Number of Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance Businesses in the US (2000–2023)
As of 2023
18,668
commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The commercial and industrial machinery and equipment (except automotive and electronic) repair and maintenance industry has declined 10.4% since 2000 (from 20,832 to 18,668 firms).
- •The peak year was 2002 with 21,038 firms.
- •Recent trend (last 5 years): the industry is growing (+2.4%).
- •Employment: 220,226 workers in 2023 (12.0% change since 2000).
- •Estimated 5-year survival rate: 66%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 18,668 | 20,747 | 220,226 | 10.0% | 7.9% | +5.2% |
| 2022 | 18,377 | 20,319 | 208,886 | 9.7% | 8.5% | +4.1% |
| 2021 | 17,967 | 19,857 | 198,372 | 8.5% | 8.7% | -4.2% |
| 2020 | 17,992 | 19,819 | 206,888 | 7.5% | 8.8% | +0.4% |
| 2019 | 18,236 | 20,007 | 204,463 | 8.0% | 8.3% | +1.7% |
| 2018 | 18,244 | 20,079 | 201,568 | 8.4% | 7.8% | +1.5% |
| 2017 | 18,160 | 19,968 | 199,394 | 7.7% | 8.5% | +1.2% |
| 2016 | 18,173 | 19,989 | 197,316 | 8.7% | 8.0% | -0.4% |
| 2015 | 18,127 | 20,023 | 209,293 | 8.2% | 8.1% | -0.0% |
| 2014 | 17,987 | 19,949 | 207,701 | 8.8% | 7.8% | +1.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.