42374

Analysis

NAICS 42374 is the 2022 NAICS industry for refrigeration equipment and supplies merchant wholesalers, part of 4237 (Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers).

It has only one more detailed code, 423740, which covers exactly the same activities; the definition, index entries and statistics are on that page.

County Business Patterns counts 1,262 US establishments in this code in 2023, employing 12,348 people at an average annual payroll of $79,312 per employee (68th percentile of national industries). 44% of the establishments have fewer than five employees, which is close to the national mix.

By establishments it ranks 4th of the 4 codes at this level within Hardware, and Plumbing and Heating Equipment and Supplies Merchant Wholesalers, with 6.3% of them.

Between 2018 and 2023 the number of establishments grew 5% and employment fell 2%. 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.