The Dynamism Index by State

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Dynamism Indicators for Michigan

19921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014

2014
1. Business Churn 16.4% 13.2%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 64.1% 75.3%
4. Labor Market Churn 28.4% 20.8%
5. Labor Force Participation 65.6% 60.6%
6. Change in Firms 1.0% -0.1%
7. Net Migration -2.8 -2.9
Score 44.9 24.0
Ranking 43 43
1. Business Churn 16.5% 13.2%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 66.1% 75.3%
4. Labor Market Churn 25.8% 20.8%
5. Labor Force Participation 66.1% 60.6%
6. Change in Firms 1.5% -0.1%
7. Net Migration -3.9 -2.9
Score 43.8 24.0
Ranking 43 43
1. Business Churn 16.6% 13.2%
2. Jobs in New Companies 2.5% 1.6%
3. Jobs in Incumbent Companies 66.2% 75.3%
4. Labor Market Churn 26.0% 20.8%
5. Labor Force Participation 66.5% 60.6%
6. Change in Firms 1.8% -0.1%
7. Net Migration -3.4 -2.9
Score 45.0 24.0
Ranking 44 43
1. Business Churn 17.2% 13.2%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 66.2% 75.3%
4. Labor Market Churn 24.0% 20.8%
5. Labor Force Participation 66.0% 60.6%
6. Change in Firms 2.4% -0.1%
7. Net Migration -1.1 -2.9
Score 46.0 24.0
Ranking 39 43
1. Business Churn 17.0% 13.2%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 65.6% 75.3%
4. Labor Market Churn 26.8% 20.8%
5. Labor Force Participation 66.3% 60.6%
6. Change in Firms 2.0% -0.1%
7. Net Migration -0.7 -2.9
Score 47.3 24.0
Ranking 39 43
1. Business Churn 17.3% 13.2%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 66.1% 75.3%
4. Labor Market Churn 29.4% 20.8%
5. Labor Force Participation 66.9% 60.6%
6. Change in Firms 1.2% -0.1%
7. Net Migration -1.9 -2.9
Score 48.6 24.0
Ranking 37 43
1. Business Churn 17.2% 13.2%
2. Jobs in New Companies 2.8% 1.6%
3. Jobs in Incumbent Companies 66.7% 75.3%
4. Labor Market Churn 26.4% 20.8%
5. Labor Force Participation 67.5% 60.6%
6. Change in Firms 0.2% -0.1%
7. Net Migration -2.6 -2.9
Score 45.9 24.0
Ranking 41 43
1. Business Churn 16.4% 13.2%
2. Jobs in New Companies 2.6% 1.6%
3. Jobs in Incumbent Companies 67.2% 75.3%
4. Labor Market Churn 28.0% 20.8%
5. Labor Force Participation 68.5% 60.6%
6. Change in Firms 0.0% -0.1%
7. Net Migration -1.7 -2.9
Score 45.0 24.0
Ranking 38 43
1. Business Churn 15.9% 13.2%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 67.2% 75.3%
4. Labor Market Churn 28.4% 20.8%
5. Labor Force Participation 68.7% 60.6%
6. Change in Firms 0.1% -0.1%
7. Net Migration -1.9 -2.9
Score 44.1 24.0
Ranking 32 43
1. Business Churn 15.7% 13.2%
2. Jobs in New Companies 2.5% 1.6%
3. Jobs in Incumbent Companies 68.8% 75.3%
4. Labor Market Churn 29.8% 20.8%
5. Labor Force Participation 67.6% 60.6%
6. Change in Firms -0.2% -0.1%
7. Net Migration -2.1 -2.9
Score 43.1 24.0
Ranking 33 43
1. Business Churn 16.3% 13.2%
2. Jobs in New Companies 3.0% 1.6%
3. Jobs in Incumbent Companies 69.3% 75.3%
4. Labor Market Churn 32.2% 20.8%
5. Labor Force Participation 65.8% 60.6%
6. Change in Firms -0.7% -0.1%
7. Net Migration -2.7 -2.9
Score 45.2 24.0
Ranking 36 43
1. Business Churn 15.9% 13.2%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 70.0% 75.3%
4. Labor Market Churn 29.6% 20.8%
5. Labor Force Participation 65.6% 60.6%
6. Change in Firms -0.1% -0.1%
7. Net Migration -2.6 -2.9
Score 42.2 24.0
Ranking 34 43
1. Business Churn 15.8% 13.2%
2. Jobs in New Companies 3.0% 1.6%
3. Jobs in Incumbent Companies 69.8% 75.3%
4. Labor Market Churn 27.6% 20.8%
5. Labor Force Participation 65.7% 60.6%
