Analysis
NAICS 33312 is the 2022 NAICS industry for construction machinery manufacturing, part of 3331 (Agriculture, Construction, and Mining Machinery Manufacturing).
It has only one more detailed code, 333120, which covers exactly the same activities; the definition, index entries and statistics are on that page.
County Business Patterns counts 651 US establishments in this code in 2023, employing 64,700 people at an average annual payroll of $75,407 per employee (62nd percentile of national industries). 22% of the establishments have fewer than five employees, which points to larger operations.
By establishments it ranks 3rd of the 3 codes at this level within Agriculture, Construction, and Mining Machinery Manufacturing, with 23.2% of them.
Between 2018 and 2023 the number of establishments fell 12% and employment rose 1%. The 2018 count used NAICS 2017, so part of a large move can come from codes being redefined rather than from businesses opening or closing.
Official definition
See industry description for 333120.
Source: US Census Bureau, NAICS 2022 Manual.