Number of Structural Steel and Precast Concrete Contractors Businesses in the US (2000–2023)
As of 2023
88,283
structural steel and precast concrete contractors businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The structural steel and precast concrete contractors industry has declined 6.1% since 2000 (from 94,025 to 88,283 firms).
- •The peak year was 2006 with 98,457 firms.
- •Recent trend (last 5 years): the industry is growing (+9.5%).
- •Employment: 947,903 workers in 2023 (-6.2% change since 2000).
- •Estimated 5-year survival rate: 54%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 88,283 | 89,817 | 947,903 | 12.7% | 11.5% | +2.4% |
| 2022 | 87,220 | 88,670 | 924,041 | 14.0% | 11.1% | +1.8% |
| 2021 | 84,238 | 85,514 | 906,677 | 14.1% | 10.6% | -1.0% |
| 2020 | 81,397 | 82,521 | 914,863 | 12.7% | 11.7% | +2.0% |
| 2019 | 80,609 | 81,654 | 895,707 | 13.2% | 10.9% | +0.9% |
| 2018 | 78,539 | 79,519 | 886,860 | 12.8% | 10.7% | +4.2% |
| 2017 | 76,932 | 77,873 | 851,893 | 12.6% | 11.2% | +2.9% |
| 2016 | 75,298 | 76,203 | 815,455 | 14.2% | 10.4% | +6.7% |
| 2015 | 71,593 | 72,419 | 757,576 | 14.0% | 11.2% | +6.4% |
| 2014 | 69,567 | 70,305 | 709,401 | 13.4% | 12.7% | +4.9% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.