The Dynamism Index by State

Dynamism Indicators for South Carolina

2014
1. Business Churn 19.3% 14.9%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 62.6% 73.3%
4. Labor Market Churn 28.8% 20.2%
5. Labor Force Participation 66.3% 58.9%
6. Change in Firms 1.0% 0.2%
7. Net Migration 1.1 8.1
Score 53.8 29.7
Ranking 24 26
1. Business Churn 18.8% 14.9%
2. Jobs in New Companies 2.6% 2.0%
3. Jobs in Incumbent Companies 63.9% 73.3%
4. Labor Market Churn 25.8% 20.2%
5. Labor Force Participation 66.8% 58.9%
6. Change in Firms 2.2% 0.2%
7. Net Migration 0.5 8.1
Score 51.1 29.7
Ranking 28 26
1. Business Churn 19.2% 14.9%
2. Jobs in New Companies 3.4% 2.0%
3. Jobs in Incumbent Companies 64.3% 73.3%
4. Labor Market Churn 26.0% 20.2%
5. Labor Force Participation 66.4% 58.9%
6. Change in Firms 1.9% 0.2%
7. Net Migration 1.2 8.1
Score 53.8 29.7
Ranking 25 26
1. Business Churn 19.8% 14.9%
2. Jobs in New Companies 3.1% 2.0%
3. Jobs in Incumbent Companies 64.8% 73.3%
4. Labor Market Churn 24.4% 20.2%
5. Labor Force Participation 66.0% 58.9%
6. Change in Firms 2.8% 0.2%
7. Net Migration 2.3 8.1
Score 53.7 29.7
Ranking 19 26
1. Business Churn 19.8% 14.9%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 64.3% 73.3%
4. Labor Market Churn 27.2% 20.2%
5. Labor Force Participation 66.4% 58.9%
6. Change in Firms 2.3% 0.2%
7. Net Migration 4.3 8.1
Score 55.2 29.7
Ranking 18 26
1. Business Churn 19.8% 14.9%
2. Jobs in New Companies 3.1% 2.0%
3. Jobs in Incumbent Companies 64.1% 73.3%
4. Labor Market Churn 29.6% 20.2%
5. Labor Force Participation 66.0% 58.9%
6. Change in Firms 2.4% 0.2%
7. Net Migration 6.5 8.1
Score 57.4 29.7
Ranking 17 26
1. Business Churn 20.1% 14.9%
2. Jobs in New Companies 3.5% 2.0%
3. Jobs in Incumbent Companies 64.4% 73.3%
4. Labor Market Churn 27.6% 20.2%
5. Labor Force Participation 65.9% 58.9%
6. Change in Firms 1.8% 0.2%
7. Net Migration 7.1 8.1
Score 57.2 29.7
Ranking 16 26
1. Business Churn 19.4% 14.9%
2. Jobs in New Companies 3.1% 2.0%
3. Jobs in Incumbent Companies 63.4% 73.3%
4. Labor Market Churn 27.4% 20.2%
5. Labor Force Participation 66.3% 58.9%
6. Change in Firms 2.0% 0.2%
7. Net Migration 6.5 8.1
Score 55.2 29.7
Ranking 15 26
1. Business Churn 18.7% 14.9%
2. Jobs in New Companies 2.9% 2.0%
3. Jobs in Incumbent Companies 63.5% 73.3%
4. Labor Market Churn 27.4% 20.2%
5. Labor Force Participation 65.9% 58.9%
6. Change in Firms 0.3% 0.2%
7. Net Migration 4.5 8.1
Score 50.9 29.7
Ranking 15 26
1. Business Churn 18.5% 14.9%
2. Jobs in New Companies 2.8% 2.0%
3. Jobs in Incumbent Companies 64.8% 73.3%
4. Labor Market Churn 30.2% 20.2%
5. Labor Force Participation 63.6% 58.9%
6. Change in Firms 0.4% 0.2%
7. Net Migration 2.5 8.1
Score 49.9 29.7
Ranking 17 26
1. Business Churn 18.3% 14.9%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 65.9% 73.3%
4. Labor Market Churn 31.2% 20.2%
5. Labor Force Participation 62.9% 58.9%
6. Change in Firms 0.7% 0.2%
7. Net Migration 4.1 8.1
Score 50.6 29.7
Ranking 21 26
1. Business Churn 17.8% 14.9%
2. Jobs in New Companies 3.3% 2.0%
3. Jobs in Incumbent Companies 66.0% 73.3%
4. Labor Market Churn 29.0% 20.2%
5. Labor Force Participation 63.8% 58.9%
6. Change in Firms 1.3% 0.2%
7. Net Migration 4.8 8.1
Score 50.7 29.7
Ranking 14 26
1. Business Churn 17.6% 14.9%
2. Jobs in New Companies 2.8% 2.0%
3. Jobs in Incumbent Companies 66.5% 73.3%
