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Industries at a Glance
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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.

Industries in the Fabricated Metal Product Manufacturing subsector transform metal into intermediate or end products, other than machinery, computers and electronics, and metal furniture, or treat metals and metal formed products fabricated elsewhere. Important fabricated metal processes are forging, stamping, bending, forming, and machining, used to shape individual pieces of metal; and other processes, such as welding and assembling, used to join separate parts together. Establishments in this subsector may use one of these processes or a combination of these processes.

North American Industry Classification System

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, data for occupations common to the industry, and projections of occupational employment change.

Employment

Data series Back
data
Mar.
2021
Apr.
2021
May
2021
Jun.
2021

Employment (in thousands)

Employment, all employees (seasonally adjusted)

1,396.5 1,394.9 (p)1,400.4 (p)1,406.1

Employment, production and nonsupervisory employees (seasonally adjusted)

1,020.3 1,015.0 (p)1,021.0 (p)1,023.3

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2020

Cutting, punching, and press machine setters, operators, and tenders, metal and plastic

61,590

First-line supervisors/managers of production and operating workers

61,810

Machinists

125,890

Team assemblers

102,880

Welders, cutters, solderers, and brazers

106,940

(Source: Occupational Employment and Wage 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
Mar.
2021
Apr.
2021
May
2021
Jun.
2021

Average hourly earnings

$27.03 $27.31 (p)$27.45 (p)$27.29

Average weekly hours

40.2 39.8 (p)39.9 (p)39.7

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Mar.
2021
Apr.
2021
May
2021
Jun.
2021

Average hourly earnings

$22.49 $22.76 (p)$22.79 (p)$22.94

Average weekly hours

41.8 41.6 (p)41.6 (p)41.5

Footnotes
(p) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2020
Hourly Annual
Median Mean Median Mean

Cutting, punching, and press machine setters, operators, and tenders, metal and plastic

17.63 18.24 36,680 37,940

First-line supervisors/managers of production and operating workers

30.19 31.81 62,800 66,160

Machinists

21.27 21.99 44,240 45,740

Team assemblers

16.32 17.14 33,940 35,660

Welders, cutters, solderers, and brazers

20.23 20.99 42,080 43,650

(Source: Occupational Employment and Wage 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 2016 2017 2018 2019

Fatalities

Number of fatalities

41 50 56 50

Blank cells indicate no data reported or data that do not meet publication criteria.

Data series 2019

Rate of injury and illness cases per 100 full-time workers

Total recordable cases

3.9

Cases involving days away from work, job restriction, or transfer

2.1

Cases involving days away from work

1.0

Cases involving days of job transfer or restriction

1.1

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
Mar.
2021
Apr.
2021
May
2021
Jun.
2021

Producer price index

(p)215.4 (p)218.1 (p)222.6 (p)228.2

Percent change from previous month

  (p)1.5% (p)1.3% (p)2.1% (p)2.5%

Import index

(r)132.1 (r)133.8 (r)135.3 137.2

Percent change from previous month

  (r)1.3% (r)1.3% (r)1.1% (r)1.4%

Export index

154.4 155.1 (r)155.6 156.0

Percent change from previous month

  0.2% 0.5% (r)0.3% (r)0.3%

Footnotes
(p) Preliminary
(r) Revised

(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
1st quarter
2020
2nd quarter
2020
3rd quarter
2020
4th quarter
2020

Number of establishments

Private industry

(p)58,431 (p)58,375 (p)58,594 (p)58,727

Local government

(p)2 (p)2 (p)2 (p)2

State government

(p)1 (p)1 (p)1 (p)1

Federal government

(p)5 (p)5 (p)5 (p)5

Footnotes
(p) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2017 2018 2019 2020

Labor productivity index, output per hour

93.974 95.315 93.633 92.314

Percent change from previous year

1.6 1.4 -1.8 -1.4

Labor index, total labor hours

91.326 93.775 93.521 86.046

Percent change from previous year

-0.2 2.7 -0.3 -8.0

Output index

85.822 89.382 87.566 79.433

Percent change from previous year

1.4 4.1 -2.0 -9.3

Unit labor costs index

126.737 126.032 130.153 134.683

Percent change from previous year

3.1 -0.6 3.3 3.5

(Source: Productivity and Costs)

 

Data extracted on: July 30, 2021