The Dynamism Index by State

Dynamism Indicators for Connecticut

2014
1. Business Churn 16.7% 12.5%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 67.8% 77.1%
4. Labor Market Churn 27.8% 22.4%
5. Labor Force Participation 71.4% 65.8%
6. Change in Firms -2.2% -0.5%
7. Net Migration -12.2 -7.3
Score 41.5 24.6
Ranking 49 42
1. Business Churn 15.7% 12.5%
2. Jobs in New Companies 2.1% 1.6%
3. Jobs in Incumbent Companies 68.4% 77.1%
4. Labor Market Churn 29.4% 22.4%
5. Labor Force Participation 70.4% 65.8%
6. Change in Firms 0.3% -0.5%
7. Net Migration -8.7 -7.3
Score 42.5 24.6
Ranking 45 42
1. Business Churn 15.7% 12.5%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 68.3% 77.1%
4. Labor Market Churn 27.6% 22.4%
5. Labor Force Participation 68.9% 65.8%
6. Change in Firms 0.4% -0.5%
7. Net Migration -8.4 -7.3
Score 41.5 24.6
Ranking 48 42
1. Business Churn 15.6% 12.5%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 68.2% 77.1%
4. Labor Market Churn 25.8% 22.4%
5. Labor Force Participation 68.0% 65.8%
6. Change in Firms 1.4% -0.5%
7. Net Migration -8.0 -7.3
Score 41.1 24.6
Ranking 47 42
1. Business Churn 15.1% 12.5%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 67.8% 77.1%
4. Labor Market Churn 26.6% 22.4%
5. Labor Force Participation 68.1% 65.8%
6. Change in Firms 0.4% -0.5%
7. Net Migration -6.5 -7.3
Score 40.5 24.6
Ranking 49 42
1. Business Churn 15.3% 12.5%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 68.4% 77.1%
4. Labor Market Churn 28.2% 22.4%
5. Labor Force Participation 68.3% 65.8%
6. Change in Firms 0.1% -0.5%
7. Net Migration -6.5 -7.3
Score 40.7 24.6
Ranking 49 42
1. Business Churn 15.9% 12.5%
2. Jobs in New Companies 2.5% 1.6%
3. Jobs in Incumbent Companies 68.9% 77.1%
4. Labor Market Churn 28.6% 22.4%
5. Labor Force Participation 67.7% 65.8%
6. Change in Firms -0.2% -0.5%
7. Net Migration -5.2 -7.3
Score 42.2 24.6
Ranking 46 42
1. Business Churn 15.0% 12.5%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 69.8% 77.1%
4. Labor Market Churn 26.2% 22.4%
5. Labor Force Participation 67.9% 65.8%
6. Change in Firms -0.5% -0.5%
7. Net Migration -3.5 -7.3
Score 38.1 24.6
Ranking 48 42
1. Business Churn 14.6% 12.5%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 69.8% 77.1%
4. Labor Market Churn 27.0% 22.4%
5. Labor Force Participation 68.0% 65.8%
6. Change in Firms 0.1% -0.5%
7. Net Migration -2.5 -7.3
Score 38.4 24.6
Ranking 45 42
1. Business Churn 14.1% 12.5%
2. Jobs in New Companies 1.9% 1.6%
3. Jobs in Incumbent Companies 70.7% 77.1%
4. Labor Market Churn 27.6% 22.4%
5. Labor Force Participation 67.4% 65.8%
6. Change in Firms -0.1% -0.5%
7. Net Migration -1.4 -7.3
Score 36.5 24.6
Ranking 46 42
1. Business Churn 14.4% 12.5%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 71.9% 77.1%
4. Labor Market Churn 31.8% 22.4%
5. Labor Force Participation 67.4% 65.8%
6. Change in Firms -0.6% -0.5%
7. Net Migration -0.4 -7.3
Score 39.9 24.6
Ranking 45 42
1. Business Churn 14.0% 12.5%
2. Jobs in New Companies 1.8% 1.6%
3. Jobs in Incumbent Companies 72.3% 77.1%
4. Labor Market Churn 26.2% 22.4%
5. Labor Force Participation 67.3% 65.8%
6. Change in Firms -0.7% -0.5%
7. Net Migration -0.4 -7.3
Score 33.7 24.6
Ranking 48 42
1. Business Churn 14.1% 12.5%
2. Jobs in New Companies 1.8% 1.6%
3. Jobs in Incumbent Companies 74.1% 77.1%
4. Labor Market Churn 25.0% 22.4%
