The Dynamism Index by State

Dynamism Indicators for Florida

2014
1. Business Churn 24.5% 18.8%
2. Jobs in New Companies 4.3% 2.6%
3. Jobs in Incumbent Companies 52.6% 70.0%
4. Labor Market Churn 38.6% 25.2%
5. Labor Force Participation 62.3% 60.1%
6. Change in Firms 2.0% 1.7%
7. Net Migration 7.6 7.1
Score 77.1 45.0
Ranking 1 3
1. Business Churn 24.1% 18.8%
2. Jobs in New Companies 4.4% 2.6%
3. Jobs in Incumbent Companies 54.0% 70.0%
4. Labor Market Churn 33.8% 25.2%
5. Labor Force Participation 62.1% 60.1%
6. Change in Firms 3.4% 1.7%
7. Net Migration 7.7 7.1
Score 74.6 45.0
Ranking 1 3
1. Business Churn 24.0% 18.8%
2. Jobs in New Companies 4.3% 2.6%
3. Jobs in Incumbent Companies 54.4% 70.0%
4. Labor Market Churn 31.4% 25.2%
5. Labor Force Participation 62.5% 60.1%
6. Change in Firms 2.2% 1.7%
7. Net Migration 10.3 7.1
Score 71.9 45.0
Ranking 6 3
1. Business Churn 23.4% 18.8%
2. Jobs in New Companies 4.0% 2.6%
3. Jobs in Incumbent Companies 54.8% 70.0%
4. Labor Market Churn 31.4% 25.2%
5. Labor Force Participation 62.2% 60.1%
6. Change in Firms 2.0% 1.7%
7. Net Migration 7.2 7.1
Score 68.8 45.0
Ranking 6 3
1. Business Churn 23.1% 18.8%
2. Jobs in New Companies 3.8% 2.6%
3. Jobs in Incumbent Companies 55.7% 70.0%
4. Labor Market Churn 33.6% 25.2%
5. Labor Force Participation 61.9% 60.1%
6. Change in Firms 1.8% 1.7%
7. Net Migration 8.2 7.1
Score 68.5 45.0
Ranking 6 3
1. Business Churn 23.2% 18.8%
2. Jobs in New Companies 4.1% 2.6%
3. Jobs in Incumbent Companies 56.7% 70.0%
4. Labor Market Churn 36.6% 25.2%
5. Labor Force Participation 62.3% 60.1%
6. Change in Firms 1.2% 1.7%
7. Net Migration 8.9 7.1
Score 70.6 45.0
Ranking 6 3
1. Business Churn 23.1% 18.8%
2. Jobs in New Companies 3.8% 2.6%
3. Jobs in Incumbent Companies 56.9% 70.0%
4. Labor Market Churn 32.2% 25.2%
5. Labor Force Participation 62.4% 60.1%
6. Change in Firms 0.7% 1.7%
7. Net Migration 7.7 7.1
Score 65.9 45.0
Ranking 6 3
1. Business Churn 22.7% 18.8%
2. Jobs in New Companies 3.4% 2.6%
3. Jobs in Incumbent Companies 57.3% 70.0%
4. Labor Market Churn 34.4% 25.2%
5. Labor Force Participation 62.3% 60.1%
6. Change in Firms 0.8% 1.7%
7. Net Migration 5.8 7.1
Score 65.1 45.0
Ranking 5 3
1. Business Churn 22.0% 18.8%
2. Jobs in New Companies 3.2% 2.6%
3. Jobs in Incumbent Companies 57.3% 70.0%
4. Labor Market Churn 32.6% 25.2%
5. Labor Force Participation 62.9% 60.1%
6. Change in Firms 0.1% 1.7%
7. Net Migration 7.6 7.1
Score 61.9 45.0
Ranking 6 3
1. Business Churn 21.4% 18.8%
2. Jobs in New Companies 3.1% 2.6%
3. Jobs in Incumbent Companies 60.0% 70.0%
4. Labor Market Churn 34.0% 25.2%
5. Labor Force Participation 63.2% 60.1%
6. Change in Firms 1.7% 1.7%
7. Net Migration 9.4 7.1
Score 62.5 45.0
Ranking 5 3
1. Business Churn 22.0% 18.8%
2. Jobs in New Companies 3.4% 2.6%
3. Jobs in Incumbent Companies 61.0% 70.0%
4. Labor Market Churn 38.8% 25.2%
5. Labor Force Participation 62.4% 60.1%
6. Change in Firms 2.1% 1.7%
7. Net Migration 10.8 7.1
Score 67.0 45.0
Ranking 4 3
1. Business Churn 22.6% 18.8%
2. Jobs in New Companies 3.9% 2.6%
3. Jobs in Incumbent Companies 61.6% 70.0%
4. Labor Market Churn 33.6% 25.2%
5. Labor Force Participation 62.0% 60.1%
6. Change in Firms 3.2% 1.7%
7. Net Migration 10.6 7.1
Score 67.5 45.0
Ranking 3 3
1. Business Churn 24.1% 18.8%
2. Jobs in New Companies 3.9% 2.6%
