Economic observatory / federal merger review

U.S. merger industry composition

Compare FY2023 and FY2024 acquired-entity classifications in the HSR reports. Industry composition and procedural review stages describe different aspects of the reported transactions.

Adjusted transactions: 1,735
Published industries: 79
Second Requests: 37
Intra-industry: 79

FY2023 / Table XI / acquired entities

Adjusted transactions by 3-digit NAICS

Table edition

JSON CSV

Sector

All acquired-entity sectors1,735 transactions

79 nonzero / 79 visible rows

Sector composition

Broad NAICS sectors

20 sectors / exact transaction shares

Adjacent official releases

Broad-sector release shift

FY2023 to FY2024 / common 25% scale

Adjusted volume: +238
Largest sector rise: +2.4 pp
Largest sector fall: -1.6 pp
Published row movers: +2.4 / -2.0 pp

FY2023FY2024Share of adjusted transactions

Classification custody

Taxonomy continuity ledger

Exact release labels retained / no synthetic industry crosswalk

Shared codes: 75
FY2023 only: 4
FY2024 only: 8
Relabeled codes: 11

FY2023 only

111Crop Production
442Furniture and Home Furnishing Stores
453Miscellaneous Store Retailers
551Management Companies and Enterprises

FY2024 only

112Animal Production and Aquaculture
314Textile Product Mills
443Electronics and Appliance Stores
451Sporting Goods, Hobby, Musical Instrument, and Book Stores
482Railroad Transportation
514Information Services and Data Processing Services (Old)
516Internet Publishing and Broadcasting (Old)
926Administration of Economic Programs

Same code, different published label

311FY2023Food and Kindred ProductsFY2024Food Manufacturing
326FY2023Plastics and Rubber ManufacturingFY2024Plastics and Rubber Products Manufacturing
425FY2023Wholesale Electric Markets and Agent and BrokersFY2024Wholesale Electronic Markets and Agents and Brokers
444FY2023Electronics and Appliance StoresFY2024Building Materials and Garden Equipment and Supplies Dealers
485FY2023Transit and Ground TransportationFY2024Transit and Ground Passenger Transportation
492FY2023CouriersFY2024Couriers and Messengers
512FY2023Motion Pictures and Sound Recording IndustriesFY2024Motion Picture and Sound Recording Industries
518FY2023Internet Service Providers, Web Search Portals, and Data Processing ServicesFY2024Data Processing, Hosting, and Related Services
623FY2023Nursing Care FacilitiesFY2024Nursing and Residential Care Facilities
711FY2023Performing Arts, Spector Sports, and Related IndustriesFY2024Performing Arts, Spectator Sports, and Related Industries
811FY2023Repairs and MaintenanceFY2024Repair and Maintenance

