The Dynamism Index by State

Dynamism Indicators for Alabama

2014
1. Business Churn 19.1% 13.4%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 58.9% 73.6%
4. Labor Market Churn 29.4% 22.6%
5. Labor Force Participation 62.4% 57.1%
6. Change in Firms 1.5% -0.4%
7. Net Migration 4.6 0.4
Score 54.6 25.5
Ranking 21 38
1. Business Churn 19.1% 13.4%
2. Jobs in New Companies 2.8% 2.0%
3. Jobs in Incumbent Companies 61.1% 73.6%
4. Labor Market Churn 26.0% 22.6%
5. Labor Force Participation 62.7% 57.1%
6. Change in Firms 2.3% -0.4%
7. Net Migration 6.0 0.4
Score 52.1 25.5
Ranking 25 38
1. Business Churn 19.7% 13.4%
2. Jobs in New Companies 3.3% 2.0%
3. Jobs in Incumbent Companies 62.6% 73.6%
4. Labor Market Churn 26.8% 22.6%
5. Labor Force Participation 62.8% 57.1%
6. Change in Firms 2.8% -0.4%
7. Net Migration 3.4 0.4
Score 54.8 25.5
Ranking 23 38
1. Business Churn 19.5% 13.4%
2. Jobs in New Companies 3.1% 2.0%
3. Jobs in Incumbent Companies 63.4% 73.6%
4. Labor Market Churn 23.8% 22.6%
5. Labor Force Participation 63.5% 57.1%
6. Change in Firms 2.6% -0.4%
7. Net Migration 2.2 0.4
Score 51.7 25.5
Ranking 26 38
1. Business Churn 19.9% 13.4%
2. Jobs in New Companies 2.7% 2.0%
3. Jobs in Incumbent Companies 63.3% 73.6%
4. Labor Market Churn 28.4% 22.6%
5. Labor Force Participation 63.5% 57.1%
6. Change in Firms 1.8% -0.4%
7. Net Migration 2.2 0.4
Score 53.0 25.5
Ranking 24 38
1. Business Churn 19.8% 13.4%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 64.4% 73.6%
4. Labor Market Churn 32.2% 22.6%
5. Labor Force Participation 64.4% 57.1%
6. Change in Firms 1.2% -0.4%
7. Net Migration 2.3 0.4
Score 55.4 25.5
Ranking 20 38
1. Business Churn 19.8% 13.4%
2. Jobs in New Companies 3.1% 2.0%
3. Jobs in Incumbent Companies 64.4% 73.6%
4. Labor Market Churn 29.4% 22.6%
5. Labor Force Participation 63.9% 57.1%
6. Change in Firms 0.1% -0.4%
7. Net Migration 2.2 0.4
Score 52.9 25.5
Ranking 22 38
1. Business Churn 19.0% 13.4%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 64.7% 73.6%
4. Labor Market Churn 29.0% 22.6%
5. Labor Force Participation 63.7% 57.1%
6. Change in Firms 0.0% -0.4%
7. Net Migration -0.1 0.4
Score 50.1 25.5
Ranking 22 38
1. Business Churn 18.1% 13.4%
2. Jobs in New Companies 2.3% 2.0%
3. Jobs in Incumbent Companies 65.9% 73.6%
4. Labor Market Churn 27.6% 22.6%
5. Labor Force Participation 63.1% 57.1%
6. Change in Firms -0.9% -0.4%
7. Net Migration -0.9 0.4
Score 43.7 25.5
Ranking 33 38
1. Business Churn 17.5% 13.4%
2. Jobs in New Companies 2.3% 2.0%
3. Jobs in Incumbent Companies 66.8% 73.6%
4. Labor Market Churn 27.2% 22.6%
5. Labor Force Participation 62.4% 57.1%
6. Change in Firms -0.9% -0.4%
7. Net Migration -1.7 0.4
Score 41.3 25.5
Ranking 37 38
1. Business Churn 17.3% 13.4%
2. Jobs in New Companies 2.6% 2.0%
3. Jobs in Incumbent Companies 67.7% 73.6%
4. Labor Market Churn 32.2% 22.6%
5. Labor Force Participation 61.9% 57.1%
6. Change in Firms 0.2% -0.4%
7. Net Migration -1.0 0.4
Score 45.3 25.5
Ranking 35 38
1. Business Churn 17.3% 13.4%
2. Jobs in New Companies 2.7% 2.0%
3. Jobs in Incumbent Companies 68.7% 73.6%
4. Labor Market Churn 27.0% 22.6%
5. Labor Force Participation 62.0% 57.1%
6. Change in Firms 0.4% -0.4%
7. Net Migration 1.0 0.4
Score 43.0 25.5
Ranking 31 38
1. Business Churn 16.9% 13.4%
2. Jobs in New Companies 2.5% 2.0%
3. Jobs in Incumbent Companies 69.1% 73.6%
