Number of Highway, Street, and Bridge Construction Businesses in the US (2000–2023)
As of 2023
7,566
highway, street, and bridge construction businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The highway, street, and bridge construction industry has declined 27.9% since 2000 (from 10,497 to 7,566 firms).
- •The peak year was 2001 with 10,761 firms.
- •Recent trend (last 5 years): the industry is shrinking (-3.4%).
- •Employment: 315,696 workers in 2023 (6.3% change since 2000).
- •Estimated 5-year survival rate: 72%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 7,566 | 8,339 | 315,696 | 6.4% | 6.4% | +3.0% |
| 2022 | 7,580 | 8,330 | 306,396 | 6.6% | 8.4% | +1.2% |
| 2021 | 7,590 | 8,483 | 302,519 | 6.3% | 6.9% | -3.1% |
| 2020 | 7,745 | 8,630 | 313,141 | 5.7% | 6.7% | +3.3% |
| 2019 | 7,833 | 8,708 | 303,746 | 6.3% | 6.2% | +1.2% |
| 2018 | 7,817 | 8,678 | 300,602 | 5.8% | 6.3% | +2.3% |
| 2017 | 7,860 | 8,713 | 294,158 | 5.7% | 6.9% | +4.1% |
| 2016 | 7,937 | 8,767 | 276,244 | 7.0% | 6.9% | +5.5% |
| 2015 | 7,942 | 8,750 | 262,235 | 7.0% | 7.3% | +1.1% |
| 2014 | 7,991 | 8,780 | 260,424 | 7.1% | 8.3% | +2.8% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.