Exact lookup

Acquired-entity industry ledger

FY2023 HSR Table XI rows, sorted by the active measure
Industry	Sector	Transactions	Share	Change	Clearance FTC	Clearance DOJ	Clearance total	Second FTC	Second DOJ	Second total	Intra-industry
Professional, Scientific, and Technical Services	54	186	10.7%	-0.9 pp	11	4	15	2	2	4	1
Publishing Industries (except Internet)	51	111	6.4%	-2.4 pp	3	3	6	0	1	1	2
Merchant Wholesalers, Durable Goods	42	96	5.5%	+0.1 pp	2	4	6	0	1	1	3
Merchant Wholesalers, Nondurable Goods	42	89	5.1%	+0.8 pp	9	2	11	3	1	4	5
Chemical Manufacturing	31-33	84	4.8%	+0.9 pp	11	4	15	1	0	1	0
Securities, Commodity Contracts, and Other Financial Investments and Related Activities	52	71	4.1%	+0.7 pp	0	2	2	0	0	0	4
Not Available	000	61	3.5%	-0.1 pp	11	0	11	2	0	2	0
Insurance Carriers and Related Activities	52	57	3.3%	-0.2 pp	1	0	1	0	0	0	5
Administrative and Support Services	56	50	2.9%	-0.5 pp	0	2	2	0	0	0	2
Utilities	22	48	2.8%	+0.8 pp	0	1	1	0	1	1	3
Oil and Gas Extraction	21	43	2.5%	+1.1 pp	1	0	1	0	0	0	16
Food and Kindred Products	31-33	41	2.4%	+0.2 pp	2	5	7	1	1	2	5
Computer and Electronic Product Manufacturing	31-33	37	2.1%	-0.1 pp	1	1	2	0	0	0	0
Internet Service Providers, Web Search Portals, and Data Processing Services	51	37	2.1%	-1.4 pp	0	0	0	0	0	0	0
Machinery Manufacturing	31-33	34	2.0%	+0.5 pp	0	3	3	0	1	1	2
Ambulatory Health Care Services	62	33	1.9%	-1.0 pp	8	2	10	1	2	3	0
Credit Intermediation and Related Activities	52	32	1.8%	-0.4 pp	0	0	0	0	0	0	3
Specialty Trade Contractors	23	27	1.6%	+0.2 pp	0	1	1	0	0	0	3
Transportation Equipment Manufacturing	31-33	26	1.5%	+0.1 pp	3	1	4	1	0	1	0
Waste Management and Remediation Services	56	26	1.5%	+0.7 pp	0	4	4	0	0	0	0
Miscellaneous Manufacturing	31-33	25	1.4%	+0.2 pp	8	0	8	1	0	1	0
Telecommunications	51	24	1.4%	+0.5 pp	0	4	4	0	0	0	0
Nonstore Retailers	44-45	23	1.3%	0.0 pp	3	0	3	0	0	0	0
Motor Vehicle and Parts Dealers	44-45	22	1.3%	+0.1 pp	1	0	1	0	0	0	3
Hospitals	62	22	1.3%	+0.4 pp	13	0	13	2	0	2	2
Support Activities for Transportation	48-49	20	1.2%	-0.4 pp	0	0	0	0	0	0	0
Fabricated Metal Product Manufacturing	31-33	17	1.0%	-0.3 pp	1	2	3	2	0	2	0
Other Information Services	51	17	1.0%	-1.0 pp	1	0	1	0	0	0	0
Rental and Leasing Services	53	17	1.0%	0.0 pp	2	0	2	0	0	0	0
Truck Transportation	48-49	15	0.9%	+0.5 pp	0	1	1	0	0	0	0
Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)	53	15	0.9%	0.0 pp	2	1	3	0	0	0	0
Amusement, Gambling, and Recreation Industries	71	15	0.9%	+0.4 pp	0	0	0	0	0	0	1
Repairs and Maintenance	81	15	0.9%	+0.1 pp	0	0	0	0	0	0	1
Health and Personal Care Stores	44-45	14	0.8%	+0.6 pp	4	1	5	1	0	1	0
Educational Services	61	14	0.8%	0.0 pp	1	1	2	0	0	0	0
Support Activities for Mining	21	13	0.7%	+0.3 pp	0	1	1	0	0	0	2
Pipeline Transportation	48-49	13	0.7%	+0.1 pp	1	0	1	2	0	2	0
