Number of Plate Work Manufacturing Businesses in the US (2000–2023)
As of 2023
12,393
plate work manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The plate work manufacturing industry has grown 12.3% since 2000 (from 11,039 to 12,393 firms).
- •The peak year was 2007 with 12,606 firms.
- •Recent trend (last 5 years): the industry is growing (+5.3%).
- •Employment: 419,458 workers in 2023 (1.4% change since 2000).
- •Estimated 5-year survival rate: 73%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 12,393 | 13,626 | 419,458 | 6.0% | 6.0% | +2.9% |
| 2022 | 12,366 | 13,533 | 405,812 | 6.9% | 6.2% | +3.4% |
| 2021 | 11,903 | 13,047 | 376,634 | 6.3% | 6.4% | -2.4% |
| 2020 | 11,693 | 12,793 | 384,745 | 5.7% | 6.7% | -0.6% |
| 2019 | 11,768 | 12,838 | 386,170 | 5.6% | 5.9% | +3.3% |
| 2018 | 11,836 | 12,888 | 375,418 | 6.0% | 5.7% | +3.6% |
| 2017 | 11,229 | 12,260 | 359,199 | 6.0% | 5.9% | +0.8% |
| 2016 | 10,951 | 11,918 | 346,659 | 6.5% | 5.2% | +1.5% |
| 2015 | 10,711 | 11,660 | 341,638 | 5.2% | 5.7% | +3.2% |
| 2014 | 10,731 | 11,663 | 331,544 | 5.0% | 5.9% | +1.2% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.