The Dynamism Index by State

Dynamism Indicators for New Mexico

2014
1. Business Churn 19.1% 14.3%
2. Jobs in New Companies 3.8% 2.1%
3. Jobs in Incumbent Companies 52.9% 70.1%
4. Labor Market Churn 35.6% 24.0%
5. Labor Force Participation 63.7% 57.5%
6. Change in Firms 1.4% -0.8%
7. Net Migration 7.9 -6.8
Score 64.3 28.3
Ranking 14 29
1. Business Churn 18.8% 14.3%
2. Jobs in New Companies 3.7% 2.1%
3. Jobs in Incumbent Companies 54.3% 70.1%
4. Labor Market Churn 30.4% 24.0%
5. Labor Force Participation 63.6% 57.5%
6. Change in Firms 3.5% -0.8%
7. Net Migration 8.4 -6.8
Score 62.1 28.3
Ranking 12 29
1. Business Churn 20.3% 14.3%
2. Jobs in New Companies 4.0% 2.1%
3. Jobs in Incumbent Companies 54.9% 70.1%
4. Labor Market Churn 29.6% 24.0%
5. Labor Force Participation 63.8% 57.5%
6. Change in Firms 2.9% -0.8%
7. Net Migration 11.4 -6.8
Score 64.8 28.3
Ranking 12 29
1. Business Churn 20.4% 14.3%
2. Jobs in New Companies 4.1% 2.1%
3. Jobs in Incumbent Companies 54.9% 70.1%
4. Labor Market Churn 27.8% 24.0%
5. Labor Force Participation 63.7% 57.5%
6. Change in Firms 2.3% -0.8%
7. Net Migration 6.1 -6.8
Score 62.8 28.3
Ranking 12 29
1. Business Churn 19.8% 14.3%
2. Jobs in New Companies 3.9% 2.1%
3. Jobs in Incumbent Companies 56.6% 70.1%
4. Labor Market Churn 30.2% 24.0%
5. Labor Force Participation 63.4% 57.5%
6. Change in Firms 2.2% -0.8%
7. Net Migration 2.8 -6.8
Score 61.0 28.3
Ranking 14 29
1. Business Churn 20.1% 14.3%
2. Jobs in New Companies 3.7% 2.1%
3. Jobs in Incumbent Companies 56.8% 70.1%
4. Labor Market Churn 34.4% 24.0%
5. Labor Force Participation 63.3% 57.5%
6. Change in Firms 0.6% -0.8%
7. Net Migration -1.9 -6.8
Score 60.7 28.3
Ranking 15 29
1. Business Churn 19.5% 14.3%
2. Jobs in New Companies 4.4% 2.1%
3. Jobs in Incumbent Companies 57.5% 70.1%
4. Labor Market Churn 31.8% 24.0%
5. Labor Force Participation 63.4% 57.5%
6. Change in Firms 0.5% -0.8%
7. Net Migration -4.7 -6.8
Score 59.7 28.3
Ranking 14 29
1. Business Churn 18.9% 14.3%
2. Jobs in New Companies 3.3% 2.1%
3. Jobs in Incumbent Companies 59.4% 70.1%
4. Labor Market Churn 31.4% 24.0%
5. Labor Force Participation 62.8% 57.5%
6. Change in Firms -0.3% -0.8%
7. Net Migration -7.2 -6.8
Score 52.5 28.3
Ranking 18 29
1. Business Churn 18.4% 14.3%
2. Jobs in New Companies 3.1% 2.1%
3. Jobs in Incumbent Companies 59.9% 70.1%
4. Labor Market Churn 31.8% 24.0%
5. Labor Force Participation 63.0% 57.5%
6. Change in Firms -0.8% -0.8%
7. Net Migration -6.5 -6.8
Score 50.8 28.3
Ranking 16 29
1. Business Churn 17.7% 14.3%
2. Jobs in New Companies 3.4% 2.1%
3. Jobs in Incumbent Companies 60.3% 70.1%
4. Labor Market Churn 33.8% 24.0%
5. Labor Force Participation 63.4% 57.5%
6. Change in Firms 0.6% -0.8%
7. Net Migration -5.7 -6.8
Score 53.0 28.3
Ranking 13 29
1. Business Churn 17.4% 14.3%
2. Jobs in New Companies 3.6% 2.1%
3. Jobs in Incumbent Companies 60.9% 70.1%
4. Labor Market Churn 35.6% 24.0%
5. Labor Force Participation 63.7% 57.5%
6. Change in Firms 1.0% -0.8%
7. Net Migration 2.7 -6.8
Score 56.0 28.3
Ranking 13 29
1. Business Churn 16.6% 14.3%
2. Jobs in New Companies 3.2% 2.1%
3. Jobs in Incumbent Companies 62.9% 70.1%
4. Labor Market Churn 27.0% 24.0%
5. Labor Force Participation 63.9% 57.5%
6. Change in Firms 1.1% -0.8%
7. Net Migration 2.7 -6.8
Score 47.7 28.3
Ranking 16 29
1. Business Churn 17.0% 14.3%
2. Jobs in New Companies 3.2% 2.1%
3. Jobs in Incumbent Companies 63.5% 70.1%
