Number of Apparel Accessories and Other Apparel Manufacturing Businesses in the US (20002023)

As of 2023

631

apparel accessories and other apparel manufacturing businesses in the United States

Number of Firms Over Time

4398151K2K2K20002005201020152020Number of Firms

Total Employment Over Time

7K18K29K40K51K20002005201020152020Total Employees

Key Insights

  • The apparel accessories and other apparel manufacturing industry has declined 64.3% since 2000 (from 1,767 to 631 firms).
  • The peak year was 2000 with 1,767 firms.
  • Recent trend (last 5 years): the industry is growing (+23.5%).
  • Employment: 8,680 workers in 2023 (-81.3% change since 2000).
  • Estimated 5-year survival rate: 55%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
20236316438,68015.8%11.1%-0.7%
20225996119,07022.6%10.6%+10.9%
20214945027,83416.9%15.1%-5.4%
20205045118,39712.4%14.2%+1.2%
20195115198,35013.2%11.8%+2.1%
20185065128,10613.0%11.8%-2.6%
20175045118,23511.2%11.0%-6.1%
20164934998,0729.0%13.7%+5.2%
20155345397,81513.7%8.7%-4.6%
20145075138,56013.9%13.7%-0.2%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.