Manufacturing Sector
Industry Description
The US manufacturing sector consists of about 290,000 establishments (single-location companies and units of multi-location companies) with combined annual sales of about $4 trillion. Major companies include Boeing, Caterpillar, DuPont, Ford, GE, GM, Hewlett-Packard, IBM, Procter & Gamble, Pfizer, and Tyson Foods. The manufacturing sector is fragmented: the largest 50 companies account for less than half of overall sales.
SIC: 2000, 2100, 2200, 2300, 2400, 2500, 2600, 2700, 2800, 2900, 3000, 3100, 3200, 3300, 3400, 3500, 3600, 3700, 3800, 3900
NAICS: 31, 32, 33
NAICS: 31, 32, 33
Related Industries:
Chemical Manufacturing, Personal Computer Manufacturing, Medical Equipment & Supplies Manufacturing, Machinery Manufacturing, Paper & Paper Products Manufacturing, Plastic & Rubber Product Manufacturing, Textile Manufacturing, Semiconductor & Other Electronic Component Manufacturing, Primary Metals Manufacturing, Lumber & Plywood Product Manufacturing, Glass & Glass Product ManufacturingTo get access to the full industry record, register now.
Trends
More Automation, Less Labor - Productivity has steadily increased in manufacturing because of the...
Industry Indicator
Total US manufacturers' shipments, which indicate manufacturing sector activity, rose 11.5 percent in the first eleven months of 2011 compared to the same period in 2010.
Quarterly Industry Update
Manufacturers' Profits Rise - Corporate profits for the US manufacturing sector climbed 5.3 percent in second quarter 2011 compared to the same period in 2010. However, profits for durable...


