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Size of the US Research and Development in the Physical, Engineering, and Life Sciences industry

NAICS 54171, Research and Development in the Physical, Engineering, and Life Sciences. 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)
$331 billion
2022 · Economic Census
All establishments, current dollars
Employment
856,001
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
54,918
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
16,450
2022 · Economic Census
Annual payroll
$150 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 856,001 · 2026-Q1
2019-Q1: 650,3132019-Q2: 671,2652019-Q3: 672,0212019-Q4: 684,1702020-Q1: 694,8312020-Q2: 702,1262020-Q3: 707,6782020-Q4: 721,9952021-Q1: 738,7212021-Q2: 759,8942021-Q3: 768,3662021-Q4: 788,9642022-Q1: 802,2412022-Q2: 823,7712022-Q3: 831,6062022-Q4: 841,6562023-Q1: 849,1582023-Q2: 866,0742023-Q3: 856,8702023-Q4: 857,3812024-Q1: 856,4862024-Q2: 865,4792024-Q3: 857,1672024-Q4: 853,9762025-Q1: 859,3122025-Q2: 864,9162025-Q3: 852,8622025-Q4: 851,8872026-Q1: 856,001NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1856,0012022
2025-Q4851,8872022
2025-Q3852,8622022
2025-Q2864,9162022
2025-Q1859,3122022
2024-Q4853,9762022
2024-Q3857,1672022
2024-Q2865,4792022
2024-Q1856,4862022
2023-Q4857,3812022
2023-Q3856,8702022
2023-Q2866,0742022
2023-Q1849,1582022
2022-Q4841,6562022
2022-Q3831,6062022
2022-Q2823,7712022
2022-Q1802,2412022
2021-Q4788,9642017
2021-Q3768,3662017
2021-Q2759,8942017
2021-Q1738,7212017
2020-Q4721,9952017
2020-Q3707,6782017
2020-Q2702,1262017
2020-Q1694,8312017
2019-Q4684,1702017
2019-Q3672,0212017
2019-Q2671,2652017
2019-Q1650,3132017

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 957,341 · 2023
2017: 706,5442018: 734,6862019: 762,8892020: 792,6552021: 827,3792022: 902,9392023: 957,341
Show the numbers
PeriodValue
2023957,341
2022902,939
2021827,379
2020792,655
2019762,889
2018734,686
2017706,544

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

Establishments · Quarterly Census of Employment and WagesLatest 54,918 · 2026-Q1
2019-Q1: 27,2892019-Q2: 28,0182019-Q3: 28,6992019-Q4: 29,4132020-Q1: 29,8802020-Q2: 30,7342020-Q3: 31,9592020-Q4: 33,1802021-Q1: 34,4942021-Q2: 36,3582021-Q3: 38,2302021-Q4: 40,0682022-Q1: 42,1592022-Q2: 43,7602022-Q3: 45,5012022-Q4: 46,6852023-Q1: 48,0202023-Q2: 49,0362023-Q3: 50,1392023-Q4: 50,8812024-Q1: 51,1042024-Q2: 51,8882024-Q3: 52,7192024-Q4: 53,1222025-Q1: 52,9302025-Q2: 53,4382025-Q3: 54,1422025-Q4: 54,6122026-Q1: 54,918NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q154,9182022
2025-Q454,6122022
2025-Q354,1422022
2025-Q253,4382022
2025-Q152,9302022
2024-Q453,1222022
2024-Q352,7192022
2024-Q251,8882022
2024-Q151,1042022
2023-Q450,8812022
2023-Q350,1392022
2023-Q249,0362022
2023-Q148,0202022
2022-Q446,6852022
2022-Q345,5012022
2022-Q243,7602022
2022-Q142,1592022
2021-Q440,0682017
2021-Q338,2302017
2021-Q236,3582017
2021-Q134,4942017
2020-Q433,1802017
2020-Q331,9592017
2020-Q230,7342017
2020-Q129,8802017
2019-Q429,4132017
2019-Q328,6992017
2019-Q228,0182017
2019-Q127,2892017

