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Economic News Release
PRINT:Print

Total Factor Productivity for Major Industries News Release

For release 10:00 a.m. (ET) Tuesday, November 21, 2023	USDL-23-2474
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 – 2022

Total factor productivity (TFP) increased in 9 out of 21 major industries in
2022, the U.S. Bureau of Labor Statistics (BLS) reported today, led by 
service providing industries. Many of the TFP increases in 2022 were driven
by strong output growth outpacing increases in the combined inputs of 
capital, labor, energy, materials, and services.  

Output increased in 17 of 21 major industries in 2022. Over the longer
2019-22 time period, 13 of the 21 industries had positive or no output growth.
This illustrates that output in the remaining 8 industries is still below
pre-COVID-19 pandemic levels. (See tables 1 and 3.)

Combined inputs increased in 19 of the 21 industries in 2022. 
All goods producing industries experienced combined input growth greater 
than output growth, leading to declining TFP for these industries. 
(See table 1.) Over the 2019-22 time period, labor input has grown in 14 
of 21 industries, demonstrating that these industries have recovered labor
losses from 2020.

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|	                2017 NAICS Reclassification	        	     |
|All industry series have been updated to reflect industry definitions       |
|consistent with the 2017 North American Industry Classification             |
|System (NAICS). All indexes are rebased to 2017=100 to reflect the new      | 
|definitions.                                                                |
------------------------------------------------------------------------------

Total factor productivity 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

As the economy continued to rebuild after the COVID-19 pandemic, the growth
of output was outpaced by growth in hours worked, leading to declines in 
labor productivity for 12 of the 21 industries measured in 2022. (See table 5.)

Labor productivity can be expressed as the sum of six components: 
total factor productivity growth (TFP), contribution of capital intensity,
contribution of labor composition, contribution of energy intensity, 
contribution of materials intensity, and the contribution of 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 9 industries with labor productivity growth in 2022, 
TFP was the largest contributor to labor productivity growth in 5
industries, with services intensity being the largest contributor
for the remaining 4 industries. Capital intensity fell in 12 of the 
21 industries measured, as hours growth outpaced capital input growth. 
Management of companies labor productivity grew 7.7 percent in 2022, the 
largest growth of the industries measured, due to the large TFP contribution
of 6.0 percentage points.

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 drivers of output growth for the private
business sector in 2022 were labor input, which contributed 2.4 percentage
points to output growth and capital input with a 1.1-percentage point 
contribution. Total factor productivity was a drag on output growth with a
negative contribution of 2.2 percentage points.

Productivity growth is often viewed as a long run measure, especially when 
an economic shock like the COVID-19 pandemic happens. While TFP growth and
contributions of capital and labor have been volatile over the last 3 years,
the current business cycle of 2019-22 shows similar contributions to 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 on how different sectors of the economy 
contribute to output. (See footnotes after table 7 for industry makeup 
of each sector.)

TFP’s contribution to output

The negative total factor productivity contribution to output for the
private business sector in 2022 was widespread, with 3 of 4 sectors
experiencing negative contributions. The goods producing sector accounted 
for the majority of the decline in private business TFP with a negative
contribution of 1.3 percentage points. Within the goods producing sector, 
the construction (-0.6 percentage point) and oil and gas extraction
(-0.4 point) industries were the primary contributors. These two industries 
led the goods producing sector’s contribution in the 2019-22 business cycle
(-0.3 percentage point), as manufacturing became a positive contributor to
the nation’s TFP growth due to positive contributions from nondurable
manufacturing compared to the 2007-19 period.  (See tables 6 through 10.)

Labor’s contribution to output

In 2022, labor input positively contributed to private business sector 
output within all four aggregated sectors. The service providing sector 
had the largest positive contribution in 2022 (1.5 percentage points), 
led by professional, scientific, and technical services (0.3 percentage point)
and accommodation and food services (0.3 percentage point). Of note is labor
input of the service providing sector being the leading contributor to the
aggregate output growth for both 2021 and 2022. The service providing 
sector recovered in 2021 from the effects of the COVID-19 pandemic and 
contributed 1.9 percentage points to output in 2021 and continues to have
positive contribution in 2022. The two most recent business cycles saw 
similar positive contributions in 3 of 4 sectors.
(See tables 6 through 10.)

Capital’s contribution to output

Capital input’s positive contribution in 2020, 2021, and 2022 reflects 
the stability of capital stock after downturns. All sectors experienced 
positive capital contributions to output growth in 2022 
(1.1 percentage point). The service providing sector was the largest 
positive contribution (0.4 percentage point), led by wholesale trade 
(0.1 percentage point) and retail trade (0.1 percentage point)
industries. 

