Number of Limousine Service Businesses in the US (2000–2023)
As of 2023
6,136
limousine service businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The limousine service industry has grown 5.6% since 2000 (from 5,809 to 6,136 firms).
- •The peak year was 2015 with 6,888 firms.
- •Recent trend (last 5 years): the industry is shrinking (-5.5%).
- •Employment: 50,778 workers in 2023 (-25.7% change since 2000).
- •Estimated 5-year survival rate: 43%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 6,136 | 6,316 | 50,778 | 23.5% | 15.6% | +8.9% |
| 2022 | 5,706 | 5,877 | 47,475 | 35.1% | 16.9% | +7.9% |
| 2021 | 4,736 | 4,921 | 44,467 | 18.2% | 42.0% | -41.9% |
| 2020 | 6,106 | 6,293 | 68,143 | 15.1% | 20.8% | -5.3% |
| 2019 | 6,496 | 6,694 | 71,876 | 15.9% | 16.3% | -2.1% |
| 2018 | 6,550 | 6,731 | 73,576 | 15.2% | 17.1% | -2.3% |
| 2017 | 6,717 | 6,885 | 75,318 | 15.1% | 17.0% | -2.8% |
| 2016 | 6,828 | 6,992 | 77,580 | 15.7% | 15.9% | -0.2% |
| 2015 | 6,888 | 7,042 | 77,488 | 16.7% | 15.1% | +1.5% |
| 2014 | 6,783 | 6,942 | 76,317 | 16.9% | 12.7% | +3.2% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.