Number of Other Fabricated Wire Product Manufacturing Businesses in the US (2000–2023)
As of 2023
836
other fabricated wire product manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The other fabricated wire product manufacturing industry has declined 48.6% since 2000 (from 1,628 to 836 firms).
- •The peak year was 2002 with 1,746 firms.
- •Recent trend (last 5 years): the industry is shrinking (-6.9%).
- •Employment: 35,064 workers in 2023 (-50.8% change since 2000).
- •Estimated 5-year survival rate: 84%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 836 | 1,017 | 35,064 | 5.8% | 3.5% | -0.5% |
| 2022 | 829 | 977 | 34,862 | 3.3% | 5.9% | -0.5% |
| 2021 | 851 | 1,003 | 35,121 | 2.8% | 3.9% | -4.2% |
| 2020 | 865 | 1,018 | 37,147 | 2.2% | 5.3% | -1.5% |
| 2019 | 898 | 1,051 | 37,987 | 2.9% | 4.6% | -1.1% |
| 2018 | 919 | 1,073 | 38,416 | 4.0% | 5.4% | +0.3% |
| 2017 | 951 | 1,100 | 38,474 | 2.3% | 4.8% | -0.7% |
| 2016 | 992 | 1,137 | 38,186 | 2.6% | 3.9% | -2.1% |
| 2015 | 1,017 | 1,154 | 38,843 | 2.6% | 5.5% | +0.6% |
| 2014 | 1,062 | 1,197 | 38,803 | 3.4% | 5.3% | -0.2% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.