How LIFO Works: A Beginner’s Guide to LIFO

Why Use LIFO?

Tax Benefits
- LIFO often creates material long-term tax deferral/savings: Not just a one-time tax benefit or timing difference between book & tax such as straight-line vs. accelerated depreciation
- During periods of rising costs, LIFO:
  - Provides more after-tax free cash flow than non-LIFO methods when there’s inflation
  - Ensures taxes aren’t paid on goods that have been purchased, but have yet to be sold
  - Improves ability to replenish & maintain an adequate level of inventory
- Some consider LIFO to act as a tax deferral tool that can be thought of as an interest-free loan, while others believe LIFO essentially acts as a permanent form of tax savings if a company is profitable, satisfies the going concern assumption & intends to stay on LIFO
- Tax Court opinion regarding LIFO (see Amity Leather vs. Commissioner):

The theory behind LIFO is that income may be more accurately determined by matching current costs against current revenues, thereby eliminating from earnings any artificial profits resulting from inflationary increases in inventory costs. At the heart of the LIFO method is the principle that income is more clearly reflected by matching current costs with current revenues.

GAAP accounting method
- LIFO is an accounting method permissible under GAAP, not just a tax incentive
- During periods of rising costs, income is most clearly reflected by matching current costs with current revenues
- Provides a more conservative measure of income compared to non-LIFO methods during periods of rising costs

LIFO LIFO Cost/Benefit Case Study: Building Products Manufacturer

Company Overview
- Years on LIFO: 6 (2017 = 1st year on LIFO)
- 2022 y/e inventory balance @ Cost: $15M
- 2022 y/e inventory balance @ LIFO: $12.1M
- Combined federal + state tax rate: 30%
- Interest rate on debt: 6%
- 2022 y/e LIFO reserve: $2.9M
Benefits
- Cumulative after-tax savings:
- 2022 y/e LIFO reserve * tax rate = $2.9M * 30% = $860K
- Savings on interest expense: Cumulative after-tax savings * interest rate on debt = $860K * 6% = $52K
Costs
- First year fee including IRS forms prep (2017): $5K
- Recurring annual outsourcing fee: $2,500 (years 2 – 6)
- Cumulative outsourcing costs: $17,500
- Cost as a percentage of after-tax savings: $17,500 ÷ $860K = 2%

How LIFO Works

Common Misconceptions

Misconception #1: The following burdens & costs outweigh the benefits of LIFO:
- Management, cost accounting & purchasing/sales functions & responsibilities will be complicated by using LIFO
- Wholesale changes must be made to accounting system since item costs & the physical flow of goods must be tracked on a LIFO basis
- Clarifications
  - Under the dollar-value method, the LIFO value of inventory is determined outside of the accounting system & a top-side accounting entry is recorded to adjust ending inventory from cost to LIFO & accrue the change in the LIFO reserve
  - Under dollar-value LIFO, item costs remain being tracked the same way they did prior to electing LIFO & requires no changes to the accounting system other than adding a contra-inventory subledger account called the LIFO reserve
Misconception #2
- Employee compensation & bonuses will be complicated from using LIFO
- Clarification: Internal management reports can be presented on a non-LIFO basis as long as they’re only being used internally
Misconception #3: Tax savings from LIFO will be minimal because of:
- High inventory turnover or new item rates
- Just in time inventory or lean accounting practices
- Clarifications
  - Under the dollar-value method, the inflation rate used to calculate the LIFO reserve change is based on a 12 month comparison of current vs. prior year’s item/unit costs extended by quantities on hand in ending inventory regardless of the turnover ratio
  - External indexes reconstruct inflation on new items, which ensures the same amount of inflation is applied to new & preexisting items
  - Manufacturers will always have raw materials & WIP; wholesalers/distributors & retailers still must maintain adequate base stock
Misconception #4: Internal costs must be used to measure LIFO inflation
- Clarification: External indexes such as the BLS CPI/PPI can be used to measure inflation, thereby minimizing reliance on accounting information systems
Misconception #5: LIFO reserve change misconceptions:
- Material LIFO reserve recaptures can occur from normal current vs. prior year inventory balance decreases
- LIFO reserve can’t increase if the current vs. prior period’s inventory balance decreases
- Clarifications
  - In most cases, material LIFO recapture only occurs when there is either substantial deflation and/or substantial inventory liquidations
  - When there’s inflation, LIFO reserve can increase even when current vs. prior year inventory balances decrease

Dollar-value LIFO

Overview

Inflation Calculation

Layer Calculations

LIFO Reserve & Expense (Income) Calculation

LIFO Reserve: Equals the difference between inventory at cost (FIFO or average cost) & inventory at LIFO
LIFO Expense (Income):
- Equals the current vs. prior year LIFO reserve change
- Increase in current vs. prior year LIFO reserve change = LIFO expense (reduction to income & increase to COGS)
- Decrease in current vs. prior year LIFO reserve change = LIFO income (increase to income & decrease to COGS)
LIFO Reserve Change Components
- LIFO reserve change will consist of 1 or both of the following two components:
  - Inflation effect LIFO expense (income): Current year inflation rate * prior year inventory balance at cost
  - Layer erosion effect LIFO income: Current year decrease at base year costs * (Current year cumulative index – the average cumulative index of the layers eroded)
- In most cases, the layer erosion effect LIFO income will create LIFO recapture, but if there was deflation in the prior year & also in the current year, layer erosions can create LIFO expense (LIFO reserve increase)
- Determining factor on whether one or both of the above will components will be used is dependent on whether an increment or decrement was created. If an increment was created, the LIFO reserve change will only consist of the inflation effect LIFO expense (income). If decrement(s) created, the LIFO reserve change will be the sum of the inflation effect LIFO expense (income) & layer erosion LIFO income. In other words, the layer erosion LIFO income only occurs when a decrement was created.
- You can project in advance if there will be an increment or decrement for the upcoming year end by taking the product of the current year’s expected inflation rate & last year’s inventory balance at cost (LIFOPro calls this amount the “zero layer erosion Current Year Cost”) and comparing that amount to the projected year end inventory balance at cost. If the projected year end inventory balance at cost is higher than the zero layer erosion Current Year Cost, there will be an increment, but if it’s lower, there will be a decrement.
- In the absence of a complete LIFO calculation becoming available, an easy way to perform a quick LIFO estimate or apply reasonableness testing to the results of your LIFO calculation would be to use the inflation effect LIFO expense (income) formula listed above

Accounting for LIFO

LIFO Methods Alternatives & Best Practices

LIFO value pricing method
- Specific goods (“unit LIFO”): LIFO value of inventory is accounted for at the item level. Unit costs & the physical flow of goods are tracked on a LIFO basis within accounting system
- Dollar-value: Under this method, the LIFO value is accounted for as a top-side adjustment rather than at the item level. Unit costs & the physical flow of goods are tracked at actual cost (FIFO, average cost or specific ID) or standard cost. Side computation made outside of accounting system to calculate inflation, layers (decrements), inventory @ LIFO, LIFO reserve & LIFO expense (income)
- Best practice: Use dollar-value LIFO because it avoids many undesirable characteristics of LIFO & offers materially higher long-term tax benefits when compared to unit LIFO
LIFO index computation timeframe selection
- Link-chain: Current quantities are extended against current & prior period item/unit costs to calculate current year inflation index (one year measurement period)
- Double-extension: Current quantities are extended against current & base period unit costs to calculate current year cumulative index (all years on LIFO measurement period)
- Best practice: Use Link-chain LIFO because it’s absent of the inherent flaws built into double-extension method & link-chain precludes the need to reconstruct base year costs for new items
Inflation measurement source
- Internal indexes: Current year inflation index measured using actual costs paid/incurred to acquire/procure the goods
- External indexes: aka Inventory Price Index Computation or IPIC method. Bureau of Labor Statistics Consumer/Producer Price Indexes assigned to goods to calculate current year inflation index
- Best practice: Common to use the method that’ll provide the most favorable tax position (inflation), but ultimately varies by industry, product mix & many other company-specific consideratioN
Current-year cost & layer valuation method
- Latest acquisitions (FIFO), 12-month moving average or rolling-average cost (aka weighted average cost), Earliest acquisitions, specific ID or other method that’s clearly reflective of income
- Best practice: For first-time elections, use the same method employed by accounting system to track item costs prior to electing LIFO to prevent wholesale changes to accounting system or IT burden associated with measuring multiple methods
Pooling method
- Resellers (retailers & wholesalers/distributors): Line, type or class of goods
- Manufacturers/producers
  - Natural business units (separate pool required for manufactured vs. purchased for resale goods)
  - Raw materials content
  - Multiple pools
- IPIC LIFO method users
  - IPIC Pooling method: pools established for each BLS major group assigned 5% or more of the total inventory balance at cost
  - Any non-IPIC pooling method listed above that matches your industry type ( i.e., manufacturers using IPIC method could use natural business unit pooling method)
  - Best practice: Utilize the method expected to create/require the least amount of LIFO pools to minimize likelihood of LIFO recapture caused by inventory liquidations

Learn more here: LIFO Methods, Rules & Regulations

What Makes a Good LIFO Candidate?

Good LIFO Candidate: LIFOPro has developed a proprietary scoring system to identify good candidates, which requires for the following criteria to be met:
- High inflation frequency: Must have inflation in more than half of the last 20 years (11 or more). Best LIFO candidates have high inflation frequency because the more often inflation is expected to occur, the higher the likelihood that LIFO acts as annuity & the lower the likelihood of deflation/LIFO recapture
- Historical Average Annual Inflation Rate of 1% or greater: Using 20 year average annual inflation rate (or 3/5/10 year)
- At least $2M of inventory
Good LIFO Election Candidate: Must meet the good LIFO candidate criteria listed above & have an election year inflation rate that’s greater than or equal to the historical average annual inflation rate
Good 2022 LIFO Election Candidates List: Download here: 2022 Good LIFO Election Candidates List
Election Year LIFO Tax Savings Formula & Example
- Formulas
  - Election year taxable income reduction from LIFO (LIFO expense): Prior year inventory balance at cost * Current year inflation rate
  - Election year LIFO tax benefit: Current year LIFO expense * Combined federal & state tax rate
- Example:
  - Assumptions: $5M prior year end inventory balance, 10% current year inflation & 40% tax rate
  - Results:
    - Election year LIFO expense: $5M * 10% = $500K
    - Election year LIFO tax benefit: $500K * 40% = $200K

2022 Good LIFO Election Candidates by BLS Commodity

Download 2022 Good LIFO Election Candidates List Here: 2022 Good LIFO Election Candidates List

