Fabricated Metal Product Manufacturing: NAICS 332

About the Fabricated Metal Product Manufacturing subsector

The fabricated metal product manufacturing subsector is part of the manufacturing sector.

The fabricated metal product manufacturing subsector consists of these industry groups:

• Forging and Stamping: NAICS 3321
• Cutlery and Handtool Manufacturing: NAICS 3322
• Architectural and Structural Metals Manufacturing: NAICS 3323
• Boiler, Tank, and Shipping Container Manufacturing: NAICS 3324
• Hardware Manufacturing: NAICS 3325
• Spring and Wire Product Manufacturing: NAICS 3326
• Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing: NAICS 3327
• Coating, Engraving, Heat Treating, and Allied Activities: NAICS 3328
• Other Fabricated Metal Product Manufacturing: NAICS 3329

Workforce Statistics

This section provides information relating to employment in fabricated metal product manufacturing. These data are obtained from employer or establishment surveys. The following tables present an overview of the industry including the number of jobs, mass layoffs, data for occupations common to the industry, and projections of occupational employment change.

Employment and Layoffs

Data series	Back data	May 2012	Jun. 2012	Jul. 2012	Aug. 2012
Employment (in thousands)
Employment, all employees (seasonally adjusted)		1,402.0	1,404.9	(P) 1,408.3	(P) 1,405.2
Employment, production and nonsupervisory employees (seasonally adjusted)		1,043.8	1,047.6	(P) 1,050.6	(P) 1,050.7
Layoffs
Mass layoff events		6	12	33	13
Initial claimants for unemployment benefits		384	1,139	2,991	1,087
Footnotes (P) Preliminary

(Source: Current Employment Statistics, Mass Layoff Statistics)

Extended Mass Layoffs

Data series	Back data	3rd quarter 2011	4th quarter 2011	1st quarter 2012	2nd quarter 2012
Extended mass layoff events		8	18	(P) 12	(P) 6
Separations		1,341	2,064	(P) 1,093	(P) 635
Initial claimants		1,471	2,282	(P) 1,113	(P) 718
Footnotes (P) Preliminary

(Source: Mass Layoff Statistics)

Employment by Occupation

Data series	Employment, 2011
Cutting, punching, and press machine setters, operators, and tenders, metal and plastic	54,340
First-line supervisors/managers of production and operating workers	58,370
Machinists	121,950
Team assemblers	70,460
Welders, cutters, solderers, and brazers	79,450

(Source: Occupational Employment Statistics)

Projections

For projected (future) employment estimates, see the National Employment Matrix, which includes employment estimates by industry and occupation for fabricated metal product manufacturing.

(Source: Office of Occupational Statistics and Employment Projections)

Earnings and Hours

This section presents data on employee earnings and weekly hours. The latest industry averages of hourly earnings and weekly hours are shown. In addition, recent hourly and annual earnings are shown for occupations commonly found in fabricated metal product manufacturing.

Earnings and Hours of All Employees

Data series	Back data	May 2012	Jun. 2012	Jul. 2012	Aug. 2012
Average hourly earnings		$21.38	$21.40	(P) $21.53	(P) $21.43
Average weekly hours		40.9	40.8	(P) 40.9	(P) 40.7
Footnotes (P) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series	Back data	May 2012	Jun. 2012	Jul. 2012	Aug. 2012
Average hourly earnings		$18.22	$18.22	(P) $18.23	(P) $18.21
Average weekly hours		42.1	42.0	(P) 41.9	(P) 41.8
Footnotes (P) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series	Wages, 2011
	Hourly		Annual
	Median	Mean	Median	Mean
Cutting, punching, and press machine setters, operators, and tenders, metal and plastic	$14.59	$15.12	$30,340	$31,460
First-line supervisors/managers of production and operating workers	$26.03	$27.53	$54,150	$57,270
Machinists	$18.08	$18.70	$37,600	$38,890
Team assemblers	$13.67	$14.38	$28,430	$29,900
Welders, cutters, solderers, and brazers	$16.56	$17.11	$34,440	$35,590

(Source: Occupational Employment Statistics)

Work-related Fatalities, Injuries, and Illnesses

This section presents data for the industry on the number of workplace fatalities and the rates of workplace injuries and illnesses per 100 full-time workers in fabricated metal product manufacturing. An injury or illness is considered to be work-related if an event or exposure in the work environment either caused or contributed to the resulting condition or significantly aggravated a pre-existing condition.

Data series	2008	2009	2010	2011
Fatalities
Number of fatalities	51	38	49	(P) 40
Rate of injury and illness cases per 100 full-time workers
Total recordable cases	6.8	5.5	5.5
Cases involving days away from work, job restriction, or transfer	3.2	2.6	2.7
Cases involving days away from work	1.6	1.3	1.4
Cases involving days of job transfer or restriction	1.6	1.3	1.3
Footnotes (P) Preliminary
Blank cells indicate no data reported or data that do not meet publication criteria.

(Source: Injuries, Illnesses, and Fatalities)

Prices

This section provides industry-specific pricing information. The producer price index measures the percentage change in prices that domestic producers receive for goods and services. The prices included in the producer price index are from the first commercial transaction. The import price index reflects the percentage change in prices paid to foreign producers for their goods and services within the U.S., while the export price index measures the percentage change in prices received by U.S. producers for goods and services sold outside the U.S.

Data series	Back data	May 2012	Jun. 2012	Jul. 2012	Aug. 2012
Producer price index		(P) 185.7	(P) 185.7	(P) 185.0	(P) 185.0
Percent change from previous month		(P) 0.1%	(P) 0.0%	(P) -0.4%	(P) 0.0%
Import index		(R) 129.6	129.4	(R) 129.7	129.5
Percent change from previous month		(R) -0.2%	(R) -0.2%	(R) 0.2%	(R) -0.2%
Export index		130.7	130.8	(R) 131.6	131.9
Percent change from previous month		0.5%	0.1%	(R) 0.6%	(R) 0.2%
Footnotes (R) Revised (P) Preliminary

(Source: Producer Price Indexes, International Price Program)

Workplace Trends

This section presents data on the number of establishments in fabricated metal product manufacturing. Also included in this section is information on productivity, presented as the rate of change in output per hour of workers in the industry.

Establishments

Data series	Back data	2nd quarter 2011	3rd quarter 2011	4th quarter 2011	1st quarter 2012
Number of establishments
Private industry		58,195	58,134	58,062	(P) 58,142
Local government
State government		1	1	1	(P) 1
Federal government		7	7	7	(P) 6
Footnotes (P) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series	Back data	2007	2008	2009	2010
Labor productivity index, output per hour		108.592	110.467	101.269	106.461
Percent change from previous year		2.3	1.7	-8.3	5.1
Labor index, total labor hours		104.033	99.303	83.086	84.263
Percent change from previous year		1.3	-4.5	-16.3	1.4
Output index		112.972	109.698	84.141	89.707
Percent change from previous year		3.6	-2.9	-23.3	6.6
Unit labor costs index		109.273	113.213	122.820	118.382
Percent change from previous year		6.7	3.6	8.5	-3.6

(Source: Productivity and Costs)

Other BLS Resources

Career Guide to Industries

To learn about careers from an industry perspective, see the Career Guide to Industries.

 

Data extracted on: September 27, 2012