Number of Jewelry and Silverware Manufacturing Businesses in the US (2000–2023)
As of 2023
13,107
jewelry and silverware manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The jewelry and silverware manufacturing industry has declined 23.1% since 2000 (from 17,055 to 13,107 firms).
- •The peak year was 2002 with 18,205 firms.
- •Recent trend (last 5 years): the industry is shrinking (-2.1%).
- •Employment: 257,945 workers in 2023 (-40.1% change since 2000).
- •Estimated 5-year survival rate: 64%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 13,107 | 13,702 | 257,945 | 8.5% | 8.5% | +2.3% |
| 2022 | 13,158 | 13,700 | 252,756 | 9.9% | 8.2% | +5.4% |
| 2021 | 12,783 | 13,336 | 238,486 | 8.4% | 10.5% | -5.7% |
| 2020 | 13,064 | 13,678 | 255,183 | 7.4% | 10.2% | -2.1% |
| 2019 | 13,384 | 14,087 | 263,166 | 8.1% | 9.2% | -1.3% |
| 2018 | 13,458 | 14,296 | 266,419 | 11.1% | 10.2% | +3.8% |
| 2017 | 15,576 | 15,983 | 265,799 | 10.3% | 8.3% | +2.1% |
| 2016 | 15,109 | 15,507 | 263,402 | 9.8% | 7.3% | -0.0% |
| 2015 | 14,754 | 15,129 | 263,285 | 10.7% | 7.9% | +1.9% |
| 2014 | 14,305 | 14,692 | 260,579 | 10.1% | 8.2% | +1.9% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.