Number of All Other Miscellaneous Electrical Equipment and Component Manufacturing Businesses in the US (2000–2023)
As of 2023
1,750
all other miscellaneous electrical equipment and component manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The all other miscellaneous electrical equipment and component manufacturing industry has declined 6.3% since 2000 (from 1,867 to 1,750 firms).
- •The peak year was 2002 with 1,897 firms.
- •Recent trend (last 5 years): the industry is growing (+4.1%).
- •Employment: 152,015 workers in 2023 (-24.4% change since 2000).
- •Estimated 5-year survival rate: 77%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 1,750 | 2,080 | 152,015 | 7.9% | 5.0% | +8.3% |
| 2022 | 1,712 | 2,015 | 140,003 | 7.2% | 6.7% | +7.4% |
| 2021 | 1,675 | 1,963 | 129,296 | 6.0% | 5.9% | -2.7% |
| 2020 | 1,676 | 1,958 | 135,299 | 6.3% | 6.1% | -0.6% |
| 2019 | 1,681 | 1,953 | 136,868 | 6.2% | 6.6% | +1.6% |
| 2018 | 1,687 | 1,964 | 133,801 | 4.9% | 5.8% | +0.8% |
| 2017 | 1,698 | 1,983 | 132,301 | 5.5% | 6.5% | +0.4% |
| 2016 | 1,757 | 2,031 | 135,501 | 4.8% | 6.1% | -0.1% |
| 2015 | 1,780 | 2,050 | 134,088 | 6.3% | 5.8% | +3.1% |
| 2014 | 1,763 | 2,035 | 130,384 | 4.9% | 5.6% | -0.4% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.