6. Change in Firms 0.2% -0.1%
7. Net Migration -3.6 -2.9
Score 42.4 24.0
Ranking 30 43
1. Business Churn 16.2% 13.2%
2. Jobs in New Companies 2.9% 1.6%
3. Jobs in Incumbent Companies 70.1% 75.3%
4. Labor Market Churn 27.0% 20.8%
5. Labor Force Participation 65.7% 60.6%
6. Change in Firms 0.5% -0.1%
7. Net Migration -4.8 -2.9
Score 42.4 24.0
Ranking 33 43
1. Business Churn 16.9% 13.2%
2. Jobs in New Companies 2.8% 1.6%
3. Jobs in Incumbent Companies 70.2% 75.3%
4. Labor Market Churn 26.4% 20.8%
5. Labor Force Participation 65.4% 60.6%
6. Change in Firms -0.8% -0.1%
7. Net Migration -6.5 -2.9
Score 40.9 24.0
Ranking 35 43
1. Business Churn 16.2% 13.2%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 71.3% 75.3%
4. Labor Market Churn 28.2% 20.8%
5. Labor Force Participation 64.4% 60.6%
6. Change in Firms -0.8% -0.1%
7. Net Migration -9.4 -2.9
Score 37.9 24.0
Ranking 42 43
1. Business Churn 16.4% 13.2%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 72.0% 75.3%
4. Labor Market Churn 28.0% 20.8%
5. Labor Force Participation 63.3% 60.6%
6. Change in Firms -2.2% -0.1%
7. Net Migration -10.9 -2.9
Score 35.4 24.0
Ranking 37 43
1. Business Churn 15.7% 13.2%
2. Jobs in New Companies 2.1% 1.6%
3. Jobs in Incumbent Companies 72.3% 75.3%
4. Labor Market Churn 23.0% 20.8%
5. Labor Force Participation 63.1% 60.6%
6. Change in Firms -4.1% -0.1%
7. Net Migration -8.8 -2.9
Score 28.8 24.0
Ranking 38 43
1. Business Churn 14.0% 13.2%
2. Jobs in New Companies 1.9% 1.6%
3. Jobs in Incumbent Companies 73.0% 75.3%
4. Labor Market Churn 24.2% 20.8%
5. Labor Force Participation 62.0% 60.6%
6. Change in Firms -2.4% -0.1%
7. Net Migration -6.4 -2.9
Score 27.1 24.0
Ranking 40 43
1. Business Churn 13.8% 13.2%
2. Jobs in New Companies 1.9% 1.6%
3. Jobs in Incumbent Companies 73.5% 75.3%
4. Labor Market Churn 22.0% 20.8%
5. Labor Force Participation 60.5% 60.6%
6. Change in Firms -1.0% -0.1%
7. Net Migration -4.1 -2.9
Score 26.4 24.0
Ranking 39 43
1. Business Churn 13.0% 13.2%
2. Jobs in New Companies 2.0% 1.6%
3. Jobs in Incumbent Companies 74.6% 75.3%
4. Labor Market Churn 24.0% 20.8%
5. Labor Force Participation 60.0% 60.6%
6. Change in Firms 1.2% -0.1%
7. Net Migration -3.3 -2.9
Score 27.9 24.0
Ranking 36 43
1. Business Churn 13.1% 13.2%
2. Jobs in New Companies 1.7% 1.6%
3. Jobs in Incumbent Companies 75.0% 75.3%
4. Labor Market Churn 21.0% 20.8%
5. Labor Force Participation 60.5% 60.6%
6. Change in Firms 0.1% -0.1%
7. Net Migration -2.9 -2.9
Score 24.7 24.0
Ranking 40 43
1. Business Churn 13.2% 13.2%
2. Jobs in New Companies 1.6% 1.6%
3. Jobs in Incumbent Companies 75.3% 75.3%
4. Labor Market Churn 20.8% 20.8%
5. Labor Force Participation 60.6% 60.6%
6. Change in Firms -0.1% -0.1%
7. Net Migration -2.9 -2.9
Score 24.0 24.0
Ranking 43 43

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Indicators (Click on each indicator to move to a particular graph)

    1. Business Churn

    2. Jobs in New Companies

    3. Jobs in Incumbent Companies

    4. Labor Market Churn

    1. Labor Force Participation

    2. Change in Firms

    3. Net Migration

Dynamism Index

  • United States
  • Michigan

Business Churn

  • United States
  • Michigan

Jobs in New Companies

  • United States
  • Michigan

Jobs in Incumbent Companies

  • United States
  • Michigan

Labor Market Churn

  • United States
  • Michigan

Labor Force Participation

  • United States
  • Michigan

Change in Firms

  • United States
  • Michigan

Net Migration

  • United States
  • Michigan

Download the ISD Report