PPI Code	PPI Comm. Desc.	Good Candidate	'22 Election Candidate	11M 11/22 (YTD)	12M 12/21	12M 12/20	3Y Avg.	5Y Avg.	10Y Avg.	20Y Avg.	Infl. Freq. 02 - 21	YTD vs. 20Y Avg. Infl. Mult.
01	Farm products	Yes	Yes	25.0%	23.9%	3.1%	8.0%	6.8%	1.5%	4.0%	14 of 20	6.3
011	Fruits & melons, fresh/dry vegs. & nuts	Yes	Yes	55.3%	9.4%	-4.5%	-5.5%	5.6%	3.4%	3.2%	14 of 20	17.3
0111	Fresh fruits and melons	Yes	Yes	22.5%	16.8%	-11.7%	-6.0%	2.5%	2.7%	1.6%	13 of 20	14.0
0113	Fresh and dry vegetables	Yes	Yes	112.7%	0.7%	10.2%	-6.2%	10.1%	4.7%	4.3%	11 of 20	26.4
0119	Tree nuts	Yes	No	-4.3%	15.1%	-18.8%	-1.7%	1.5%	1.9%	5.7%	11 of 20	-0.8
012	Grains	Yes	Yes	12.4%	43.9%	14.4%	18.5%	13.8%	0.8%	5.6%	13 of 20	2.2
0121	Wheat	No	No	1.7%	58.6%	17.3%	20.2%	18.3%	3.4%	5.8%	10 of 20	0.3
0122	Other grains	Yes	Yes	15.3%	41.3%	14.2%	18.6%	12.9%	0.2%	5.6%	13 of 20	2.7
0123	Rough rice	Yes	Yes	25.5%	12.5%	4.5%	7.0%	6.9%	-0.5%	3.4%	11 of 19	7.6
013	Slaughter livestock	Yes	Yes	11.3%	23.0%	-4.5%	6.6%	4.2%	0.7%	3.7%	13 of 20	3.0
0131	Slaughter cattle	Yes	Yes	12.7%	24.8%	-8.6%	5.0%	3.6%	1.1%	3.7%	12 of 20	3.4
0132	Slaughter hogs	Yes	Yes	17.1%	15.1%	10.5%	11.4%	6.1%	-1.1%	3.0%	11 of 20	5.7
0133	Slaughter lambs	Yes	No	-33.9%	35.5%	23.4%	20.3%	11.3%	7.0%	7.6%	14 of 20	-4.4
014	Slaughter poultry	Yes	Yes	5.9%	52.4%	-1.1%	14.7%	8.4%	4.7%	5.2%	12 of 20	1.2
0141	Slaughter chickens	Yes	No	0.3%	63.2%	-4.6%	15.3%	10.0%	5.3%	5.3%	13 of 20	0.1
0142	Slaughter turkeys	Yes	Yes	35.4%	17.6%	14.2%	13.8%	2.3%	2.5%	4.6%	15 of 20	7.8
0143	Slaughter ducks	Yes	Yes	7.8%	4.7%	1.2%	2.1%	1.5%	1.3%	3.5%	18 of 20	2.2
015	Raw cotton	Yes	No	-16.0%	48.6%	15.6%	12.3%	8.3%	0.9%	5.9%	13 of 20	-2.7
0151	Raw cotton	Yes	No	-16.0%	48.6%	15.5%	12.2%	8.3%	0.9%	5.9%	13 of 20	-2.7
016	Raw milk	Yes	Yes	43.3%	-3.5%	2.8%	8.4%	2.0%	-0.1%	1.8%	13 of 20	23.6
0161	Raw milk	Yes	Yes	43.3%	-3.5%	2.8%	8.4%	2.0%	-0.1%	1.8%	13 of 20	23.6
017	Chicken eggs	Yes	Yes	167.3%	95.5%	-33.7%	6.1%	9.2%	1.4%	4.7%	12 of 20	35.6
0171	Chicken eggs	Yes	Yes	167.3%	95.5%	-33.7%	6.1%	9.2%	1.4%	4.7%	12 of 20	35.6
018	Hay, hayseeds, and oilseeds	Yes	Yes	14.5%	11.5%	25.1%	11.9%	6.1%	1.1%	4.8%	13 of 20	3.0
0181	Hay and hayseeds	Yes	Yes	5.7%	32.8%	-2.1%	5.6%	11.7%	1.5%	4.2%	12 of 20	1.4
0183	Oilseeds	Yes	Yes	16.3%	8.0%	31.1%	13.3%	5.0%	1.0%	5.2%	12 of 20	3.1
02	Processed foods and feeds	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
021	Cereal and bakery products	Yes	Yes	15.5%	9.2%	0.1%	3.2%	2.7%	1.5%	2.8%	16 of 20	5.6
0211	Bakery products	Yes	Yes	14.1%	4.8%	-1.1%	1.4%	1.9%	1.6%	2.4%	19 of 20	5.9
0212	Flour and flour base mixes and doughs	Yes	Yes	17.7%	19.9%	1.3%	6.7%	4.5%	1.7%	3.5%	14 of 20	5.1
0213	Milled rice and byproducts	Yes	Yes	20.6%	6.9%	6.8%	5.4%	5.6%	1.3%	5.3%	15 of 20	3.9
0214	Cereal and pasta products	Yes	Yes	15.3%	9.7%	0.4%	3.4%	2.5%	1.1%	2.6%	15 of 20	5.9
022	Meats, poultry, and fish	Yes	No	-0.4%	20.0%	2.7%	9.2%	4.8%	2.7%	3.3%	15 of 20	-0.1
0221	Meats	Yes	No	-0.8%	14.9%	3.4%	7.9%	4.8%	2.3%	3.3%	16 of 20	-0.2
0222	Processed poultry	Yes	Yes	4.5%	26.5%	2.2%	10.8%	3.9%	2.8%	2.6%	15 of 20	1.7
0223	Unprocessed and prepared seafood	Yes	No	-11.0%	36.3%	-0.5%	13.1%	7.1%	5.2%	5.1%	13 of 20	-2.1
023	Dairy products	Yes	Yes	13.9%	7.6%	-3.0%	4.0%	1.9%	1.0%	2.2%	12 of 20	6.3
0231	Fluid milk products	Yes	Yes	16.6%	6.6%	-0.9%	4.0%	2.5%	1.6%	2.7%	12 of 20	6.2
0232	Butter	Yes	Yes	44.6%	40.7%	-26.0%	-3.1%	-0.7%	2.3%	2.4%	11 of 20	18.8
0233	Natural, processed, and imitation cheese	Yes	Yes	12.9%	2.0%	-5.1%	3.7%	0.4%	0.2%	1.8%	11 of 20	7.4
0234	Ice cream and frozen desserts	Yes	Yes	13.5%	5.1%	-1.9%	2.0%	1.8%	1.4%	2.1%	18 of 20	6.5
0235	Dry, condensed, and evaporated milk products	Yes	Yes	2.8%	18.5%	4.1%	7.9%	4.7%	0.0%	1.9%	14 of 20	1.5
024	Processed fruits and vegetables	Yes	Yes	17.7%	4.5%	3.8%	2.4%	2.4%	1.7%	2.7%	17 of 20	6.5
0241	Canned fruits and juices	Yes	Yes	14.8%	4.3%	4.4%	1.9%	0.8%	1.8%	2.6%	16 of 20	5.8
0242	Frozen fruits, juices and ades	Yes	No	-2.3%	21.4%	8.0%	3.4%	3.9%	2.1%	3.6%	12 of 20	-0.6
0244	Canned vegetables and juices	Yes	Yes	23.2%	5.7%	2.3%	3.8%	3.5%	1.4%	2.2%	16 of 20	10.7
0245	Frozen vegetables	Yes	Yes	24.3%	1.9%	2.7%	2.1%	2.8%	1.5%	2.8%	18 of 20	8.6
0248	Dried and dehydrated food	Yes	Yes	11.5%	0.1%	5.5%	1.0%	2.0%	2.1%		16 of 19	5.4
025	Sugar and confectionery	Yes	Yes	9.1%	3.1%	-1.4%	1.7%	1.2%	0.5%	2.6%	16 of 20	3.5
0252	Raw cane sugar and sugar cane mill products and byproducts	Yes	Yes	12.9%	7.9%	9.2%	6.9%	3.1%	-0.7%	2.6%	12 of 20	4.9
0253	Refined sugar products and byproducts	Yes	Yes	8.0%	5.8%	4.7%	5.0%	4.3%	-0.5%	2.8%	14 of 20	2.8
0254	Confectionery materials	Yes	Yes	17.8%	5.4%	-4.4%	2.7%	2.1%	-0.1%	2.6%	15 of 20	7.0
0255	Confectionery end products	Yes	Yes	6.3%	1.4%	-2.6%	0.3%	0.2%	1.1%	2.5%	16 of 20	2.5
026	Beverages and beverage materials	Yes	Yes	11.0%	3.3%	2.1%	2.3%	1.9%	1.4%	2.1%	20 of 20	5.3
0261	Alcoholic beverages	Yes	Yes	6.3%	-0.4%	1.9%	0.5%	1.1%	1.0%	1.7%	18 of 20	3.8
0262	Soft drinks	Yes	Yes	14.2%	7.3%	2.4%	4.5%	3.1%	2.3%	2.4%	20 of 20	6.0
0263	Packaged beverage materials	Yes	Yes	19.1%	2.6%	0.3%	1.0%	0.7%	-1.3%	2.3%	14 of 20	8.2
0264	Other beverage materials	Yes	Yes	13.7%	10.7%	4.7%	6.2%	4.4%	3.1%	2.9%	18 of 20	4.7
027	Fats and oils	Yes	Yes	17.2%	42.5%	10.8%	14.7%	8.3%	1.9%	6.3%	11 of 20	2.7
0278	Shortening, cooking oil, and margarine	No	No	19.4%	35.3%	7.7%	11.7%	6.9%	1.4%	4.9%	10 of 20	4.0
027A	Other oilseed processing	Yes	Yes	9.1%	60.0%	15.2%	21.4%	11.2%	4.5%		11 of 18	2.0
027B	Corn oil, crude and refined	Yes	No	11.2%	82.2%	57.3%	37.9%				3 of 5	0.3
028	Miscellaneous processed foods	Yes	Yes	19.2%	5.9%	1.2%	2.0%	2.4%	1.6%	2.2%	16 of 20	8.9
0281	Canned jams, jellies, and preserves	Yes	Yes	8.5%	9.7%	0.4%	3.4%	2.3%	2.4%	2.5%	17 of 20	3.5
0282	Pickles and other pickled products, including horseradish	Yes	Yes	13.9%	12.5%	0.8%	4.2%	4.0%	2.2%	2.1%	16 of 20	6.5
0284	Specialty canning	Yes	Yes	22.8%	7.2%	-0.3%	2.8%	2.3%	1.8%	2.1%	17 of 20	11.0
0285	Frozen specialty food	Yes	Yes	17.1%	3.4%	0.6%	1.2%	0.5%	0.6%	1.4%	14 of 20	12.6
0286	Prepared sauces, except tomato	Yes	Yes	12.7%	2.9%	0.3%	1.4%	1.4%	1.1%	1.6%	17 of 20	7.9
0289	Other miscellaneous processed foods	Yes	Yes	13.3%	6.1%	2.2%	2.4%	2.9%	2.0%	2.5%	17 of 20	5.4
029	Prepared animal feeds	Yes	Yes	16.2%	8.0%	9.6%	5.9%	3.9%	1.4%	3.9%	15 of 20	4.1
0292	Soybean cake, meal, and other byproducts	Yes	Yes	10.8%	-1.6%	9.1%	0.6%	0.6%	0.4%	2.9%	13 of 20	3.7
0293	Formula feeds	Yes	Yes	13.1%	16.3%	8.6%	9.0%	5.9%	1.6%	4.6%	15 of 20	2.9
0294	Miscellaneous feedstuffs	Yes	Yes	20.7%	6.3%	10.4%	6.0%	3.8%	1.8%	3.8%	14 of 20	5.5
03	Textile products and apparel	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
031	Synthetic fibers	No	No	6.5%	22.0%	-3.0%	5.4%	5.5%	2.5%	1.9%	10 of 20	3.5
0315	Unprocessed filament yarns	Yes	Yes	6.5%	22.0%	-3.0%	5.4%	5.5%	2.5%	1.9%	11 of 20	3.5
032	Processed yarns and threads	Yes	Yes	8.0%	29.3%	-2.0%	6.7%	5.8%	1.8%	2.7%	13 of 20	2.9
0326	Yarns	Yes	Yes	8.2%	30.2%	-2.1%	6.8%	5.9%	1.8%	2.7%	14 of 20	3.0
033	Greige fabrics	Yes	Yes	9.5%	13.3%	-1.1%	3.2%	2.6%	0.3%	1.6%	12 of 20	5.7
0337	Greige broadwoven fabrics	Yes	Yes	8.7%	10.0%	-0.8%	3.1%	2.5%	0.4%	1.7%	13 of 20	5.2
0338	Greige knit fabrics	Yes	Yes	9.9%	7.2%	2.1%	3.2%	2.3%	0.7%	2.2%	13 of 20	4.5
0339	Tire cord and tire fabric	Yes	Yes	10.8%	#VALUE!	#VALUE!		2.9%	-0.3%	1.6%	8 of 15	6.8
034	Finished fabrics	Yes	Yes	9.5%	14.5%	1.8%	5.7%	4.1%	2.3%	2.2%	15 of 20	4.3
0342	Finished broadwoven fabrics	Yes	Yes	4.5%	26.4%	11.2%	11.7%	7.3%	3.4%	3.1%	14 of 20	1.4
0344	Woven and braided narrow fabrics	Yes	Yes	13.8%	13.5%	0.6%	4.8%	4.2%	3.8%	2.8%	19 of 20	4.9
0345	Nonwoven fabrics and felts	Yes	Yes	9.6%	14.5%	-2.3%	4.3%	3.2%	1.8%	1.8%	12 of 20	5.3
0346	Coated fabrics, not rubberized	Yes	Yes	13.5%	6.7%	1.1%	2.8%	2.9%	1.8%	2.3%	17 of 20	5.9
0347	Screen printed textile materials, embroideries, and lace goods	Yes	Yes	9.4%	10.0%	1.8%	5.1%	3.6%	2.0%	1.7%	17 of 20	5.5
0348	Knit fabrics, finished in knitting mills	Yes	Yes	16.0%	13.6%	1.5%	5.6%	4.0%	2.4%		15 of 19	6.7
038	Apparel & other fabricated textile prods	Yes	Yes	4.9%	7.0%	-0.1%	2.7%	2.2%	1.8%	1.4%	17 of 20	3.5
0381	Apparel	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
0382	Textile house furnishings	Yes	Yes	2.6%	3.9%	0.2%	1.3%	1.2%	2.2%	1.8%	18 of 20	1.4
0383	Industrial and other fabricated products	Yes	Yes	6.1%	11.8%	1.7%	5.3%	3.6%	2.5%	2.0%	17 of 20	3.0
039	Miscellaneous textile products/services	Yes	Yes	27.7%	25.7%	2.2%	5.2%	3.7%	1.7%	1.8%	13 of 20	15.3
0394	Miscellaneous textile products/services	Yes	Yes	27.7%	25.7%	2.1%	5.2%				3 of 4	5.4
04	Hides, skins, leather, and related products	Yes	Yes	3.9%	0.9%	3.0%	0.3%	-2.5%	-1.3%	0.6%	12 of 20	6.6
041	Hides and skins, incl. cattle	No	No	-2.6%	-15.6%	12.4%	-6.5%	-11.0%	-7.5%	-1.4%	9 of 20	1.8
0419	Hides and skins, incl. cattle	No	No	-2.6%	-15.5%	12.4%	-6.5%	-11.0%	-7.5%	-1.4%	8 of 20	1.8
042	Leather	No	No	-1.0%	13.2%	-0.6%	2.6%	-3.0%	-2.3%	0.3%	11 of 20	-3.6
0427	Finished and unfinished leather	No	No	-1.0%	13.2%	-0.6%	2.6%	-3.0%	-2.3%	0.3%	11 of 20	-3.6
043	Footwear	Yes	Yes	11.1%	6.0%	-0.2%	3.0%	2.3%	2.7%	2.1%	18 of 20	5.2
0431	Men's nonathletic footwear	Yes	Yes	13.8%	6.7%	0.3%	3.1%	2.2%	2.8%	2.4%	20 of 20	5.9
0432	Women's nonathletic footwear	Yes	Yes	4.1%	3.6%	0.0%	2.8%	2.3%	2.4%	1.6%	15 of 20	2.5
044	Other leather and related products	Yes	Yes	4.3%	3.0%	1.1%	1.8%	1.7%	2.1%	1.6%	20 of 20	2.6
0441	Luggage and small leather goods	Yes	Yes	2.5%	0.8%	1.2%	1.0%	1.6%	1.5%	1.5%	17 of 20	1.7
0445	Leather and leather-like goods, n.e.c.	Yes	Yes	6.5%	5.9%	1.1%	2.7%	1.9%	2.9%	1.9%	20 of 20	3.4
05	Fuels and related products and power	Yes	Yes	20.8%	38.3%	-6.3%	6.7%	6.9%	0.2%	4.9%	13 of 20	4.2
051	Coal	Yes	Yes	62.9%	0.4%	-5.7%	-1.9%	-0.3%	-0.9%	3.5%	15 of 20	18.1
0511	Anthracite	Yes	Yes	34.0%	9.7%	0.2%	3.4%	3.6%	0.8%	3.6%	15 of 20	9.5
0512	Bituminous coal and lignite	Yes	Yes	63.1%	0.4%	-5.7%	-2.0%	-0.3%	-0.9%	3.5%	15 of 20	18.2
053	Gas fuels	Yes	No	-13.9%	108.2%	9.1%	1.3%	7.8%	0.5%	4.6%	11 of 20	-3.0
0531	Natural gas	Yes	No	-14.6%	110.0%	10.1%	-0.8%	7.2%	3.2%	3.7%	11 of 20	-3.9
0532	Liquefied petroleum gas	Yes	No	-10.4%	99.3%	4.0%	16.6%	9.9%	-6.2%	5.6%	13 of 20	-1.9
055	Utility natural gas	Yes	No	-0.4%	40.5%	14.5%	9.0%	9.3%	4.5%	4.4%	13 of 20	-0.1
0551	Residential natural gas	Yes	Yes	14.3%	26.0%	4.7%	8.8%	6.7%	3.4%	3.7%	12 of 20	3.9
0552	Commercial natural gas	Yes	Yes	17.4%	31.6%	4.8%	9.0%	7.6%	3.2%	3.6%	12 of 20	4.8
0553	Industrial natural gas	Yes	Yes	17.7%	47.2%	3.1%	8.5%	7.7%	2.0%	2.7%	13 of 20	6.5
0554	Natural gas to electric power	Yes	No	-20.0%	58.8%	34.0%	9.2%	12.8%	6.6%	7.2%	12 of 20	-2.8
056	Crude petroleum (domestic production)	Yes	Yes	28.4%	48.6%	-22.3%	9.2%	6.0%	-3.9%	7.7%	13 of 20	3.7
0561	Crude petroleum (domestic production)	Yes	Yes	28.4%	48.6%	-22.3%	9.2%	6.0%	-3.9%	7.7%	13 of 20	3.7
057	Petroleum products, refined	Yes	Yes	39.9%	57.4%	-15.3%	11.8%	10.8%	-1.0%	7.7%	13 of 20	5.2
0571	Gasoline	Yes	Yes	17.1%	67.0%	-23.1%	13.6%	8.3%	-1.7%	7.1%	13 of 20	2.4
0572	Kerosene and jet fuels	Yes	Yes	67.8%	50.2%	-27.0%	3.0%	7.0%	-3.5%	7.0%	14 of 20	9.7
0573	Light fuel oils	Yes	Yes	68.0%	54.5%	-5.8%	13.2%	16.3%	0.7%	9.1%	15 of 20	7.5
0574	Residual fuels (heavy fuel oils, incl. #5, #6, & other residual fuels)	Yes	No	-10.1%	70.7%	12.0%	9.3%	14.3%	-2.5%	6.4%	12 of 20	-1.6
0576	Finished lubricants	Yes	Yes	22.9%	14.6%	-0.6%	5.3%	5.4%	1.6%	6.6%	14 of 20	3.5
0578	Lubricating oil base stocks	Yes	No	38.9%	67.3%	-14.3%	13.1%	13.3%	-1.7%		7 of 13	-22.9
058	Asphalt and other petroleum and coal products, n.e.c.	Yes	Yes	9.5%	48.7%	11.9%	8.7%	15.2%	-1.9%	9.0%	13 of 20	1.1
0581	Asphalt and other petroleum and coal products, n.e.c.	Yes	Yes	9.5%	48.7%	11.9%	8.7%	15.2%	-1.9%	9.0%	13 of 20	1.1
06	Chemicals and allied products	Yes	Yes	4.0%	22.9%	0.7%	6.4%	5.5%	2.6%	4.5%	17 of 20	0.9
061	Industrial chemicals	Yes	No	1.7%	44.5%	-3.1%	9.3%	7.3%	0.9%	5.3%	12 of 20	0.3
0613	Basic inorganic chemicals	Yes	Yes	29.8%	12.6%	-0.8%	3.3%	4.3%	0.1%	4.9%	12 of 20	6.0
0614	Basic organic chemicals	Yes	No	-2.3%	50.5%	-3.6%	10.2%	7.8%	1.0%	5.4%	12 of 20	-0.4
062	Paints and allied products	Yes	Yes	19.9%	13.9%	1.4%	6.0%	5.1%	2.7%	3.9%	17 of 20	5.1
0621	Prepared paint	Yes	Yes	20.3%	15.4%	1.6%	6.3%	5.4%	3.5%	3.9%	18 of 20	5.2
0622	Paint materials	Yes	Yes	20.6%	8.9%	0.7%	4.9%	4.4%	0.4%	3.5%	16 of 20	5.9
0623	Allied and miscellaneous paint products	Yes	Yes	10.0%	17.6%	1.2%	6.1%	4.9%	2.6%	4.2%	17 of 20	2.4
063	Drugs and pharmaceuticals	Yes	No	1.9%	2.9%	1.8%	2.4%	3.2%	4.6%	4.5%	20 of 20	0.4
0631	Medicinal and botanical chemicals, drugs, and other products	Yes	Yes	1.7%	0.3%	0.4%	0.0%	0.8%	0.4%	1.3%	14 of 20	1.3
0637	Biological products, including diagnostics	Yes	No	0.6%	9.6%	2.4%	5.2%	3.3%	2.9%	2.8%	18 of 20	0.2
0638	Pharmaceutical preparations	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
064	Fats and oils, inedible	Yes	Yes	21.7%	49.7%	15.2%	21.3%	8.3%	0.5%	7.4%	12 of 20	2.9
0641	Fats and oils, inedible	Yes	Yes	21.7%	49.7%	15.2%	21.3%	8.3%	0.5%	7.4%	12 of 20	2.9
065	Agricultural chemicals and chemical products	Yes	Yes	17.9%	49.5%	3.8%	12.5%	10.2%	2.4%	5.1%	13 of 20	3.5
0651	Mixed fertilizers	Yes	Yes	14.2%	36.2%	4.6%	9.7%	8.2%	2.1%	4.0%	13 of 20	3.5
0652	Fertilizer materials	Yes	No	5.1%	100.6%	9.8%	20.9%	17.1%	2.6%	7.7%	13 of 20	0.7
0653	Other agricultural chemicals	Yes	Yes	42.8%	6.4%	-1.7%	3.0%	2.6%	1.5%	1.7%	14 of 20	25.5
