Number of Other Commercial and Service Industry Machinery Manufacturing Businesses in the US (2000–2023)
As of 2023
1,464
other commercial and service industry machinery manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The other commercial and service industry machinery manufacturing industry has declined 34.3% since 2000 (from 2,228 to 1,464 firms).
- •The peak year was 2000 with 2,228 firms.
- •Recent trend (last 5 years): the industry is shrinking (-10.7%).
- •Employment: 80,978 workers in 2023 (-41.5% change since 2000).
- •Estimated 5-year survival rate: 71%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 1,464 | 1,640 | 80,978 | 6.9% | 6.6% | +3.8% |
| 2022 | 1,463 | 1,617 | 76,600 | 5.6% | 8.4% | +8.8% |
| 2021 | 1,505 | 1,645 | 69,401 | 6.1% | 7.9% | -4.5% |
| 2020 | 1,576 | 1,716 | 72,281 | 4.9% | 7.8% | -2.4% |
| 2019 | 1,640 | 1,776 | 74,667 | 5.9% | 6.5% | +2.5% |
| 2018 | 1,659 | 1,789 | 70,653 | 5.8% | 6.8% | +0.7% |
| 2017 | 1,686 | 1,809 | 70,196 | 6.2% | 7.3% | -0.4% |
| 2016 | 1,742 | 1,865 | 73,025 | 5.5% | 6.9% | -2.7% |
| 2015 | 1,783 | 1,909 | 76,925 | 5.8% | 6.7% | +1.7% |
| 2014 | 1,801 | 1,921 | 75,800 | 5.6% | 6.0% | +0.3% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.