Figure 3. Contributions to manufacturing sector multifactor productivity growth by industries with the largest relative declines in contributions from 1992–2004 to 2004–16
Industry Average annual percent change
1992–2004 2004–16

Semiconductors and electronic components

0.71 0.06

Computer and peripheral equipment

0.55 0.10

Petroleum and coal products

0.10 -0.29

Pharmaceuticals and medicines

-0.04 -0.14

Motor vehicle parts

0.12 0.02

Sources: U.S. Bureau of Labor Statistics and authors’ calculations.