The Dynamism Index by State

Dynamism Indicators for Rhode Island

2014
1. Business Churn 16.9% 12.5%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 64.9% 75.9%
4. Labor Market Churn 28.2% 19.8%
5. Labor Force Participation 67.6% 65.3%
6. Change in Firms -1.9% -0.4%
7. Net Migration -10.4 -3.2
Score 43.0 25.3
Ranking 47 39
1. Business Churn 15.6% 12.5%
2. Jobs in New Companies 2.3% 1.9%
3. Jobs in Incumbent Companies 64.9% 75.9%
4. Labor Market Churn 26.2% 19.8%
5. Labor Force Participation 66.9% 65.3%
6. Change in Firms 1.7% -0.4%
7. Net Migration -9.1 -3.2
Score 42.1 25.3
Ranking 47 39
1. Business Churn 16.6% 12.5%
2. Jobs in New Companies 3.7% 1.9%
3. Jobs in Incumbent Companies 65.1% 75.9%
4. Labor Market Churn 29.0% 19.8%
5. Labor Force Participation 65.8% 65.3%
6. Change in Firms 1.3% -0.4%
7. Net Migration -10.2 -3.2
Score 49.1 25.3
Ranking 35 39
1. Business Churn 15.8% 12.5%
2. Jobs in New Companies 2.1% 1.9%
3. Jobs in Incumbent Companies 65.4% 75.9%
4. Labor Market Churn 23.8% 19.8%
5. Labor Force Participation 65.2% 65.3%
6. Change in Firms 1.0% -0.4%
7. Net Migration -9.4 -3.2
Score 38.6 25.3
Ranking 49 39
1. Business Churn 16.8% 12.5%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 65.5% 75.9%
4. Labor Market Churn 26.4% 19.8%
5. Labor Force Participation 65.4% 65.3%
6. Change in Firms 0.8% -0.4%
7. Net Migration -6.3 -3.2
Score 44.3 25.3
Ranking 44 39
1. Business Churn 16.4% 12.5%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 65.3% 75.9%
4. Labor Market Churn 26.4% 19.8%
5. Labor Force Participation 66.5% 65.3%
6. Change in Firms 1.2% -0.4%
7. Net Migration -5.7 -3.2
Score 44.3 25.3
Ranking 45 39
1. Business Churn 16.4% 12.5%
2. Jobs in New Companies 3.1% 1.9%
3. Jobs in Incumbent Companies 65.8% 75.9%
4. Labor Market Churn 24.8% 19.8%
5. Labor Force Participation 66.5% 65.3%
6. Change in Firms 0.8% -0.4%
7. Net Migration -3.4 -3.2
Score 44.8 25.3
Ranking 44 39
1. Business Churn 15.9% 12.5%
2. Jobs in New Companies 2.1% 1.9%
3. Jobs in Incumbent Companies 66.2% 75.9%
4. Labor Market Churn 26.4% 19.8%
5. Labor Force Participation 66.7% 65.3%
6. Change in Firms -0.4% -0.4%
7. Net Migration -1.0 -3.2
Score 40.7 25.3
Ranking 44 39
1. Business Churn 14.7% 12.5%
2. Jobs in New Companies 3.4% 1.9%
3. Jobs in Incumbent Companies 66.0% 75.9%
4. Labor Market Churn 30.2% 19.8%
5. Labor Force Participation 66.9% 65.3%
6. Change in Firms 0.1% -0.4%
7. Net Migration 0.8 -3.2
Score 45.9 25.3
Ranking 28 39
1. Business Churn 14.6% 12.5%
2. Jobs in New Companies 2.1% 1.9%
3. Jobs in Incumbent Companies 67.4% 75.9%
4. Labor Market Churn 26.0% 19.8%
5. Labor Force Participation 66.4% 65.3%
6. Change in Firms 0.6% -0.4%
7. Net Migration 2.7 -3.2
Score 39.1 25.3
Ranking 43 39
1. Business Churn 14.9% 12.5%
2. Jobs in New Companies 2.2% 1.9%
3. Jobs in Incumbent Companies 68.9% 75.9%
4. Labor Market Churn 29.2% 19.8%
5. Labor Force Participation 66.5% 65.3%
6. Change in Firms -0.3% -0.4%
7. Net Migration 3.8 -3.2
Score 40.6 25.3
Ranking 44 39
1. Business Churn 14.6% 12.5%
2. Jobs in New Companies 2.8% 1.9%
3. Jobs in Incumbent Companies 70.2% 75.9%
4. Labor Market Churn 25.4% 19.8%
5. Labor Force Participation 67.2% 65.3%
6. Change in Firms 1.2% -0.4%
7. Net Migration 1.7 -3.2
Score 40.7 25.3
Ranking 38 39
1. Business Churn 15.5% 12.5%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 70.5% 75.9%
