Number of Truss Manufacturing Businesses in the US (2000–2023)
As of 2023
960
truss manufacturing businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The truss manufacturing industry has declined 33.2% since 2000 (from 1,437 to 960 firms).
- •The peak year was 2007 with 1,489 firms.
- •Recent trend (last 5 years): the industry is shrinking (-5.7%).
- •Employment: 84,262 workers in 2023 (-30.5% change since 2000).
- •Estimated 5-year survival rate: 73%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 960 | 1,414 | 84,262 | 5.6% | 6.1% | -3.2% |
| 2022 | 968 | 1,390 | 85,046 | 5.5% | 5.2% | +5.1% |
| 2021 | 982 | 1,384 | 80,160 | 4.8% | 4.9% | +0.6% |
| 2020 | 1,001 | 1,381 | 78,653 | 4.0% | 4.8% | +0.3% |
| 2019 | 1,018 | 1,389 | 77,834 | 3.3% | 4.8% | -1.6% |
| 2018 | 1,040 | 1,409 | 79,103 | 4.0% | 3.9% | +0.8% |
| 2017 | 1,024 | 1,388 | 79,795 | 6.9% | 5.6% | +5.8% |
| 2016 | 1,033 | 1,362 | 75,056 | 5.5% | 4.7% | +4.9% |
| 2015 | 1,038 | 1,352 | 70,065 | 4.6% | 5.2% | +2.4% |
| 2014 | 1,059 | 1,353 | 68,230 | 6.2% | 5.6% | +6.0% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.