066	Plastic resins and materials	Yes	No	-8.1%	36.3%	5.6%	8.6%	7.7%	3.2%	4.7%	14 of 20	-1.7
0662	Thermoplastic resins and plastics materials	Yes	No	-11.0%	39.4%	6.8%	9.3%	8.3%	3.4%	5.0%	14 of 20	-2.2
0663	Thermosetting resins and plastics materials	Yes	Yes	13.0%	17.0%	-0.7%	3.7%	3.8%	1.6%	3.2%	16 of 20	4.0
067	Other chemicals and allied products	Yes	Yes	10.5%	8.7%	0.3%	3.3%	2.8%	1.9%	2.4%	19 of 20	4.3
0671	Soaps and detergents	Yes	Yes	11.6%	6.1%	0.5%	2.6%	1.9%	1.4%	2.0%	17 of 20	5.7
0672	Polish and other sanitation goods	Yes	Yes	6.3%	4.2%	1.0%	3.1%	3.9%	2.5%	2.2%	17 of 20	2.9
0675	Cosmetics and other toilet preparations	Yes	Yes	6.4%	1.8%	-0.2%	0.9%	1.0%	1.1%	1.1%	17 of 20	6.0
0679	Misc. chemical prod. and preparations	Yes	Yes	12.7%	13.7%	0.3%	4.8%	3.7%	2.4%	3.5%	19 of 20	3.7
07	Rubber and plastic products	Yes	Yes	8.4%	21.1%	0.6%	6.4%	5.1%	2.5%	3.2%	17 of 20	2.6
071	Rubber and rubber products	Yes	Yes	11.0%	11.0%	0.3%	3.5%	2.8%	0.6%	2.7%	14 of 20	4.1
0711	Synthetic rubber, inc. styrene-butadiene rubber (SBR) and ethylene propylene	Yes	Yes	5.1%	19.8%	0.1%	4.0%	3.4%	-0.8%	3.5%	13 of 20	1.4
0712	Tires, tubes, tread, & repair materials	Yes	Yes	14.7%	8.3%	0.3%	2.9%	2.4%	0.4%	2.8%	15 of 20	5.3
0713	Miscellaneous rubber products	Yes	Yes	10.4%	10.1%	0.5%	3.7%	3.0%	1.7%	2.4%	17 of 20	4.3
072	Plastic products	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
0721	Plastic construction products	Yes	Yes	10.2%	33.3%	6.4%	12.3%	8.7%	4.9%	4.6%	17 of 20	2.2
0722	Unsupported plastic film, sheet and other shapes	Yes	Yes	3.9%	26.2%	1.1%	7.9%	5.9%	2.9%	3.7%	16 of 20	1.0
0723	Laminated plastic sheets, rods, and tubes	Yes	Yes	12.7%	7.6%	1.2%	3.1%	2.5%	2.1%		16 of 19	6.0
0726	Parts for manufacturing from plastics	Yes	Yes	4.8%	16.2%	-1.2%	4.9%	3.6%	2.4%	2.1%	16 of 20	2.3
0729	Other plastic products	Yes	Yes	5.0%	19.3%	-0.4%	4.9%	4.5%	3.0%	3.4%	15 of 20	1.5
072A	Plastic packaging products	Yes	Yes	7.7%	25.6%	-1.7%	6.0%	5.7%	2.3%		9 of 16	3.3
072B	Consumer, institutional, and commercial products, n.e.c.	Yes	Yes	13.4%	25.2%	-0.2%	7.3%	6.1%	3.4%		11 of 16	3.9
072C	Recyclable plastics	Yes	No	-11.7%	30.4%	4.8%	11.0%	7.1%			6 of 10	-1.6
08	Lumber and wood products	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
081	Lumber	No	No	-21.3%	19.6%	38.3%	17.6%	10.9%	7.7%	3.8%	10 of 20	-5.6
0811	Softwood lumber	Yes	No	-22.5%	14.1%	52.5%	22.1%	13.5%	9.2%	4.5%	12 of 20	-5.1
0812	Hardwood lumber	Yes	No	-18.5%	34.3%	10.7%	9.4%	6.3%	5.1%	2.7%	11 of 20	-6.8
082	Millwork	Yes	Yes	9.3%	17.7%	7.9%	8.6%	6.8%	4.8%	3.2%	19 of 20	2.9
0821	General millwork	Yes	Yes	10.8%	13.7%	2.8%	5.9%	4.5%	3.5%	2.5%	19 of 20	4.3
0822	Prefabricated structural members	Yes	Yes	4.7%	32.0%	30.7%	19.1%	16.4%	10.6%	5.7%	15 of 20	0.8
083	Plywood	Yes	Yes	4.7%	14.2%	30.3%	10.7%	9.1%	5.4%	3.4%	11 of 20	1.4
0831	Softwood veneer and plywood	No	No	2.0%	10.0%	52.8%	13.2%	11.3%	6.5%	4.0%	10 of 20	0.5
0835	Hardwood veneer and plywood	Yes	Yes	9.5%	22.4%	0.6%	6.7%	6.2%	3.8%		13 of 16	2.5
084	Other wood products	Yes	Yes	5.4%	17.1%	2.9%	7.2%	6.0%	3.9%	2.5%	16 of 20	2.1
0841	Wood pallets and pallet containers, wood and metal combination	Yes	Yes	5.7%	32.8%	2.6%	12.4%	9.9%	6.2%	3.9%	16 of 20	1.5
0842	Wood boxes	Yes	No	-2.4%	8.3%	6.4%	5.5%	4.1%	2.5%	2.3%	18 of 20	-1.0
0849	Miscellaneous wood products	Yes	Yes	7.1%	4.0%	2.3%	2.3%	2.5%	2.0%	1.6%	17 of 20	4.5
085	Logs, bolts, timber, pulpwood and wood chips	Yes	Yes	4.5%	7.8%	3.2%	2.1%	1.9%	1.2%	2.0%	15 of 20	2.3
0851	Logs, bolts, timber, pulpwood and wood chips	Yes	Yes	4.5%	7.8%	3.2%	2.1%	1.9%	1.2%	2.0%	15 of 20	2.3
086	Prefabricated wood buildings & components	Yes	Yes	6.2%	25.6%	6.2%	10.6%	8.0%	5.3%	3.7%	17 of 20	1.7
0861	Prefabricated wood buildings & components	Yes	Yes	6.2%	25.6%	6.2%	10.6%	8.0%	5.3%	3.7%	17 of 20	1.7
087	Treated wood and contract wood preserving	Yes	Yes	9.6%	6.1%	12.4%	7.1%	4.8%	4.3%	2.7%	15 of 20	3.6
0871	Treated wood and contract wood preserving	Yes	Yes	9.6%	6.1%	12.4%	7.1%	4.8%	4.3%	2.7%	15 of 20	3.6
09	Pulp, paper, and allied products	Yes	Yes	8.9%	16.0%	3.0%	5.3%	4.1%	2.3%	2.6%	16 of 20	3.4
091	Pulp, paper, and prod., ex. bldg. paper	Yes	Yes	8.2%	18.6%	1.6%	4.9%	4.2%	2.3%	2.8%	15 of 20	2.9
0911	Wood pulp	Yes	Yes	23.0%	42.8%	1.8%	-2.8%	3.7%	0.7%	3.0%	12 of 20	7.6
0912	Recyclable paper	No	No	-66.8%	90.7%	95.1%	23.2%	7.0%	3.3%	6.8%	9 of 20	-9.8
0913	Paper	Yes	Yes	8.3%	17.9%	-1.9%	4.4%	4.4%	1.8%	2.3%	12 of 20	3.6
0914	Paperboard	Yes	Yes	10.7%	24.2%	0.0%	5.2%	6.0%	3.5%	3.4%	11 of 20	3.2
0915	Converted paper and paperboard products	Yes	Yes	14.3%	11.6%	0.5%	4.1%	3.2%	2.2%	2.5%	16 of 20	5.7
0916	Pressure-sensitive products	Yes	Yes	13.9%	11.2%	0.7%	4.0%	3.6%	1.2%	2.0%	12 of 19	6.8
092	Building paper & building board mill prods.	Yes	No	-8.9%	13.6%	60.7%	22.5%	12.5%	8.5%	5.6%	11 of 20	-1.6
0922	Hardboard, particleboard & fiberboard prods.	Yes	No	-8.9%	13.6%	60.7%	22.4%	12.5%	8.6%	5.6%	11 of 20	-1.6
094	Publications, printed matter and printing material	Yes	Yes	13.5%	9.5%	1.5%	4.5%	3.2%	1.7%		12 of 13	8.0
0944	Books printing	Yes	Yes	23.4%	11.8%	2.2%	5.3%	3.7%	2.7%		11 of 15	8.8
0945	Manifold business forms printing	Yes	No	0.1%	4.8%	2.6%	3.6%	3.9%	2.7%		13 of 15	0.0
0947	Commercial printing	Yes	Yes	13.9%	9.8%	0.8%	4.4%	3.0%	1.4%		11 of 15	9.7
0948	Blankbooks, binders, and bookbinding work	Yes	Yes	11.1%	8.6%	9.6%	7.3%	6.1%	4.0%		15 of 15	2.8
0949	Services for the printing trade	No	No	1.9%	3.2%	#VALUE!		1.1%	0.2%		4 of 10	10.4
10	Metals and metal products	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
101	Iron and steel	Yes	No	-23.6%	90.6%	10.0%	20.9%	17.1%	5.5%	7.2%	12 of 20	-3.3
1011	Iron ores	Yes	Yes	11.9%	20.7%	6.7%	10.4%	9.4%	0.4%	3.4%	15 of 20	3.5
1012	Iron and steel scrap	Yes	No	-33.0%	37.6%	44.0%	12.7%	14.3%	1.4%	10.1%	12 of 20	-3.3
1015	Foundry and forge shop products	Yes	Yes	13.3%	12.2%	3.0%	4.7%	3.3%	1.8%	2.9%	15 of 20	4.6
1017	Steel mill products	Yes	No	-26.5%	134.4%	2.1%	26.5%	20.8%	7.7%	7.9%	12 of 20	-3.4
102	Nonferrous metals	Yes	No	-2.4%	19.2%	12.2%	11.1%	8.5%	2.6%	5.2%	14 of 20	-0.5
1021	Nonferrous metal ores	Yes	No	-0.7%	8.7%	21.6%	16.0%	12.9%	3.7%	11.4%	15 of 20	-0.1
1022	Primary nonferrous metals	Yes	No	-12.0%	24.1%	17.4%	13.4%	7.9%	2.5%	5.1%	12 of 20	-2.4
1023	Nonferrous scrap	Yes	No	-5.9%	13.2%	23.1%	12.9%	10.1%	2.8%	7.0%	14 of 20	-0.8
1024	Secondary nonferrous metals	Yes	No	1.5%	18.2%	12.3%	11.0%	8.1%	2.4%	5.5%	13 of 20	0.3
1025	Nonferrous mill shapes	Yes	No	-4.3%	26.1%	3.3%	8.5%	7.5%	2.6%	3.5%	12 of 20	-1.2
1026	Nonferrous wire and cable	Yes	No	1.1%	30.3%	8.0%	11.4%	8.2%	2.3%	4.6%	12 of 20	0.2
1027	Nonferrous forge shop products	No	No	7.8%	7.4%	1.0%	3.5%	2.3%	0.6%	1.0%	9 of 19	8.2
1028	Nonferrous foundry shop products	Yes	Yes	11.4%	12.9%	2.7%	4.2%	3.4%	1.5%	2.7%	15 of 20	4.3
103	Metal containers	Yes	Yes	16.6%	21.6%	0.7%	6.9%	6.4%	2.7%	3.2%	14 of 20	5.2
1031	Metal cans and can components	Yes	Yes	21.2%	15.3%	0.1%	4.9%	4.9%	1.8%	2.6%	14 of 19	8.2
1032	Barrels, drums, pails and other metal containers	Yes	No	3.1%	45.3%	3.3%	13.8%	11.8%	6.3%	5.8%	16 of 20	0.5
104	Hardware	Yes	Yes	4.9%	17.5%	1.8%	6.6%	5.0%	2.9%	2.8%	18 of 20	1.8
1041	Hardware, n.e.c.	Yes	Yes	3.6%	25.8%	1.4%	8.7%	6.3%	3.5%	3.2%	19 of 20	1.1
1042	Hand and edge tools	Yes	Yes	7.4%	4.7%	2.5%	3.2%	2.8%	1.9%	2.1%	19 of 20	3.6
105	Plumbing fixtures and fittings	Yes	Yes	8.5%	5.4%	1.9%	3.5%	3.4%	2.5%	2.7%	20 of 20	3.2
1054	Plumbing fixture fittings and trim	Yes	Yes	9.6%	4.3%	1.9%	3.3%	3.7%	2.5%	2.8%	20 of 20	3.4
1056	Enameled iron & metal sanitary ware	Yes	Yes	8.5%	8.4%	2.9%	4.9%	3.6%	2.9%	3.4%	16 of 19	2.5
106	Heating equipment	Yes	Yes	9.8%	21.3%	0.4%	8.3%	6.4%	4.1%	4.0%	20 of 20	2.4
1061	Steam and hot water equipment	Yes	Yes	12.7%	15.0%	1.2%	6.0%	4.7%	3.2%	4.0%	19 of 20	3.2
1062	Furnaces and heaters, including parts	Yes	Yes	18.7%	12.2%	1.6%	7.0%	5.4%	3.3%	2.7%	17 of 20	6.9
1063	Other heating equipment, non-electric, including parts	Yes	Yes	14.1%	17.4%	0.9%	7.2%	5.5%	3.7%	3.2%	20 of 20	4.4
1064	Domestic heating stoves	Yes	Yes	5.6%	10.1%	1.4%	4.6%	3.9%	2.9%	3.0%	17 of 20	1.9
1066	Domestic water heaters	Yes	No	-3.2%	43.3%	-2.4%	12.7%	9.6%	6.2%	7.0%	15 of 20	-0.5
107	Fabricated structural metal products	Yes	Yes	6.6%	41.6%	2.2%	13.0%	9.7%	4.9%	4.5%	17 of 20	1.5
1071	Metal doors, sash, and trim	Yes	Yes	10.2%	38.6%	2.9%	13.2%	10.1%	5.6%	4.3%	18 of 20	2.4
1072	Metal tanks	Yes	Yes	10.8%	34.8%	4.5%	13.4%	8.0%	4.3%	4.0%	14 of 20	2.7
1073	Sheet metal products	Yes	Yes	6.9%	36.9%	-0.3%	10.7%	8.2%	3.7%	3.7%	14 of 20	1.9
1074	Structural, architectural, and pre-engineered metal products	Yes	Yes	5.9%	50.6%	0.9%	14.6%	11.1%	5.3%	4.8%	16 of 20	1.2
1075	Heat exchangers and steam condensers	Yes	Yes	11.6%	15.5%	1.1%	6.4%	5.2%	3.4%	3.9%	18 of 20	3.0
1076	Fabricated steel plate	Yes	Yes	6.2%	33.3%	7.1%	12.4%	8.0%	4.1%	3.9%	15 of 20	1.6
1079	Prefabricated metal buildings	Yes	No	-2.6%	40.7%	12.2%	14.3%	11.4%	6.4%	6.7%	14 of 20	-0.4
108	Miscellaneous metal products	Yes	Yes	8.1%	14.0%	0.7%	5.1%	4.3%	2.1%	2.4%	17 of 20	3.4
1081	Bolts, nuts, screws, rivets, and washers	Yes	Yes	15.0%	16.6%	4.4%	8.5%	6.0%	3.3%	3.5%	17 of 20	4.3
1083	Lighting fixtures	Yes	Yes	6.8%	7.4%	1.7%	3.9%	3.7%	2.3%	2.0%	20 of 20	3.4
1086	Ordnance and ordnance accessories, n.e.c.	Yes	Yes	4.9%	19.6%	0.0%	3.0%	2.2%	0.1%	1.8%	10 of 19	2.8
1088	Fabricated ferrous wire products	Yes	Yes	13.9%	29.9%	1.2%	8.7%	8.6%	4.2%	4.8%	16 of 20	2.9
1089	Other miscellaneous metal products	Yes	Yes	6.8%	13.0%	0.1%	4.5%	3.8%	1.7%	2.0%	15 of 20	3.4
11	Machinery and equipment	Yes	Yes	8.8%	7.1%	1.0%	3.2%	2.6%	1.5%	1.2%	16 of 20	7.6
111	Agricultural machinery and equipment	Yes	Yes	12.6%	14.6%	1.0%	5.8%	4.3%	2.8%	2.9%	20 of 20	4.3
1114	Agricultural machinery and equipment	Yes	Yes	12.6%	14.7%	1.0%	5.8%	4.3%	2.8%		20 of 20	4.6
112	Construction machinery and equipment	Yes	Yes	8.7%	10.1%	1.2%	4.4%	3.5%	2.6%	2.8%	20 of 20	3.0
112A	Tractors and attachments, ex. parts	Yes	Yes	5.1%	9.7%	1.0%	4.7%	3.7%	2.6%	2.7%	19 of 20	1.9
112B	Power cranes, draglines, & shovels (excavators) (incl. surface mining equipment) (excl. parts)	Yes	Yes	11.1%	8.5%	0.9%	3.7%	2.9%	1.9%	2.5%	19 of 20	4.4
112C	Mixers, pavers, and related equipment (excluding parts)	Yes	Yes	15.6%	13.5%	2.4%	6.3%	5.4%	3.7%	2.9%	17 of 20	5.3
112D	Off-highway, equipment, ex. parts	Yes	Yes	10.3%	7.0%	1.7%	3.5%	2.6%	2.8%	2.9%	20 of 20	3.6
112J	Misc. construction machinery and equipment	Yes	Yes	8.4%	12.1%	1.8%	4.9%	3.8%	3.2%		16 of 17	2.7
112K	Parts for construction machinery and equipment, sold separately	Yes	Yes	11.9%	10.7%	0.7%	4.1%	3.7%			9 of 9	3.2
113	Metalworking machinery and equipment	Yes	Yes	7.6%	7.3%	0.7%	3.1%	2.7%	1.9%	1.8%	19 of 20	4.3
1132	Power-driven handtools, including parts and attachments	Yes	Yes	6.1%	9.9%	2.4%	4.6%	3.3%	2.6%	1.7%	18 of 20	3.6
1133	Welding machines and equipment	Yes	Yes	7.1%	13.5%	1.2%	5.3%	4.9%	3.3%	3.7%	19 of 20	1.9
1134	Industrial process furnaces and ovens	Yes	Yes	11.0%	8.2%	2.3%	4.3%	3.3%	2.3%	2.1%	19 of 20	5.2
1135	Cutting tools and accessories	Yes	Yes	5.0%	4.1%	0.9%	2.1%	2.0%	1.4%	1.8%	20 of 20	2.8
1136	Abrasive products	Yes	Yes	9.5%	11.3%	2.4%	5.4%	4.1%	2.8%	2.7%	20 of 20	3.5
1137	Metal cutting machine tools	Yes	Yes	3.3%	4.9%	1.9%	2.7%	1.9%	1.8%	1.8%	18 of 20	1.9
1138	Metal forming machine tools	Yes	Yes	5.2%	3.6%	1.8%	3.2%	2.5%	2.0%	2.1%	18 of 20	2.5
1139	Tools, dies, jigs, fixtures & ind. molds	Yes	Yes	7.7%	6.3%	-1.5%	1.6%	1.7%	1.0%	0.7%	14 of 20	10.5
114	General purpose machinery and equipment	Yes	Yes	13.1%	10.1%	1.8%	4.6%	4.0%	2.8%	3.0%	20 of 20	4.3
1141	Pumps, compressors, and equipment	Yes	Yes	16.0%	7.6%	0.7%	3.1%	3.2%	2.6%	3.1%	20 of 20	5.2
1142	Elevators, escalators, and other lifts	Yes	Yes	5.0%	16.7%	0.9%	7.1%	5.3%	3.4%	2.4%	16 of 20	2.1
1143	Fluid power equipment	Yes	Yes	11.4%	8.7%	1.1%	4.0%	3.3%	2.4%	3.0%	20 of 20	3.7
1144	Industrial material handling equipment	Yes	Yes	9.5%	14.4%	1.7%	5.6%	4.6%	3.4%	3.3%	19 of 20	2.9
1145	Mechanical power transmission equipment	Yes	Yes	14.6%	8.0%	1.7%	3.8%	3.4%	2.3%	3.1%	18 of 20	4.7
1146	Scales and balances	Yes	Yes	9.5%	11.9%	1.1%	4.8%	5.3%	3.9%	2.9%	20 of 20	3.2
1147	Air purification equipment and industrial and commercial fans and blowers	Yes	Yes	10.3%	9.6%	1.8%	4.9%	4.0%	2.9%	2.8%	19 of 20	3.6
1148	Air conditioning and refrigeration equip	Yes	Yes	18.3%	14.7%	2.6%	6.7%	5.4%	3.3%	2.8%	19 of 20	6.5
1149	Miscellaneous general purpose equipment	Yes	Yes	10.7%	6.9%	2.4%	4.0%	3.6%	2.6%	3.2%	20 of 20	3.3
115	Electronic computers and computer equipment	No	No	3.7%	4.3%	-3.4%	-0.9%	-1.0%	-2.4%	-5.1%	2 of 20	-0.7
1151	Electronic computers	No	No	-1.0%	15.7%	-5.8%	-0.8%	-2.6%	-4.2%	-11.0%	2 of 20	0.1
1152	Computer storage devices	No	No	4.2%	3.1%	-3.7%	1.5%	0.4%	-0.4%	-8.0%	5 of 20	-0.5
1154	Computer peripheral equipment and parts	No	No	6.2%	-1.2%	-1.6%	-2.8%	-0.6%	-1.1%	-1.0%	7 of 20	-6.5
116	Special industry machinery and equipment	Yes	Yes	10.6%	11.6%	2.1%	5.1%	3.7%	2.3%	2.0%	19 of 20	5.4
1161	Food products machinery	Yes	Yes	10.0%	7.1%	2.7%	4.0%	3.5%	2.9%	3.0%	20 of 20	3.4
1162	Textile machinery and equipment	Yes	Yes	5.7%	1.0%	1.0%	0.7%	0.5%	0.5%	0.5%	14 of 20	12.1
1163	Sawmill and woodworking machinery	Yes	Yes	10.4%	9.5%	2.3%	3.9%	4.9%	4.2%	3.0%	18 of 20	3.5
1164	Paper industries machinery	Yes	Yes	8.8%	5.6%	0.4%	2.8%	2.0%	1.8%	1.9%	20 of 20	4.7
