For release 10:00 a.m. (ET) Friday, November 18, 2022 USDL-22-2181

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 – 2021

Total factor productivity (TFP) increased in 15 out of 21 major industries in 2021, the U.S. Bureau of Labor 

Statistics (BLS) reported today. The TFP increases in 2021 were primarily due to widespread output growth 

outpacing increases in the combined inputs of capital, labor, energy, materials, and services. (See chart 1.)

Output increased in 20 of 21 major industries in 2021. The 2021 output growth was the largest in the series for 

the following industries: arts, entertainment, and recreation (+36.5 percent), accommodation and food services 

(+32.0 percent), administrative and waste services (+15.8 percent), information (+13.4 percent), and 

transportation and warehousing (+11.9 percent). (See table 1.) Ten industries with output growth in 2021 have 

output declines over the 2019-2021 time period, illustrating that output for these industries is still below their preCOVID-19 pandemic levels. (See table 3.)

Combined inputs increased in 18 of the 21 industries in 2021, driven by strong growth in labor input and 

intermediate inputs. (See table 1.) Labor input grew in 18 of 21 industries in 2021 but only 8 industries show

growth for the 2019-2021 time period, demonstrating that these 8 industries have yet to re-hire labor lost in 2020.

Chart 1. Total factor productivity, output, and combined inputs, by major industry, 2021

Annual percent change

Methodology Change for Labor Composition

Data in this release reflect new methodology and sources for the estimation of labor composition, which is a 

measure of the changing skill composition of the work force. Labor composition is used to adjust the number 

of hours worked by industry to estimate labor input. See www.bls.gov/productivity/technical-notes/laborcomposition-for-total-factor-productivity-using-new-method-nov-2022.htm for more information.
2 

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. 

Industry spotlight: Arts, entertainment, and recreation

Many industries experienced large growth in TFP and related measures in 2021 but this growth can be misleading 

without a comparison to 2020 when the COVID-19 pandemic struck the U.S. economy. The arts, entertainment, 

and recreation industry experienced record declines in 2020 in TFP and related measures and then experienced 

record growth for these measures in 2021. Growth rates from the 2019-2021 period can be used to gauge the 

effects the pandemic had on this industry over the last two years.

The reopening of museums, entertainment venues, sports arenas, and parks resulted in record output growth of 

36.5 percent in 2021, due to historic TFP and combined inputs growth of 15.1 percent and 18.6 percent, 

respectively. However, this strong growth only partially offset the historic declines brought on by the COVID-19 

pandemic, as output, TFP, and combined inputs all experienced declines over the 2019-2021 time period. (See 

chart 2 and table 3.) 

Looking at the KLEMS components of combined inputs, the story is similar. The arts, entertainment, and 

recreation industry had double digit growth in labor, materials, and services, with capital and energy also 

increasing in 2021. Yet for the 2019-2021 time period, the change in all inputs except capital was negative. Thus, 

although 2021 was a productive year, the arts, entertainment, and recreation industry has not fully recovered to its 

pre-pandemic levels. (See chart 2.) 

Chart 2. Total factor productivity, output, and KLEMS inputs, for arts, entertainment, and recreation, 

2020, 2021, and 2019-2021

Annual percent change

-60.0

-50.0

-40.0

-30.0

-20.0

-10.0

0.0

10.0

20.0

30.0

40.0

50.0

TFP Output Combined

Inputs

Capital Input Labor Input Energy Input Materials Input Services Input

Combined Inputs

2020 2021 2019-2021
3

Total factor productivity and KLEMS as sources of labor productivity growth

As the economy started to rebuild after the COVID-19 pandemic, industries began to re-hire workers displaced 

in 2020 and increase inputs to production. As production throughout the economy improved, hours worked 

increased at a slightly slower rate than output which led to labor productivity increases among 16 of 21 major 

industries. (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 and chart 3.) 

Of the 16 industries with labor productivity growth in 2021, TFP was the largest contributor to labor productivity 

growth in 10 industries, with services intensity being the largest contributor for five of the remaining industries.

Capital intensity fell in 15 of the 21 industries measured, as hours growth outpaced capital input growth. 

Changes in labor composition were negative or zero for all industries in 2021, as workers with less experience

were most negatively impacted by the pandemic, returned to work.

