Here are some baking industry statistics and facts covering the commercial bakeries and tortilla manufacturing in the United States. Data comes from the United States Bureau of Labor Statistics (BLM) for businesses classified under NAICS code 3118.
Bakery employment
Employment reached an all-time high in 2019, followed by a 2.7% decline in 2020. Employment was at a recent low point in 2006 when it dropped to 292,700. The most recent peak prior to 2006 was in 1997 when it reached 339,900.
| Year | Employment |
|---|---|
| 2020 | 338,800 |
| 2019 | 347,900 |
| 2018 | 346,900 |
| 2017 | 346,000 |
| 2016 | 328,300 |
| 2015 | 329,500 |
Value of annual production by year
Bakery manufacturing statistics for the annual value of production ($millions) for NAICS 3118, which includes commercial bakeries and tortilla manufacturing. 2019 was an all-time high for annual production value, at $68.6 billion. Data is not seasonally adjusted.
| Year | Annual value of production by year ($millions) |
|---|---|
| 2020 | $66,491.52 |
| 2019 | $68,684.25 |
| 2018 | $67,206.70 |
| 2017 | $67,118.56 |
| 2016 | $68,525.88 |
| 2015 | $67,450.31 |
| 2014 | $66,111.09 |
| 2013 | $63,941.75 |
| 2012 | $61,856.855 |
| 2011 | $59,404.234 |
| 2010 | $56,722.172 |
Bakery annual hours worked
This chart shows annual hours worked for commercial bakeries and tortilla manufacturing companies in the United States. Data is not seasonally adjusted.
| Year | Annual hours worked |
|---|---|
| 2020 | 608,764,000 |
| 2019 | 632,311,000 |
| 2018 | 635,085,000 |
| 2017 | 605,007,000 |
| 2016 | 602,369,000 |
| 2015 | 618,009,000 |
Bakery Producer Price Index (PPI)
The Producer Price Index for bakery manufacturing and tortilla manufacturing companies in the United States, showing the maximum and minimum monthly PPI for the year. Prices in 2021 are through August, 2021 and show a steady rise in the PPI due to shortages of supplies and labor. The PPI was rising steadily from September 2016, until it reached a short-term peak in June 2020. It then dropped to a low point in October 2020 in the middle of the COVID-19 pandemic, when the PPI was at February 2019 levels. It has been rising since then and reached a peak in August 2021 of 153.3, shown in this graph as the maximum peak for 2021 YTD.
| Year | Max PPI | Min PPI |
|---|---|---|
| 2021 | 153.3 | 149.8 |
| 2020 | 151.3 | 149.3 |
| 2019 | 150.3 | 149.1 |
| 2018 | 148.9 | 145.3 |
| 2017 | 145.3 | 143.6 |
| 2016 | 144.3 | 143.2 |
| 2015 | 143.5 | 142.3 |
Bakery productivity
Bakery industry statistics showing productivity as measured by BLS. Productivity has dropped significantly in 2020, from an increase in 2019. The 3.6% drop in productivity is the biggest single-year drop since 1988 when the BLS started tracking productivity changes. The average change in annual productivity 2010-2020 is +0.1%. 2017 saw a significant year-over-year decrease in productivity from 2016.
| Year | Change in annual productivity |
|---|---|
| 2020 | -3.6% |
| 2019 | +1.1% |
| 2018 | -1.8% |
| 2017 | -2.5% |
| 2016 | +0.9% |
| 2015 | +0.5% |
| 2014 | +2.2% |
| 2013 | +1.6% |
| 2012 | +0.8% |
| 2011 | +0.6% |
| 2010 | +1.3% |
Bakery capital costs by year
This chart shows annual capital costs for baking manufacturing and tortilla manufacturing companies from BLS, not seasonally adjusted. 2016 was the biggest year for capital costs on record, dating back to 1987 when BLS started tracking capital costs.
| Year | Capital costs by year ($millions) |
|---|---|
| 2019 | $15,566.058 |
| 2018 | $14,372.10 |
| 2017 | $14,983.29 |
| 2016 | $19,170.62 |
| 2015 | $18,664.78 |
| 2014 | $17,672.11 |
| 2013 | $16,765.98 |
| 2012 | $14,940.30 |
| 2011 | $16,130.23 |
| 2010 | $16,378.83 |