Analysis
NAICS 48532 is the 2022 NAICS industry for limousine service, part of 4853 (Taxi and Limousine Service).
It has only one more detailed code, 485320, which covers exactly the same activities; the definition, index entries and statistics are on that page.
County Business Patterns counts 4,306 US establishments in this code in 2023, employing 29,036 people at an average annual payroll of $38,900 per employee (8th percentile of national industries). 75% of the establishments have fewer than five employees, which marks it as a small-business industry.
By establishments it ranks 1st of the 2 codes at this level within Taxi and Limousine Service, with 55.6% of them.
Between 2018 and 2023 the number of establishments fell 10% and employment fell 22%. 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 485320.
Source: US Census Bureau, NAICS 2022 Manual.