Mining (except Oil and Gas)	21	12	0.7%	+0.4 pp	0	0	0	0	0	0	1
Food Services and Drinking Places	72	12	0.7%	+0.1 pp	1	0	1	0	0	0	0
Heavy and Civil Engineering Construction	23	11	0.6%	-0.2 pp	0	0	0	0	0	0	0
Wood Product Manufacturing	31-33	11	0.6%	0.0 pp	1	1	2	0	0	0	0
Plastics and Rubber Manufacturing	31-33	11	0.6%	-0.5 pp	1	0	1	0	0	0	1
Gasoline Stations	44-45	11	0.6%	+0.4 pp	6	0	6	0	0	0	2
Real Estate	53	11	0.6%	-0.3 pp	0	0	0	0	0	0	0
Performing Arts, Spector Sports, and Related Industries	71	11	0.6%	+0.2 pp	0	3	3	0	0	0	1
Nonmetallic Mineral Product Manufacturing	31-33	10	0.6%	+0.1 pp	3	0	3	1	0	1	3
Primary Metal Manufacturing	31-33	10	0.6%	+0.1 pp	0	1	1	0	0	0	2
Electrical Equipment, Appliance, and Component Manufacturing	31-33	10	0.6%	-0.1 pp	0	0	0	0	0	0	0
Beverage and Tobacco Product Manufacturing	31-33	9	0.5%	-0.2 pp	2	0	2	1	0	1	0
Paper Manufacturing	31-33	9	0.5%	+0.1 pp	0	1	1	0	1	1	0
Warehousing and Storage	48-49	9	0.5%	0.0 pp	0	0	0	1	0	1	0
Motion Pictures and Sound Recording Industries	51	9	0.5%	0.0 pp	0	1	1	0	0	0	0
Clothing and Clothing Accessories Stores	44-45	8	0.5%	+0.2 pp	2	0	2	0	0	0	0
Broadcasting (except Internet)	51	8	0.5%	+0.1 pp	0	0	0	0	0	0	0
Petroleum and Coal Products Manufacturing	31-33	7	0.4%	+0.2 pp	4	0	4	2	0	2	2
Air Transportation	48-49	6	0.3%	-0.3 pp	0	0	0	0	0	0	1
Water Transportation	48-49	5	0.3%	+0.1 pp	0	2	2	0	0	0	2
Personal and Laundry Services	81	5	0.3%	+0.1 pp	0	0	0	0	0	0	0
Construction of Buildings	23	4	0.2%	0.0 pp	0	0	0	0	0	0	0
General Merchandise Stores	44-45	4	0.2%	+0.1 pp	0	0	0	0	0	0	0
Transit and Ground Transportation	48-49	4	0.2%	0.0 pp	0	0	0	0	0	0	0
Nursing Care Facilities	62	4	0.2%	0.0 pp	1	0	1	0	0	0	0
Social Assistance	62	4	0.2%	0.0 pp	0	0	0	0	0	0	0
Printing and Related Support Activities	31-33	3	0.2%	-0.2 pp	0	0	0	0	0	0	1
Wholesale Electric Markets and Agent and Brokers	42	3	0.2%	+0.1 pp	0	0	0	0	0	0	0
Electronics and Appliance Stores	44-45	3	0.2%	0.0 pp	0	0	0	0	0	0	0
Food and Beverage Stores	44-45	3	0.2%	-0.1 pp	2	0	2	1	0	1	0
Miscellaneous Store Retailers	44-45	3	0.2%	0.0 pp	0	0	0	0	0	0	0
Funds, Trusts, and Other Financial Vehicles	52	3	0.2%	-0.2 pp	0	0	0	0	0	0	0
Crop Production	11	2	0.1%	0.0 pp	0	0	0	0	0	0	0
Accommodation	72	2	0.1%	-0.2 pp	0	0	0	0	0	0	0
Support Activities for Agriculture and Forestry	11	1	0.1%	0.0 pp	0	1	1	0	0	0	0
Textile Mills	31-33	1	0.1%	0.0 pp	0	1	1	0	0	0	0
Apparel Manufacturing	31-33	1	0.1%	0.0 pp	0	0	0	0	0	0	0
Furniture and Related Product Manufacturing	31-33	1	0.1%	0.0 pp	0	0	0	0	0	0	0
Furniture and Home Furnishing Stores	44-45	1	0.1%	0.0 pp	1	0	1	1	0	1	0
Couriers	48-49	1	0.1%	0.0 pp	0	0	0	0	0	0	0
Management Companies and Enterprises	55	1	0.1%	0.0 pp	0	0	0	0	0	0	0
Religious, Grantmaking, Civic, Professional, and Similar Organizations	81	1	0.1%	0.0 pp	0	0	0	0	0	0	0