All Other Miscellaneous Fabricated Metal Product Manufacturing — Business Survival Rate

An estimated 72% of all other miscellaneous fabricated metal product manufacturing businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 6.4%.

72%
5-Year Survival Rate
+2.2%
Net Growth Rate
5,286
Total Firms
310
Annual Firm Deaths

Is All Other Miscellaneous Fabricated Metal Product Manufacturing a Good Business to Start?

With a 72% five-year survival rate, all other miscellaneous fabricated metal product manufacturing has an above-average survival rate compared to the national average of roughly 50%. This makes it a relatively safe industry to enter — businesses here tend to find stable demand and sustainable economics.

The annual exit rate of 6.4% is lower than many sectors, suggesting that once established, these businesses have staying power. That said, lower failure rates often correlate with higher barriers to entry or established competition.

Entry vs. Exit Rates

Annual rate of new businesses opening versus existing businesses closing.

Entry Rate (new businesses)7.5%
Exit Rate (closures)6.4%

Net positive: more businesses opening than closing (+1.1 pp spread).

Job Creation & Destruction

10.2%
Job Creation Rate
8.0%
Job Destruction Rate
+2.2%
Net Job Growth

The industry is adding jobs faster than losing them — a positive sign for both workers and new business owners looking to hire. Total employment: 260,634 workers across 5,286 firms.

Want to know how much all other miscellaneous fabricated metal product manufacturing businesses actually make?

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Frequently Asked Questions

What percentage of all other miscellaneous fabricated metal product manufacturing businesses fail?
Approximately 28% of all other miscellaneous fabricated metal product manufacturing businesses fail within their first 5 years. The annual closure rate is 6.4%, with 310 firms closing permanently in 2023.
Is the all other miscellaneous fabricated metal product manufacturing industry growing or shrinking?
The all other miscellaneous fabricated metal product manufacturing industry is currently growing with a net job creation rate of +2.2% per year. New businesses are entering at 7.5% while 6.4% close annually.

Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.