423430

Analysis

NAICS 423430 is the 2022 national industry for computer and computer peripheral equipment and software merchant wholesalers, part of 42343 (Computer and Computer Peripheral Equipment and Software Merchant Wholesalers). Census lists 30 example activities under it in the official index.

County Business Patterns counts 6,677 US establishments in this code in 2023, employing 193,943 people at an average annual payroll of $143,080 per employee (96th percentile of national industries). 51% of the establishments have fewer than five employees, which is close to the national mix.

Between 2018 and 2023 the number of establishments fell 13% and employment rose 12%. 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.

Its index entries, the activities Census uses to assign businesses to this code, include computer boards, loaded, merchant wholesalers, computer data storage devices merchant wholesalers, computer peripheral equipment merchant wholesalers and computer printers merchant wholesalers, among 30 in all.

For example, merchant wholesale distribution of modems, routers, printed circuit boards, semiconductor devices, and other electronic communications equipment are classified in 423690 (Other Electronic Parts and Equipment Merchant Wholesalers) instead.

Census lists 2 related activities that belong elsewhere, most often in 423690 and 541512. Businesses that do several things are classified by their primary activity, the one that generates the most value, so check those boundaries before settling on this code.