1165	Printing trades machinery and equipment	Yes	Yes	1.4%	7.0%	-0.6%	2.1%	1.5%	1.1%	1.0%	14 of 20	1.4
1166	Other special industry machinery	Yes	Yes	11.2%	16.5%	4.0%	7.6%	5.0%	2.5%	1.6%	16 of 20	7.1
1167	Packing, packaging, and bottling machinery and parts	Yes	Yes	9.7%	10.0%	-1.7%	3.0%	2.8%	2.6%	2.6%	19 of 20	3.7
1168	Service industry machinery and parts	Yes	Yes	11.5%	8.9%	1.6%	3.8%	2.9%	2.4%	2.5%	20 of 20	4.5
1169	Commercial laundry and drycleaning machinery products	Yes	Yes	16.1%	5.7%	0.4%	3.1%	2.8%	2.2%	2.8%	20 of 20	5.8
117	Electrical machinery and equipment	Yes	Yes	6.8%	5.2%	0.6%	2.3%	1.9%	0.9%	0.3%	11 of 20	23.1
1171	Wiring devices	Yes	Yes	11.0%	24.8%	6.0%	10.5%	6.8%	3.7%	3.7%	17 of 20	2.9
1172	Integrating and measuring instruments	Yes	Yes	3.9%	-0.2%	-0.1%	0.2%	-0.1%	0.4%	0.7%	14 of 20	5.4
1173	Motors, generators, motor generator sets	Yes	Yes	10.7%	12.1%	0.1%	4.4%	3.6%	1.9%	2.7%	17 of 20	3.9
1174	Transformers and power regulators	Yes	Yes	17.6%	36.2%	0.8%	12.1%	9.1%	3.6%	4.6%	15 of 20	3.9
1175	Switchgear, switchboard, industrial controls equipment	Yes	Yes	17.5%	9.8%	1.8%	4.6%	3.5%	2.1%	2.6%	18 of 20	6.8
1176	Communications and related equipment and miscellaneous electronic systems & equipment	Yes	Yes	4.6%	3.6%	2.6%	3.3%	2.6%	1.6%	0.6%	15 of 20	7.2
1177	Electric lamp bulbs, tubes, and components	No	No	7.3%	3.6%	-0.1%	-8.8%	-4.3%	-3.6%	-1.5%	9 of 20	-4.9
1178	Electronic components and accessories	No	No	4.4%	2.1%	-2.6%	0.2%	-0.4%	-0.8%	-1.8%	5 of 20	-2.5
1179	Miscellaneous electrical machinery and equipment	Yes	Yes	6.9%	2.3%	0.6%	0.2%	1.9%	0.8%	0.6%	13 of 20	11.1
118	Miscellaneous instruments	Yes	Yes	9.3%	3.5%	1.3%	2.3%	2.1%	1.8%	1.8%	20 of 20	5.3
1181	Automatic environmental controls for monitoring residential, commercial, and appliance use	Yes	Yes	4.9%	7.6%	-1.5%	3.3%	3.2%	1.9%	1.5%	17 of 20	3.2
1182	Industrial process control instruments	Yes	Yes	12.9%	2.9%	3.2%	2.1%	1.7%	1.7%	2.2%	20 of 20	5.8
1184	Fluid meters and counting devices	Yes	Yes	12.7%	5.7%	0.5%	2.9%	2.9%	2.9%	2.6%	20 of 20	4.8
1185	Engineering and scientific instruments	Yes	Yes	4.9%	5.2%	2.6%	3.5%	3.2%	2.6%	2.4%	20 of 20	2.0
1186	Measuring instruments and lenses	Yes	Yes	6.4%	2.2%	0.9%	1.7%	1.6%	1.3%	1.2%	19 of 20	5.4
1189	Measuring & controlling devices, n.e.c.	Yes	Yes	12.9%	2.7%	0.4%	2.0%	1.7%	1.4%	1.1%	16 of 20	12.0
119	Miscellaneous machinery	Yes	Yes	6.5%	4.1%	0.8%	2.1%	1.8%	1.1%	1.8%	17 of 20	3.6
1191	Oil field and gas field machinery	Yes	Yes	9.7%	3.2%	-0.2%	1.2%	1.0%	0.8%	2.6%	15 of 20	3.8
1192	Mining machinery and equipment	Yes	Yes	11.4%	14.3%	2.3%	6.9%	5.9%	4.1%	4.4%	20 of 20	2.6
1193	Office and store machines and equipment	No	No	0.7%	2.5%	-1.1%	0.7%	0.1%	0.0%	0.5%	12 of 20	1.6
1194	Internal combustion engines	Yes	Yes	6.9%	2.0%	1.1%	1.3%	1.3%	0.5%	1.0%	16 of 20	7.1
1195	Machine shop products	Yes	Yes	4.9%	4.9%	0.1%	2.1%	2.1%	1.3%	1.9%	19 of 20	2.6
1197	Turbines and turbine generator sets	Yes	Yes	2.2%	3.4%	3.5%	3.5%		1.2%	2.2%	14 of 19	1.0
1198	Parts & accesories for turbines, turbine generators, and turbine generator sets	Yes	Yes	18.6%	1.4%	0.2%	0.8%	0.2%			5 of 7	81.9
12	Furniture and household durables	Yes	Yes	7.4%	10.9%	1.6%	4.7%	3.9%	2.4%	2.1%	20 of 20	3.6
121	Household furniture	Yes	Yes	6.7%	13.3%	0.9%	5.4%	4.3%	2.7%	2.5%	19 of 20	2.7
1211	Metal household furniture	Yes	No	-2.3%	26.6%	-7.5%	11.5%	6.5%	4.2%	2.9%	13 of 20	-0.8
1212	Wood household furniture	Yes	Yes	6.5%	12.0%	1.5%	5.0%	3.4%	2.6%	2.4%	20 of 20	2.7
1213	Upholstered household furniture	Yes	Yes	9.9%	16.1%	1.1%	5.8%	4.3%	2.7%	2.3%	19 of 20	4.3
1214	Bedding	Yes	Yes	4.6%	9.3%	2.2%	4.1%	4.9%	2.7%	2.6%	14 of 20	1.8
1215	Metal porch, lawn, outdoor & casual furniture	Yes	Yes	19.5%	9.3%	2.6%	5.0%	3.8%	3.5%	3.6%	17 of 20	5.4
1216	Nonupholstered household furniture, except wood and metal	Yes	Yes	6.7%	2.0%	0.4%	0.2%	0.2%	0.5%	1.4%	11 of 19	4.8
122	Commercial furniture	Yes	Yes	12.5%	12.5%	1.9%	5.5%	4.8%	2.9%	2.7%	18 of 20	4.7
1221	Wood office furniture and store fixtures	Yes	Yes	11.7%	10.7%	0.6%	4.6%	3.7%	2.6%	2.0%	20 of 20	5.7
1222	Nonwood furniture and store fixtures	Yes	Yes	12.4%	13.1%	3.0%	5.8%	5.6%	3.0%	2.9%	17 of 20	4.3
1223	Public building furniture	Yes	Yes	17.4%	13.5%	1.4%	6.2%	5.0%	3.2%	3.1%	19 of 20	5.6
1224	Commercial furniture and fixtures, n.e.c.	Yes	Yes	11.2%	15.8%	2.4%	7.7%	4.6%	3.4%	2.8%	18 of 20	4.1
123	Floor coverings	Yes	No	-0.2%	7.4%	0.3%	2.5%	2.8%	1.7%	2.5%	15 of 20	-0.1
1231	Carpets and rugs	Yes	No	-0.9%	8.7%	0.1%	2.7%	3.0%	1.9%	2.6%	15 of 20	-0.4
1232	Resilient floor coverings	Yes	Yes	4.0%	1.2%	1.2%	1.2%		1.1%	2.6%	14 of 16	1.6
124	Household appliances	Yes	Yes	6.4%	8.3%	1.9%	4.4%	3.7%	1.9%	1.3%	13 of 20	4.9
1241	Major appliances	Yes	Yes	5.8%	8.5%	2.5%	4.6%	3.9%	2.0%	1.4%	14 of 20	4.2
1243	Household vacuum cleaners, including parts and attachments	Yes	Yes	9.1%	#VALUE!	#VALUE!		1.7%	0.7%	0.1%	9 of 17	126.6
1244	Electric housewares and fans	Yes	Yes	8.7%	7.4%	-0.3%	3.0%	2.6%	0.8%	1.0%	15 of 20	8.4
1245	Portable residential lighting fixtures, including parts and accessories	Yes	Yes	8.3%	9.8%	4.6%	7.5%	5.3%	3.2%	2.8%	16 of 20	2.9
125	Home electronic equipment	No	No	7.0%	8.8%	0.8%	3.9%	2.3%	1.0%	-0.9%	9 of 20	-7.4
1257	Speakers and commercial sound equipment	Yes	Yes	7.2%	10.1%	1.5%	4.3%	2.0%	1.4%		14 of 19	5.1
1258	Other home electronic equipment	Yes	Yes	6.7%	7.2%	0.3%	3.5%	2.3%	0.7%		11 of 18	10.2
126	Other household durable goods	Yes	Yes	5.0%	9.8%	2.6%	4.5%	3.2%	2.1%	1.8%	20 of 20	2.8
1261	Vitreous china, fine earthenware, and other pottery products	Yes	Yes	4.7%	9.4%	3.8%	4.9%	4.2%	3.0%	2.4%	20 of 20	1.9
1266	Lawn/garden equipment	Yes	Yes	8.4%	5.3%	0.7%	2.5%	2.1%	1.2%	1.0%	15 of 20	8.7
1267	Cutlery, flatware (except precious), razors and razor blades	Yes	Yes	7.2%	5.6%	2.0%	2.6%	1.2%	1.4%	1.9%	18 of 20	3.8
1268	Metal kitchen utensil, pots, and pans	Yes	Yes	7.4%	11.1%	0.2%	4.6%	4.0%	2.4%	2.4%	18 of 20	3.1
1269	Window shades, blinds, and accessories	Yes	Yes	32.0%	11.1%	2.2%	5.3%	3.3%	2.5%	2.1%	16 of 20	15.6
13	Nonmetallic mineral products	Yes	Yes	13.0%	7.8%	2.1%	3.8%	3.5%	3.0%	3.3%	19 of 20	3.9
131	Glass	Yes	Yes	9.7%	6.5%	3.3%	3.7%	3.0%	2.8%	1.5%	15 of 20	6.3
1311	Flat glass	Yes	Yes	11.3%	7.1%	3.9%	4.0%	2.9%	3.0%	1.6%	15 of 20	7.1
1313	Other finished glassware	Yes	Yes	5.0%	4.5%	1.7%	2.8%	3.3%	2.2%	1.4%	16 of 20	3.5
132	Concrete ingredients and related products	Yes	Yes	12.1%	4.1%	3.8%	3.7%	3.7%	3.6%	3.8%	19 of 20	3.2
1321	Construction sand, gravel, and crushed stone	Yes	Yes	11.9%	4.1%	4.4%	4.1%	3.9%	3.6%	4.1%	20 of 20	2.9
1322	Cement, hydraulic	Yes	Yes	12.9%	4.2%	1.9%	2.7%	3.1%	3.7%	3.0%	17 of 20	4.2
133	Concrete products	Yes	Yes	13.7%	8.4%	2.7%	4.6%	4.0%	3.6%	3.5%	18 of 20	3.9
1331	Concrete block and brick	Yes	Yes	14.3%	5.1%	3.2%	3.8%	3.5%	2.8%	3.0%	18 of 20	4.8
1332	Concrete pipe	Yes	Yes	17.9%	11.2%	4.0%	6.9%	4.4%	3.5%	3.1%	16 of 20	5.7
1333	Ready-mix concrete	Yes	Yes	11.5%	7.4%	2.3%	4.0%	3.6%	3.6%	3.6%	18 of 20	3.2
1334	Precast concrete products	Yes	Yes	12.3%	10.0%	4.7%	5.7%	5.3%	3.9%	3.7%	19 of 20	3.4
1335	Prestressed concrete products	Yes	Yes	31.5%	14.5%	-0.6%	5.2%	4.4%	3.8%	3.1%	13 of 19	10.3
134	Clay construction products ex. refractories	Yes	Yes	9.5%	5.4%	2.0%	2.9%	1.9%	1.5%	1.3%	16 of 20	7.2
1342	Brick and structural clay tile	Yes	Yes	14.0%	6.3%	3.2%	3.8%	2.8%	1.7%	1.7%	16 of 20	8.3
1344	Clay floor and wall tile, glazed and unglazed	Yes	Yes	4.6%	4.4%	0.6%	1.9%	0.3%	1.1%	0.1%	16 of 20	60.6
1345	Structural clay products, n.e.c.	Yes	Yes	7.9%	5.8%	3.1%	3.6%	4.1%	3.3%	3.5%	19 of 20	2.2
135	Refractories	Yes	Yes	10.4%	7.2%	0.5%	4.3%	3.8%	2.7%	3.5%	18 of 20	3.0
1352	Clay refractories	Yes	No	2.7%	13.3%	2.6%	6.0%	4.4%	3.1%	4.3%	18 of 20	0.6
1353	Nonclay refractories	Yes	Yes	16.6%	2.7%	-1.1%	2.9%	3.3%	2.4%	2.8%	18 of 20	5.9
136	Asphalt felts and coatings	Yes	Yes	17.0%	11.7%	2.3%	4.2%	5.1%	1.9%	4.8%	12 of 20	3.5
1361	Prepared asphalt and tar roofing and siding products	Yes	Yes	18.0%	12.4%	2.6%	4.6%	5.2%	2.4%	5.0%	13 of 20	3.6
1362	Roofing asphalts, pitches, coatings, and cement	Yes	Yes	9.5%	6.8%	-0.5%	1.6%	3.9%	-1.4%	3.3%	13 of 20	2.9
137	Gypsum products	Yes	Yes	16.7%	20.2%	3.7%	6.1%	6.0%	6.9%	4.4%	15 of 20	3.8
1371	Gypsum products	Yes	Yes	16.7%	20.2%	3.7%	6.1%	6.0%	6.9%	4.4%	15 of 20	3.8
138	Glass containers	Yes	Yes	12.8%	6.8%	1.7%	3.7%	2.8%	2.1%	2.7%	20 of 20	4.7
1381	Glass containers	Yes	Yes	12.8%	6.8%	1.7%	3.7%	2.8%	2.1%	2.7%	20 of 20	4.7
139	Other nonmetallic minerals	Yes	Yes	13.0%	8.4%	-0.5%	2.6%	2.5%	1.9%	3.3%	16 of 20	4.0
1392	Insulation materials	Yes	Yes	13.4%	17.2%	1.5%	4.9%	4.2%	3.9%	3.0%	17 of 20	4.5
1394	Paving mixtures and blocks	Yes	Yes	18.5%	8.8%	-3.7%	1.2%	2.7%	0.8%	4.6%	14 of 20	4.0
1395	Cut stone and stone products	Yes	Yes	13.7%	11.9%	3.5%	6.0%	4.3%	3.2%	1.8%	15 of 20	7.7
1398	Gaskets, packing, and sealing devices	Yes	Yes	7.6%	6.7%	1.7%	3.0%	2.4%	1.8%	2.1%	19 of 20	3.7
1399	Nonmetallic minerals and products, n.e.c.	Yes	Yes	9.8%	3.4%	-0.7%	1.5%	1.0%	2.0%	3.0%	18 of 20	3.2
14	Transportation equipment	Yes	Yes	4.3%	3.9%	0.9%	1.7%	1.5%	1.3%	1.4%	20 of 20	3.0
141	Motor vehicles and equipment	Yes	Yes	4.6%	4.6%	0.7%	1.7%	1.4%	1.3%	1.0%	17 of 20	4.5
1411	Motor vehicles	Yes	Yes	4.1%	2.7%	0.4%	1.1%	0.9%	1.3%	0.9%	17 of 20	4.7
1412	Motor vehicles parts	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
1413	Truck and bus bodies	Yes	Yes	15.9%	8.0%	1.3%	4.4%	3.6%	2.5%	2.7%	19 of 20	5.8
1414	Truck trailers	Yes	Yes	17.0%	27.1%	0.0%	9.3%	7.5%	4.2%	3.8%	17 of 20	4.5
1415	Motor homes, built on purchased chassis	Yes	Yes	2.8%	4.5%	3.2%	3.1%	2.6%	2.1%	1.5%	18 of 20	1.8
1416	Travel trailers and campers	Yes	Yes	7.9%	21.7%	3.9%	9.1%	7.0%	4.6%	3.6%	19 of 20	2.2
142	Aircraft and aircraft equipment	Yes	Yes	4.1%	1.6%	1.3%	1.4%	1.3%	1.4%	2.2%	19 of 20	1.8
1421	Aircraft	Yes	Yes	4.7%	1.5%	1.3%	1.4%	1.5%	1.4%	2.5%	19 of 20	1.9
1423	Aircraft engine and engine parts	Yes	Yes	3.9%	1.8%	1.1%	1.3%	1.1%	1.5%	2.5%	20 of 20	1.6
1425	Other aircraft parts and equipment	Yes	Yes	2.7%	1.6%	1.3%	1.5%	1.1%	1.3%	1.4%	17 of 20	1.9
143	Ships and boats	Yes	Yes	4.9%	5.2%	1.3%	3.2%	2.4%	1.8%	2.7%	20 of 20	1.9
1431	Ships	Yes	Yes	2.1%	4.0%	0.7%	2.5%	1.5%	0.8%	2.4%	17 of 20	0.9
1432	Boats	Yes	Yes	11.1%	7.7%	2.5%	4.8%	4.1%	3.2%	2.9%	20 of 20	3.9
144	Railroad equipment	Yes	No	-1.1%	5.1%	0.3%	2.2%	1.3%	1.2%	2.4%	15 of 20	-0.5
149	Transportation equipment, n.e.c.	Yes	Yes	5.2%	10.2%	0.5%	3.7%	3.3%	2.0%	1.7%	17 of 20	3.1
1491	Transportation equipment, n.e.c.	Yes	Yes	5.2%	10.2%	0.5%	3.7%	3.3%	2.0%	1.7%	17 of 20	3.1
15	Miscellaneous products	Yes	Yes	8.6%	6.3%	2.8%	4.3%	3.6%	2.7%	2.5%	19 of 20	3.4
151	Toys, sporting goods, small arms, etc.	Yes	Yes	9.5%	9.7%	0.3%	4.8%	2.9%	2.0%	1.7%	16 of 20	5.7
1511	Toys, games, and children's vehicles	Yes	Yes	4.5%	6.0%	1.7%	2.7%	1.9%	1.6%	1.6%	17 of 20	2.8
1512	Sporting and athletic goods	Yes	Yes	15.0%	15.1%	-0.7%	7.4%	4.1%	2.4%	1.5%	14 of 20	9.8
1513	Small arms and ammunition	Yes	Yes	2.2%	3.2%	1.4%	1.8%	1.5%	1.6%	2.7%	18 of 20	0.8
152	Tobacco products, incl. stemmed & redried	Yes	Yes	11.2%	7.7%	6.4%	6.8%	6.3%	5.5%	4.3%	18 of 20	2.6
1521	Cigarettes, excluding electronic	Yes	Yes	11.9%	8.4%	6.7%	7.3%	6.7%	5.8%	4.5%	19 of 20	2.7
1524	Stemmed and redried tobacco	Yes	Yes	3.3%	0.6%	1.1%	0.5%	1.1%	0.3%	0.1%	11 of 20	24.0
1525	Other tobacco products	Yes	Yes	7.9%	5.1%	5.9%	5.0%	4.4%	4.4%		16 of 17	1.8
153	Notions	Yes	Yes	6.4%	12.6%	0.6%	4.8%	3.6%	2.2%	3.1%	18 of 20	2.0
1532	Fasteners, zippers, buttons, needles, pins, and buckles	Yes	Yes	6.4%	12.6%	0.6%	4.8%	3.3%	2.4%	3.3%	18 of 20	1.9
154	Photographic equipment and supplies	Yes	Yes	7.7%	7.2%	-0.1%	4.7%	3.4%	2.0%	1.5%	13 of 20	5.2
1541	Photographic and photocopying equipment	Yes	Yes	7.7%	7.0%	5.0%	4.4%	3.0%	1.6%	1.3%	15 of 20	6.1
1542	Photographic supplies	Yes	Yes	8.8%	7.3%	-1.8%	4.8%	3.4%	2.1%	1.5%	13 of 20	5.9
155	Mobile homes	Yes	Yes	6.8%	30.1%	8.6%	15.4%	11.0%	6.8%	5.2%	20 of 20	1.3
1553	Manufactured homes (mobile homes), all sizes (incl. multisection)	Yes	Yes	6.8%	30.1%	8.6%	15.4%	11.0%	6.8%	5.2%	20 of 20	1.3
156	Medical, surgical & personal aid devices	Yes	Yes	4.0%	1.3%	1.1%	1.3%	1.2%	1.0%	1.1%	20 of 20	3.5
1562	Surgical and medical instruments	Yes	Yes	3.6%	0.5%	1.1%	0.4%	0.4%	0.5%	0.6%	14 of 20	6.3
1563	Medical and surgical appliances and supplies	Yes	Yes	4.5%	2.9%	0.4%	1.7%	1.4%	0.9%	1.1%	18 of 20	4.0
1564	Ophthalmic goods	Yes	Yes	4.7%	2.8%	1.5%	1.9%	2.1%	1.3%	1.4%	17 of 20	3.3
1565	Dental equipment and supplies	Yes	Yes	3.3%	-1.4%	5.2%	5.1%	4.6%	3.5%	4.2%	20 of 20	0.8
157	Other industrial safety equipment	Yes	Yes	11.4%	7.0%	2.9%	3.0%	2.0%	2.1%	1.8%	18 of 20	6.3
1571	Personal safety equipment and clothing	Yes	Yes	11.4%	7.0%	2.9%	3.0%	2.0%	2.1%	1.8%	18 of 20	6.3
159	Other miscellaneous products	Yes	Yes	13.2%	8.7%	2.1%	5.4%	4.0%	2.2%	2.3%	18 of 20	5.8
1591	Burial caskets	Yes	Yes	6.7%	11.0%	-0.5%	5.4%	4.4%	3.9%	4.6%	19 of 20	1.5
1593	Musical instruments	Yes	Yes	7.6%	7.5%	1.1%	3.0%	3.0%	2.6%	2.2%	18 of 20	3.4
1594	Jewelry and jewelry products	Yes	Yes	8.3%	2.0%	6.7%	3.8%	2.4%	1.1%	3.1%	15 of 20	2.7
1595	Pens, pencils, and marking devices	Yes	Yes	7.1%	5.1%	0.7%	2.5%	2.0%	1.9%	1.4%	20 of 20	4.9
1597	Brooms and brushes	Yes	Yes	6.2%	4.2%	0.2%	2.4%	1.8%	1.4%	1.7%	19 of 20	3.6
159A	Miscellaneous products, n.e.c.	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
159D	Reproduction of audio and video media and software	Yes	Yes	18.3%	8.6%	0.5%					3 of 3