Capital continues to have similar positive contributions for the last
3 years and the two most recent business cycles. (See tables 6 through 10.) 
The ICT sector increased its contribution of capital to output from 0.2 
percentage point in the 2007-19 business cycle to 0.3 percentage point 
in the 2019-22 business cycle primarily driven by the data processing, 
internet publishing, and other information services industry, which grew
from 0.09 percentage point to 0.14 percentage point.

Technical Notes 

Goods producing sector

This sector contains industries within agriculture, forestry, fishery, 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 3, 2023 “Productivity and Costs” news release (USDL-23-2317).

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. 

2022 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 for 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, 2022
Industry2017 NAICS CodePercent Change
TFPOutputCombined InputsCapital InputLabor InputIntermediate Inputs[1]

Agriculture, forestry, fishing, and hunting

11-6.1-9.4-3.54.2-2.1-12.8

Mining

21-8.88.018.30.312.546.6

Utilities

22-2.83.56.63.11.112.1

Construction

23-5.0-6.3-1.40.13.8-5.8

Manufacturing

31-33-1.41.32.71.74.42.4

Durable manufacturing

321,327,33-0.42.53.01.34.62.6

Nondurable manufacturing

31,322-326-1.90.12.02.04.11.5

Wholesale trade

42-4.1-0.24.14.03.04.7

Retail trade

44,45-3.90.14.23.6-0.38.2

Transportation and warehousing

48-49-2.85.18.20.97.713.6

Information

510.36.66.26.45.86.3

Finance and insurance

52-3.0-2.80.23.61.8-6.5

Real estate and rental and leasing

531.21.40.20.74.9-0.9

Professional and technical services

541.06.85.87.45.16.6

Management of companies

556.08.72.60.20.76.1

Admin and waste services

561.37.15.72.55.56.6

Educational services

613.19.15.91.64.28.1

Health care and social assistance

620.42.82.43.32.61.9

Arts, entertainment, and recreation

718.122.413.31.815.117.1

Accommodation and food services

720.18.58.30.310.410.3

Other services, except government

81-1.72.94.72.57.42.1

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


Table 2. Total factor productivity intermediate inputs, 2022
Industry2017 NAICS CodePercent Change
Energy InputMaterials InputServices Input

Agriculture, forestry, fishing, and hunting

11-26.8-13.9-6.6

Mining

2142.931.255.0

Utilities

22-3.0-11.140.5

Construction

23-13.7-7.74.7

Manufacturing

31-339.20.66.5

Durable manufacturing

321,327,332.51.16.7

Nondurable manufacturing

31,322-32612.20.34.9

Wholesale trade

42-3.11.75.2

Retail trade

44,450.63.59.5

Transportation and warehousing

48-4911.60.117.2

Information

51-4.00.28.1

Finance and insurance

52-21.9-19.2-5.5

Real estate and rental and leasing

530.93.5-1.3

Professional and technical services

54-8.72.98.2

Management of companies

55-6.610.46.2

Admin and waste services

56-7.0-1.79.8

Educational services

611.4-4.211.3

Health care and social assistance

62-9.14.51.3

Arts, entertainment, and recreation

7110.020.117.0

Accommodation and food services

724.93.214.6

Other services, except government

814.5-6.16.7

Table 3. Total factor productivity and related data, 2019-22
Industry2017 NAICS CodeAnnual Percent Change
TFPOutputCombined InputsCapital InputLabor InputIntermediate Inputs[1]

Agriculture, forestry, fishing, and hunting

11-1.3-0.90.32.7-1.4-2.0

Mining

21-3.3-2.21.1-0.2-6.17.7

Utilities

22-0.80.71.53.00.50.6

Construction

23-1.4-1.10.31.00.50.2

Manufacturing

31-330.0-0.4-0.41.70.5-2.3

Durable manufacturing

321,327,33-0.3-0.8-0.41.1-0.1-1.6

Nondurable manufacturing

31,322-3260.5-0.2-0.72.21.6-2.6

Wholesale trade

42-1.41.83.21.80.06.0

Retail trade

44,45-2.12.74.92.8-0.410.9

Transportation and warehousing

48-49-1.70.01.71.15.0-1.5

Information

512.27.34.95.72.75.8

Finance and insurance

52-0.70.30.94.01.3-3.2

Real estate and rental and leasing

531.42.30.90.71.60.9

Professional and technical services

542.36.03.66.82.35.2

Management of companies

554.16.11.90.41.03.8

Admin and waste services

561.24.02.73.51.93.6

Educational services

61-0.9-2.1-1.21.2-0.8-2.1

Health care and social assistance

620.01.31.32.71.40.8

Arts, entertainment, and recreation

711.42.51.11.30.22.0

Accommodation and food services

721.31.90.50.8-1.93.9

Other services, except government

81-0.9-0.30.62.20.30.9

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


Table 4. Total factor productivity intermediate inputs, 2019-22
Industry2017 NAICS CodeAnnual Percent Change
Energy InputMaterials InputServices Input

