Number of Cut Stock, Resawing Lumber, and Planing Businesses in the US (2000–2023)
As of 2023
7,671
cut stock, resawing lumber, and planing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The cut stock, resawing lumber, and planing industry has declined 16.7% since 2000 (from 9,204 to 7,671 firms).
- •The peak year was 2002 with 9,514 firms.
- •Recent trend (last 5 years): the industry is shrinking (-3.3%).
- •Employment: 256,069 workers in 2023 (-25.5% change since 2000).
- •Estimated 5-year survival rate: 68%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 7,671 | 8,828 | 256,069 | 8.0% | 7.4% | -4.0% |
| 2022 | 7,644 | 8,818 | 269,336 | 8.9% | 8.3% | +6.8% |
| 2021 | 7,530 | 8,758 | 253,109 | 7.4% | 6.9% | +2.4% |
| 2020 | 7,481 | 8,700 | 246,547 | 7.0% | 8.4% | +0.0% |
| 2019 | 7,930 | 9,095 | 247,257 | 7.4% | 7.8% | +1.5% |
| 2018 | 8,032 | 9,143 | 243,323 | 7.6% | 7.2% | +2.0% |
| 2017 | 8,051 | 9,153 | 237,804 | 9.5% | 7.3% | +4.5% |
| 2016 | 7,846 | 8,860 | 232,543 | 9.4% | 7.4% | +3.6% |
| 2015 | 7,737 | 8,710 | 225,267 | 8.9% | 6.8% | +4.2% |
| 2014 | 7,520 | 8,479 | 217,214 | 8.2% | 7.2% | +2.5% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.