Chart 3. Sources of labor productivity for major industries, 2021

Percentage points

-10 -5 0 5 10 15 20 25

Other services, except government

Agriculture, forestry, fishing, and hunting

Construction

Nondurable manufacturing

Manufacturing

Mining

Real estate and rental and leasing

Durable manufacturing

Utilities

Transportation and warehousing

Health care and social assistance

Retail trade

Finance and insurance

Educational services

Professional and technical services

Management of companies

Admin and waste services

Information

Wholesale trade

Arts, entertainment, and recreation

Accommodation and food services

TFP Capital intensity Labor Composition Energy intensity Materials intensity Services intensity
4 

TFP and input contributions to output 

The large productivity rebound among major industries in 2021 led to an overall increase in output at the private 

business sector. The nation's output can be viewed as the sum of three components: total factor productivity, 

contribution of capital input, and contribution of labor input. TFP contributed 4.2 percentage points of the rise in 

output, while labor input contributed 2.3 percentage points of the increase. This output growth is the largest since 

2010, the first year following the Great Recession of 2008-09. As in 2010, TFP is the predominant contributor to 

private business output. However, the rebound from the COVID-19 recession is unique with labor input’s large 

contribution to growth. (See chart 4.) 

Chart 4. Contributions to output for the private business sector, 2007-21

Percentage points 

Note: Contributions may not sum due to aggregation, rounding, and integration of top line to industry 

The private business sector can be divided into four 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 the U.S. recovered the year following the COVID-19 recession compared to the 

year after the Great Recession of 2008 and 2009. (See footnotes after table 7 for industry makeup of each sector.)

TFP’s contribution to output

The total factor productivity contribution of 4.2 percentage points to private business output in 2021 was 

widespread, with all four sectors experiencing positive contributions, led by the service providing sector which 

had a positive contribution of 2.5 percentage points. Within the service providing sector, accommodation and 

food services and professional, scientific, and technical services industries were the main upward drivers, with a 

0.6-percentage point and 0.5-percentage point contribution, respectively. By contrast, in 2010 after the Great 

Recession, the goods producing sector made the largest contribution (1.1 percentage point) to TFP growth. (See 

tables 6 and 7 and chart 5.) 

-0.6 -0.9

-0.3

2.9

-0.5 0.1

-0.2

0.8 0.5

-0.4

0.7 0.6 0.5

-1.3

4.2

1.1 0.9

0.3

0.3

0.7 0.8 0.9

1.0 1.1

1.1

1.0 1.1 1.1

0.9

0.9

0.8

-0.9 -3.9

0.0

1.6 1.6 1.1

1.3 1.4

0.8

0.8 1.4

0.6

-3.0

2.3

-6.0

-4.0

-2.0

0.0

2.0

4.0

6.0

8.0

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021

TFP Capital Labor Input
5 

Chart 5. Sector contributions to TFP during economic rebound

Percentage points 

Note: Contributions may not sum due to aggregation, rounding, and integration of top line to industry 

Labor’s contribution to output

In 2021, labor input saw positive contributions to private business output within all four aggregated sectors. The 

service providing sector had the largest positive contribution in 2021 (1.7 percentage points), led by transportation 

and warehousing (0.3 percentage point) and professional and technical services (0.3 percentage point). By 

contrast, the labor contribution to output in 2010 was negative in three of the four aggregated sectors but were 

offset by the positive contribution of the services providing sector (0.2 percentage points). Of note is the similar 

behavior of the service providing sector during 2021. This labor-intensive sector, which was the hardest hit by the 

pandemic, is an important part of the economic recovery. (See tables 6 and 7 and chart 6.)

Chart 6. Sector contributions to labor during economic rebound

Percentage points 

Note: Contributions may not sum due to aggregation, rounding, and integration of top line to industry 
6 

Capital’s contribution to output

Capital input’s positive contribution in 2021 and after the Great Recession reflects the stability of capital stock 

after downturns. In 2021 all sectors demonstrated a positive contribution of capital, resulting in a 0.9-percentage

point contribution of capital input to private business output, while these four sectors’ capital input contribution 

was only 0.3-percentage point in 2010 after the Great Recession. (See chart 7.) Given the financial crisis of 2009, 

capital in the FIRE sector had a negative impact on the recovery from the Great Recession, yet had a large 

positive boost to output in 2021. The 0.2-percentage point contribution of the FIRE sector was driven by the 

finance and insurance industry with a contribution of 0.2 percentage point. In the year after the Great Recession, 

this industry only had a negative contribution of 0.1 percentage point. (See table 6 and 7 and chart 7.) The goods 

producing sector increased its contribution of capital to output from 0.1 percentage point in 2010 to 0.2 

percentage point in 2021.