4. Labor Market Churn 22.2% 19.8%
5. Labor Force Participation 66.7% 65.3%
6. Change in Firms 2.4% -0.4%
7. Net Migration -1.4 -3.2
Score 40.4 25.3
Ranking 35 39
1. Business Churn 15.6% 12.5%
2. Jobs in New Companies 2.5% 1.9%
3. Jobs in Incumbent Companies 72.0% 75.9%
4. Labor Market Churn 22.8% 19.8%
5. Labor Force Participation 67.6% 65.3%
6. Change in Firms 0.9% -0.4%
7. Net Migration -9.5 -3.2
Score 37.6 25.3
Ranking 46 39
1. Business Churn 16.1% 12.5%
2. Jobs in New Companies 2.3% 1.9%
3. Jobs in Incumbent Companies 72.4% 75.9%
4. Labor Market Churn 26.6% 19.8%
5. Labor Force Participation 68.4% 65.3%
6. Change in Firms 0.6% -0.4%
7. Net Migration -11.8 -3.2
Score 39.6 25.3
Ranking 40 39
1. Business Churn 15.2% 12.5%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 73.7% 75.9%
4. Labor Market Churn 25.6% 19.8%
5. Labor Force Participation 68.4% 65.3%
6. Change in Firms -0.7% -0.4%
7. Net Migration -9.4 -3.2
Score 36.7 25.3
Ranking 44 39
1. Business Churn 15.1% 12.5%
2. Jobs in New Companies 2.2% 1.9%
3. Jobs in Incumbent Companies 74.3% 75.9%
4. Labor Market Churn 25.0% 19.8%
5. Labor Force Participation 68.0% 65.3%
6. Change in Firms -1.5% -0.4%
7. Net Migration -8.3 -3.2
Score 34.0 25.3
Ranking 42 39
1. Business Churn 14.4% 12.5%
2. Jobs in New Companies 1.6% 1.9%
3. Jobs in Incumbent Companies 74.5% 75.9%
4. Labor Market Churn 21.4% 19.8%
5. Labor Force Participation 67.4% 65.3%
6. Change in Firms -4.9% -0.4%
7. Net Migration -5.9 -3.2
Score 25.2 25.3
Ranking 47 39
1. Business Churn 13.2% 12.5%
2. Jobs in New Companies 1.7% 1.9%
3. Jobs in Incumbent Companies 75.3% 75.9%
4. Labor Market Churn 21.2% 19.8%
5. Labor Force Participation 67.3% 65.3%
6. Change in Firms -1.9% -0.4%
7. Net Migration -5.3 -3.2
Score 26.2 25.3
Ranking 43 39
1. Business Churn 12.8% 12.5%
2. Jobs in New Companies 1.8% 1.9%
3. Jobs in Incumbent Companies 76.1% 75.9%
4. Labor Market Churn 19.6% 19.8%
5. Labor Force Participation 66.4% 65.3%
6. Change in Firms -1.3% -0.4%
7. Net Migration -4.8 -3.2
Score 24.6 25.3
Ranking 45 39
1. Business Churn 12.5% 12.5%
2. Jobs in New Companies 1.7% 1.9%
3. Jobs in Incumbent Companies 75.8% 75.9%
4. Labor Market Churn 23.2% 19.8%
5. Labor Force Participation 66.0% 65.3%
6. Change in Firms 0.5% -0.4%
7. Net Migration -5.1 -3.2
Score 27.3 25.3
Ranking 40 39
1. Business Churn 12.4% 12.5%
2. Jobs in New Companies 1.6% 1.9%
3. Jobs in Incumbent Companies 75.3% 75.9%
4. Labor Market Churn 19.6% 19.8%
5. Labor Force Participation 65.7% 65.3%
6. Change in Firms -0.6% -0.4%
7. Net Migration -3.7 -3.2
Score 24.2 25.3
Ranking 42 39
1. Business Churn 12.5% 12.5%
2. Jobs in New Companies 1.9% 1.9%
3. Jobs in Incumbent Companies 75.9% 75.9%
4. Labor Market Churn 19.8% 19.8%
5. Labor Force Participation 65.3% 65.3%
6. Change in Firms -0.4% -0.4%
7. Net Migration -3.2 -3.2
Score 25.3 25.3
Ranking 39 39

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Dynamism Index

  • United States
  • Rhode Island

Business Churn

  • United States
  • Rhode Island

Jobs in New Companies

  • United States
  • Rhode Island

Jobs in Incumbent Companies

  • United States
  • Rhode Island

Labor Market Churn

  • United States
  • Rhode Island

Labor Force Participation

  • United States
  • Rhode Island

Change in Firms

  • United States
  • Rhode Island

Net Migration

  • United States
  • Rhode Island

Download the ISD Report