423810

Analysis

NAICS 423810 is the 2022 national industry for construction and mining (except oil well) machinery and equipment merchant wholesalers, part of 42381 (Construction and Mining (except Oil Well) Machinery and Equipment Merchant Wholesalers). Census lists 22 example activities under it in the official index.

County Business Patterns counts 4,701 US establishments in this code in 2023, employing 107,724 people at an average annual payroll of $97,034 per employee (82nd percentile of national industries). 31% of the establishments have fewer than five employees, which is close to the national mix.

Its index entries, the activities Census uses to assign businesses to this code, include concrete processing equipment merchant wholesalers, construction machinery and equipment merchant wholesalers, cranes (except industrial) merchant wholesalers and cranes, mining, merchant wholesalers, among 22 in all.

For example, the merchant wholesale distribution of oil well machinery and equipment are classified in 423830 (Industrial Machinery and Equipment Merchant Wholesalers) instead.

Census lists 1 related activities that belong elsewhere, most often in 423830. 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.

Between 2018 and 2023 the number of establishments fell 3% and employment rose 11%. 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.