Chart 7. Sector contributions to capital during economic rebound

Percentage points 

Note: Contributions may not sum due to aggregation, rounding, and integration of top line to industry 
7

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, 2022 “Productivity 

and Costs” news release (USDL- 22-2096) and reflects a new methodology for estimating hours 

worked. More information on the methodology change can be found at

www.bls.gov/productivity/technical-notes/labor-productivity-hours-worked-method-using-cesall-employee-hours-nov-2022.htm.

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 inputoutput 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. 
8

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. 

2021 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-industryto-output.htm. 

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

services.
9

Table 1. Total factor productivity and related data, 2021

Industry

2012 

NAICS 

Code

Percent change

TFP Output Combined 

Inputs

Capital 

Input

Labor 

Input

Intermediate 

Inputs1

Agriculture, forestry, fishing, and 

hunting 11 -5.4 -5.5 -0.1 3.6 -1.2 -2.7

Mining 21 -3.9 0.1 4.2 -1.2 -0.4 13.8

Utilities 22 -1.7 1.4 3.1 2.9 -0.3 4.9

Construction 23 -0.6 1.0 1.6 4.3 3.5 -0.4

Manufacturing 31-33 3.3 3.0 -0.3 1.2 2.8 -3.5

Durable Manufacturing 321,327,33 2.8 4.0 1.1 0.4 2.9 0.0

Nondurable Manufacturing 31,322-326 3.4 1.9 -1.4 2.0 2.7 -4.3

Wholesale trade 42 1.5 11.0 9.4 1.1 2.1 20.8

Retail trade 44,45 -0.6 6.4 7.1 2.3 3.3 12.2

Transportation and warehousing 48-49 0.0 11.9 12.0 0.9 9.2 19.7

Information 51 4.6 13.4 8.3 5.3 6.4 13.1

Finance and insurance 52 4.0 4.3 0.3 3.4 0.5 -4.0

Real estate and rental and leasing 53 1.4 4.8 3.4 0.4 3.8 5.2

Professional and technical services 54 4.2 10.1 5.7 6.3 4.7 7.5

Management of companies 55 6.2 7.9 1.6 0.3 0.5 3.5

Admin and waste services 56 3.9 15.8 11.4 4.5 7.2 19.2

Educational services 61 1.9 6.0 4.1 1.9 1.3 6.2

Health care and social assistance 62 1.8 6.1 4.2 2.9 3.7 4.9

Arts, entertainment, and recreation 71 15.1 36.5 18.6 1.2 16.7 31.2

Accommodation and food services 72 12.4 32.0 17.5 0.0 8.5 39.0

Other services, except government 81 0.9 2.6 1.6 2.4 8.0 -4.5

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

Table 2. Total factor productivity intermediate inputs, 2021

Industry

2012 

NAICS 

Code

Percent change

Energy Input Materials Input Services Input

Agriculture, forestry, fishing, and hunting 11 -7.8 -1.1 -3.6

Mining 21 15.5 23.2 7.8

Utilities 22 0.1 -4.3 11.9

Construction 23 4.6 -0.6 -0.7

Manufacturing 31-33 -3.9 -4.8 -0.5

Durable manufacturing 321,327,33 -1.5 -2.0 4.4

Nondurable manufacturing 31,322-326 -5.8 -3.4 -7.3

Wholesale trade 42 28.3 16.5 20.9

Retail trade 44,45 17.9 -2.0 14.2

Transportation and warehousing 48-49 13.0 4.8 24.2

Information 51 -3.6 1.4 16.4

Finance and insurance 52 -15.4 -14.5 -3.3

Real estate and rental and leasing 53 5.5 13.8 4.6

Professional and technical services 54 -7.8 6.8 7.9

Management of companies 55 -0.4 20.3 2.1

Admin and waste services 56 -2.8 6.6 22.9

Educational services 61 -1.2 -1.8 8.5

Health care and social assistance 62 -22.3 9.1 4.5

Arts, entertainment, and recreation 71 8.6 24.0 33.6

Accommodation and food services 72 44.4 40.1 38.0

Other services, except government 81 -36.9 -29.0 11.9
10

Table 3. Total factor productivity and related data, 2019-2021

Industry

2012 

NAICS 

Code

