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Employment Projections

Industries with the most rapidly declining output

Other available formats: (XLSX)

Table 2.8 Industries with the most rapidly declining output
(Output in billions of chained 2012 dollars)

Industry Description

Sector

2022 NAICS

Output, 2022

Output, 2032

Output change, 2022–32

Compound annual rate of change, 2022–32

Coal mining

Mining

2121

27.4

18.0

-9.4

-4.1

Apparel, leather and allied product manufacturing

Manufacturing

315, 316

26.0

19.7

-6.4

-2.8

Industrial machinery manufacturing

Manufacturing

3332

55.9

47.3

-8.5

-1.6

Manufacturing and reproducing magnetic and optical media

Manufacturing

3346

1.6

1.4

-0.2

-1.5

Pulp, paper, and paperboard mills

Manufacturing

3221

61.1

52.8

-8.4

-1.5

Rubber product manufacturing

Manufacturing

3262

35.8

31.7

-4.1

-1.2

Metalworking machinery manufacturing

Manufacturing

3335

25.9

23.0

-2.9

-1.2

Office furniture (including fixtures) manufacturing

Manufacturing

3372

18.8

16.9

-1.9

-1.1

Cutlery and handtool manufacturing

Manufacturing

3322

9.2

8.3

-0.9

-1.0

Seafood product preparation and packaging

Manufacturing

3117

11.7

10.7

-1.0

-0.9

Source: Employment Projections program, U.S. Bureau of Labor Statistics

Last Modified Date: September 6, 2023