4. Labor Market Churn 28.0% 24.0%
5. Labor Force Participation 63.8% 57.5%
6. Change in Firms 1.5% -0.8%
7. Net Migration 3.2 -6.8
Score 49.3 28.3
Ranking 15 29
1. Business Churn 17.1% 14.3%
2. Jobs in New Companies 3.0% 2.1%
3. Jobs in Incumbent Companies 64.3% 70.1%
4. Labor Market Churn 28.0% 24.0%
5. Labor Force Participation 63.9% 57.5%
6. Change in Firms 1.8% -0.8%
7. Net Migration 2.7 -6.8
Score 48.8 28.3
Ranking 18 29
1. Business Churn 18.1% 14.3%
2. Jobs in New Companies 3.2% 2.1%
3. Jobs in Incumbent Companies 63.4% 70.1%
4. Labor Market Churn 25.0% 24.0%
5. Labor Force Participation 63.5% 57.5%
6. Change in Firms 1.5% -0.8%
7. Net Migration 4.5 -6.8
Score 49.6 28.3
Ranking 15 29
1. Business Churn 16.9% 14.3%
2. Jobs in New Companies 4.3% 2.1%
3. Jobs in Incumbent Companies 62.6% 70.1%
4. Labor Market Churn 30.6% 24.0%
5. Labor Force Participation 63.0% 57.5%
6. Change in Firms 1.6% -0.8%
7. Net Migration 4.3 -6.8
Score 54.2 28.3
Ranking 11 29
1. Business Churn 17.0% 14.3%
2. Jobs in New Companies 2.5% 2.1%
3. Jobs in Incumbent Companies 64.2% 70.1%
4. Labor Market Churn 28.0% 24.0%
5. Labor Force Participation 63.0% 57.5%
6. Change in Firms -0.1% -0.8%
7. Net Migration 0.5 -6.8
Score 44.1 28.3
Ranking 15 29
1. Business Churn 16.6% 14.3%
2. Jobs in New Companies 2.2% 2.1%
3. Jobs in Incumbent Companies 65.3% 70.1%
4. Labor Market Churn 23.8% 24.0%
5. Labor Force Participation 62.0% 57.5%
6. Change in Firms -3.5% -0.8%
7. Net Migration 1.7 -6.8
Score 35.7 28.3
Ranking 19 29
1. Business Churn 14.8% 14.3%
2. Jobs in New Companies 2.0% 2.1%
3. Jobs in Incumbent Companies 66.8% 70.1%
4. Labor Market Churn 23.6% 24.0%
5. Labor Force Participation 60.0% 57.5%
6. Change in Firms -2.5% -0.8%
7. Net Migration 0.9 -6.8
Score 30.8 28.3
Ranking 28 29
1. Business Churn 14.8% 14.3%
2. Jobs in New Companies 2.1% 2.1%
3. Jobs in Incumbent Companies 67.7% 70.1%
4. Labor Market Churn 24.0% 24.0%
5. Labor Force Participation 58.8% 57.5%
6. Change in Firms -1.4% -0.8%
7. Net Migration 0.0 -6.8
Score 31.6 28.3
Ranking 25 29
1. Business Churn 14.4% 14.3%
2. Jobs in New Companies 2.3% 2.1%
3. Jobs in Incumbent Companies 67.9% 70.1%
4. Labor Market Churn 26.4% 24.0%
5. Labor Force Participation 58.4% 57.5%
6. Change in Firms 0.5% -0.8%
7. Net Migration -3.6 -6.8
Score 33.9 28.3
Ranking 21 29
1. Business Churn 14.3% 14.3%
2. Jobs in New Companies 2.3% 2.1%
3. Jobs in Incumbent Companies 69.3% 70.1%
4. Labor Market Churn 25.8% 24.0%
5. Labor Force Participation 57.8% 57.5%
6. Change in Firms -0.2% -0.8%
7. Net Migration -5.0 -6.8
Score 31.4 28.3
Ranking 21 29
1. Business Churn 14.3% 14.3%
2. Jobs in New Companies 2.1% 2.1%
3. Jobs in Incumbent Companies 70.1% 70.1%
4. Labor Market Churn 24.0% 24.0%
5. Labor Force Participation 57.5% 57.5%
6. Change in Firms -0.8% -0.8%
7. Net Migration -6.8 -6.8
Score 28.3 28.3
Ranking 29 29

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Dynamism Index

  • United States
  • New Mexico

Business Churn

  • United States
  • New Mexico

Jobs in New Companies

  • United States
  • New Mexico

Jobs in Incumbent Companies

  • United States
  • New Mexico

Labor Market Churn

  • United States
  • New Mexico

Labor Force Participation

  • United States
  • New Mexico

Change in Firms

  • United States
  • New Mexico

Net Migration

  • United States
  • New Mexico

Download the ISD Report