2022 Top LIFO Election Candidates by NAICS/IRS PBA Industry Code

Download 2022 Good LIFO Election Candidates List Here: 2022 Good LIFO Election Candidates List

NAICS PBA Code	NAICS PBA Ind. Desc.	Good Candidate	'22 Election Candidate	11M 11/22 (YTD)	12M 12/21	12M 12/20	3Y Avg.	5Y Avg.	10Y Avg.	20Y Avg.	Infl. Freq. 02 - 21	YTD vs. 20Y Avg. Infl Mult.
311110	Animal food mfg.	Yes	Yes	20.7%	6.3%	10.4%	6.0%	3.8%	1.8%	3.8%	14 of 20	5.5
311111	Dog and cat food manufacturing	Yes	Yes	13.9%	7.6%	0.7%	3.8%	2.7%	2.3%	3.2%	19 of 20	4.4
311119	Other animal food manufacturing	Yes	Yes	20.7%	6.3%	10.4%	6.0%	3.8%	1.8%	3.8%	14 of 20	5.5
311200	Grain & oilseed milling	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
311211	Flour milling	Yes	Yes	17.7%	19.9%	1.3%	6.7%	4.5%	1.7%	3.5%	14 of 20	5.1
311212	Rice milling	Yes	Yes	14.7%	6.7%	5.4%	5.9%	2.9%	0.6%	4.6%	13 of 20	3.2
311213	Malt manufacturing	No	No	11.5%	2.7%	-1.3%	0.9%	-0.8%	0.7%	2.0%	10 of 20	5.8
311221	Wet corn milling	Yes	Yes	50.7%	6.0%	17.6%	6.2%	5.6%	0.3%	4.0%	11 of 19	12.7
311224	Soybean and other oilseed processing	Yes	Yes	9.1%	60.0%	15.2%	21.4%	11.2%	4.5%		11 of 18	2.0
311225	Fats and oils refining and blending	Yes	Yes	9.1%	60.0%	15.2%	21.4%	11.2%	4.5%		11 of 18	2.0
311230	Breakfast cereal manufacturing	Yes	Yes	12.7%	10.0%	0.1%	3.4%	2.6%	1.1%	2.5%	15 of 20	5.1
311300	Sugar & confectionery product mfg.	Yes	Yes	9.1%	3.1%	-1.4%	1.7%	1.2%	0.5%	2.6%	16 of 20	3.5
311313	Beet sugar manufacturing	Yes	No	9.5%	5.6%	3.6%	4.6%	5.0%	-1.5%		13 of 20	-6.5
311314	Cane sugar manufacturing	Yes	Yes	6.3%	6.1%	5.8%	5.4%	3.5%	0.8%		16 of 20	8.3
311340	Nonchocolate confectionery manufacturing	Yes	Yes	11.5%	3.2%	2.3%	2.4%	2.4%	1.4%	2.4%	19 of 20	4.9
311351	Chocolate and confectionery mfg. from cacao	Yes	Yes	17.8%	5.4%	-4.4%	2.7%	2.1%	-0.1%	2.6%	15 of 20	7.0
311352	Confectionery mfg. from purchased chocolate	Yes	Yes	9.7%	-3.0%	-0.9%	0.0%	0.4%	0.9%	2.5%	19 of 20	3.9
311400	Fruit & vegetable preserving & speciality food mfg.	Yes	Yes	17.7%	4.5%	3.8%	2.4%	2.4%	1.7%	2.7%	17 of 20	6.5
311411	Frozen fruit and vegetable manufacturing	Yes	No	-2.3%	21.4%	8.0%	3.4%	3.9%	2.1%	3.6%	12 of 20	-0.6
311412	Frozen specialty food manufacturing	Yes	Yes	17.1%	3.4%	0.6%	1.2%	0.5%	0.6%	1.4%	14 of 20	12.6
311421	Fruit and vegetable canning	Yes	Yes	14.8%	4.3%	4.4%	1.9%	0.8%	1.8%	2.6%	16 of 20	5.8
311422	Specialty canning	Yes	Yes	22.8%	7.2%	-0.3%	2.8%	2.3%	1.8%	2.1%	17 of 20	11.0
311423	Dried and dehydrated food manufacturing	Yes	Yes	11.5%	0.1%	5.5%	1.0%	2.0%	2.1%		16 of 19	5.4
311500	Dairy product mfg.	Yes	Yes	13.9%	7.6%	-3.0%	4.0%	1.9%	1.0%	2.2%	12 of 20	6.3
311511	Fluid milk manufacturing	Yes	Yes	16.6%	6.6%	-0.9%	4.0%	2.5%	1.6%	2.7%	12 of 20	6.2
311512	Creamery butter manufacturing	Yes	Yes	44.6%	40.7%	-26.0%	-3.1%	-0.7%	2.3%	2.4%	11 of 20	18.8
311513	Cheese manufacturing	Yes	Yes	12.9%	2.0%	-5.1%	3.7%	0.4%	0.2%	1.8%	11 of 20	7.4
311514	Dry, condensed, and evaporated dairy products	Yes	Yes	2.8%	18.5%	4.1%	7.9%	4.7%	0.0%	1.9%	14 of 20	1.5
311520	Ice cream and frozen dessert manufacturing	Yes	Yes	13.5%	5.1%	-1.9%	2.0%	1.8%	1.4%	2.1%	18 of 20	6.5
311610	Animal slaughtering & processing	Yes	No	-0.4%	20.0%	2.7%	9.2%	4.8%	2.7%	3.3%	15 of 20	-0.1
311611	Animal, except poultry, slaughtering	Yes	No	-0.8%	14.9%	3.4%	7.9%	4.8%	2.3%	3.3%	16 of 20	-0.2
311612	Meat processed from carcasses	Yes	No	-0.8%	14.9%	3.4%	7.9%	4.8%	2.3%	3.3%	16 of 20	-0.2
311613	Rendering and meat byproduct processing	Yes	No	-0.8%	14.9%	3.4%	7.9%	4.8%	2.3%	3.3%	16 of 20	-0.2
311615	Poultry processing	Yes	Yes	4.5%	26.5%	2.2%	10.8%	3.9%	2.8%	2.6%	15 of 20	1.7
311710	Seafood product preparation & packaging	Yes	No	-11.0%	36.3%	-0.5%	13.1%	7.1%	5.2%	5.1%	13 of 20	-2.1
311800	Bakeries, tortilla & dry pasta mfg.	Yes	Yes	15.5%	9.2%	0.1%	3.2%	2.7%	1.5%	2.8%	16 of 20	5.6
311811	Retail bakeries	Yes	Yes	11.3%	10.5%	0.9%	4.7%	4.8%			8 of 8	2.4
311812	Commercial bakeries	Yes	Yes	14.1%	4.8%	-1.1%	1.4%	1.9%	1.6%	2.4%	19 of 20	5.9
311813	Frozen cakes and other pastries manufacturing	Yes	Yes	12.9%	3.0%	2.0%	2.2%	1.4%	1.6%	2.6%	18 of 20	4.9
311821	Cookie and cracker manufacturing	Yes	Yes	7.5%	1.4%	0.3%	0.7%	0.8%	0.5%	1.5%	16 of 20	5.0
311824	Dry pasta, dough, and flour mixes manufacturing from purchased flour	Yes	Yes	15.5%	9.2%	0.1%	3.2%	2.7%	1.5%	2.8%	16 of 20	5.6
311830	Tortilla manufacturing	Yes	Yes	19.6%	1.7%	1.0%	-2.8%	1.3%	1.3%	1.9%	16 of 20	10.6
311900	Other food mfg. (including coffee, tea, flavorings & seasonings)	Yes	Yes	13.3%	6.1%	2.2%	2.4%	2.9%	2.0%	2.5%	17 of 20	5.4
311911	Roasted nuts and peanut butter manufacturing	Yes	No	-1.1%	5.0%	-8.8%	-1.1%	-2.4%	1.0%	2.9%	12 of 20	-0.4
311919	Other snack food manufacturing	Yes	Yes	15.8%	6.8%	1.5%	2.9%	3.2%	1.2%	2.7%	17 of 20	6.0
311920	Coffee and tea manufacturing	Yes	Yes	20.9%	2.7%	0.6%	1.2%	0.8%	-1.6%	2.5%	14 of 20	8.5
311930	Flavoring syrup and concentrate manufacturing	Yes	Yes	19.3%	4.0%	4.1%	3.9%	2.8%	2.2%	1.5%	17 of 20	12.8
311941	Mayonnaise, dressing, and sauce manufacturing	Yes	Yes	13.9%	15.7%	0.1%	5.4%	3.4%	1.7%	2.9%	15 of 20	4.8
311942	Spice and extract manufacturing	Yes	Yes	4.8%	4.7%	1.2%	1.7%	3.0%	2.8%	3.1%	17 of 20	1.5
311991	Perishable prepared food manufacturing	Yes	Yes	19.6%	1.7%	1.0%	-2.8%	1.3%	1.3%	1.9%	16 of 20	10.6
311999	All other miscellaneous food manufacturing	Yes	Yes	13.3%	6.1%	2.2%	2.4%	2.9%	2.0%	2.5%	17 of 20	5.4
312000	Beverage & tobacco product mfg.	Yes	Yes	11.2%	7.7%	6.4%	6.8%	6.3%	5.5%	4.3%	18 of 20	2.6
312111	Soft drink manufacturing	Yes	Yes	13.5%	8.5%	2.9%	5.3%	3.9%	3.2%		11 of 11	4.3
312112	Bottled water manufacturing	Yes	Yes	17.1%	5.6%	3.6%	3.2%	1.0%	0.1%		10 of 19	160.8
312113	Ice manufacturing	Yes	Yes	23.4%	3.5%	-0.6%	2.3%	1.8%	1.4%	2.6%	17 of 20	9.0
312120	Breweries	Yes	Yes	6.6%	0.3%	0.7%	0.7%	0.8%	1.2%	2.1%	19 of 20	3.2
312130	Wineries	Yes	Yes	9.4%	2.9%	2.9%	2.2%	1.7%	1.2%	1.2%	17 of 20	7.7
312140	Distilleries	Yes	Yes	2.0%	-5.2%	3.3%	-1.5%	1.0%	0.1%	0.8%	14 of 20	2.4
312230	Tobacco manufacturing	Yes	Yes	11.2%	7.7%	6.4%	6.8%	6.3%	5.5%	4.3%	18 of 20	2.6
313000	Textile mills	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
313110	Fiber, yarn, and thread mills	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
313210	Broadwoven fabric mills	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
313220	Narrow fabric mills and schiffli embroidery	Yes	Yes	13.8%	13.5%	0.6%	4.8%	4.2%	3.8%	2.8%	19 of 20	4.9
313230	Nonwoven fabric mills	Yes	Yes	9.6%	14.5%	-2.3%	4.3%	3.2%	1.8%	1.8%	12 of 20	5.3
313240	Knit fabric mills	Yes	Yes	9.4%	10.0%	1.8%	5.1%	3.6%	2.0%	1.7%	17 of 20	5.5
313310	Textile and fabric finishing mills	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
313320	Fabric coating mills	Yes	Yes	15.1%	6.4%	1.3%	2.6%	2.5%	1.8%	2.1%	16 of 20	7.1
314000	Textile product mills	Yes	Yes	8.3%	15.4%	-0.2%	4.7%	3.8%	1.9%	1.8%	14 of 20	4.5
314110	Carpet and rug mills	Yes	No	-0.9%	8.7%	0.1%	2.7%	3.0%	1.9%	2.6%	15 of 20	-0.4
314120	Curtain and linen mills	Yes	No	0.6%	3.9%	0.1%	1.2%	1.0%	2.1%		15 of 17	0.3
314910	Textile bag and canvas mills	Yes	Yes	6.1%	11.8%	1.7%	5.3%	3.6%	2.5%	2.0%	17 of 20	3.0
314994	Rope, twine, tire cord, and tire fabric mills	Yes	No	3.4%	18.4%	5.6%	6.7%	3.9%			7 of 10	0.9
314999	All other miscellaneous textile product mills	Yes	Yes	6.1%	11.8%	1.7%	5.3%	3.6%	2.5%	2.0%	17 of 20	1.2
315000	Apparel mfg.	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
315110	Hosiery and sock mills	Yes	Yes	5.1%	1.7%	0.2%	0.8%	0.6%	0.7%	0.8%	15 of 19	6.2
315190	Other apparel knitting mills	Yes	Yes	4.6%	1.4%	0.2%	0.8%	0.6%	0.7%		15 of 19	6.2
315210	Cut and sew apparel contractors	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
315220	Men's and boys' cut and sew apparel manufacturing	Yes	Yes	11.3%	2.1%	0.6%	1.6%	1.4%	1.1%		14 of 19	10.6
315240	Women's, girls', and infants' cut and sew apparel manufacturing	Yes	Yes	0.4%	4.2%	-4.7%	-0.4%	0.8%	0.4%		13 of 19	1.0
315280	Other cut and sew apparel manufacturing	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
315990	Accessories and other apparel manufacturing	Yes	Yes	7.2%	6.7%	0.6%	3.3%	3.0%	2.2%	2.1%	18 of 20	3.5
316110	Leather & hide tanning & finishing	No	No	-1.0%	13.2%	-0.6%	2.6%	-3.0%	-2.3%	0.3%	11 of 20	-3.6
316210	Footwear manufacturing	Yes	Yes	3.3%	3.1%	1.1%	1.5%	1.0%	1.2%	0.9%	15 of 20	3.5
316990	Other leather & allied product mfg.	Yes	Yes	4.3%	3.0%	1.1%	1.8%	1.7%	2.1%	1.6%	20 of 20	2.6
316992	Women's handbag and purse manufacturing	Yes	No	0.0%	0.5%	1.2%	0.4%	1.9%	1.9%	2.0%	15 of 20	0.0
316998	All other leather and allied good mfg.	Yes	Yes	6.8%	5.6%	1.3%	2.8%	1.9%	3.3%	2.4%	19 of 20	2.8
321000	Wood product mfg.	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
321113	Sawmills	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
321114	Wood preservation	Yes	Yes	4.2%	3.9%	-4.3%	-0.5%	-0.2%	1.9%	2.4%	14 of 20	1.8
321211	Hardwood veneer and plywood manufacturing	Yes	Yes	9.5%	22.4%	0.6%	6.7%	6.2%	3.8%		13 of 16	2.5
321212	Softwood veneer and plywood manufacturing	Yes	No	2.0%	10.1%	52.7%	13.2%	11.3%	6.5%		9 of 16	0.3
321213	Engineered wood member manufacturing	Yes	No	4.7%	32.0%	30.7%	19.1%	16.4%	10.6%	5.7%	15 of 20	0.8
321214	Truss manufacturing	Yes	No	3.9%	21.5%	39.0%	18.9%	17.2%	11.6%		14 of 19	0.3
321219	Reconstituted wood product manufacturing	Yes	Yes	28.8%	15.5%	1.9%	6.1%	3.9%	3.6%	2.7%	17 of 20	10.6
321911	Wood window and door manufacturing	Yes	Yes	10.8%	13.7%	2.8%	5.9%	4.5%	3.5%	2.5%	19 of 20	4.3
321912	Cut stock, resawing lumber, and planing	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
321918	Other millwork, including flooring	Yes	Yes	6.3%	33.2%	1.2%	9.9%	5.3%	3.8%	2.3%	15 of 20	2.7
321920	Wood container and pallet manufacturing	Yes	Yes	5.7%	32.8%	2.6%	12.4%	9.9%	6.2%	3.9%	16 of 20	1.5
321991	Manufactured home, mobile home, manufacturing	Yes	Yes	6.8%	30.1%	8.6%	15.4%	11.0%	6.8%	5.2%	20 of 20	1.3
321992	Prefabricated wood building manufacturing	Yes	Yes	6.2%	25.6%	6.2%	10.6%	8.0%	5.3%	3.7%	17 of 20	1.7
321999	Miscellaneous wood product manufacturing	Yes	Yes	3.4%	3.0%	2.8%	2.1%	2.2%	1.7%		13 of 15	2.0
322000	Paper mfg.	Yes	Yes	8.2%	18.6%	1.6%	4.9%	4.2%	2.3%	2.8%	15 of 20	2.9
322110	Pulp mills	Yes	Yes	8.2%	18.6%	1.6%	4.9%	4.2%	2.3%	2.8%	15 of 20	2.9
322121	Paper, except newsprint, mills	Yes	Yes	8.3%	17.9%	-1.9%	4.4%	4.4%	1.8%	2.3%	12 of 20	3.6
322122	Newsprint mills	Yes	Yes	8.3%	17.9%	-1.9%	4.4%	4.4%	1.8%	2.3%	12 of 20	3.6
322130	Paperboard mills	Yes	Yes	11.0%	24.1%	0.7%	5.3%	6.0%	3.3%	3.4%	12 of 20	3.2
322211	Corrugated and solid fiber box manufacturing	Yes	Yes	9.3%	17.9%	1.2%	6.2%	5.6%	4.0%	4.3%	18 of 20	2.1
322212	Folding paperboard box manufacturing	Yes	Yes	15.0%	15.4%	0.0%	5.0%	4.2%	3.3%	2.9%	15 of 20	5.1
322219	Other paperboard container manufacturing	Yes	Yes	14.3%	11.6%	0.5%	4.1%	3.2%	2.2%	2.5%	16 of 20	5.7
322220	Paper bag and coated and treated paper manufacturing	Yes	Yes	14.3%	11.6%	0.5%	4.1%	3.2%	2.2%	2.5%	16 of 20	5.7
322230	Stationery product manufacturing	Yes	Yes	19.5%	10.8%	0.6%	4.1%	3.7%	2.5%	2.3%	17 of 20	8.5
322291	Sanitary paper product manufacturing	Yes	Yes	18.6%	3.4%	-0.3%	1.7%	0.8%	0.2%	1.2%	13 of 20	15.8
322299	All other converted paper product mfg.	Yes	Yes	9.0%	10.0%	1.2%	3.9%	2.9%	2.1%	2.2%	18 of 20	4.1
323100	Printing & related support activities	Yes	Yes	13.5%	9.5%	1.5%	4.5%	3.2%	1.7%		12 of 13	8.0
323113	Commercial screen printing	Yes	Yes	13.9%	9.8%	0.8%	4.4%	3.0%	1.4%		11 of 15	9.7
323117	Books printing	Yes	Yes	23.4%	11.8%	2.2%	5.3%	3.7%	2.7%		11 of 15	8.8
323120	Support activities for printing	Yes	Yes	13.5%	9.5%	1.5%	4.5%	3.2%	1.7%		12 of 13	8.0
324100	Petroleum & coal products mfg.	Yes	Yes	9.5%	48.7%	11.9%	8.7%	15.2%	-1.9%	9.0%	13 of 20	1.1
324110	Petroleum refineries	Yes	Yes	39.9%	57.4%	-15.3%	11.8%	10.8%	-1.0%	7.7%	13 of 20	5.2
324121	Asphalt paving mixture & block manufacturing	Yes	Yes	18.5%	8.8%	-3.7%	1.2%	2.7%	0.8%	4.6%	14 of 20	4.0
324122	Asphalt shingle and coating materials manufacturing	Yes	Yes	17.0%	11.7%	2.3%	4.2%	5.1%	1.9%	4.8%	12 of 20	3.5
324191	Petroleum lubricating oil and grease mfg.	Yes	Yes	22.9%	14.6%	-0.6%	5.3%	5.4%	1.6%	6.6%	14 of 20	3.5
324199	All other petroleum and coal products mfg.	No	No	8.9%	39.4%	28.7%	9.8%	15.8%	-2.1%		6 of 12	-4.3
325100	Basic chemical mfg.	Yes	No	1.7%	44.5%	-3.1%	9.3%	7.3%	0.9%	5.3%	12 of 20	0.3
325110	Petrochemical manufacturing	Yes	No	1.7%	44.5%	-3.1%	9.3%	7.3%	0.9%	5.3%	12 of 20	0.3
325120	Industrial gas manufacturing	Yes	Yes	15.2%	21.8%	-2.1%	10.0%	6.7%	5.4%	4.2%	16 of 20	3.6
325130	Synthetic dye and pigment manufacturing	Yes	Yes	22.2%	10.1%	0.3%	5.3%	4.8%	0.1%	2.4%	15 of 20	9.3
325180	Other basic inorganic chemical manufacturing	Yes	Yes	17.4%	9.2%	0.0%	3.2%	4.2%	-0.3%	4.9%	14 of 20	3.6
325193	Ethyl alcohol manufacturing	No	No	-15.0%	94.5%	1.2%	31.8%	12.0%	1.5%	4.4%	9 of 19	-3.4
325194	Cyclic crude, intermediate, and gum and wood chemical mfg	Yes	No	3.9%	43.1%	0.3%	11.1%	8.9%	3.7%	5.5%	13 of 19	0.7
325199	All other basic organic chemical manufacturing	Yes	Yes	15.2%	22.7%	-1.6%	3.4%	4.6%	1.7%	4.3%	15 of 20	3.5
325200	Resin, synthetic rubber & artificial & synthetic fibers & filaments mfg.	Yes	No	4.0%	22.9%	0.7%	6.4%	5.5%	2.6%	4.5%	17 of 20	0.9
325211	Plastics material and resins mfg	Yes	No	-8.1%	36.3%	5.6%	8.6%	7.7%	3.2%	4.7%	14 of 20	-1.7
325212	Synthetic rubber manufacturing	Yes	Yes	5.1%	19.8%	0.1%	4.0%	3.4%	-0.8%	3.5%	13 of 20	1.4
325220	Artificial fibers and filaments manufacturing	Yes	Yes	6.5%	22.0%	-3.0%	5.4%	5.5%	2.5%	1.9%	11 of 20	3.5
325300	Pesticide, fertilizer & other agricultural chemical mfg.	Yes	Yes	42.8%	6.4%	-1.7%	3.0%	2.6%	1.5%	1.7%	14 of 20	25.5
325311	Nitrogenous fertilizer manufacturing	Yes	No	5.1%	100.6%	9.8%	20.9%	17.1%	2.6%	7.7%	13 of 20	0.7
325312	Phosphatic fertilizer manufacturing	Yes	No	5.1%	100.6%	9.8%	20.9%	17.1%	2.6%	7.7%	13 of 20	0.7
325314	Fertilizer, mixing only, manufacturing	Yes	Yes	14.2%	36.2%	4.6%	9.7%	8.2%	2.1%	4.0%	13 of 20	3.5
325320	Pesticide and other agricultural chemical manufacturing	Yes	Yes	48.8%	6.6%	-2.2%	3.1%	2.8%	1.5%		6 of 11	33.4
325410	Pharmaceutical & medicine mfg.	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
325411	Medicinal and botanical manufacturing	Yes	Yes	1.7%	0.3%	0.4%	0.0%	0.8%	0.4%	1.3%	14 of 20	1.3
325412	Pharmaceutical preparation manufacturing	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
325413	In-vitro diagnostic substance manufacturing	Yes	No	-2.0%	15.1%	2.8%	5.8%	3.5%	3.1%		8 of 13	-0.6
325414	Other biological product manufacturing	Yes	No	0.6%	9.6%	2.4%	5.2%	3.3%	2.9%	2.8%	18 of 20	0.2
325500	Paint, coating & adhesive mfg.	Yes	Yes	20.3%	15.4%	1.6%	6.3%	5.4%	3.5%	3.9%	18 of 20	5.2
325510	Paint and coating manufacturing	Yes	Yes	20.3%	15.4%	1.6%	6.3%	5.4%	3.5%	3.9%	18 of 20	5.2
325520	Adhesive manufacturing	Yes	Yes	17.4%	11.5%	1.5%	4.5%	3.9%	2.2%	3.3%	18 of 20	5.3
325600	Soap, cleaning compound & toilet preparation mfg.	Yes	Yes	11.6%	6.1%	0.5%	2.6%	1.9%	1.4%	2.0%	17 of 20	5.7
325611	Soap and other detergent manufacturing	Yes	Yes	11.6%	6.1%	0.5%	2.6%	1.9%	1.4%	2.0%	17 of 20	5.7
325612	Polish and other sanitation good mfg.	Yes	Yes	6.3%	4.2%	1.0%	3.1%	3.9%	2.5%	2.2%	17 of 20	2.9
325613	Surface active agent manufacturing	Yes	Yes	8.7%	16.6%	2.7%	4.7%	4.0%	2.4%	3.6%	15 of 20	2.4
325620	Toilet preparation manufacturing	Yes	Yes	6.4%	1.8%	-0.2%	0.9%	1.0%	1.1%	1.1%	17 of 20	6.0
325900	Other chemical product & preparation mfg.	Yes	Yes	10.4%	11.3%	-0.2%	3.5%	2.9%	1.6%	3.1%	15 of 20	3.3
325910	Printing ink manufacturing	Yes	Yes	7.3%	8.7%	0.7%	3.4%	2.6%	2.4%	2.7%	17 of 20	2.7
325920	Explosives manufacturing	Yes	Yes	14.5%	5.7%	-0.2%	2.1%	2.0%	1.6%	2.7%	16 of 20	5.4
325991	Custom compounding of purchased resins	Yes	No	0.1%	24.4%	-1.7%	5.1%	5.4%	2.3%	3.4%	15 of 20	0.0
325992	Photographic film and chemical manufacturing	Yes	Yes	7.7%	7.2%	-0.1%	4.7%	3.4%	2.0%	1.5%	13 of 20	5.2
325998	Other miscellaneous chemical product manufacturing	Yes	Yes	10.4%	11.3%	-0.2%	3.5%	2.9%	1.6%	3.1%	15 of 20	3.3
326000	Plastics & rubber products mfg.	Yes	Yes	8.4%	21.1%	0.6%	6.4%	5.1%	2.5%	3.2%	17 of 20	2.6
326111	Plastics bag and pouch manufacturing	Yes	Yes	4.2%	19.8%	2.9%	6.7%	4.5%	2.6%	3.8%	16 of 20	1.1
