (includes software) (NAICS 511) and motion picture and sound recording (NAICS 512), plus computer and electronic products (NAICS 334) and computer systems design and related services (NAICS 5415)

[4] Information sector less Broadcasting and telecommunications (NAICS 515,517) and Data processing, internet publishing, and other information services (NAICS 518,519)

[5] Service providing sector, except for computer systems design and related services (NAICS 5415)


Last Modified Date: December 04, 2024