The Dynamism Index by State

Dynamism Indicators for Utah

2014
1. Business Churn 20.9% 16.8%
2. Jobs in New Companies 3.4% 2.7%
3. Jobs in Incumbent Companies 55.6% 67.0%
4. Labor Market Churn 33.0% 23.8%
5. Labor Force Participation 71.1% 68.0%
6. Change in Firms 3.5% 2.3%
7. Net Migration 7.9 -0.4
Score 70.0 45.9
Ranking 8 2
1. Business Churn 20.8% 16.8%
2. Jobs in New Companies 3.6% 2.7%
3. Jobs in Incumbent Companies 56.5% 67.0%
4. Labor Market Churn 25.8% 23.8%
5. Labor Force Participation 72.2% 68.0%
6. Change in Firms 4.4% 2.3%
7. Net Migration 10.5 -0.4
Score 67.8 45.9
Ranking 6 2
1. Business Churn 22.5% 16.8%
2. Jobs in New Companies 4.2% 2.7%
3. Jobs in Incumbent Companies 57.7% 67.0%
4. Labor Market Churn 25.8% 23.8%
5. Labor Force Participation 73.0% 68.0%
6. Change in Firms 5.4% 2.3%
7. Net Migration 9.7 -0.4
Score 73.3 45.9
Ranking 4 2
1. Business Churn 22.4% 16.8%
2. Jobs in New Companies 4.4% 2.7%
3. Jobs in Incumbent Companies 58.4% 67.0%
4. Labor Market Churn 26.2% 23.8%
5. Labor Force Participation 72.0% 68.0%
6. Change in Firms 4.7% 2.3%
7. Net Migration 6.6 -0.4
Score 72.2 45.9
Ranking 4 2
1. Business Churn 23.1% 16.8%
2. Jobs in New Companies 4.0% 2.7%
3. Jobs in Incumbent Companies 58.0% 67.0%
4. Labor Market Churn 27.0% 23.8%
5. Labor Force Participation 71.5% 68.0%
6. Change in Firms 5.2% 2.3%
7. Net Migration 5.2 -0.4
Score 72.6 45.9
Ranking 2 2
1. Business Churn 22.9% 16.8%
2. Jobs in New Companies 3.9% 2.7%
3. Jobs in Incumbent Companies 59.5% 67.0%
4. Labor Market Churn 31.8% 23.8%
5. Labor Force Participation 71.8% 68.0%
6. Change in Firms 4.3% 2.3%
7. Net Migration 3.6 -0.4
Score 73.2 45.9
Ranking 3 2
1. Business Churn 22.9% 16.8%
2. Jobs in New Companies 4.1% 2.7%
3. Jobs in Incumbent Companies 59.2% 67.0%
4. Labor Market Churn 33.2% 23.8%
5. Labor Force Participation 72.2% 68.0%
6. Change in Firms 2.5% 2.3%
7. Net Migration -3.4 -0.4
Score 72.2 45.9
Ranking 2 2
1. Business Churn 22.7% 16.8%
2. Jobs in New Companies 3.7% 2.7%
3. Jobs in Incumbent Companies 59.0% 67.0%
4. Labor Market Churn 30.6% 23.8%
5. Labor Force Participation 72.1% 68.0%
6. Change in Firms 2.8% 2.3%
7. Net Migration -4.1 -0.4
Score 69.1 45.9
Ranking 3 2
1. Business Churn 21.5% 16.8%
2. Jobs in New Companies 3.4% 2.7%
3. Jobs in Incumbent Companies 59.5% 67.0%
4. Labor Market Churn 29.6% 23.8%
5. Labor Force Participation 72.1% 68.0%
6. Change in Firms 1.7% 2.3%
7. Net Migration -4.2 -0.4
Score 64.2 45.9
Ranking 3 2
1. Business Churn 21.6% 16.8%
2. Jobs in New Companies 3.3% 2.7%
3. Jobs in Incumbent Companies 62.3% 67.0%
4. Labor Market Churn 36.4% 23.8%
5. Labor Force Participation 71.9% 68.0%
6. Change in Firms 2.9% 2.3%
7. Net Migration -4.2 -0.4
Score 68.0 45.9
Ranking 2 2
1. Business Churn 22.0% 16.8%
2. Jobs in New Companies 3.8% 2.7%
3. Jobs in Incumbent Companies 62.0% 67.0%
4. Labor Market Churn 36.8% 23.8%
5. Labor Force Participation 71.6% 68.0%
6. Change in Firms 3.2% 2.3%
7. Net Migration -3.7 -0.4
Score 70.8 45.9
Ranking 2 2
1. Business Churn 22.5% 16.8%
2. Jobs in New Companies 3.8% 2.7%
3. Jobs in Incumbent Companies 62.8% 67.0%
4. Labor Market Churn 33.4% 23.8%
5. Labor Force Participation 71.1% 68.0%
6. Change in Firms 3.4% 2.3%
7. Net Migration -4.8 -0.4
Score 69.0 45.9
Ranking 2 2
1. Business Churn 21.7% 16.8%
2. Jobs in New Companies 3.4% 2.7%