Agriculture, forestry, fishing, and hunting

11-13.10.8-1.5

Mining

215.78.08.1

Utilities

220.0-1.03.0

Construction

23-4.7-1.16.7

Manufacturing

31-33-3.1-2.2-2.1

Durable manufacturing

321,327,33-3.8-1.5-1.3

Nondurable manufacturing

31,322-326-3.0-2.3-3.6

Wholesale trade

423.17.26.0

Retail trade

44,457.76.311.8

Transportation and warehousing

48-49-3.4-3.9-0.4

Information

519.23.66.2

Finance and insurance

52-14.8-5.2-2.7

Real estate and rental and leasing

53-9.1-0.21.4

Professional and technical services

541.27.44.7

Management of companies

55-1.810.43.4

Admin and waste services

56-0.70.64.7

Educational services

61-11.0-5.9-0.8

Health care and social assistance

62-5.63.7-0.2

Arts, entertainment, and recreation

71-0.1-4.83.3

Accommodation and food services

721.2-0.76.5

Other services, except government

811.1-0.91.9

Table 5. Sources of labor productivity, 2022
Industry2017 NAICS CodePercent ChangePercentage Point
Labor ProductivityTFPCapital IntensityLabor CompositionEnergy IntensityMaterials IntensityServices Intensity

Agriculture, forestry, fishing, and hunting

11-7.4-6.13.00.0-1.3-2.3-0.7

Mining

21-3.9-8.8-5.30.01.11.78.1

Utilities

221.9-2.80.6-0.1-1.0-0.35.8

Construction

23-9.4-5.0-0.40.1-0.4-4.10.1

Manufacturing

31-33-2.8-1.4-0.60.10.1-1.20.3

Durable manufacturing

321,327,33-2.1-0.4-0.70.00.0-1.10.2

Nondurable manufacturing

31,322-326-3.2-1.9-0.30.10.2-1.40.1

Wholesale trade

42-3.0-4.10.20.0-0.10.01.0

Retail trade

44,451.0-3.90.90.20.00.23.7

Transportation and warehousing

48-49-2.2-2.8-1.40.10.3-0.31.9

Information

510.90.30.30.0-0.1-0.30.7

Finance and insurance

52-3.8-3.00.80.3-0.2-0.2-1.6

Real estate and rental and leasing

53-3.81.2-1.70.0-0.1-0.1-3.1

Professional and technical services

541.61.00.20.0-0.1-0.10.6

Management of companies

557.76.00.0-0.1-0.10.31.6

Admin and waste services

562.61.3-0.20.6-0.1-0.51.5

Educational services

614.43.1-0.4-0.1-0.1-0.82.6

Health care and social assistance

620.80.40.20.2-0.10.3-0.2

Arts, entertainment, and recreation

717.18.1-2.20.3-0.10.30.9

Accommodation and food services

72-1.10.1-1.70.3-0.1-0.71.0

Other services, except government

81-4.1-1.7-0.30.00.0-2.0-0.2

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

Goods producing sector

11-330.100.19-0.78

Agriculture, Forestry, Fishery, and hunting

110.030.00-0.01

Mining

210.160.00-0.12

Utilities

220.120.040.00

Construction

230.060.04-0.27

Manufacturing

31-33-0.270.12-0.38

Durable Manufacturing[2]

321,327,33-0.330.03-0.32

Nondurable Manufacturing

31,322-3260.060.09-0.05

ICT[3]

51x0.190.23-0.07

FIRE

52-53-0.210.260.02

Finance and insurance

52-0.170.210.11

Real estate and rental and leasing

53-0.040.05-0.09

Services

42-49,54-81-0.770.26-2.24

Wholesale trade

420.320.02-0.20

Retail trade

44, 45-0.010.05-0.16

Transportation and Warehousing

48-49-0.400.02-0.15

Information[4]

510.090.01-0.06

Professional and technical services[5]

540.070.07-0.25

Management of companies

550.100.00-0.04

Admin and waste services

56-0.030.03-0.22

Educational services

61-0.080.00-0.04

Health care and social assistance

62-0.280.03-0.11

Arts, entertainment, and recreation

71-0.190.00-0.16

Accommodation and food services

72-0.330.01-0.61

Other services, except government

81-0.030.01-0.26

[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 sector

11-330.280.170.30

Agriculture, Forestry, Fishery, and hunting

110.030.030.00

Mining

21-0.210.00-0.02

Utilities

22-0.110.040.01

Construction

230.060.000.16

Manufacturing

31-330.520.100.16

Durable Manufacturing[2]