326112	Plastics packaging film and sheet mfg.	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326113	Nonpackaging plastics film and sheet mfg.	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326121	Unlaminated plastics profile shape manufacturing	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326122	Plastics pipe and pipe fitting manufacturing	Yes	Yes	10.2%	33.3%	6.4%	12.3%	8.7%	4.9%	4.6%	17 of 20	2.2
326130	Laminated plastics plate, sheet (except packaging), and shape manufacturing	Yes	Yes	12.7%	7.6%	1.2%	3.1%	2.5%	2.1%		16 of 19	6.0
326140	Polystyrene foam product manufacturing	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326150	Urethane and other foam product mfg.	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326160	Plastics bottle manufacturing	Yes	Yes	10.5%	16.5%	-3.9%	1.8%	3.7%	0.8%		7 of 13	13.1
326191	Plastics plumbing fixture manufacturing	Yes	Yes	4.2%	20.2%	2.6%	7.5%	5.6%	3.2%		15 of 17	1.3
326199	All other plastics product manufacturing	Yes	Yes	7.6%	24.1%	0.7%	7.2%	5.7%	3.1%	3.3%	16 of 20	2.3
326211	Tire manufacturing, except retreading	Yes	Yes	14.8%	8.1%	0.3%	2.9%	2.4%	0.3%	2.8%	15 of 20	5.3
326220	Rubber and plastics hose and belting mfg.	Yes	No	0.4%	13.2%	0.5%	5.3%	4.2%	2.7%	3.5%	18 of 20	0.1
326291	Rubber product mfg. for mechanical use	Yes	Yes	12.6%	10.4%	0.2%	3.5%	2.7%	1.4%	2.1%	16 of 20	6.1
326299	All other rubber product manufacturing	Yes	Yes	12.6%	10.4%	0.2%	3.5%	2.7%	1.4%	2.1%	16 of 20	6.1
327100	Clay product & refractory mfg.	Yes	Yes	9.5%	5.4%	2.0%	2.9%	1.9%	1.5%	1.3%	16 of 20	7.2
327110	Pottery, ceramics, and plumbing fixture mfg.	Yes	No	1.1%	14.3%	5.1%	6.6%	5.4%	3.8%		14 of 14	0.3
327120	Clay building material and refractories mfg.	Yes	Yes	14.0%	6.3%	3.2%	3.8%	2.8%	1.7%	1.7%	16 of 20	8.3
327210	Glass & glass product mfg.	Yes	Yes	9.7%	6.5%	3.3%	3.7%	3.0%	2.8%	1.5%	15 of 20	6.3
327211	Flat glass manufacturing	Yes	Yes	11.3%	7.1%	3.9%	4.0%	2.9%	3.0%	1.6%	15 of 20	7.1
327212	Other pressed and blown glass and glassware	Yes	No	5.0%	4.5%	1.7%	2.8%	3.3%	2.2%	1.4%	16 of 20	3.5
327213	Glass container manufacturing	Yes	Yes	12.8%	6.8%	1.7%	3.7%	2.8%	2.1%	2.7%	20 of 20	4.7
327215	Glass product mfg. made of purchased glass	Yes	Yes	5.0%	4.5%	1.7%	2.8%	3.3%	2.2%	1.4%	16 of 20	3.5
327300	Cement & concrete product mfg.	Yes	Yes	13.7%	8.4%	2.7%	4.6%	4.0%	3.6%	3.5%	18 of 20	3.9
327310	Cement manufacturing	Yes	Yes	12.9%	4.2%	1.9%	2.7%	3.1%	3.7%	3.0%	17 of 20	4.2
327320	Ready-mix concrete manufacturing	Yes	Yes	11.5%	7.4%	2.3%	4.0%	3.6%	3.6%	3.6%	18 of 20	3.2
327331	Concrete block and brick manufacturing	Yes	Yes	14.3%	5.1%	3.2%	3.8%	3.5%	2.8%	3.0%	18 of 20	4.8
327332	Concrete pipe manufacturing	Yes	Yes	17.9%	11.2%	4.0%	6.9%	4.4%	3.5%	3.1%	16 of 20	5.7
327390	Other concrete product manufacturing	Yes	Yes	13.7%	8.4%	2.7%	4.6%	4.0%	3.6%	3.5%	18 of 20	3.9
327400	Lime & gypsum product mfg.	Yes	Yes	16.7%	20.2%	3.7%	6.1%	6.0%	6.9%	4.4%	15 of 20	3.8
327410	Lime manufacturing	Yes	Yes	28.5%	2.6%	3.5%	4.0%	3.0%	2.2%	4.3%	19 of 20	6.7
327420	Gypsum product manufacturing	Yes	Yes	18.1%	21.9%	4.9%	6.3%	6.0%	7.2%	4.1%	14 of 19	4.4
327900	Other nonmetallic mineral product mfg.	Yes	Yes	13.0%	8.4%	-0.5%	2.6%	2.5%	1.9%	3.3%	16 of 20	4.0
327910	Abrasive product manufacturing	Yes	Yes	17.5%	6.5%	2.3%	4.2%	3.3%	2.1%	2.0%	17 of 20	8.8
327991	Cut stone and stone product manufacturing	Yes	Yes	13.7%	11.9%	3.5%	6.0%	4.3%	3.2%	1.8%	15 of 20	7.7
327992	Ground or treated minerals and earths mfg.	Yes	Yes	10.1%	2.8%	-1.7%	1.2%	1.0%	2.1%	3.5%	19 of 20	2.9
327993	Mineral wool manufacturing	Yes	Yes	14.3%	20.5%	2.3%	5.2%	4.5%	4.6%	3.4%	16 of 20	4.2
327999	All other miscellaneous nonmetallic mineral product manufacturing	Yes	Yes	13.0%	8.4%	-0.5%	2.6%	2.5%	1.9%	3.3%	16 of 20	4.0
331000	Primary metal mfg.	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
331110	Iron and steel mills and ferroalloy mfg	Yes	No	-26.5%	134.4%	2.1%	26.5%	20.8%	7.7%	7.9%	12 of 20	-3.4
331210	Iron and steel pipe and tube manufacturing from purchased steel	Yes	No	1.2%	24.4%	5.3%	8.7%	6.6%	3.2%		7 of 11	0.4
331221	Rolled steel shape mfg	Yes	No	-49.6%	229.9%	0.1%	41.7%	27.9%	11.6%	10.1%	13 of 20	-4.9
331222	Steel wire drawing	Yes	Yes	13.3%	37.8%	-0.6%	9.2%	9.7%	3.1%	6.8%	11 of 20	2.0
331313	Alumina refining and primary aluminum production	Yes	No	-12.0%	24.2%	17.4%	13.4%	7.9%	2.5%	5.0%	12 of 20	-2.4
331314	Secondary smelting and alloying of aluminum	Yes	No	-0.7%	51.3%	30.5%	16.1%	11.8%	3.6%	3.6%	11 of 20	-0.2
331315	Aluminum sheet, plate, and foil mfg	No	No	-7.6%	30.2%	-2.0%	7.0%	7.7%	3.1%	2.6%	9 of 20	-2.9
331318	Other aluminum rolling, drawing, and extruding	No	No	-7.6%	30.2%	-2.0%	7.0%	7.7%	3.1%	2.6%	9 of 20	-2.9
331410	Nonferrous metal (except aluminum) smelting and refining	Yes	No	1.5%	18.2%	12.3%	11.0%	8.1%	2.4%	5.5%	13 of 20	0.3
331420	Copper rolling, drawing, extruding, and alloying	Yes	No	-5.0%	27.1%	19.4%	14.8%	9.6%	3.3%	7.1%	11 of 20	-0.7
331491	Nonferrous metal (except copper and aluminum) rolling, drawing, and extruding	Yes	No	-4.3%	26.1%	3.3%	8.5%	7.5%	2.6%	3.5%	12 of 20	-1.2
331492	Secondary smelting, refining, and alloying of nonferrous metal (except copper and aluminum)	Yes	No	1.5%	18.2%	12.3%	11.0%	8.1%	2.4%	5.5%	13 of 20	0.3
331511	Iron foundries	Yes	Yes	13.3%	12.2%	3.0%	4.7%	3.3%	1.8%	2.9%	15 of 20	4.6
331512	Steel investment foundries	Yes	Yes	13.3%	12.2%	3.0%	4.7%	3.3%	1.8%	2.9%	15 of 20	4.6
331513	Steel foundries, except investment	Yes	Yes	13.3%	12.2%	3.0%	4.7%	3.3%	1.8%	2.9%	15 of 20	4.6
331523	Nonferrous metal die-casting foundries	Yes	Yes	11.4%	12.9%	2.7%	4.2%	3.4%	1.5%	2.7%	15 of 20	4.3
331524	Aluminum foundries, except die-casting	Yes	Yes	11.4%	12.9%	2.7%	4.2%	3.4%	1.5%	2.7%	15 of 20	4.3
331529	Other nonferrous metal foundries, except die-casting	Yes	Yes	11.4%	12.9%	2.7%	4.2%	3.4%	1.5%	2.7%	15 of 20	4.3
332000	Fabricated metal product mfg.	Yes	Yes	6.6%	41.6%	2.2%	13.0%	9.7%	4.9%	4.5%	17 of 20	1.5
332111	Iron and steel forging	Yes	Yes	13.3%	12.2%	3.0%	4.7%	3.3%	1.8%	2.9%	15 of 20	4.6
332112	Nonferrous forging	No	No	7.8%	7.4%	1.0%	3.5%	2.3%	0.6%	1.0%	9 of 19	8.2
332114	Custom roll forming	No	No	-4.9%	108.6%	-1.6%	25.5%	15.0%	5.5%	4.7%	8 of 20	-1.0
332117	Powder metallurgy part mfg	Yes	Yes	5.5%	10.5%	-0.2%	3.8%	3.2%	1.3%	1.5%	15 of 20	3.6
332119	Other metal stamping, except automotive	Yes	No	1.6%	24.8%	1.0%	7.9%	5.6%	2.9%	3.4%	15 of 20	0.5
332215	Metal cookware, cutlery, and flatware mfg	Yes	Yes	5.0%	9.8%	2.6%	4.5%	3.2%	2.1%	1.8%	20 of 20	2.8
332216	Saw blade, handsaw, and hand and edge tool mfg	Yes	Yes	7.4%	4.7%	2.5%	3.2%	2.8%	1.9%	2.1%	19 of 20	3.6
332311	Prefabricated metal buildings and components mfg	Yes	No	-2.8%	44.3%	14.5%	15.3%	12.5%	7.2%	7.1%	13 of 20	-0.4
332312	Fabricated structural metal mfg	Yes	Yes	10.2%	43.7%	-0.9%	12.6%	10.6%	5.3%	4.4%	16 of 20	2.3
332313	Plate work mfg	Yes	Yes	6.2%	33.3%	7.1%	12.4%	8.0%	4.1%	3.9%	15 of 20	1.6
332321	Metal window and door mfg	Yes	Yes	10.2%	38.6%	2.9%	13.2%	10.1%	5.6%	4.3%	18 of 20	2.4
332322	Sheet metal work mfg	Yes	Yes	6.9%	36.9%	-0.3%	10.7%	8.2%	3.7%	3.7%	14 of 20	1.9
332323	Ornamental and architectural metal work mfg	Yes	Yes	8.7%	54.7%	5.0%	17.1%	13.3%	7.1%	6.4%	16 of 20	1.4
332410	Power boiler and heat exchanger mfg	Yes	Yes	9.8%	21.3%	0.4%	8.3%	6.4%	4.1%	4.0%	20 of 20	2.4
332420	Metal tanks, heavy gauge, mfg	Yes	Yes	10.8%	34.8%	4.5%	13.4%	8.0%	4.3%	4.0%	14 of 20	2.7
332431	Metal can mfg	Yes	Yes	21.2%	15.3%	0.1%	4.9%	4.9%	1.8%	2.6%	14 of 19	8.2
332439	Other metal container mfg	Yes	No	3.1%	45.3%	3.3%	13.8%	11.8%	6.3%	5.8%	16 of 20	0.5
332510	Hardware mfg	Yes	Yes	4.9%	17.5%	1.8%	6.6%	5.0%	2.9%	2.8%	18 of 20	1.8
332613	Spring mfg	Yes	Yes	6.8%	13.0%	0.1%	4.5%	3.8%	1.7%	2.0%	15 of 20	3.4
332618	Other fabricated wire product mfg	Yes	Yes	13.9%	29.9%	1.2%	8.7%	8.6%	4.2%	4.8%	16 of 20	2.9
332710	Machine shops	Yes	Yes	4.9%	4.9%	0.1%	2.1%	2.1%	1.3%	1.9%	19 of 20	2.6
332721	Precision turned product mfg	Yes	Yes	4.9%	4.9%	0.1%	2.1%	2.1%	1.3%	1.9%	19 of 20	2.6
332722	Bolt, nut, screw, rivet, and washer mfg	Yes	Yes	15.0%	16.6%	4.4%	8.5%	6.0%	3.3%	3.5%	17 of 20	4.3
332811	Metal heat treating	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
332812	Metal coating and nonprecious engraving	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
332813	Electroplating, anodizing and coloring metal	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
332911	Industrial valve mfg	Yes	Yes	15.0%	4.9%	2.8%	3.2%	3.6%	3.2%	4.1%	20 of 20	3.6
332912	Fluid power valve and hose fitting mfg	Yes	Yes	11.4%	8.7%	1.1%	4.0%	3.3%	2.4%	3.0%	20 of 20	3.7
332913	Plumbing fixture fitting and trim mfg	Yes	Yes	8.5%	5.4%	1.9%	3.5%	3.4%	2.5%	2.7%	20 of 20	3.2
332919	Other metal valve and pipe fitting mfg	Yes	Yes	10.7%	6.9%	2.4%	4.0%	3.6%	2.6%	3.2%	20 of 20	3.3
332991	Ball and roller bearing mfg	Yes	Yes	8.3%	6.6%	-0.3%	3.8%	3.4%	2.2%	2.9%	18 of 20	2.8
332992	Small arms ammunition mfg	Yes	No	4.8%	7.0%	2.6%	3.5%	2.9%	2.6%	5.2%	17 of 20	0.9
332993	Ammunition, except small arms, manufacturing	Yes	Yes	8.1%	14.0%	0.7%	5.1%	4.3%	2.1%	2.4%	17 of 20	3.4
332996	Fabricated pipe and pipe fitting mfg	Yes	No	1.2%	24.4%	5.3%	8.7%	6.6%	3.2%		7 of 11	0.4
332999	Miscellaneous fabricated metal product mfg	Yes	No	2.6%	22.3%	1.7%	6.7%	6.4%	2.9%	2.8%	16 of 20	0.9
333000	Machinery mfg.	Yes	Yes	8.8%	7.1%	1.0%	3.2%	2.6%	1.5%	1.2%	16 of 20	7.6
333111	Farm machinery and equipment mfg	Yes	Yes	12.6%	14.6%	1.0%	5.8%	4.3%	2.8%	2.9%	20 of 20	4.3
333112	Lawn and garden equipment mfg	Yes	Yes	8.4%	5.3%	0.7%	2.5%	2.1%	1.2%	1.0%	15 of 20	8.7
333120	Construction machinery mfg	Yes	Yes	8.7%	10.1%	1.2%	4.4%	3.5%	2.6%	2.8%	20 of 20	3.0
333131	Mining machinery and equipment mfg	Yes	Yes	11.4%	14.3%	2.3%	6.9%	5.9%	4.1%	4.4%	20 of 20	2.6
333132	Oil and gas field machinery and equipment mfg	Yes	Yes	7.3%	3.2%	-0.4%	1.0%	0.7%	0.6%	2.6%	17 of 20	2.8
333241	Food product machinery mfg	Yes	Yes	10.0%	7.1%	2.7%	4.0%	3.5%	2.9%	3.0%	20 of 20	3.4
333242	Semiconductor machinery mfg	No	No	6.9%	-1.4%	2.8%	1.2%		-0.1%	-0.8%	6 of 15	-9.0
333243	Sawmill, woodworking and paper machinery mfg	Yes	Yes	10.4%	9.5%	2.3%	3.9%	4.9%	4.2%	3.0%	18 of 20	3.5
333244	Printing machinery and equipment mfg	No	No	-0.1%	6.2%	-2.8%	0.7%	0.7%	-0.3%		6 of 13	0.3
333249	Other industrial machinery mfg	Yes	Yes	11.2%	16.5%	4.0%	7.6%	5.0%	2.5%	1.6%	16 of 20	7.1
333314	Optical instrument and lens mfg	Yes	Yes	2.8%	2.7%	0.6%	1.2%	1.1%	0.6%	0.7%	13 of 20	4.3
333316	Photographic and photocopying equipment mfg	Yes	Yes	7.7%	7.2%	-0.1%	4.7%	3.4%	2.0%	1.5%	13 of 20	5.2
333318	Other commercial and service industry machinery mfg	Yes	Yes	10.6%	11.6%	2.1%	5.1%	3.7%	2.3%	2.0%	19 of 20	5.4
333413	Fan, blower, air purification equipment mfg	Yes	Yes	12.7%	18.6%	1.0%	6.7%	5.3%	3.6%		19 of 19	3.5
333414	Heating equipment (except warm air furnaces) mfg	Yes	Yes	9.8%	21.3%	0.4%	8.3%	6.4%	4.1%	4.0%	20 of 20	2.4
333415	Air-conditioning, refrigeration, and forced air heating equipment mfg	Yes	Yes	18.3%	14.7%	2.6%	6.7%	5.4%	3.3%	2.8%	19 of 20	6.5
333511	Industrial mold mfg	Yes	Yes	11.1%	5.4%	-2.1%	0.9%	0.6%	0.5%	0.3%	13 of 20	33.7
333514	Special tool, die, jig, and fixture mfg	Yes	Yes	5.2%	6.9%	-1.1%	2.1%	2.5%	1.4%	1.0%	16 of 20	5.1
333515	Cutting tool and machine tool accessory mfg	Yes	Yes	5.0%	4.1%	0.9%	2.1%	2.0%	1.4%	1.8%	20 of 20	2.8
333517	Machine tool mfg	Yes	Yes	7.6%	7.3%	0.7%	3.1%	2.7%	1.9%	1.8%	19 of 20	4.3
333519	Rolling mill and other metalworking machinery mfg	Yes	Yes	7.6%	7.3%	0.7%	3.1%	2.7%	1.9%	1.8%	19 of 20	4.3
333611	Turbine and turbine generator set units mfg	Yes	Yes	2.2%	3.4%	3.5%	3.5%		1.2%	2.2%	14 of 19	1.0
333612	Speed changer, drive, and gear mfg	Yes	Yes	14.9%	7.1%	1.6%	3.2%	3.2%	2.2%	3.0%	19 of 20	5.1
333613	Mechanical power transmission equipment mfg	Yes	Yes	14.6%	8.0%	1.7%	3.8%	3.4%	2.3%	3.1%	18 of 20	4.7
333618	Other engine equipment mfg	Yes	Yes	6.9%	2.0%	1.1%	1.3%	1.3%	0.5%	1.0%	16 of 20	7.1
333912	Air and gas compressor mfg	Yes	Yes	21.3%	9.4%	1.3%	4.6%	4.8%	3.4%		16 of 17	6.3
333914	Measuring, dispensing, and other pumping equipment mfg	Yes	Yes	16.0%	7.6%	0.7%	3.1%	3.2%	2.6%	3.1%	20 of 20	5.2
333921	Elevator and moving stairway mfg	Yes	Yes	5.0%	16.7%	0.9%	7.1%	5.3%	3.4%	2.4%	16 of 20	2.1
333922	Conveyor and conveying equipment mfg	Yes	Yes	8.8%	15.2%	2.3%	6.4%	4.9%	3.3%	3.1%	18 of 20	2.8
333923	Overhead cranes, hoists and monorail systems mfg	Yes	Yes	12.8%	16.9%	0.7%	6.8%	5.2%	3.6%	3.6%	19 of 20	3.6
333924	Industrial truck, trailer, and stacker mfg	Yes	Yes	10.2%	12.4%	1.5%	4.7%	4.2%	3.3%	3.4%	20 of 20	3.0
333991	Power-driven handtool mfg	Yes	Yes	6.1%	9.9%	2.4%	4.6%	3.3%	2.6%		16 of 18	2.3
333992	Welding and soldering equipment mfg	Yes	Yes	7.1%	13.5%	1.2%	5.3%	4.9%	3.3%	3.7%	19 of 20	1.9
333993	Packaging machinery mfg	Yes	Yes	9.7%	9.9%	-1.6%	3.0%	2.8%	2.6%		14 of 15	3.7
333994	Industrial process furnace and oven mfg	Yes	Yes	9.8%	7.4%	2.4%	4.1%	3.1%	2.4%		18 of 18	4.1
333995	Fluid power cylinder and actuator mfg	Yes	Yes	12.4%	13.4%	0.6%	5.5%	4.6%	2.8%	3.0%	20 of 20	4.2
333996	Fluid power pump and motor mfg	Yes	Yes	7.3%	5.0%	0.8%	2.3%	2.2%	1.9%	2.5%	20 of 20	3.0
333997	Scale and balance mfg	Yes	Yes	9.5%	11.9%	1.1%	4.8%	5.3%	3.9%	2.9%	20 of 20	3.2
333999	All other miscellaneous general purpose machinery mfg	Yes	Yes	6.2%	5.9%	0.4%	3.2%	2.3%	1.9%	2.0%	18 of 20	3.1
334000	Computer & electronic product mfg.	No	No	3.7%	4.3%	-3.4%	-0.9%	-1.0%	-2.4%	-5.1%	2 of 20	-0.7
334111	Electronic computer manufacturing	No	No	-1.0%	15.7%	-5.8%	-0.8%	-2.6%	-4.2%	-11.0%	2 of 20	0.1
334112	Computer storage device mfg	No	No	4.2%	3.1%	-3.7%	1.5%	0.4%	-0.4%	-8.0%	5 of 20	-0.5
334118	Computer terminal and other computer peripheral equipment mfg	No	No	3.7%	4.3%	-3.4%	-0.9%	-1.0%	-2.4%	-5.1%	2 of 20	-0.7
334210	Telephone apparatus mfg	No	No	8.1%	-0.3%	0.7%	0.1%	-0.1%	-0.4%	-1.1%	6 of 20	-7.2
334220	Broadcast and wireless communications equipment mfg	Yes	Yes	4.6%	3.6%	2.6%	3.3%	2.6%	1.6%	0.6%	15 of 20	7.2
334290	Other communications equipment mfg	Yes	Yes	4.6%	3.6%	2.6%	3.3%	2.6%	1.6%	0.6%	15 of 20	7.2
334310	Audio and video equipment mfg	No	No	7.0%	8.8%	0.8%	3.9%	2.3%	1.0%	-0.9%	9 of 20	-7.4
334412	Bare printed circuit board mfg	Yes	Yes	7.0%	4.4%	1.6%	2.0%	1.3%	0.9%	0.6%	9 of 17	11.4
334413	Semiconductors and related device mfg	No	No	3.4%	1.9%	1.3%	0.3%	-0.5%	-1.2%		3 of 17	-2.9
334417	Electronic connector mfg	Yes	Yes	15.1%	3.7%	2.7%	2.7%	2.7%	2.0%	1.8%	19 of 20	8.5
334418	Printed circuit assembly mfg	No	No	-3.3%	1.8%	-1.6%	0.0%	-0.2%	0.2%	-0.5%	5 of 20	7.0
334419	Other electronic component mfg	No	No	4.4%	2.1%	-2.6%	0.2%	-0.4%	-0.8%	-1.8%	5 of 20	-2.5
334510	Electromedical apparatus mfg	No	No	3.3%	0.2%	1.5%	0.7%	0.4%	0.0%		6 of 13	-1854.3
334511	Search, detection, and navigation instruments	Yes	No	2.5%	4.4%	4.4%	5.0%	4.3%			7 of 7	0.6
334512	Automatic environmental control mfg	Yes	Yes	4.9%	7.6%	-1.5%	3.3%	3.2%	1.9%	1.5%	17 of 20	3.2
334513	Industrial process variable instruments	Yes	Yes	12.9%	2.9%	3.2%	2.1%	1.7%	1.7%	2.2%	20 of 20	5.8
334514	Totalizing fluid meters and counting devices	Yes	Yes	12.7%	5.7%	0.5%	2.9%	2.9%	2.9%	2.6%	20 of 20	4.8
334515	Electricity and signal testing instruments mfg	Yes	Yes	3.9%	-0.2%	-0.1%	0.2%	-0.1%	0.4%	0.7%	14 of 20	5.4
334516	Analytical laboratory instrument mfg	Yes	Yes	6.9%	2.1%	0.9%	2.0%	1.9%	1.6%	1.4%	20 of 20	4.9
334517	Irradiation apparatus mfg	Yes	Yes	8.1%	-0.6%	-2.3%	-1.0%	-0.4%	-0.3%	0.2%	10 of 18	39.1
334519	Other measuring and controlling device mfg	Yes	Yes	12.9%	2.7%	0.4%	2.0%	1.7%	1.4%	1.1%	16 of 20	12.0
334610	Manufacturing and reproducing magnetic and optical media	Yes	Yes	13.2%	8.7%	2.1%	5.4%	4.0%	2.2%	2.3%	18 of 20	5.8
335000	Electrical equipment, appliance & component mfg.	Yes	Yes	6.8%	5.2%	0.6%	2.3%	1.9%	0.9%	0.3%	11 of 20	23.1
335110	Electric lamp bulb and part mfg	No	No	7.3%	3.6%	-0.1%	-8.8%	-4.3%	-3.6%	-1.5%	9 of 20	-4.9
335121	Residential electric lighting fixture mfg	Yes	No	2.5%	18.1%	-2.9%	7.1%	5.6%	3.3%	2.6%	16 of 20	0.9
335122	Nonresidential electric lighting fixture mfg	Yes	Yes	6.8%	7.4%	1.7%	3.9%	3.7%	2.3%	2.0%	20 of 20	3.4
335129	Other lighting equipment mfg	Yes	Yes	7.6%	4.4%	1.4%	2.6%	2.2%	1.6%	1.4%	18 of 20	5.4
