NAICS Sector 31 · IRS SOI + Census CBP 2023

Manufacturing

Food Manufacturing alone holds 76% of level-3 employment inside Manufacturing (Herfindahl 0.591, concentrated).

6.5%
Avg net margin
2.3M
Workers
149
Industries
$961.7B
Annual receipts

Manufacturing payroll leans hard on Food Manufacturing: that single 3-digit NAICS holds 76% of level-3 headcount. Sibling lines fill the rest, a concentrated industry mix inside the sector.

Where Manufacturing employment sits

Census CBP level-2 sector rows · California holds 51.2% · top 5 = 171.8%

  1. #1 California 1,157,201
  2. #2 Texas 869,062
  3. #3 Ohio 689,133
  4. #4 Michigan 604,978
  5. #5 Pennsylvania 564,394

Sector ranks #18 of 24 by establishment count.

SBA lending in NAICS 31

FY2020–FY2025 · 7(a)+504 roll-up · #14/24 sectors by loan count

Loans

7,675

Volume

$4.8B

Jobs at origination

105,747

Top lender

The Huntington National Bank

FY2020→FY2025: 997→1436 loans (rising, +439).

CBP payroll per worker: $55/yr · SOI receipts/est $17.3M.

Highest-margin industries in Manufacturing

Pre-tax net margin by sub-industry, IRS Statistics of Income 2023.

Beverage and Tobacco Product…13.7%Apparel Manufacturing5.1%Food Manufacturing4.7%Leather and Allied Product M…4.5%Textile Product Mills3.6%

All Industries in This Sector

Industry Profit Margin
Apparel Manufacturing

NAICS 315

 5.1%
Beverage and Tobacco Product Manufacturing

NAICS 312

 13.7%
Food Manufacturing

NAICS 311

 4.7%
Leather and Allied Product Manufacturing

NAICS 316

 4.5%
Textile Mills

NAICS 313

 2.8%
Textile Product Mills

NAICS 314

 3.6%

Top Profit Margins

Largest Employers

  1. #1 Food Manufacturing 1,707,316
  2. #2 Beverage and Tobacco Product Manufacturing 291,105
  3. #3 Textile Product Mills 96,683
  4. #4 Textile Mills 79,765
  5. #5 Apparel Manufacturing 63,163

Frequently Asked Questions

Which sub-industries dominate Manufacturing employment?
Food Manufacturing leads with 1,707,316 workers (76% of level-3 headcount); next are Beverage and Tobacco Product Manufacturing (291,105) and Textile Product Mills (96,683). Top-3 share is 93%; Herfindahl 0.591 (tight).
Who finances Manufacturing small businesses?
7,675 SBA 7(a)/504 loans totaling $4.8B (FY2020–FY2026); sector loan-count rank #14/24. FY2020→FY2025 loan counts went 997→1436 (rising). Busiest lender on record: The Huntington National Bank.
Where is Manufacturing employment concentrated geographically?
California leads with 1,157,201 workers (51.2% of Census CBP sector headcount); next are Texas (869,062) and Ohio (689,133). Top-5 share is 171.8%. Figures use level-2 sector rows only.
Disclaimer: PlainBizBench provides publicly available IRS and Census data for informational purposes only on NAICS 31 (Manufacturing). This is not financial, tax, or business advice. Consult a qualified accountant or financial advisor for business-specific guidance.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from official public datasets. See our methodology for details. Retrieved and formatted by PlainBizBench

Census CBP 2023 + IRS SOI 2013 for NAICS 31 · SBA 7(a)/504 $4.8B. CSV: sector 31 rows.

Every figure on PlainBizBench is rendered directly from federal source data, no number is typed in by an editor. This page aggregates every industry within this sector, live from the dataset. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

Disclaimer: Public IRS/Census data, not financial or tax advice. See our full disclaimer.