321,327,330.080.020.11

Nondurable Manufacturing

31,322-3260.430.080.06

ICT[3]

51x0.670.250.19

FIRE

52-530.790.170.10

Finance and insurance

520.300.150.04

Real estate and rental and leasing

530.490.020.06

Services

42-49,54-811.590.271.86

Wholesale trade

42-0.330.030.10

Retail trade

44, 45-0.260.070.13

Transportation and Warehousing

48-490.280.010.28

Information[4]

510.230.010.09

Professional and technical services[5]

540.420.080.33

Management of companies

550.150.000.09

Admin and waste services

560.180.020.23

Educational services

610.010.000.01

Health care and social assistance

620.230.050.21

Arts, entertainment, and recreation

710.130.000.08

Accommodation and food services

720.570.010.20

Other services, except government

81-0.010.010.13

[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 sector

11-33-1.300.200.45

Agriculture, Forestry, Fishery, and hunting

11-0.150.04-0.01

Mining

21-0.310.010.05

Utilities

22-0.100.050.01

Construction

23-0.570.000.17

Manufacturing

31-33-0.190.100.24

Durable Manufacturing[2]

321,327,330.090.030.16

Nondurable Manufacturing

31,322-326-0.280.080.08

ICT[3]

51x0.010.270.20

FIRE

52-53-0.240.190.16

Finance and insurance

52-0.400.150.10

Real estate and rental and leasing

530.160.040.06

Services

42-49,54-81-0.680.401.54

Wholesale trade

42-0.520.110.10

Retail trade

44, 45-0.490.09-0.01

Transportation and Warehousing

48-49-0.160.010.22

Information[4]

51-0.010.020.11

Professional and technical services[5]

540.070.080.30

Management of companies

550.220.000.02

Admin and waste services

560.090.020.19

Educational services

610.030.000.02

Health care and social assistance

620.050.050.12

Arts, entertainment, and recreation

710.120.010.09

Accommodation and food services

72-0.010.000.26

Other services, except government

81-0.070.010.13

[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, 2007-19
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing sector

11-33-0.130.210.00

Agriculture, Forestry, Fishery, and hunting

110.020.000.00

Mining

210.060.020.01

Utilities

22-0.020.030.00

Construction

23-0.050.000.00

Manufacturing

31-33-0.150.15-0.02

Durable Manufacturing[2]

321,327,33-0.040.04-0.01

Nondurable Manufacturing

31,322-326-0.110.110.00

ICT[3]

51x0.240.230.05

FIRE

52-530.030.170.06

Finance and insurance

52-0.050.100.05

Real estate and rental and leasing

530.080.070.01

Services

42-49,54-810.270.260.42

Wholesale trade

420.020.050.01

Retail trade

44, 450.090.04-0.01

Transportation and Warehousing

48-490.000.020.04

Information[4]

510.050.030.00

Professional and technical services[5]

540.020.040.06

Management of companies

550.010.000.06

Admin and waste services

560.030.020.04

Educational services

610.000.000.01

Health care and social assistance

620.050.030.13

Arts, entertainment, and recreation

710.020.010.01

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 10. Industry contributions[1] to private business output by component, 2019-22
Industry2017 NAICS CodePercentage Point
TFPCapitalLabor

Goods producing sector

11-33-0.310.19-0.01

Agriculture, Forestry, Fishery, and hunting

11-0.030.03-0.01

Mining

21-0.120.00-0.03

Utilities

22-0.030.040.00

Construction

23-0.150.010.02

Manufacturing

31-330.020.100.01

Durable Manufacturing[2]

321,327,33-0.050.03-0.02

Nondurable Manufacturing

31,322-3260.070.080.03

ICT[3]

51x0.290.250.11

FIRE

52-530.110.200.09

Finance and insurance

52-0.090.170.08

Real estate and rental and leasing

530.200.040.01

Services

42-49,54-810.050.310.39

Wholesale trade

42-0.180.050.00

Retail trade

44, 45-0.260.07-0.02

Transportation and Warehousing

48-49-0.090.020.12

Information[4]

510.100.010.05

Professional and technical services[5]

540.190.080.12

Management of companies

550.160.000.02

Admin and waste services

560.080.020.07

Educational services

61-0.010.000.00

Health care and social assistance

620.000.040.07

Arts, entertainment, and recreation

710.020.000.00

Accommodation and food services

720.080.01-0.05

Other services, except government

81-0.040.010.00

[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: November 21, 2023