335210	Small electrical appliance mfg	Yes	Yes	8.7%	7.4%	-0.3%	3.0%	2.6%	0.8%	1.0%	15 of 20	8.4
335220	Major household appliance mfg	Yes	Yes	5.8%	8.5%	2.5%	4.6%	3.9%	2.0%	1.4%	14 of 20	4.2
335311	Electric power and specialty transformer mfg	Yes	Yes	12.4%	35.0%	0.8%	11.1%	8.7%	4.0%	3.7%	14 of 20	3.3
335312	Motor and generator mfg	Yes	Yes	10.7%	12.1%	0.1%	4.4%	3.6%	1.9%	2.7%	17 of 20	3.9
335313	Switchgear and switchboard apparatus mfg	Yes	Yes	21.3%	11.6%	1.8%	5.6%	4.2%	2.0%		15 of 17	10.6
335314	Relay and industrial control mfg	Yes	Yes	2.2%	1.3%	2.4%	1.5%	1.1%	0.6%	2.1%	16 of 19	1.0
335911	Storage battery mfg	Yes	Yes	8.3%	10.8%	-1.4%	2.6%	4.0%	2.3%	3.8%	16 of 20	2.2
335912	Primary battery mfg	Yes	Yes	12.9%	3.2%	0.2%	2.6%		1.4%	1.1%	12 of 18	12.3
335921	Fiber optic cable mfg	No	No	16.6%	3.4%	-2.6%	0.0%	-0.1%	-0.4%	-2.8%	5 of 20	-6.0
335929	Other communication and energy wire mfg	Yes	No	1.1%	30.3%	8.0%	11.4%	8.2%	2.3%	4.6%	12 of 20	0.2
335931	Current-carrying wiring device mfg	Yes	Yes	6.9%	9.5%	1.8%	4.0%	2.8%	1.6%	2.2%	17 of 20	3.1
335932	Noncurrent-carrying wiring device mfg	Yes	Yes	14.0%	38.8%	10.2%	16.3%	10.5%	5.5%	5.1%	16 of 20	2.7
335991	Carbon and graphite product mfg	Yes	Yes	22.6%	-16.9%	1.0%	-15.2%	5.8%	1.6%	2.5%	12 of 20	8.9
335999	Miscellaneous electrical equipment mfg	Yes	Yes	6.8%	5.2%	0.6%	2.3%	1.9%	0.9%	0.3%	11 of 20	23.1
336000	Transportation equipment mfg.	Yes	Yes	4.6%	4.6%	0.7%	1.7%	1.4%	1.3%	1.0%	17 of 20	4.5
336110	Automobile, light truck and utility vehicle mfg	Yes	Yes	2.0%	2.1%	1.1%	1.2%	0.6%	0.6%	0.3%	12 of 20	6.6
336120	Heavy duty truck mfg	Yes	Yes	1.9%	1.4%	1.2%	1.1%	1.3%	1.7%		16 of 16	1.1
336211	Motor vehicle body mfg	Yes	Yes	4.6%	4.6%	0.7%	1.7%	1.4%	1.3%	1.0%	17 of 20	4.5
336212	Truck trailer mfg	Yes	Yes	17.0%	27.1%	0.0%	9.3%	7.5%	4.2%	3.8%	17 of 20	4.5
336213	Motor home mfg	Yes	Yes	2.8%	4.5%	3.2%	3.1%	2.6%	2.1%	1.5%	18 of 20	1.8
336214	Travel trailer and camper mfg	Yes	Yes	7.9%	21.7%	3.9%	9.1%	7.0%	4.6%	3.6%	19 of 20	2.2
336310	Motor vehicle gasoline engine and engine parts mfg	Yes	Yes	6.9%	2.0%	1.1%	1.3%	1.3%	0.5%	1.0%	16 of 20	7.1
336320	Motor vehicle electrical and electronic equipment mfg	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336330	Motor vehicle steering and suspension components (except spring) manufacturing	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336340	Motor vehicle brake system mfg	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336350	Motor vehicle transmission and power train parts manufacturing	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336360	Motor vehicle seating and interior trim mfg	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336370	Motor vehicle metal stamping	No	No	3.8%	6.3%	-1.1%	1.8%	1.2%			4 of 9	3.2
336390	Other motor vehicle parts mfg	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
336411	Aircraft mfg	Yes	Yes	4.7%	1.5%	1.3%	1.4%	1.5%	1.4%	2.5%	19 of 20	1.9
336412	Aircraft engine and engine parts mfg	Yes	Yes	3.9%	1.8%	1.1%	1.3%	1.1%	1.5%	2.5%	20 of 20	1.6
336413	Other aircraft parts and equipment mfg	Yes	Yes	2.7%	1.6%	1.3%	1.5%	1.1%	1.3%	1.4%	17 of 20	1.9
336510	Railroad rolling stock mfg	Yes	No	-1.1%	5.1%	0.3%	2.2%	1.3%	1.2%	2.4%	15 of 20	-0.5
336611	Ship building and repairing	Yes	No	2.1%	4.0%	0.7%	2.5%	1.5%	0.8%	2.4%	17 of 20	0.9
336612	Boat building	Yes	Yes	11.1%	7.7%	2.5%	4.8%	4.1%	3.2%	2.9%	20 of 20	3.9
336991	Motorcycle, bicycle, and parts mfg	Yes	Yes	5.4%	2.7%	2.4%	5.9%	4.4%	2.4%	1.7%	14 of 19	3.2
336999	All other transportation equipment mfg	Yes	Yes	6.4%	3.5%	-0.1%	1.3%	1.1%	0.6%	0.5%	14 of 19	11.6
337000	Furniture & related product mfg.	Yes	Yes	7.4%	10.9%	1.6%	4.7%	3.9%	2.4%	2.1%	20 of 20	3.6
337110	Wood kitchen cabinet and countertop mfg	Yes	Yes	10.8%	13.7%	2.8%	5.9%	4.5%	3.5%	2.5%	19 of 20	4.3
337121	Upholstered household furniture mfg	Yes	Yes	9.9%	16.1%	1.1%	5.8%	4.3%	2.7%	2.3%	19 of 20	4.3
337122	Nonupholstered wood household furniture mfg	Yes	Yes	6.5%	12.0%	1.5%	5.0%	3.4%	2.6%	2.4%	20 of 20	2.7
337124	Metal household furniture mfg	Yes	No	-2.3%	26.6%	-7.5%	11.5%	6.5%	4.2%	2.9%	13 of 20	-0.8
337125	Household furniture, except wood or metal, mfg	Yes	Yes	6.7%	13.3%	0.9%	5.4%	4.3%	2.7%	2.5%	19 of 20	2.7
337127	Institutional furniture mfg	Yes	Yes	12.5%	12.5%	1.9%	5.5%	4.8%	2.9%	2.7%	18 of 20	4.7
337211	Wood office furniture mfg	Yes	Yes	11.7%	10.7%	0.6%	4.6%	3.7%	2.6%	2.0%	20 of 20	5.7
337212	Custom architectural woodwork and millwork	Yes	Yes	10.8%	13.7%	2.8%	5.9%	4.5%	3.5%	2.5%	19 of 20	4.3
337214	Office furniture, except wood, mfg	Yes	Yes	12.4%	13.1%	3.0%	5.8%	5.6%	3.0%	2.9%	17 of 20	4.3
337215	Showcases, partitions, shelving, and lockers mfg	Yes	Yes	11.2%	15.8%	2.4%	7.7%	4.6%	3.4%	2.8%	18 of 20	4.1
337910	Mattress mfg	Yes	No	0.5%	2.6%	1.1%	2.3%	3.8%	2.1%		14 of 19	0.2
337920	Blind and shade mfg	Yes	Yes	32.0%	11.1%	2.2%	5.3%	3.3%	2.5%	2.1%	16 of 20	15.6
339110	Medical equipment & supplies mfg.	Yes	Yes	4.0%	1.3%	1.1%	1.3%	1.2%	1.0%	1.1%	20 of 20	3.5
339112	Surgical and medical instrument mfg	Yes	Yes	3.6%	0.5%	1.1%	0.4%	0.4%	0.5%	0.6%	14 of 20	6.3
339113	Surgical appliance and supplies mfg	Yes	Yes	4.5%	2.9%	0.4%	1.7%	1.4%	0.9%	1.1%	18 of 20	4.0
339114	Dental equipment and supplies mfg	Yes	No	3.3%	-1.4%	5.2%	5.1%	4.6%	3.5%	4.2%	20 of 20	0.8
339115	Ophthalmic goods mfg	Yes	Yes	4.7%	2.8%	1.5%	1.9%	2.1%	1.3%	1.4%	17 of 20	3.3
339900	Other miscellaneous mfg.	Yes	Yes	13.2%	8.7%	2.1%	5.4%	4.0%	2.2%	2.3%	18 of 20	5.8
339910	Jewelry and silverware mfg	Yes	Yes	8.3%	2.0%	6.7%	3.8%	2.4%	1.1%	3.1%	15 of 20	2.7
339920	Sporting and athletic goods mfg	Yes	Yes	15.0%	15.1%	-0.7%	7.4%	4.1%	2.4%	1.5%	14 of 20	9.8
339930	Doll, toy, and game mfg	Yes	Yes	4.5%	6.0%	1.7%	2.7%	1.9%	1.6%	1.6%	17 of 20	2.8
339940	Office supplies, except paper, mfg	Yes	Yes	19.5%	10.8%	0.6%	4.1%	3.7%	2.5%	2.3%	17 of 20	8.5
339950	Sign mfg	Yes	Yes	15.8%	7.8%	0.7%	3.2%	3.4%	2.2%	1.6%	17 of 20	9.9
339991	Gasket, packing, and sealing device mfg	Yes	Yes	7.6%	6.7%	1.7%	3.0%	2.4%	1.8%	2.1%	19 of 20	3.7
339992	Musical instrument mfg	Yes	Yes	7.6%	7.5%	1.1%	3.0%	3.0%	2.6%	2.2%	18 of 20	3.4
339993	Fastener, button, needle, and pin mfg	Yes	Yes	6.4%	12.6%	0.6%	4.8%	3.3%	2.4%	3.3%	18 of 20	1.9
339994	Broom, brush, and mop mfg	Yes	Yes	6.7%	6.3%	0.4%	4.8%	3.1%	2.2%	2.2%	20 of 20	3.0
339995	Burial casket mfg	Yes	Yes	6.7%	11.0%	-0.5%	5.4%	4.4%	3.9%	4.6%	19 of 20	1.5
339999	All other miscellaneous mfg	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
423100	Motor vehicle and parts merchant wholesalers	Yes	Yes	4.6%	4.6%	0.7%	1.7%	1.4%	1.3%	1.0%	17 of 20	4.5
423200	Furniture & home furnishing	Yes	Yes	6.7%	13.3%	0.9%	5.4%	4.3%	2.7%	2.5%	19 of 20	2.7
423300	Lumber & other construction materials	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
423400	Professional & commercial equipment & supplies	Yes	Yes	8.8%	7.1%	1.0%	3.2%	2.6%	1.5%	1.2%	16 of 20	7.6
423500	Metal and mineral (except petroleum) merchant wholesalers	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
423600	Household appliances and electrical and electronic goods merchant wholesalers	Yes	Yes	6.4%	8.3%	1.9%	4.4%	3.7%	1.9%	1.3%	13 of 20	4.9
423700	Hardware, plumbing, and heating equipment and supplies merchant wholesalers	Yes	Yes	4.9%	17.5%	1.8%	6.6%	5.0%	2.9%	2.8%	18 of 20	1.8
423800	Machinery and supply merchant wholesalers	Yes	Yes	8.8%	7.1%	1.0%	3.2%	2.6%	1.5%	1.2%	16 of 20	7.6
423900	Miscellaneous durable goods, except recyclable material, merchant wholesalers	Yes	Yes	8.8%	7.1%	1.0%	3.2%	2.6%	1.5%	1.2%	16 of 20	7.6
423910	Sporting & recreational goods & supplies	Yes	Yes	15.0%	15.1%	-0.7%	7.4%	4.1%	2.4%	1.5%	14 of 20	9.8
423920	Toy & hobby goods & supplies	Yes	Yes	4.5%	6.0%	1.7%	2.7%	1.9%	1.6%	1.6%	17 of 20	2.8
423930	Recyclable materials	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
423940	Jewelry, watch, precious stone & precious metals	Yes	Yes	8.3%	2.0%	6.7%	3.8%	2.4%	1.1%	3.1%	15 of 20	2.7
423990	Other miscellaneous durable goods	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
424100	Paper and paper product merchant wholesalers	Yes	Yes	8.2%	18.6%	1.6%	4.9%	4.2%	2.3%	2.8%	15 of 20	2.9
424200	Drugs and druggists' sundries merchant wholesalers	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
424210	Drugs & druggists' sundries	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
424300	Apparel and piece goods merchant wholesalers	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
424400	Grocery and related product merchant wholesalers	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
424500	Farm product raw material merchant wholesalers	Yes	Yes	25.0%	23.9%	3.1%	8.0%	6.8%	1.5%	4.0%	14 of 20	6.3
424600	Chemicals and allied products merchant wholesalers	Yes	No	4.0%	22.9%	0.7%	6.4%	5.5%	2.6%	4.5%	17 of 20	0.9
424700	Petroleum and petroleum products merchant wholesalers	Yes	Yes	39.9%	57.4%	-15.3%	11.8%	10.8%	-1.0%	7.7%	13 of 20	5.2
424800	Beer, wine, and distilled alcoholic beverage merchant wholesalers	Yes	Yes	6.3%	-0.4%	1.9%	0.5%	1.1%	1.0%	1.7%	18 of 20	3.8
424900	Miscellaneous nondurable goods merchant wholesalers	Yes	Yes	8.4%	21.1%	0.6%	6.4%	5.1%	2.5%	3.2%	17 of 20	2.6
424910	Farm supplies	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
424920	Books, periodicals & newspapers	Yes	Yes	13.5%	9.5%	1.5%	4.5%	3.2%	1.7%		12 of 13	8.0
424930	Flower, nursery stock & florists' supplies	Yes	Yes	20.3%	7.4%	0.7%	11.9%	8.7%	4.6%	3.2%	19 of 20	6.4
424940	Tobacco & tobacco products	Yes	Yes	11.2%	7.7%	6.4%	6.8%	6.3%	5.5%	4.3%	18 of 20	2.6
424950	Paint, varnish & supplies	Yes	Yes	19.9%	13.9%	1.4%	6.0%	5.1%	2.7%	3.9%	17 of 20	5.1
424990	Other miscellaneous nondurable goods	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
425120	Wholesale trade agents and brokers	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
429930	Material recyclers	Yes	No	-6.9%	43.3%	6.7%	13.6%	10.7%	4.1%	5.1%	13 of 20	-1.4
441110	New car dealers	Yes	Yes	6.2%	3.5%	-0.2%	1.0%	0.9%	1.6%	0.9%	15 of 20	6.7
441120	Used car dealers	Yes	Yes	6.2%	3.5%	-0.2%	1.0%	0.9%	1.6%	0.9%	15 of 20	6.7
441210	Recreational vehicle dealers (including motor home & travel trailer dealers)	Yes	Yes	7.9%	21.7%	3.9%	9.1%	7.0%	4.6%	3.6%	19 of 20	2.2
441222	Boat dealers	Yes	Yes	11.1%	7.7%	2.5%	4.8%	4.1%	3.2%	2.9%	20 of 20	3.9
441228	Motorcycle, ATV & all other motor vehicle dealers	Yes	Yes	2.4%	0.0%	-0.1%	0.2%	0.3%		0.7%	11 of 15	3.4
441300	Automotive parts, accessories & tire stores	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
441310	Automotive parts and accessories stores	Yes	Yes	3.5%	5.3%	0.8%	1.7%	1.5%	0.8%	0.9%	15 of 20	3.8
441320	Tire dealers	Yes	Yes	14.8%	8.1%	0.3%	2.9%	2.4%	0.3%	2.8%	15 of 20	5.3
442110	Furniture stores	Yes	Yes	6.7%	13.3%	0.9%	5.4%	4.3%	2.7%	2.5%	19 of 20	2.7
442200	Home furnishings stores	Yes	Yes	7.4%	10.9%	1.6%	4.7%	3.9%	2.4%	2.1%	20 of 20	3.6
442210	Floor covering stores	Yes	No	-0.2%	7.4%	0.3%	2.5%	2.8%	1.7%	2.5%	15 of 20	-0.1
443100	Electronics and appliance stores	Yes	Yes	7.4%	10.9%	1.6%	4.7%	3.9%	2.4%	2.1%	20 of 20	3.6
443141	Household appliance stores	Yes	Yes	6.4%	8.3%	1.9%	4.4%	3.7%	1.9%	1.3%	13 of 20	4.9
443142	Electronics stores (including audio, video, computer & camera stores)	No	No	7.0%	8.8%	0.8%	3.9%	2.3%	1.0%	-0.9%	9 of 20	-7.4
444100	Building materials and supplies dealers	Yes	No	-1.9%	16.4%	16.1%	10.2%	7.3%	5.0%	3.2%	14 of 20	-0.6
444110	Home centers	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
444120	Paint & wallpaper stores	Yes	Yes	19.9%	13.9%	1.4%	6.0%	5.1%	2.7%	3.9%	17 of 20	5.1
444130	Hardware stores	Yes	Yes	4.9%	17.5%	1.8%	6.6%	5.0%	2.9%	2.8%	18 of 20	1.8
444190	Other building materials dealers	Yes	No	-8.9%	13.6%	60.7%	22.5%	12.5%	8.5%	5.6%	11 of 20	-1.6
444200	Lawn & garden equipment & supplies stores	Yes	Yes	8.4%	5.3%	0.7%	2.5%	2.1%	1.2%	1.0%	15 of 20	8.7
444220	Nursery, garden, and farm supply stores	Yes	Yes	20.3%	7.4%	0.7%	11.9%	8.7%	4.6%	3.2%	19 of 20	6.4
445100	Grocery stores (including supermarkets & convenience stores without gas)	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
445110	Supermarkets and other grocery stores	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
445200	Specialty food stores	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
445210	Meat markets	Yes	No	-0.4%	20.0%	2.7%	9.2%	4.8%	2.7%	3.3%	15 of 20	-0.1
445220	Fish & seafood markets	Yes	No	-11.0%	36.3%	-0.5%	13.1%	7.1%	5.2%	5.1%	13 of 20	-2.1
445230	Fruit & vegetable markets	Yes	Yes	55.3%	9.4%	-4.5%	-5.5%	5.6%	3.4%	3.2%	14 of 20	17.3
445290	Other specialty food stores	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
445310	Beer, wine, and liquor stores	Yes	Yes	6.3%	-0.4%	1.9%	0.5%	1.1%	1.0%	1.7%	18 of 20	3.8
446110	Pharmacies and drug stores	Yes	No	2.2%	1.3%	1.8%	1.8%	3.3%	5.4%	5.2%	20 of 20	0.4
446120	Cosmetics, beauty supplies & perfume stores	Yes	Yes	6.4%	1.8%	-0.2%	0.9%	1.0%	1.1%	1.1%	17 of 20	6.0
446130	Optical goods stores	Yes	Yes	4.7%	2.8%	1.5%	1.9%	2.1%	1.3%	1.4%	17 of 20	3.3
446190	Other health & personal care stores	Yes	Yes	6.4%	1.8%	-0.2%	0.9%	1.0%	1.1%	1.1%	17 of 20	6.0
446191	Food (health) supplement stores	Yes	Yes	5.3%	1.3%	0.1%	0.7%	1.0%	1.8%	1.7%	19 of 20	3.2
447100	Gasoline stations (including convenience stores with gas)	Yes	Yes	17.1%	67.0%	-23.1%	13.6%	8.3%	-1.7%	7.1%	13 of 20	2.4
448100	Clothing stores	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
448110	Men's clothing stores	Yes	Yes	11.3%	2.1%	0.6%	1.6%	1.4%	1.1%		14 of 19	10.6
448120	Women's clothing stores	Yes	Yes	0.4%	4.2%	-4.7%	-0.4%	0.8%	0.4%		13 of 19	1.0
448130	Children's & infants' clothing stores	Yes	Yes	11.3%	2.1%	0.6%	1.6%	1.4%	1.1%		14 of 19	10.6
448140	Family clothing stores	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
448150	Clothing accessories stores	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
448190	Other clothing stores	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
448210	Shoe stores	Yes	Yes	3.3%	3.1%	1.1%	1.5%	1.0%	1.2%	0.9%	15 of 20	3.5
448310	Jewelry stores	Yes	Yes	8.3%	2.0%	6.7%	3.8%	2.4%	1.1%	3.1%	15 of 20	2.7
448320	Luggage & leather goods stores	Yes	Yes	4.3%	3.0%	1.1%	1.8%	1.7%	2.1%	1.6%	20 of 20	2.6
451110	Sporting goods stores	Yes	Yes	15.0%	15.1%	-0.7%	7.4%	4.1%	2.4%	1.5%	14 of 20	9.8
451120	Hobby, toy & game stores	Yes	Yes	4.5%	6.0%	1.7%	2.7%	1.9%	1.6%	1.6%	17 of 20	2.8
451130	Sewing, needlework & piece goods stores	Yes	Yes	6.4%	12.6%	0.6%	4.8%	3.6%	2.2%	3.1%	18 of 20	2.0
451140	Musical instrument & supplies stores	Yes	Yes	7.6%	7.5%	1.1%	3.0%	3.0%	2.6%	2.2%	18 of 20	3.4
451211	Book stores	Yes	Yes	23.4%	11.8%	2.2%	5.3%	3.7%	2.7%		11 of 15	8.8
451212	News dealers & newsstands	Yes	Yes	13.5%	9.5%	1.5%	4.5%	3.2%	1.7%		12 of 13	8.0
452000	General merchandise stores	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
452210	Department stores	Yes	Yes	4.7%	3.9%	-1.8%	0.9%	1.3%	0.9%	0.8%	15 of 20	5.7
452310	Other general merchandise stores	Yes	Yes	8.4%	21.1%	0.6%	6.4%	5.1%	2.5%	3.2%	17 of 20	2.6
453110	Florists	Yes	Yes	20.3%	7.4%	0.7%	11.9%	8.7%	4.6%	3.2%	19 of 20	6.4
453200	Office supplies, stationery, and gift stores	Yes	Yes	19.5%	10.8%	0.6%	4.1%	3.7%	2.5%	2.3%	17 of 20	8.5
453210	Office supplies & stationery stores	Yes	Yes	19.5%	10.8%	0.6%	4.1%	3.7%	2.5%	2.3%	17 of 20	8.5
453220	Gift, novelty & souvenir stores	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
453310	Used merchandise stores	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
453910	Pet & pet supplies stores	Yes	Yes	13.9%	7.6%	0.7%	3.8%	2.7%	2.3%	3.2%	19 of 20	4.4
453920	Art dealers	Yes	Yes	20.3%	7.4%	0.7%	11.9%	8.7%	4.6%	3.2%	19 of 20	6.4
453930	Manufactured (mobile) home dealers	Yes	Yes	6.8%	30.1%	8.6%	15.4%	11.0%	6.8%	5.2%	20 of 20	1.3
453990	All other miscellaneous store retailers (including tobacco, candle & trophy shops)	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD
454110	Electronic shopping and mail-order houses	Yes	Yes	16.1%	11.9%	1.4%	7.0%	5.4%	2.9%	2.2%	16 of 20	7.2
454210	Vending machine operators	Yes	Yes	10.7%	10.4%	2.0%	4.9%	3.2%	1.7%	2.8%	17 of 20	3.8
454310	Fuel dealers	Yes	Yes	17.1%	67.0%	-23.1%	13.6%	8.3%	-1.7%	7.1%	13 of 20	2.4
454390	Other direct selling establishments	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD	TBD