3. Jobs in Incumbent Companies 62.9% 67.0%
4. Labor Market Churn 27.6% 23.8%
5. Labor Force Participation 71.1% 68.0%
6. Change in Firms 3.8% 2.3%
7. Net Migration -3.3 -0.4
Score 63.8 45.9
Ranking 3 2
1. Business Churn 21.8% 16.8%
2. Jobs in New Companies 3.7% 2.7%
3. Jobs in Incumbent Companies 61.6% 67.0%
4. Labor Market Churn 29.8% 23.8%
5. Labor Force Participation 71.6% 68.0%
6. Change in Firms 4.8% 2.3%
7. Net Migration 2.1 -0.4
Score 68.9 45.9
Ranking 3 2
1. Business Churn 22.8% 16.8%
2. Jobs in New Companies 3.8% 2.7%
3. Jobs in Incumbent Companies 61.1% 67.0%
4. Labor Market Churn 25.0% 23.8%
5. Labor Force Participation 71.8% 68.0%
6. Change in Firms 5.2% 2.3%
7. Net Migration 6.0 -0.4
Score 69.5 45.9
Ranking 3 2
1. Business Churn 21.9% 16.8%
2. Jobs in New Companies 3.4% 2.7%
3. Jobs in Incumbent Companies 62.5% 67.0%
4. Labor Market Churn 28.2% 23.8%
5. Labor Force Participation 71.9% 68.0%
6. Change in Firms 6.0% 2.3%
7. Net Migration 9.8 -0.4
Score 69.4 45.9
Ranking 3 2
1. Business Churn 21.9% 16.8%
2. Jobs in New Companies 2.9% 2.7%
3. Jobs in Incumbent Companies 62.8% 67.0%
4. Labor Market Churn 29.4% 23.8%
5. Labor Force Participation 70.9% 68.0%
6. Change in Firms 0.9% 2.3%
7. Net Migration 6.8 -0.4
Score 62.0 45.9
Ranking 2 2
1. Business Churn 21.6% 16.8%
2. Jobs in New Companies 2.5% 2.7%
3. Jobs in Incumbent Companies 64.5% 67.0%
4. Labor Market Churn 26.4% 23.8%
5. Labor Force Participation 69.2% 68.0%
6. Change in Firms -5.0% 2.3%
7. Net Migration 3.2 -0.4
Score 50.0 45.9
Ranking 2 2
1. Business Churn 19.4% 16.8%
2. Jobs in New Companies 2.9% 2.7%
3. Jobs in Incumbent Companies 65.7% 67.0%
4. Labor Market Churn 25.4% 23.8%
5. Labor Force Participation 68.8% 68.0%
6. Change in Firms -1.4% 2.3%
7. Net Migration 1.4 -0.4
Score 49.8 45.9
Ranking 3 2
1. Business Churn 18.2% 16.8%
2. Jobs in New Companies 2.7% 2.7%
3. Jobs in Incumbent Companies 65.7% 67.0%
4. Labor Market Churn 25.0% 23.8%
5. Labor Force Participation 67.8% 68.0%
6. Change in Firms -0.2% 2.3%
7. Net Migration -0.5 -0.4
Score 47.1 45.9
Ranking 3 2
1. Business Churn 17.5% 16.8%
2. Jobs in New Companies 2.9% 2.7%
3. Jobs in Incumbent Companies 66.6% 67.0%
4. Labor Market Churn 24.4% 23.8%
5. Labor Force Participation 67.7% 68.0%
6. Change in Firms 2.3% 2.3%
7. Net Migration 0.0 -0.4
Score 48.4 45.9
Ranking 3 2
1. Business Churn 16.5% 16.8%
2. Jobs in New Companies 2.4% 2.7%
3. Jobs in Incumbent Companies 66.3% 67.0%
4. Labor Market Churn 24.2% 23.8%
5. Labor Force Participation 68.2% 68.0%
6. Change in Firms 2.5% 2.3%
7. Net Migration 1.9 -0.4
Score 45.7 45.9
Ranking 3 2
1. Business Churn 16.8% 16.8%
2. Jobs in New Companies 2.7% 2.7%
3. Jobs in Incumbent Companies 67.0% 67.0%
4. Labor Market Churn 23.8% 23.8%
5. Labor Force Participation 68.0% 68.0%
6. Change in Firms 2.3% 2.3%
7. Net Migration -0.4 -0.4
Score 45.9 45.9
Ranking 2 2

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Dynamism Index

  • United States
  • Utah

Business Churn

  • United States
  • Utah

Jobs in New Companies

  • United States
  • Utah

Jobs in Incumbent Companies

  • United States
  • Utah

Labor Market Churn

  • United States
  • Utah

Labor Force Participation

  • United States
  • Utah

Change in Firms

  • United States
  • Utah

Net Migration

  • United States
  • Utah

Download the ISD Report