The Dynamism Index by State

Dynamism Indicators for Maryland

2014
1. Business Churn 17.9% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 61.3% 73.5%
4. Labor Market Churn 33.2% 21.6%
5. Labor Force Participation 70.8% 66.8%
6. Change in Firms 0.7% 0.0%
7. Net Migration -1.4 -2.6
Score 55.7 30.2
Ranking 19 25
1. Business Churn 18.0% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 62.6% 73.5%
4. Labor Market Churn 31.6% 21.6%
5. Labor Force Participation 70.6% 66.8%
6. Change in Firms 1.8% 0.0%
7. Net Migration -2.3 -2.6
Score 55.5 30.2
Ranking 16 25
1. Business Churn 17.9% 13.8%
2. Jobs in New Companies 3.0% 1.7%
3. Jobs in Incumbent Companies 62.6% 73.5%
4. Labor Market Churn 30.2% 21.6%
5. Labor Force Participation 70.7% 66.8%
6. Change in Firms 1.6% 0.0%
7. Net Migration -0.5 -2.6
Score 55.0 30.2
Ranking 22 25
1. Business Churn 18.2% 13.8%
2. Jobs in New Companies 2.7% 1.7%
3. Jobs in Incumbent Companies 62.4% 73.5%
4. Labor Market Churn 25.6% 21.6%
5. Labor Force Participation 70.9% 66.8%
6. Change in Firms 2.3% 0.0%
7. Net Migration -1.1 -2.6
Score 52.9 30.2
Ranking 22 25
1. Business Churn 17.9% 13.8%
2. Jobs in New Companies 2.7% 1.7%
3. Jobs in Incumbent Companies 62.7% 73.5%
4. Labor Market Churn 31.0% 21.6%
5. Labor Force Participation 71.0% 66.8%
6. Change in Firms 1.1% 0.0%
7. Net Migration -2.4 -2.6
Score 54.1 30.2
Ranking 21 25
1. Business Churn 18.4% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 63.3% 73.5%
4. Labor Market Churn 31.4% 21.6%
5. Labor Force Participation 71.1% 66.8%
6. Change in Firms 1.1% 0.0%
7. Net Migration -2.7 -2.6
Score 55.2 30.2
Ranking 21 25
1. Business Churn 18.1% 13.8%
2. Jobs in New Companies 3.3% 1.7%
3. Jobs in Incumbent Companies 63.9% 73.5%
4. Labor Market Churn 29.6% 21.6%
5. Labor Force Participation 70.5% 66.8%
6. Change in Firms 0.5% 0.0%
7. Net Migration -1.8 -2.6
Score 54.1 30.2
Ranking 19 25
1. Business Churn 17.2% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 64.4% 73.5%
4. Labor Market Churn 31.2% 21.6%
5. Labor Force Participation 69.9% 66.8%
6. Change in Firms 0.6% 0.0%
7. Net Migration -0.9 -2.6
Score 51.5 30.2
Ranking 19 25
1. Business Churn 16.6% 13.8%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 64.6% 73.5%
4. Labor Market Churn 27.8% 21.6%
5. Labor Force Participation 70.2% 66.8%
6. Change in Firms 0.1% 0.0%
7. Net Migration 0.8 -2.6
Score 47.1 30.2
Ranking 25 25
1. Business Churn 16.1% 13.8%
2. Jobs in New Companies 2.4% 1.7%
3. Jobs in Incumbent Companies 65.3% 73.5%
4. Labor Market Churn 28.2% 21.6%
5. Labor Force Participation 70.1% 66.8%
6. Change in Firms 1.6% 0.0%
7. Net Migration 2.4 -2.6
Score 48.0 30.2
Ranking 20 25
1. Business Churn 16.6% 13.8%
2. Jobs in New Companies 2.9% 1.7%
3. Jobs in Incumbent Companies 66.3% 73.5%
4. Labor Market Churn 33.6% 21.6%
5. Labor Force Participation 69.9% 66.8%
6. Change in Firms 1.4% 0.0%
7. Net Migration 3.0 -2.6
Score 52.8 30.2
Ranking 16 25
1. Business Churn 16.1% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 67.0% 73.5%
4. Labor Market Churn 26.6% 21.6%
5. Labor Force Participation 69.3% 66.8%
6. Change in Firms 1.5% 0.0%
7. Net Migration 1.5 -2.6
Score 46.8 30.2
Ranking 18 25
1. Business Churn 16.3% 13.8%
2. Jobs in New Companies 2.5% 1.7%
3. Jobs in Incumbent Companies 67.3% 73.5%
4. Labor Market Churn 25.4% 21.6%