Past & Present Inflation

2022 Inflation Environment & Historical Comparisons – BLS PPI

2022 Inflation Environment & Historical Comparisons – BLS CPI

Why Adopt LIFO in 2022?

2022 inflation will likely be well or far above historical averages in many industries, which will create some of the best LIFO tax deferral/savings opportunities seen in 4-5 decades.
When compared to a normal inflation period, many years worth of LIFO tax benefits can be obtained in a single year by electing in 2022
One of the best possible times to elect LIFO is in a year with above-average or record high inflation because it greatly increases the probability of the year one LIFO reserve being much larger than the sum of any future LIFO recapture (taxable income) that could potentially be created during deflationary periods. See example below.

LIFO Election Requirements & Disclaimers

Election Requirements
- LIFO Conformity Rule: Must value inventory using LIFO on financial statements beginning with the same period LIFO is elected & reported on the tax return. Amount initially reported on financial statement DOES NOT NEED TO BE THE FINAL figure & CAN BE AN ESTIMATED FIGURE CALCULATED PRIOR TO YEAR END (although financial statements must show inventory & income reported under LIFO, disclosures can be made in notes to financial statements to present amounts such as ending inventory and income using non-LIFO method for comparative purposes)
- Election scope or the goods to be valued under LIFO for tax purposes can not be greater than inventories valued under LIFO for financial reporting (can have more goods on LIFO for book than for tax, but not vice versa)
- Must take NON-LIFO reserves into income over 4-year period beginning with year of election. Examples include:
  - Lower of cost or market reserve
  - Slow-moving/obsolete reserve
  - Arbitrary write-downs other than shrink
- Must stay on LIFO for five years prior to being allowed to automatically terminate election (must pay $12K users fee & complete change prior to year end if terminating LIFO election less than five years before original year of adoption)
Disclaimers
- Portions or all of LIFO reserve may be taken back into income if the following occurs:
  - Portion of LIFO reserve may be taken back into income in periods where one or both of the following occurs:
    - Deflation
    - Material inventory liquidations (for example, a 50% decrease in the current vs. prior year’s ending inventory balance at cost)
  - All of LIFO reserve will be taken back into income over 4 years when either of the following occurs:
    - C to S Corp conversions
    - Business asset sales

Why Perform Analysis or Review?

Election Benefit Analysis (for companies not on LIFO, but considering adoption)
- Thorough LIFO Due diligence should be considered essential
- Failing to perform thorough LIFO due diligence can lead to the following:
  - Materially lower tax benefits being obtained in the long-term as a result of selecting suboptimal methods
  - Impermissible methods unknowingly being used & audit risk being created
  - Utilizing methods that are more error-prone or burdensome than simpler, less time-intensive alternatives
  - Higher likelihood of eventually terminating LIFO election due to lack of benefits and/or excessive administrative costs/resources
- Outsourcing due diligence work to a LIFO subject matter expert ensures the following:
  - Historical inflation studied to predict long-term impact of LIFO to illustrate potential future benefits & risks
  - All method alternatives are considered & best practices are considered/employed
  - Best possible tax answer is achieved while ensuring compliance
  - Responsibilities & requirements incident to electing are clearly defined
Review (for companies already on LIFO)
- The majority of calculations & methods we review either contain errors, have compliance issues or utilize suboptimal methods
- Most compliance issues & suboptimal methods usage results from a lack of thorough due diligence being performed at the time of election
- Very few CPA firms have software to quickly automate LIFO calculations, confirm calculation accuracy & easily identify errors
- No CPA firm other than LIFOPro works exclusively with LIFO 100% of the time, meaning that they’re unable to provide thorough due diligence
- Obtaining a review from a LIFO subject matter expert ensures the following:
  - Calculation errors that had gone undetected for many years are identified & prevented from occurring in the future
  - Compliance issues & suboptimal methods usage are identified and best practices feedback & recommendations are provided
  - Strategies for reducing or eliminating IRS audit risk are provided

Complimentary Offerings

Companies not on LIFO: LIFO Election Benefit Analysis
- Comprehensive LIFO election case study packaged in the form of a PDF report containing the following:
  - Election year estimated tax LIFO benefits, including comparisons between internal vs. external inflation measurement source
  - 20 year pro forma IPIC LIFO calculation using Bureau of Labor Statistics Consumer/Producer Price Indexes to determine inflation frequency, long-term historical average annual inflation rate & whether a company is a good LIFO candidate
  - Election recommendations including which submethods should be used
  - How LIFO Works appendix covering all the essentials
  - LIFOPro also provides turnkey outsourcing solution fee quote showing election year & recurring costs
  - Sample LIFO Election Benefit Analysis Report
Companies on LIFO: Calculation, Methods & Best Practices Review
- Comprehensive calculation review & guide packaged in the form of a PDF report containing the following:
  - Calculation review
  - Methods review
  - Best practices feedback, including:
    - Optimization strategies & tax deferral maximization opportunities
    - Errors & IRS audit risk areas identified
    - Strategies for reducing IRS audit risk and/or obtaining audit protection
    - Recommendations & implementation steps provided for applying recommended changes
    - Same LIFOPro report package provided to outsourcing clients & fee quote also provided in addition to review report
    - Companies can also receive complimentary LIFOPro software trial
    - Sample LIFO Calculation, Methods & Best Practices Review Report

Why Outsource LIFO or License LIFO Software?

In-house calculations made WITHOUT software
- Inflation calculation can be very complex when performed in spreadsheets
- Important steps may be overlooked or left out altogether when manually performed in-house, such as:
- Including new items in calculation ensure compliance or reconstructing new item cost to avoid inflation dilution that’d otherwise occur
- Performing inflation calculation reasonableness testing, setting criteria for identifying inflation outliers & establishing standard procedures for handling outliers
- Uniform BLS category assignment to new items to ensure the same BLS indexes are applied to similar new vs. preexisting items
- Calculating layers & decrements can be complex because it’s unknown whether there’ll be an increment or decrement in any given year & different math steps are required to calculate an increment vs. decrement(s)
- Calculation errors become more inevitable the longer you’ve been on LIFO as decades worth of LIFO layers accumulate
Outsourced calculations or those made in-house WITH software
- Make being on LIFO as simple as possible with outsourcing & minimize time spent on LIFO in-house with software
- Reduces control & detection risk since all aspects of the calculation is automated using LIFOPro software
- Simplifies audit procedures by providing comprehensive, user-friendly documentation
- CPA firms & companies can rely on LIFOPro to serve as their LIFO subject matter expert rather than having to develop & maintain in-house expertise
- Guarantee calculation accuracy & eliminate IRS audit risk
- Easily obtain interim estimates to focus on forecasting & planning
- Avoid getting bogged down with compliance work & getting hit with big LIFO surprises at year end
All of LIFOPro’s offerings come with the assurance of a SOC 1 Type II Report

Turnkey Outsourcing Solutions

Features
- All tasks related to LIFO calculation & documentation outsourced to & managed by LIFOPro, including:
  - BLS category assignments (if applicable)
  - Inflation calculation, including new item cost reconstruction, exceptions & outlier analysis
  - LIFO reserve calculation
  - LIFO calculation documentation & storage
  - LIFOPro report package preparation
  - All clients receive LIFOPro report package electronically containing comprehensive calculation documentation, including summary amounts required to record LIFO-related accounting entries & tax return line items
  - Clients using external indexes (IPIC method) receive up to three interim estimates at no additional cost (using prior year product mix & year to date BLS inflation rates)
  - Flexible engagement structures to include supplemental services
  - Includes up to 40 hours of audit support
Benefits
- Make being on LIFO as simple as possible
- Simplifies audit procedures for companies & auditors by providing them with comprehensive, standardized documentation
- Increase transparency & understandability by converting many years worth of files & documentation into a single user-friendly LIFO report package containing comprehensive documentation
- Eliminate error-prone Excel spreadsheets, guarantee calculation accuracy & eliminate audit risk
- Free up time to focus on LIFO forecasting & planning by eliminating time spent preparing/documenting calculation

Turnkey Outsourcing Solutions Process Flow: First Year

Turnkey Outsourcing Solutions Process Flow: Recurring Annual Calculation Services

Actionable Items

Get a complimentary LIFO Election Benefit Analysis to obtain the estimated tax benefits from electing LIFO this year
Comprehensive case study covering all rewards/risks of LIFO that’s customized for your company & includes the following:
- Current year estimated tax savings from LIFO, including pro forma internal vs. external index comparisons
- 20 year pro forma calculation showing inflation frequency, historical average annual inflation rates & LIFO reserve
- Election & Submethods recommendations
See sample LIFO Election Benefit Analysis report here: Sample LIFO Election Benefit Analysis Report
How to get started
- Schedule complimentary LIFO discovery call to learn more about LIFO, our analysis process & outsourcing engagements: Schedule LIFO Discovery Call
- Submit LIFO Election Benefit Analysis Request Form online: LIFO Election Benefit Analysis Request Form
Required LIFO election benefit analysis documentation:
- Current and/or prior period’s item detail reports (Also known as stock status or inventory valuation report)
- Learn more on our website: LIFO Election Benefit Analysis
- Download document request here: LIFO Benefit Analysis Document Request
Alternatively, you may email your benefit analysis request/documentation to lifopro@lifopro.com
LIFOPro will email you analysis report & outsourcing fee quote within one week of receiving above documentation & will offer to schedule a call to discuss analysis results, outsourcing fee quote, implementation steps & engagement options
LIFOPro can expedite analysis as needed to accommodate incorporating estimated LIFO figure into year end financial statement
LIFOPro has turnkey solutions to make being on LIFO as simple as possible. Learn more: LIFOPro’s Offerings

How LIFO Works: A Beginner’s Guide to LIFO