Number of Corporate, Subsidiary, and Regional Managing Offices Businesses in the US (2000–2023)
As of 2023
24,211
corporate, subsidiary, and regional managing offices businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The corporate, subsidiary, and regional managing offices industry has declined 14.3% since 2000 (from 28,252 to 24,211 firms).
- •The peak year was 2000 with 28,252 firms.
- •Recent trend (last 5 years): the industry is shrinking (-3.9%).
- •Employment: 3,775,803 workers in 2023 (13.0% change since 2000).
- •Estimated 5-year survival rate: 61%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 24,211 | 47,635 | 3,775,803 | 5.8% | 9.5% | +3.1% |
| 2022 | 24,179 | 49,276 | 3,634,268 | 6.7% | 8.8% | +4.4% |
| 2021 | 24,711 | 50,129 | 3,468,287 | 7.5% | 8.6% | -2.2% |
| 2020 | 25,028 | 50,934 | 3,532,411 | 5.4% | 6.5% | +1.3% |
| 2019 | 25,197 | 51,566 | 3,499,809 | 4.0% | 7.7% | -0.4% |
| 2018 | 25,615 | 53,541 | 3,493,892 | 4.5% | 7.1% | +0.5% |
| 2017 | 26,464 | 55,279 | 3,494,131 | 10.1% | 8.2% | +4.2% |
| 2016 | 26,821 | 54,130 | 3,378,094 | 9.5% | 6.9% | +0.6% |
| 2015 | 26,610 | 52,828 | 3,348,189 | 8.6% | 7.5% | +2.5% |
| 2014 | 26,194 | 52,272 | 3,241,532 | 8.1% | 7.8% | +0.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.