5. Labor Force Participation 66.6% 65.8%
6. Change in Firms 0.6% -0.5%
7. Net Migration -3.1 -7.3
Score 33.2 24.6
Ranking 49 42
1. Business Churn 14.7% 12.5%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 74.4% 77.1%
4. Labor Market Churn 27.2% 22.4%
5. Labor Force Participation 67.1% 65.8%
6. Change in Firms 0.9% -0.5%
7. Net Migration -4.1 -7.3
Score 37.8 24.6
Ranking 45 42
1. Business Churn 15.7% 12.5%
2. Jobs in New Companies 2.1% 1.6%
3. Jobs in Incumbent Companies 74.6% 77.1%
4. Labor Market Churn 23.0% 22.4%
5. Labor Force Participation 67.9% 65.8%
6. Change in Firms -0.5% -0.5%
7. Net Migration -4.8 -7.3
Score 34.8 24.6
Ranking 49 42
1. Business Churn 14.4% 12.5%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 74.2% 77.1%
4. Labor Market Churn 29.4% 22.4%
5. Labor Force Participation 68.5% 65.8%
6. Change in Firms -0.4% -0.5%
7. Net Migration -5.5 -7.3
Score 37.4 24.6
Ranking 43 42
1. Business Churn 14.6% 12.5%
2. Jobs in New Companies 2.0% 1.6%
3. Jobs in Incumbent Companies 74.4% 77.1%
4. Labor Market Churn 26.6% 22.4%
5. Labor Force Participation 69.0% 65.8%
6. Change in Firms -0.7% -0.5%
7. Net Migration -4.2 -7.3
Score 35.2 24.6
Ranking 38 42
1. Business Churn 13.9% 12.5%
2. Jobs in New Companies 1.7% 1.6%
3. Jobs in Incumbent Companies 75.6% 77.1%
4. Labor Market Churn 20.4% 22.4%
5. Labor Force Participation 68.8% 65.8%
6. Change in Firms -3.3% -0.5%
7. Net Migration -2.2 -7.3
Score 26.8 24.6
Ranking 44 42
1. Business Churn 12.9% 12.5%
2. Jobs in New Companies 1.7% 1.6%
3. Jobs in Incumbent Companies 76.4% 77.1%
4. Labor Market Churn 21.4% 22.4%
5. Labor Force Participation 68.3% 65.8%
6. Change in Firms -1.9% -0.5%
7. Net Migration -3.0 -7.3
Score 26.0 24.6
Ranking 44 42
1. Business Churn 12.9% 12.5%
2. Jobs in New Companies 1.6% 1.6%
3. Jobs in Incumbent Companies 76.4% 77.1%
4. Labor Market Churn 21.4% 22.4%
5. Labor Force Participation 67.7% 65.8%
6. Change in Firms -1.7% -0.5%
7. Net Migration -3.8 -7.3
Score 25.6 24.6
Ranking 43 42
1. Business Churn 12.4% 12.5%
2. Jobs in New Companies 1.6% 1.6%
3. Jobs in Incumbent Companies 76.4% 77.1%
4. Labor Market Churn 21.6% 22.4%
5. Labor Force Participation 66.4% 65.8%
6. Change in Firms 0.7% -0.5%
7. Net Migration -5.4 -7.3
Score 26.2 24.6
Ranking 42 42
1. Business Churn 12.6% 12.5%
2. Jobs in New Companies 1.8% 1.6%
3. Jobs in Incumbent Companies 76.8% 77.1%
4. Labor Market Churn 19.6% 22.4%
5. Labor Force Participation 65.5% 65.8%
6. Change in Firms -0.1% -0.5%
7. Net Migration -4.8 -7.3
Score 24.6 24.6
Ranking 41 42
1. Business Churn 12.5% 12.5%
2. Jobs in New Companies 1.6% 1.6%
3. Jobs in Incumbent Companies 77.1% 77.1%
4. Labor Market Churn 22.4% 22.4%
5. Labor Force Participation 65.8% 65.8%
6. Change in Firms -0.5% -0.5%
7. Net Migration -7.3 -7.3
Score 24.6 24.6
Ranking 42 42

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Dynamism Index

  • United States
  • Connecticut

Business Churn

  • United States
  • Connecticut

Jobs in New Companies

  • United States
  • Connecticut

Jobs in Incumbent Companies

  • United States
  • Connecticut

Labor Market Churn

  • United States
  • Connecticut

Labor Force Participation

  • United States
  • Connecticut

Change in Firms

  • United States
  • Connecticut

Net Migration

  • United States
  • Connecticut

Download the ISD Report