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

Establishments · County Business PatternsLatest 20,321 · 2023
2017: 16,7872018: 16,8952019: 17,5572020: 18,0742021: 19,2342022: 20,0722023: 20,321
Show the numbers
PeriodValue
202320,321
202220,072
202119,234
202018,074
201917,557
201816,895
201716,787

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

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $54.6 billion · 2026-Q1
2019-Q1: $28.4 billion2019-Q2: $22.4 billion2019-Q3: $22.4 billion2019-Q4: $24.9 billion2020-Q1: $31.9 billion2020-Q2: $25.7 billion2020-Q3: $25.1 billion2020-Q4: $31.0 billion2021-Q1: $34.2 billion2021-Q2: $28.3 billion2021-Q3: $30.4 billion2021-Q4: $34.4 billion2022-Q1: $38.5 billion2022-Q2: $31.7 billion2022-Q3: $32.9 billion2022-Q4: $34.9 billion2023-Q1: $42.7 billion2023-Q2: $35.4 billion2023-Q3: $33.6 billion2023-Q4: $36.6 billion2024-Q1: $47.8 billion2024-Q2: $37.9 billion2024-Q3: $36.2 billion2024-Q4: $37.0 billion2025-Q1: $48.9 billion2025-Q2: $36.7 billion2025-Q3: $38.6 billion2025-Q4: $40.8 billion2026-Q1: $54.6 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$54.6 billion2022
2025-Q4$40.8 billion2022
2025-Q3$38.6 billion2022
2025-Q2$36.7 billion2022
2025-Q1$48.9 billion2022
2024-Q4$37.0 billion2022
2024-Q3$36.2 billion2022
2024-Q2$37.9 billion2022
2024-Q1$47.8 billion2022
2023-Q4$36.6 billion2022
2023-Q3$33.6 billion2022
2023-Q2$35.4 billion2022
2023-Q1$42.7 billion2022
2022-Q4$34.9 billion2022
2022-Q3$32.9 billion2022
2022-Q2$31.7 billion2022
2022-Q1$38.5 billion2022
2021-Q4$34.4 billion2017
2021-Q3$30.4 billion2017
2021-Q2$28.3 billion2017
2021-Q1$34.2 billion2017
2020-Q4$31.0 billion2017
2020-Q3$25.1 billion2017
2020-Q2$25.7 billion2017
2020-Q1$31.9 billion2017
2019-Q4$24.9 billion2017
2019-Q3$22.4 billion2017
2019-Q2$22.4 billion2017
2019-Q1$28.4 billion2017

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

Annual payroll · County Business PatternsLatest $150 billion · 2023
2017: $88.1 billion2018: $97.6 billion2019: $105 billion2020: $115 billion2021: $128 billion2022: $139 billion2023: $150 billion
Show the numbers
PeriodValue
2023$150 billion
2022$139 billion
2021$128 billion
2020$115 billion
2019$105 billion
2018$97.6 billion
2017$88.1 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 Wages856,0012026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages54,9182026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$54.6 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$150 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns957,34120232017–2023 · 7 published
EstablishmentsCounty Business Patterns20,32120232017–2023 · 7 published
Annual payrollEconomic Census$143 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census1,118,48720222017–2022 · 2 published
EstablishmentsEconomic Census20,30720222017–2022 · 2 published
FirmsEconomic Census16,45020222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$331 billion20222017–2022 · 2 published

Breakdown

Industries within Research and Development in the Physical, Engineering, and Life Sciences

NAICSIndustrySizeEmployment
541713Research and Development in Nanotechnology$44.5 billionReceipts · 2022 · Economic Census21,1722026-Q1 · QCEW
541714Research and Development in Biotechnology (except Nanobiotechnology)$91.0 billionReceipts · 2022 · Economic Census280,2632026-Q1 · QCEW
541715Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)$196 billionReceipts · 2022 · Economic Census554,5662026-Q1 · QCEW

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.