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Size of the US Trust, Fiduciary, and Custody Activities industry

NAICS 523991, Trust, Fiduciary, and Custody Activities. 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.

Key figures

Receipts (sales, shipments or revenue)
$19.1 billion
2022 · Economic Census
All establishments, current dollars
Employment
22,374
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
3,007
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
1,952
2022 · Economic Census
Annual payroll
$4.1 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 22,374 · 2026-Q1
2019-Q1: 18,0602019-Q2: 18,0582019-Q3: 17,9202019-Q4: 18,1592020-Q1: 17,7552020-Q2: 17,9882020-Q3: 18,0452020-Q4: 18,3722021-Q1: 18,3332021-Q2: 19,6502021-Q3: 19,6852021-Q4: 20,8842022-Q1: 20,1512022-Q2: 20,6962022-Q3: 21,0582022-Q4: 21,1472023-Q1: 20,8402023-Q2: 21,1812023-Q3: 20,9162023-Q4: 21,2392024-Q1: 21,7242024-Q2: 21,6552024-Q3: 21,7422024-Q4: 21,8772025-Q1: 21,5362025-Q2: 21,8632025-Q3: 22,0112025-Q4: 22,2552026-Q1: 22,374NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q122,3742022
2025-Q422,2552022
2025-Q322,0112022
2025-Q221,8632022
2025-Q121,5362022
2024-Q421,8772022
2024-Q321,7422022
2024-Q221,6552022
2024-Q121,7242022
2023-Q421,2392022
2023-Q320,9162022
2023-Q221,1812022
2023-Q120,8402022
2022-Q421,1472022
2022-Q321,0582022
2022-Q220,6962022
2022-Q120,1512022
2021-Q420,8842017
2021-Q319,6852017
2021-Q219,6502017
2021-Q118,3332017
2020-Q418,3722017
2020-Q318,0452017
2020-Q217,9882017
2020-Q117,7552017
2019-Q418,1592017
2019-Q317,9202017
2019-Q218,0582017
2019-Q118,0602017

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 36,031 · 2023
2017: 35,1512018: 36,4222019: 38,7012020: 38,4622021: 36,1142022: 38,3192023: 36,031
Show the numbers
PeriodValue
202336,031
202238,319
202136,114
202038,462
201938,701
201836,422
201735,151

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

Establishments · Quarterly Census of Employment and WagesLatest 3,007 · 2026-Q1
2019-Q1: 2,4562019-Q2: 2,4512019-Q3: 2,4552019-Q4: 2,4452020-Q1: 2,3922020-Q2: 2,4252020-Q3: 2,4472020-Q4: 2,4992021-Q1: 2,4762021-Q2: 2,5032021-Q3: 2,5312021-Q4: 2,6062022-Q1: 2,6332022-Q2: 2,7152022-Q3: 2,7702022-Q4: 2,8282023-Q1: 2,9272023-Q2: 2,9852023-Q3: 3,0472023-Q4: 3,0662024-Q1: 2,9932024-Q2: 2,9602024-Q3: 2,9722024-Q4: 3,0022025-Q1: 2,9552025-Q2: 2,9812025-Q3: 2,9972025-Q4: 3,0142026-Q1: 3,007NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q13,0072022
2025-Q43,0142022
2025-Q32,9972022
2025-Q22,9812022
2025-Q12,9552022
2024-Q43,0022022
2024-Q32,9722022
2024-Q22,9602022
2024-Q12,9932022
2023-Q43,0662022
2023-Q33,0472022
2023-Q22,9852022
2023-Q12,9272022
2022-Q42,8282022
2022-Q32,7702022
2022-Q22,7152022
2022-Q12,6332022
2021-Q42,6062017
2021-Q32,5312017
2021-Q22,5032017
2021-Q12,4762017
2020-Q42,4992017
2020-Q32,4472017
2020-Q22,4252017
2020-Q12,3922017
2019-Q42,4452017
2019-Q32,4552017
2019-Q22,4512017
2019-Q12,4562017

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

Establishments · County Business PatternsLatest 3,285 · 2023
2017: 2,3912018: 2,5042019: 2,3052020: 2,2982021: 2,5172022: 2,8052023: 3,285
Show the numbers
PeriodValue
20233,285
20222,805
20212,517
20202,298
20192,305
20182,504
20172,391

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

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $972.8 million · 2026-Q1
2019-Q1: $609.9 million2019-Q2: $428.2 million2019-Q3: $435.9 million2019-Q4: $529.7 million2020-Q1: $651.6 million2020-Q2: $448.0 million2020-Q3: $464.1 million2020-Q4: $611.9 million2021-Q1: $653.4 million2021-Q2: $514.5 million2021-Q3: $533.6 million2021-Q4: $703.7 million2022-Q1: $828.5 million2022-Q2: $551.9 million2022-Q3: $606.4 million2022-Q4: $709.7 million2023-Q1: $860.5 million2023-Q2: $562.6 million2023-Q3: $596.8 million2023-Q4: $775.5 million2024-Q1: $887.8 million2024-Q2: $604.4 million2024-Q3: $625.1 million2024-Q4: $793.6 million2025-Q1: $879.0 million2025-Q2: $665.7 million2025-Q3: $694.4 million2025-Q4: $849.3 million2026-Q1: $972.8 millionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$972.8 million2022
2025-Q4$849.3 million2022
2025-Q3$694.4 million2022
2025-Q2$665.7 million2022
2025-Q1$879.0 million2022
2024-Q4$793.6 million2022
2024-Q3$625.1 million2022
2024-Q2$604.4 million2022
2024-Q1$887.8 million2022
2023-Q4$775.5 million2022
2023-Q3$596.8 million2022
2023-Q2$562.6 million2022
2023-Q1$860.5 million2022
2022-Q4$709.7 million2022
2022-Q3$606.4 million2022
2022-Q2$551.9 million2022
2022-Q1$828.5 million2022
2021-Q4$703.7 million2017
2021-Q3$533.6 million2017
2021-Q2$514.5 million2017
2021-Q1$653.4 million2017
2020-Q4$611.9 million2017
2020-Q3$464.1 million2017
2020-Q2$448.0 million2017
2020-Q1$651.6 million2017
2019-Q4$529.7 million2017
2019-Q3$435.9 million2017
2019-Q2$428.2 million2017
2019-Q1$609.9 million2017

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

Annual payroll · County Business PatternsLatest $4.1 billion · 2023
2017: $3.3 billion2018: $3.6 billion2019: $4.2 billion2020: $4.2 billion2021: $4.0 billion2022: $4.7 billion2023: $4.1 billion
Show the numbers
PeriodValue
2023$4.1 billion
2022$4.7 billion
2021$4.0 billion
2020$4.2 billion
2019$4.2 billion
2018$3.6 billion
2017$3.3 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 Wages22,3742026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages3,0072026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$972.8 million2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$4.1 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns36,03120232017–2023 · 7 published
EstablishmentsCounty Business Patterns3,28520232017–2023 · 7 published
Annual payrollEconomic Census$4.2 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census41,28720222017–2022 · 2 published
EstablishmentsEconomic Census2,18520222017–2022 · 2 published
FirmsEconomic Census1,95220222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$19.1 billion20222017–2022 · 2 published

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.