4. Labor Market Churn 27.6% 20.2%
5. Labor Force Participation 64.0% 58.9%
6. Change in Firms 1.7% 0.2%
7. Net Migration 5.9 8.1
Score 48.3 29.7
Ranking 17 26
1. Business Churn 18.2% 14.9%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 66.8% 73.3%
4. Labor Market Churn 25.4% 20.2%
5. Labor Force Participation 64.0% 58.9%
6. Change in Firms 2.5% 0.2%
7. Net Migration 7.5 8.1
Score 49.8 29.7
Ranking 14 26
1. Business Churn 18.6% 14.9%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 66.7% 73.3%
4. Labor Market Churn 24.4% 20.2%
5. Labor Force Participation 63.8% 58.9%
6. Change in Firms 1.3% 0.2%
7. Net Migration 11.2 8.1
Score 49.1 29.7
Ranking 16 26
1. Business Churn 18.0% 14.9%
2. Jobs in New Companies 2.8% 2.0%
3. Jobs in Incumbent Companies 67.0% 73.3%
4. Labor Market Churn 30.0% 20.2%
5. Labor Force Participation 63.0% 58.9%
6. Change in Firms 1.7% 0.2%
7. Net Migration 12.4 8.1
Score 50.7 29.7
Ranking 15 26
1. Business Churn 17.6% 14.9%
2. Jobs in New Companies 2.2% 2.0%
3. Jobs in Incumbent Companies 68.2% 73.3%
4. Labor Market Churn 26.4% 20.2%
5. Labor Force Participation 62.3% 58.9%
6. Change in Firms -0.9% 0.2%
7. Net Migration 11.2 8.1
Score 42.2 29.7
Ranking 20 26
1. Business Churn 17.7% 14.9%
2. Jobs in New Companies 2.6% 2.0%
3. Jobs in Incumbent Companies 69.0% 73.3%
4. Labor Market Churn 22.0% 20.2%
5. Labor Force Participation 61.7% 58.9%
6. Change in Firms -4.3% 0.2%
7. Net Migration 7.0 8.1
Score 36.4 29.7
Ranking 16 26
1. Business Churn 15.9% 14.9%
2. Jobs in New Companies 2.1% 2.0%
3. Jobs in Incumbent Companies 70.1% 73.3%
4. Labor Market Churn 24.4% 20.2%
5. Labor Force Participation 60.5% 58.9%
6. Change in Firms -2.1% 0.2%
7. Net Migration 5.3 8.1
Score 33.8 29.7
Ranking 20 26
1. Business Churn 15.8% 14.9%
2. Jobs in New Companies 2.0% 2.0%
3. Jobs in Incumbent Companies 71.4% 73.3%
4. Labor Market Churn 24.0% 20.2%
5. Labor Force Participation 60.2% 58.9%
6. Change in Firms -2.1% 0.2%
7. Net Migration 3.7 8.1
Score 32.2 29.7
Ranking 21 26
1. Business Churn 14.3% 14.9%
2. Jobs in New Companies 1.9% 2.0%
3. Jobs in Incumbent Companies 71.4% 73.3%
4. Labor Market Churn 23.6% 20.2%
5. Labor Force Participation 59.7% 58.9%
6. Change in Firms 0.7% 0.2%
7. Net Migration 5.7 8.1
Score 31.7 29.7
Ranking 27 26
1. Business Churn 14.3% 14.9%
2. Jobs in New Companies 1.9% 2.0%
3. Jobs in Incumbent Companies 72.7% 73.3%
4. Labor Market Churn 20.8% 20.2%
5. Labor Force Participation 59.1% 58.9%
6. Change in Firms 0.7% 0.2%
7. Net Migration 6.2 8.1
Score 29.4 29.7
Ranking 25 26
1. Business Churn 14.9% 14.9%
2. Jobs in New Companies 2.0% 2.0%
3. Jobs in Incumbent Companies 73.3% 73.3%
4. Labor Market Churn 20.2% 20.2%
5. Labor Force Participation 58.9% 58.9%
6. Change in Firms 0.2% 0.2%
7. Net Migration 8.1 8.1
Score 29.7 29.7
Ranking 26 26

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Dynamism Index

  • United States
  • South Carolina

Business Churn

  • United States
  • South Carolina

Jobs in New Companies

  • United States
  • South Carolina

Jobs in Incumbent Companies

  • United States
  • South Carolina

Labor Market Churn

  • United States
  • South Carolina

Labor Force Participation

  • United States
  • South Carolina

Change in Firms

  • United States
  • South Carolina

Net Migration

  • United States
  • South Carolina

Download the ISD Report