5. Labor Force Participation 68.7% 66.8%
6. Change in Firms 2.2% 0.0%
7. Net Migration -1.1 -2.6
Score 45.4 30.2
Ranking 20 25
1. Business Churn 16.7% 13.8%
2. Jobs in New Companies 2.6% 1.7%
3. Jobs in Incumbent Companies 68.6% 73.5%
4. Labor Market Churn 26.6% 21.6%
5. Labor Force Participation 68.7% 66.8%
6. Change in Firms 2.2% 0.0%
7. Net Migration -2.4 -2.6
Score 46.3 30.2
Ranking 22 25
1. Business Churn 17.4% 13.8%
2. Jobs in New Companies 2.8% 1.7%
3. Jobs in Incumbent Companies 69.0% 73.5%
4. Labor Market Churn 25.0% 21.6%
5. Labor Force Participation 69.0% 66.8%
6. Change in Firms 1.2% 0.0%
7. Net Migration -4.6 -2.6
Score 45.9 30.2
Ranking 23 25
1. Business Churn 16.3% 13.8%
2. Jobs in New Companies 2.3% 1.7%
3. Jobs in Incumbent Companies 69.8% 73.5%
4. Labor Market Churn 30.2% 21.6%
5. Labor Force Participation 68.7% 66.8%
6. Change in Firms 0.7% 0.0%
7. Net Migration -6.4 -2.6
Score 44.0 30.2
Ranking 25 25
1. Business Churn 16.4% 13.8%
2. Jobs in New Companies 2.1% 1.7%
3. Jobs in Incumbent Companies 70.6% 73.5%
4. Labor Market Churn 26.8% 21.6%
5. Labor Force Participation 68.9% 66.8%
6. Change in Firms -1.3% 0.0%
7. Net Migration -5.7 -2.6
Score 39.4 30.2
Ranking 26 25
1. Business Churn 15.5% 13.8%
2. Jobs in New Companies 1.8% 1.7%
3. Jobs in Incumbent Companies 71.8% 73.5%
4. Labor Market Churn 22.6% 21.6%
5. Labor Force Participation 69.0% 66.8%
6. Change in Firms -3.6% 0.0%
7. Net Migration -2.0 -2.6
Score 32.4 30.2
Ranking 28 25
1. Business Churn 13.9% 13.8%
2. Jobs in New Companies 1.8% 1.7%
3. Jobs in Incumbent Companies 72.2% 73.5%
4. Labor Market Churn 23.6% 21.6%
5. Labor Force Participation 68.5% 66.8%
6. Change in Firms -1.5% 0.0%
7. Net Migration -1.3 -2.6
Score 31.9 30.2
Ranking 23 25
1. Business Churn 14.1% 13.8%
2. Jobs in New Companies 1.9% 1.7%
3. Jobs in Incumbent Companies 72.8% 73.5%
4. Labor Market Churn 22.6% 21.6%
5. Labor Force Participation 68.0% 66.8%
6. Change in Firms -1.2% 0.0%
7. Net Migration -0.5 -2.6
Score 32.1 30.2
Ranking 23 25
1. Business Churn 13.2% 13.8%
2. Jobs in New Companies 1.8% 1.7%
3. Jobs in Incumbent Companies 73.1% 73.5%
4. Labor Market Churn 23.6% 21.6%
5. Labor Force Participation 67.8% 66.8%
6. Change in Firms 1.5% 0.0%
7. Net Migration -1.3 -2.6
Score 33.0 30.2
Ranking 24 25
1. Business Churn 13.2% 13.8%
2. Jobs in New Companies 1.6% 1.7%
3. Jobs in Incumbent Companies 73.7% 73.5%
4. Labor Market Churn 22.4% 21.6%
5. Labor Force Participation 67.3% 66.8%
6. Change in Firms 0.6% 0.0%
7. Net Migration -1.4 -2.6
Score 30.5 30.2
Ranking 23 25
1. Business Churn 13.8% 13.8%
2. Jobs in New Companies 1.7% 1.7%
3. Jobs in Incumbent Companies 73.5% 73.5%
4. Labor Market Churn 21.6% 21.6%
5. Labor Force Participation 66.8% 66.8%
6. Change in Firms 0.0% 0.0%
7. Net Migration -2.6 -2.6
Score 30.2 30.2
Ranking 25 25

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Dynamism Index

  • United States
  • Maryland

Business Churn

  • United States
  • Maryland

Jobs in New Companies

  • United States
  • Maryland

Jobs in Incumbent Companies

  • United States
  • Maryland

Labor Market Churn

  • United States
  • Maryland

Labor Force Participation

  • United States
  • Maryland

Change in Firms

  • United States
  • Maryland

Net Migration

  • United States
  • Maryland

Download the ISD Report