Average annual percent change

TFP Output Combined 

Inputs

Capital 

Input

Labor 

Input

Intermediate 

Inputs1

Agriculture, forestry, fishing, and 

hunting 11 -2.0 0.9 2.9 2.0 -0.8 4.9

Mining 21 -0.3 -8.7 -8.4 -0.8 -11.8 -13.1

Utilities 22 -0.2 -0.7 -0.5 2.9 -0.7 -3.5

Construction 23 -0.3 1.4 1.7 4.7 -1.2 3.7

Manufacturing 31-33 1.2 -1.9 -3.1 1.2 -1.4 -7.3

Durable manufacturing 321,327,33 0.9 -2.2 -3.0 0.5 -2.4 -6.0

Nondurable manufacturing 31,322-326 1.4 -1.6 -3.0 1.9 0.3 -6.3

Wholesale trade 42 2.0 3.2 1.3 0.8 -2.0 4.1

Retail trade 44,45 -0.8 3.7 4.6 2.3 -0.1 9.7

Transportation and warehousing 48-49 -3.8 -1.4 2.5 1.5 3.4 1.8

Information 51 3.0 7.6 4.5 5.4 1.2 5.8

Finance and insurance 52 1.9 3.0 1.1 3.9 1.3 -2.6

Real estate and rental and leasing 53 -0.5 0.5 1.0 0.7 -0.3 1.3

Professional and technical services 54 2.8 5.5 2.6 6.4 0.4 5.8

Management of companies 55 2.3 4.9 2.5 0.4 2.5 2.9

Admin and waste services 56 1.5 4.2 2.6 4.6 0.3 5.2

Educational services 61 -3.7 -3.6 0.1 1.9 -3.4 1.8

Health care and social assistance 62 -0.1 -0.6 -0.6 2.9 0.5 -2.3

Arts, entertainment, and recreation 71 -1.4 -9.3 -8.1 1.5 -6.7 -13.0

Accommodation and food services 72 3.4 1.2 -2.1 0.4 -7.6 3.8

Other services, except government 81 -0.2 -4.1 -3.9 2.3 -3.0 -5.6

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

Table 4. Total factor productivity intermediate inputs, 2019-2021

Industry

2012 NAICS 

Code

Average annual percent change

Energy Input Materials Input Services 

Input

Agriculture, forestry, fishing, and hunting 11 0.3 8.1 2.1

Mining 21 -11.0 -4.1 -18.1

Utilities 22 -3.5 -6.7 -2.9

Construction 23 4.3 0.7 13.3

Manufacturing 31-33 -13.7 -7.9 -5.3

Durable manufacturing 321,327,33 -13.5 -6.8 -3.7

Nondurable manufacturing 31,322-326 -14.0 -5.5 -7.6

Wholesale trade 42 11.0 7.3 3.7

Retail trade 44,45 14.9 7.3 9.8

Transportation and warehousing 48-49 -6.6 -6.5 5.7

Information 51 -4.8 -0.6 7.6

Finance and insurance 52 -7.5 -10.8 -2.2

Real estate and rental and leasing 53 -2.1 -4.2 2.1

Professional and technical services 54 -1.2 5.8 6.0

Management of companies 55 6.5 18.5 1.3

Admin and waste services 56 -4.7 -1.2 7.0

Educational services 61 -10.7 4.6 2.0

Health care and social assistance 62 -13.2 1.1 -3.0

Arts, entertainment, and recreation 71 -25.8 -22.9 -10.2

Accommodation and food services 72 9.0 5.4 2.7

Other services, except government 81 -12.2 -15.7 -0.3
11

Table 5. Sources of labor productivity, 2021

Industry

2012

NAICS

code

Percent 

change Percentage Point

Labor 

Productivity TFP Capital Intensity

Labor 

Composition

Energy 

Intensity

Materials 

Intensity

Services 

Intensity

Agriculture, forestry, 

fishing, and hunting 11 -5.0 -5.4 1.5 -0.1 -0.3 -0.1 -0.6

Mining 21 0.2 -3.9 -0.5 -0.1 0.4 2.8 1.6

Utilities 22 1.8 -1.7 1.3 0.0 0.1 -0.1 2.1

Construction 23 -3.5 -0.6 0.0 -0.5 0.0 -1.8 -0.6

Manufacturing 31-33 -0.1 3.3 -0.6 -0.1 -0.1 -2.1 -0.5

Durable Manufacturing 321,327,33 0.9 2.8 -0.7 -0.1 0.0 -1.2 0.2

Nondurable 

Manufacturing 31,322-326 -1.3 3.4 -0.3 -0.1 -0.2 -2.7 -1.3

Wholesale trade 42 7.6 1.5 -0.5 -0.3 0.3 0.3 6.3

Retail trade 44,45 2.4 -0.6 -0.3 -0.2 0.3 -0.3 3.6

Transportation and 

warehousing 48-49 1.9 0.0 -1.3 -0.3 0.2 -0.2 3.5

Information 51 6.3 4.6 -0.5 -0.1 0.0 -0.3 2.5

Finance and insurance 52 3.0 4.0 0.7 -0.3 -0.1 -0.1 -1.1

Real estate and rental and 

leasing 53 0.8 1.4 -1.2 0.0 0.1 0.3 0.3

Professional and technical 