4. Labor Market Churn 27.0% 22.6%
5. Labor Force Participation 62.0% 57.1%
6. Change in Firms 0.9% -0.4%
7. Net Migration 1.8 0.4
Score 42.1 25.5
Ranking 32 38
1. Business Churn 17.0% 13.4%
2. Jobs in New Companies 2.7% 2.0%
3. Jobs in Incumbent Companies 69.6% 73.6%
4. Labor Market Churn 26.8% 22.6%
5. Labor Force Participation 61.7% 57.1%
6. Change in Firms 1.2% -0.4%
7. Net Migration 2.9 0.4
Score 42.8 25.5
Ranking 30 38
1. Business Churn 17.6% 13.4%
2. Jobs in New Companies 3.0% 2.0%
3. Jobs in Incumbent Companies 69.4% 73.6%
4. Labor Market Churn 26.6% 22.6%
5. Labor Force Participation 61.5% 57.1%
6. Change in Firms 0.1% -0.4%
7. Net Migration 6.9 0.4
Score 44.3 25.5
Ranking 28 38
1. Business Churn 16.9% 13.4%
2. Jobs in New Companies 2.5% 2.0%
3. Jobs in Incumbent Companies 70.3% 73.6%
4. Labor Market Churn 29.4% 22.6%
5. Labor Force Participation 61.1% 57.1%
6. Change in Firms 1.8% -0.4%
7. Net Migration 4.0 0.4
Score 43.8 25.5
Ranking 27 38
1. Business Churn 16.8% 13.4%
2. Jobs in New Companies 2.1% 2.0%
3. Jobs in Incumbent Companies 71.4% 73.6%
4. Labor Market Churn 26.6% 22.6%
5. Labor Force Participation 60.6% 57.1%
6. Change in Firms -0.8% -0.4%
7. Net Migration 3.2 0.4
Score 37.0 25.5
Ranking 31 38
1. Business Churn 16.6% 13.4%
2. Jobs in New Companies 2.0% 2.0%
3. Jobs in Incumbent Companies 72.4% 73.6%
4. Labor Market Churn 21.2% 22.6%
5. Labor Force Participation 59.7% 57.1%
6. Change in Firms -3.4% -0.4%
7. Net Migration 2.3 0.4
Score 29.4 25.5
Ranking 35 38
1. Business Churn 15.0% 13.4%
2. Jobs in New Companies 1.9% 2.0%
3. Jobs in Incumbent Companies 73.3% 73.6%
4. Labor Market Churn 22.4% 22.6%
5. Labor Force Participation 59.5% 57.1%
6. Change in Firms -2.6% -0.4%
7. Net Migration 1.2 0.4
Score 27.3 25.5
Ranking 36 38
1. Business Churn 14.7% 13.4%
2. Jobs in New Companies 1.8% 2.0%
3. Jobs in Incumbent Companies 73.2% 73.6%
4. Labor Market Churn 23.2% 22.6%
5. Labor Force Participation 59.1% 57.1%
6. Change in Firms -1.9% -0.4%
7. Net Migration 0.1 0.4
Score 27.2 25.5
Ranking 37 38
1. Business Churn 13.8% 13.4%
2. Jobs in New Companies 1.8% 2.0%
3. Jobs in Incumbent Companies 73.1% 73.6%
4. Labor Market Churn 24.0% 22.6%
5. Labor Force Participation 58.1% 57.1%
6. Change in Firms 0.0% -0.4%
7. Net Migration 0.0 0.4
Score 27.6 25.5
Ranking 39 38
1. Business Churn 13.7% 13.4%
2. Jobs in New Companies 1.9% 2.0%
3. Jobs in Incumbent Companies 73.7% 73.6%
4. Labor Market Churn 22.0% 22.6%
5. Labor Force Participation 57.6% 57.1%
6. Change in Firms -0.2% -0.4%
7. Net Migration 0.1 0.4
Score 25.9 25.5
Ranking 39 38
1. Business Churn 13.4% 13.4%
2. Jobs in New Companies 2.0% 2.0%
3. Jobs in Incumbent Companies 73.6% 73.6%
4. Labor Market Churn 22.6% 22.6%
5. Labor Force Participation 57.1% 57.1%
6. Change in Firms -0.4% -0.4%
7. Net Migration 0.4 0.4
Score 25.5 25.5
Ranking 38 38

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Dynamism Index

  • United States
  • Alabama

Business Churn

  • United States
  • Alabama

Jobs in New Companies

  • United States
  • Alabama

Jobs in Incumbent Companies

  • United States
  • Alabama

Labor Market Churn

  • United States
  • Alabama

Labor Force Participation

  • United States
  • Alabama

Change in Firms

  • United States
  • Alabama

Net Migration

  • United States
  • Alabama

Download the ISD Report