Number of Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing Businesses in the US (20002023)

As of 2023

953

radio and television broadcasting and wireless communications equipment manufacturing businesses in the United States

Number of Firms Over Time

8581K1K2K2K20002005201020152020Number of Firms

Total Employment Over Time

65K118K171K224K277K20002005201020152020Total Employees

Key Insights

  • The radio and television broadcasting and wireless communications equipment manufacturing industry has declined 46.4% since 2000 (from 1,777 to 953 firms).
  • The peak year was 2001 with 1,785 firms.
  • Recent trend (last 5 years): the industry is shrinking (-8.1%).
  • Employment: 73,105 workers in 2023 (-68.5% change since 2000).
  • Estimated 5-year survival rate: 65%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
20239531,05873,1055.6%8.4%+1.8%
20229971,09572,3167.7%7.4%-8.1%
20219631,06675,9685.7%7.6%-2.3%
20201,0211,13278,1496.3%7.9%+0.6%
20191,0371,14476,4465.6%7.8%-3.7%
20181,0621,16979,5025.5%7.9%-2.9%
20171,0901,19181,9605.7%9.3%+0.4%
20161,1541,27085,0406.9%7.2%-2.2%
20151,1591,27689,8095.8%7.6%+0.5%
20141,1721,29795,6635.9%9.0%-3.8%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.