3. Jobs in Incumbent Companies 61.1% 70.0%
4. Labor Market Churn 35.0% 25.2%
5. Labor Force Participation 62.3% 60.1%
6. Change in Firms 5.0% 1.7%
7. Net Migration 14.7 7.1
Score 73.4 45.0
Ranking 1 3
1. Business Churn 23.4% 18.8%
2. Jobs in New Companies 3.8% 2.6%
3. Jobs in Incumbent Companies 62.2% 70.0%
4. Labor Market Churn 31.4% 25.2%
5. Labor Force Participation 62.8% 60.1%
6. Change in Firms 4.8% 1.7%
7. Net Migration 15.1 7.1
Score 69.5 45.0
Ranking 2 3
1. Business Churn 23.4% 18.8%
2. Jobs in New Companies 4.0% 2.6%
3. Jobs in Incumbent Companies 62.7% 70.0%
4. Labor Market Churn 26.8% 25.2%
5. Labor Force Participation 63.5% 60.1%
6. Change in Firms 3.1% 1.7%
7. Net Migration 9.3 7.1
Score 65.3 45.0
Ranking 5 3
1. Business Churn 22.8% 18.8%
2. Jobs in New Companies 3.6% 2.6%
3. Jobs in Incumbent Companies 63.6% 70.0%
4. Labor Market Churn 35.6% 25.2%
5. Labor Force Participation 63.9% 60.1%
6. Change in Firms 1.4% 1.7%
7. Net Migration 1.9 7.1
Score 64.6 45.0
Ranking 4 3
1. Business Churn 23.6% 18.8%
2. Jobs in New Companies 2.9% 2.6%
3. Jobs in Incumbent Companies 66.2% 70.0%
4. Labor Market Churn 31.0% 25.2%
5. Labor Force Participation 63.7% 60.1%
6. Change in Firms -2.6% 1.7%
7. Net Migration -0.5 7.1
Score 55.8 45.0
Ranking 4 3
1. Business Churn 22.6% 18.8%
2. Jobs in New Companies 2.8% 2.6%
3. Jobs in Incumbent Companies 67.5% 70.0%
4. Labor Market Churn 25.4% 25.2%
5. Labor Force Participation 62.3% 60.1%
6. Change in Firms -4.8% 1.7%
7. Net Migration -1.7 7.1
Score 46.5 45.0
Ranking 5 3
1. Business Churn 20.4% 18.8%
2. Jobs in New Companies 3.2% 2.6%
3. Jobs in Incumbent Companies 67.5% 70.0%
4. Labor Market Churn 30.4% 25.2%
5. Labor Force Participation 61.6% 60.1%
6. Change in Firms -0.8% 1.7%
7. Net Migration 2.0 7.1
Score 51.2 45.0
Ranking 2 3
1. Business Churn 20.4% 18.8%
2. Jobs in New Companies 3.0% 2.6%
3. Jobs in Incumbent Companies 68.2% 70.0%
4. Labor Market Churn 28.6% 25.2%
5. Labor Force Participation 61.0% 60.1%
6. Change in Firms 0.4% 1.7%
7. Net Migration 5.7 7.1
Score 50.6 45.0
Ranking 2 3
1. Business Churn 18.8% 18.8%
2. Jobs in New Companies 2.9% 2.6%
3. Jobs in Incumbent Companies 69.0% 70.0%
4. Labor Market Churn 27.0% 25.2%
5. Labor Force Participation 60.7% 60.1%
6. Change in Firms 2.9% 1.7%
7. Net Migration 5.3 7.1
Score 48.6 45.0
Ranking 2 3
1. Business Churn 18.5% 18.8%
2. Jobs in New Companies 2.6% 2.6%
3. Jobs in Incumbent Companies 69.2% 70.0%
4. Labor Market Churn 24.8% 25.2%
5. Labor Force Participation 60.2% 60.1%
6. Change in Firms 2.3% 1.7%
7. Net Migration 4.7 7.1
Score 44.7 45.0
Ranking 4 3
1. Business Churn 18.8% 18.8%
2. Jobs in New Companies 2.6% 2.6%
3. Jobs in Incumbent Companies 70.0% 70.0%
4. Labor Market Churn 25.2% 25.2%
5. Labor Force Participation 60.1% 60.1%
6. Change in Firms 1.7% 1.7%
7. Net Migration 7.1 7.1
Score 45.0 45.0
Ranking 3 3

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Dynamism Index

  • United States
  • Florida

Business Churn

  • United States
  • Florida

Jobs in New Companies

  • United States
  • Florida

Jobs in Incumbent Companies

  • United States
  • Florida

Labor Market Churn

  • United States
  • Florida

Labor Force Participation

  • United States
  • Florida

Change in Firms

  • United States
  • Florida

Net Migration

  • United States
  • Florida

Download the ISD Report