Number of Saw Blade and Handtool Manufacturing Businesses in the US (2000–2023)
As of 2023
870
saw blade and handtool manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The saw blade and handtool manufacturing industry has declined 39.8% since 2000 (from 1,444 to 870 firms).
- •The peak year was 2000 with 1,444 firms.
- •Recent trend (last 5 years): the industry is shrinking (-7.9%).
- •Employment: 32,594 workers in 2023 (-59.4% change since 2000).
- •Estimated 5-year survival rate: 74%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 870 | 972 | 32,594 | 5.4% | 5.8% | -1.3% |
| 2022 | 886 | 981 | 33,277 | 7.6% | 6.8% | +2.6% |
| 2021 | 908 | 998 | 32,373 | 7.8% | 5.8% | -1.6% |
| 2020 | 922 | 999 | 33,114 | 5.4% | 6.7% | -3.9% |
| 2019 | 945 | 1,022 | 34,986 | 5.6% | 5.6% | +2.4% |
| 2018 | 950 | 1,025 | 34,105 | 3.6% | 6.5% | -0.0% |
| 2017 | 1,003 | 1,078 | 34,150 | 5.3% | 6.5% | -1.2% |
| 2016 | 1,029 | 1,104 | 35,036 | 6.0% | 7.6% | -1.0% |
| 2015 | 1,053 | 1,126 | 35,696 | 5.5% | 5.2% | +1.6% |
| 2014 | 1,051 | 1,127 | 35,021 | 4.5% | 5.5% | -2.0% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.