Number of Industrial Machinery and Equipment Merchant Wholesalers Businesses in the US (2000–2023)
As of 2023
33,683
industrial machinery and equipment merchant wholesalers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The industrial machinery and equipment merchant wholesalers industry has declined 30.2% since 2000 (from 48,281 to 33,683 firms).
- •The peak year was 2000 with 48,281 firms.
- •Recent trend (last 5 years): the industry is shrinking (-7.7%).
- •Employment: 791,190 workers in 2023 (3.9% change since 2000).
- •Estimated 5-year survival rate: 74%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 33,683 | 51,621 | 791,190 | 5.0% | 5.9% | +3.6% |
| 2022 | 34,502 | 52,168 | 764,457 | 5.3% | 7.0% | +3.0% |
| 2021 | 35,059 | 52,999 | 748,522 | 5.3% | 6.2% | -4.1% |
| 2020 | 35,721 | 53,363 | 780,731 | 4.6% | 5.8% | -0.4% |
| 2019 | 36,490 | 53,931 | 784,909 | 4.9% | 5.6% | +2.8% |
| 2018 | 37,134 | 54,307 | 761,872 | 4.5% | 6.2% | +1.5% |
| 2017 | 38,188 | 55,660 | 753,869 | 5.3% | 6.7% | -1.5% |
| 2016 | 38,010 | 55,927 | 761,714 | 5.2% | 5.6% | -0.9% |
| 2015 | 38,388 | 56,012 | 770,283 | 5.3% | 5.3% | +2.2% |
| 2014 | 38,674 | 55,932 | 757,841 | 5.2% | 5.6% | +3.0% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.