Number of Metal Service Centers and Other Metal Merchant Wholesalers Businesses in the US (2000–2023)
As of 2023
5,960
metal service centers and other metal merchant wholesalers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The metal service centers and other metal merchant wholesalers industry has declined 22.4% since 2000 (from 7,681 to 5,960 firms).
- •The peak year was 2008 with 7,794 firms.
- •Recent trend (last 5 years): the industry is shrinking (-8.9%).
- •Employment: 146,953 workers in 2023 (-12.3% change since 2000).
- •Estimated 5-year survival rate: 78%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 5,960 | 8,420 | 146,953 | 4.7% | 5.0% | +2.8% |
| 2022 | 6,096 | 8,488 | 142,760 | 5.0% | 7.1% | +3.8% |
| 2021 | 6,235 | 8,694 | 140,193 | 4.6% | 6.1% | -7.4% |
| 2020 | 6,355 | 8,821 | 150,961 | 3.8% | 6.1% | -1.1% |
| 2019 | 6,539 | 9,015 | 152,746 | 4.4% | 5.2% | +2.1% |
| 2018 | 6,593 | 9,067 | 149,366 | 4.3% | 5.6% | +0.4% |
| 2017 | 6,707 | 9,195 | 150,177 | 4.7% | 6.9% | +0.0% |
| 2016 | 6,838 | 9,520 | 151,702 | 4.0% | 6.5% | -3.9% |
| 2015 | 7,027 | 9,674 | 157,168 | 4.3% | 6.2% | +2.1% |
| 2014 | 7,179 | 9,850 | 153,322 | 4.1% | 6.2% | +1.2% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.