placestats

Net business formation rate

The opening rate minus the closing rate, as a percentage of the place's business locations. It is positive when more businesses open than close.

Reported for3,144areas, in 51 states — none in PR
Link to density0.13not mostly about how urban a place is
Nearby places alike0.06Moran’s I: only weakly, little map pattern
Typerate% of establishments

How it has moved

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Every state, every year

One row per state and one column per year, sorted by the latest value. It shows states, not counties: nobody can scan 3,222 rows, and the pattern only shows when it all fits on one screen.

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Where it comes from

Census Business Dynamics Statistics · Census Business Dynamics Statistics, ESTABS_ENTRY_RATE minus ESTABS_EXIT_RATE

The opening rate minus the closing rate.

Combining areas: an average weighted by business establishments.

What it goes with

The strongest links that have a page of their own. Unadjusted is the link before adjusting for anything, from −1 (opposite) to +1 (in step). Adjusted compares places with the same population density, income and education levels, so those differences can’t explain the link. This list leaves out the 5 pairs built from the same numbers or the same model as this measure, since they are bound to match.

MeasureUnadjustedAdjusted
Net business formation rate and Homicide rate, annualWhere Net business formation rate is higher, Homicide rate, annual tends to be lower: a weak link that holds when only places with similar density, income and education are compared. Homicide rate, annual by US county-0.42-0.36

Population makeup

How this measure varies with the racial and ethnic makeup of counties. Every group is shown, whatever its rank. These are links across counties: they describe places, not people. They say nothing about any person’s risk or behaviour based on their race. Counties with a larger share of one group also differ in much else, such as income, segregation, region and history. The adjusted figure only accounts for density, income and education.

Share of residentsUnadjustedAdjusted
Net business formation rate and Share White, not HispanicCould easily be chance once only places with similar density, income and education are compared. Share White, not Hispanic by US county-0.02-0.01
Net business formation rate and Share Black, not HispanicCould easily be chance once only places with similar density, income and education are compared. Share Black, not Hispanic by US county-0.06-0.04
Net business formation rate and Share Hispanic or Latino, any raceCould easily be chance once only places with similar density, income and education are compared. Share Hispanic or Latino, any race by US county+0.07+0.06
Net business formation rate and Share Asian, not HispanicCould easily be chance once only places with similar density, income and education are compared. Share Asian, not Hispanic by US county+0.04-0.03
Net business formation rate and Share American Indian or Alaska Native, not HispanicCould easily be chance once only places with similar density, income and education are compared. Share American Indian or Alaska Native, not Hispanic by US county+0.01+0.03

Highest and lowest

Of 3,144 counties reporting it. These are the two ends of a national ranking. For most measures, that ranking mostly sorts places by income and how urban they are. That is why the place pages compare each place with similar places instead.

Highest

  1. Kent County, TX — 37.5
  2. Treasure County, MT — 27.6
  3. Blaine County, NE — 27.3
  4. Issaquena County, MS — 25
  5. Menominee County, WI — 21.3

Lowest

  1. Loup County, NE — -27.3
  2. Van Buren County, TN — -23.8
  3. Baker County, GA — -21.4
  4. Daggett County, UT — -20
  5. Hayes County, NE — -18.8

The middle area reports 0.9. The middle half of counties falls between -0.428 and 2.35 (the 25th to 75th percentile).

All measures · Explore its pairs · How the US county data works