Support Activities for Forestry — Business Survival Rate
An estimated 60% of support activities for forestry businesses survive their first 5 years, based on U.S. Census Bureau Business Dynamics Statistics. The annual business closure rate is 9.7%.
Is Support Activities for Forestry a Good Business to Start?
With a 60% five-year survival rate, support activities for forestry 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 9.7% 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.
Net positive: more businesses opening than closing (+2.3 pp spread).
Job Creation & Destruction
The industry is losing jobs faster than creating them — which may indicate automation, consolidation, or declining demand. Total employment: 15,093 workers across 1,497 firms.
Want to know how much support activities for forestry businesses actually make?
See full revenue benchmarks for Support Activities for Forestry →Frequently Asked Questions
- What percentage of support activities for forestry businesses fail?
- Approximately 40% of support activities for forestry businesses fail within their first 5 years. The annual closure rate is 9.7%, with 131 firms closing permanently in 2023.
- Is the support activities for forestry industry growing or shrinking?
- The support activities for forestry industry is currently shrinking with a net job creation rate of -2.4% per year. New businesses are entering at 12.1% while 9.7% close annually.
Source: U.S. Census Bureau, Business Dynamics Statistics (2023). Survival rate estimated from annual exit rates.