532420

Analysis

NAICS 532420 is the 2022 national industry for office machinery and equipment rental and leasing, part of 53242 (Office Machinery and Equipment Rental and Leasing). Census lists 11 example activities under it in the official index.

County Business Patterns counts 694 US establishments in this code in 2023, employing 6,110 people at an average annual payroll of $100,019 per employee (84th percentile of national industries). 59% 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 cash register rental or leasing, computer peripheral equipment rental or leasing, computer rental or leasing and copier rental or leasing, among 11 in all.

For example, renting or leasing residential furniture are classified in 532289 (All Other Consumer Goods Rental) instead.

Census lists 2 related activities that belong elsewhere, most often in 532289 and 52. 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 5% 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.