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Size of the US Investment Banking and Securities Dealing industry

NAICS 52311, Investment Banking and Securities Dealing. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld. This is a NAICS 2017 code that the 2022 edition replaced; the Census surveys that still publish on the 2017 basis keep it alive.

Key figures

Receipts (sales, shipments or revenue)
$105 billion
2017 · Economic Census
All establishments, current dollars
Employment
90,089
2023 · County Business Patterns
Paid employees in the pay period including March 12
Establishments
3,808
2023 · County Business Patterns
Firms
2,367
2017 · Economic Census
Annual payroll
$40.1 billion
2023 · County Business Patterns

Over time

How it has changed

Employment · Quarterly Census of Employment and WagesLatest 143,913 · 2021-Q4
2019-Q1: 147,4882019-Q2: 151,2632019-Q3: 149,3022019-Q4: 150,4492020-Q1: 142,0942020-Q2: 141,9272020-Q3: 141,8582020-Q4: 142,1102021-Q1: 139,5172021-Q2: 142,5732021-Q3: 142,3922021-Q4: 143,913
Show the numbers
PeriodValue
2021-Q4143,913
2021-Q3142,392
2021-Q2142,573
2021-Q1139,517
2020-Q4142,110
2020-Q3141,858
2020-Q2141,927
2020-Q1142,094
2019-Q4150,449
2019-Q3149,302
2019-Q2151,263
2019-Q1147,488

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 90,089 · 2023
2017: 100,2802018: 89,7062019: 88,3672020: 86,1522021: 85,5942022: 92,9502023: 90,089
Show the numbers
PeriodValue
202390,089
202292,950
202185,594
202086,152
201988,367
201889,706
2017100,280

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 8,424 · 2021-Q4
2019-Q1: 7,2922019-Q2: 7,3612019-Q3: 7,3332019-Q4: 7,4672020-Q1: 7,2732020-Q2: 7,3312020-Q3: 7,4042020-Q4: 7,7092021-Q1: 7,8902021-Q2: 8,0012021-Q3: 8,1682021-Q4: 8,424
Show the numbers
PeriodValue
2021-Q48,424
2021-Q38,168
2021-Q28,001
2021-Q17,890
2020-Q47,709
2020-Q37,404
2020-Q27,331
2020-Q17,273
2019-Q47,467
2019-Q37,333
2019-Q27,361
2019-Q17,292

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 3,808 · 2023
2017: 3,8382018: 3,7192019: 3,6062020: 3,6632021: 3,7852022: 4,0352023: 3,808
Show the numbers
PeriodValue
20233,808
20224,035
20213,785
20203,663
20193,606
20183,719
20173,838

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $12.3 billion · 2021-Q4
2019-Q1: $17.1 billion2019-Q2: $7.9 billion2019-Q3: $7.4 billion2019-Q4: $9.6 billion2020-Q1: $17.2 billion2020-Q2: $7.9 billion2020-Q3: $7.3 billion2020-Q4: $10.1 billion2021-Q1: $20.4 billion2021-Q2: $9.1 billion2021-Q3: $8.2 billion2021-Q4: $12.3 billion
Show the numbers
PeriodValue
2021-Q4$12.3 billion
2021-Q3$8.2 billion
2021-Q2$9.1 billion
2021-Q1$20.4 billion
2020-Q4$10.1 billion
2020-Q3$7.3 billion
2020-Q2$7.9 billion
2020-Q1$17.2 billion
2019-Q4$9.6 billion
2019-Q3$7.4 billion
2019-Q2$7.9 billion
2019-Q1$17.1 billion

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $40.1 billion · 2023
2017: $35.4 billion2018: $33.5 billion2019: $33.7 billion2020: $34.1 billion2021: $39.7 billion2022: $44.2 billion2023: $40.1 billion
Show the numbers
PeriodValue
2023$40.1 billion
2022$44.2 billion
2021$39.7 billion
2020$34.1 billion
2019$33.7 billion
2018$33.5 billion
2017$35.4 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages143,9132021-Q42019-Q1–2021-Q4 · 12 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages8,4242021-Q42019-Q1–2021-Q4 · 12 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$12.3 billion2021-Q42019-Q1–2021-Q4 · 12 published
Annual payrollCounty Business Patterns$40.1 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns90,08920232017–2023 · 7 published
EstablishmentsCounty Business Patterns3,80820232017–2023 · 7 published
Annual payrollEconomic Census$33.4 billion20172017–2017 · 1 published
EmploymentPaid employees in the pay period including March 12Economic Census97,76220172017–2017 · 1 published
EstablishmentsEconomic Census3,79320172017–2017 · 1 published
FirmsEconomic Census2,36720172017–2017 · 1 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$105 billion20172017–2017 · 1 published

Breakdown

Industries within Investment Banking and Securities Dealing

NAICSIndustrySizeEmployment
523110Investment Banking and Securities Dealing$105 billionReceipts · 2017 · Economic Census90,0892023 · CBP

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.