services 54 4.8 4.2 0.1 -0.2 -0.1 0.1 0.6

Management of 

companies 55 5.3 6.2 -0.2 -1.1 -0.1 0.6 -0.1

Admin and waste 

services 56 6.0 3.9 -0.4 -1.0 -0.1 -0.2 3.8

Educational services 61 4.1 1.9 0.0 -0.2 -0.1 -0.4 2.8

Health care and social 

assistance 62 2.1 1.8 -0.1 0.0 -0.3 0.6 0.2

Arts, entertainment, and 

recreation 71 16.0 15.1 -2.9 -0.3 -0.1 0.3 4.0

Accommodation and food 

services 72 19.4 12.4 -2.0 -0.8 0.7 2.5 5.8

Other services, except 

government 81 -6.1 0.9 -0.4 -0.5 -0.6 -6.2 0.8
12

Table 6. Industry contributions1 to private business output by component, 2010

Industry

2012 NAICS 

Code

Percentage Point

TFP Capital Labor

Goods producing sector 11-33 1.05 0.05 -0.10

Agriculture, forestry, fishing, and hunting 11 -0.04 0.00 0.00

Mining 21 -0.15 -0.01 0.02

Utilities 22 0.19 0.03 -0.01

Construction 23 -0.02 -0.03 -0.20

Manufacturing 31-33 1.07 0.07 0.09

Durable manufacturing2 321,327,33 0.82 0.00 0.07

Nondurable manufacturing 31,322-326 0.25 0.07 0.02

ICT3 51x 0.48 0.19 -0.05

Information 51 0.22 0.05 -0.05

FIRE 52-53 0.34 -0.16 -0.07

Finance and insurance 52 -0.18 -0.13 -0.03

Real estate and rental and leasing 53 0.52 -0.03 -0.04

Service providing sector 42-49,54-81 1.02 0.20 0.23

Wholesale trade 42 0.31 -0.02 -0.06

Retail trade 44,45 -0.01 0.03 0.06

Transportation and warehousing 48-49 0.13 -0.02 0.03

Professional and technical services4 54 0.06 0.04 -0.05

Management of companies 55 0.14 0.01 0.01

Admin and waste services 56 0.10 0.02 0.14

Educational services 61 0.01 0.01 0.02

Health care and social assistance 62 -0.14 0.06 0.15

Arts, entertainment, and recreation 71 0.07 0.00 0.00

Accommodation and food services 72 0.13 0.00 0.00

Other services, except government 81 0.00 0.00 -0.01

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

2. Goods producing sector 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. Service providing sector, except for computer systems design and related services (NAICS 5415)
13

Table 7. Industry contributions1 to private business output by component, 2021

Industry

2012 NAICS 

Code

Percentage Point

TFP Capital Labor

Goods producing sector 11-33 0.52 0.19 0.33

Agriculture, forestry, fishing, and hunting 11 -0.14 0.03 0.00

Mining 21 -0.09 -0.01 -0.01

Utilities 22 -0.06 0.04 0.00

Construction 23 -0.07 0.05 0.16

Manufacturing 31-33 0.88 0.07 0.18

Durable manufacturing2 321,327,33 0.42 0.00 0.11

Nondurable manufacturing 31,322-326 0.46 0.07 0.06

ICT3 51x 0.40 0.25 0.17

Information 51 0.31 0.01 0.09

FIRE 52-53 0.73 0.18 0.13

Finance and insurance 52 0.53 0.16 0.08

Real estate and rental and leasing 53 0.20 0.02 0.05

Service providing sector 42-49,54-81 2.53 0.26 1.72

Wholesale trade 42 0.17 0.03 0.08

Retail trade 44,45 -0.07 0.04 0.14

Transportation and warehousing 48-49 0.04 0.01 0.27

Professional and technical services4 54 0.49 0.08 0.27

Management of companies 55 0.26 0.00 0.01

Admin and waste services 56 0.27 0.03 0.24

Educational services 61 0.02 0.00 0.01

Health care and social assistance 62 0.21 0.05 0.20

Arts, entertainment, and recreation 71 0.18 0.00 0.09

Accommodation and food services 72 0.64 0.00 0.20

Other services, except government 81 0.03 0.01 0.13

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

2. Goods producing sector 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. Service providing sector, except for computer systems design and related services (NAICS 5415)