Industries at a Glance

Fabricated Metal Product Manufacturing: NAICS 332

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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:

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.
2015
Apr.
2015
May
2015
Jun.
2015

Employment (in thousands)

Employment, all employees (seasonally adjusted)

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1,473.6 1,474.7 (P) 1,470.3 (P) 1,465.8

Employment, production and nonsupervisory employees (seasonally adjusted)

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1,081.3 1,081.7 (P) 1,080.5 (P) 1,077.2

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Employment by Occupation

Data series Employment,
2014

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

57,220

First-line supervisors/managers of production and operating workers

60,450

Machinists

133,420

Team assemblers

79,600

Welders, cutters, solderers, and brazers

90,180

(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
Mar.
2015
Apr.
2015
May
2015
Jun.
2015

Average hourly earnings

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$22.61 $22.57 (P) $22.74 (P) $22.73

Average weekly hours

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41.3 41.1 (P) 41.3 (P) 41.3

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings and Hours of Production and Nonsupervisory Employees

Data series Back
data
Mar.
2015
Apr.
2015
May
2015
Jun.
2015

Average hourly earnings

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$18.84 $18.73 (P) $18.85 (P) $18.99

Average weekly hours

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42.4 42.3 (P) 42.4 (P) 42.4

Footnotes
(P) Preliminary

(Source: Current Employment Statistics)

Earnings by Occupation

Data series Wages, 2014
Hourly Annual
Median Mean Median Mean

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

15.05 15.77 31,300 32,800

First-line supervisors/managers of production and operating workers

26.75 28.22 55,640 58,700

Machinists

18.36 19.07 38,190 39,660

Team assemblers

13.92 14.69 28,940 30,560

Welders, cutters, solderers, and brazers

17.18 17.92 35,730 37,280

(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 2010 2011 2012 2013

Fatalities

Number of fatalities

49 39 43 47

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

Total recordable cases

5.5 5.6 5.7 5.2

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

2.7 2.6 2.9 2.6

Cases involving days away from work

1.4 1.4 1.5 1.3

Cases involving days of job transfer or restriction

1.3 1.3 1.3 1.3

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.
2015
Apr.
2015
May
2015
Jun.
2015

Producer price index

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(P) 189.5 (P) 189.3 (P) 189.2 (P) 189.2

Percent change from previous month

(P) 0.2% (P) -0.1% (P) -0.1% (P) 0.0%

Import index

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126.4 126.2 126.2 126.2

Percent change from previous month

-0.1% -0.2% 0.0% 0.0%

Export index

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129.3 129.3 (R) 129.2 128.9

Percent change from previous month

-0.2% 0.0% (R) -0.1% (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

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data
1st quarter
2014
2nd quarter
2014
3rd quarter
2014
4th quarter
2014

Number of establishments

Private industry

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(P) 58,181 (P) 58,299 (P) 58,358 (P) 58,442

Local government

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(P) 1 (P) 1

State government

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(P) 1 (P) 1 (P) 1 (P) 1

Federal government

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(P) 6 (P) 6 (P) 6 (P) 6

Footnotes
(P) Preliminary

(Source: Quarterly Census of Employment and Wages)

Productivity

Data series Back
data
2011 2012 2013 2014

Labor productivity index, output per hour

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99.401 97.792 96.295 97.589

Percent change from previous year

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1.5 -1.6 -1.5 1.3

Labor index, total labor hours

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85.914 90.290 92.413 94.843

Percent change from previous year

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5.9 5.1 2.4 2.6

Output index

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85.400 88.296 88.988 92.557

Percent change from previous year

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7.5 3.4 0.8 4.0

Unit labor costs index

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106.506 110.720 112.903 112.000

Percent change from previous year

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-1.5 4.0 2.0 -0.8

(Source: Productivity and Costs)

Data extracted on: July 31, 2015

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