The Dynamism Index by State

Dynamism Indicators for Minnesota

2014
1. Business Churn 17.0% 12.6%
2. Jobs in New Companies 2.4% 2.9%
3. Jobs in Incumbent Companies 62.5% 76.5%
4. Labor Market Churn 27.4% 19.4%
5. Labor Force Participation 73.8% 70.1%
6. Change in Firms 1.1% 0.4%
7. Net Migration 1.8 -1.2
Score 51.5 31.9
Ranking 30 22
1. Business Churn 16.2% 12.6%
2. Jobs in New Companies 2.6% 2.9%
3. Jobs in Incumbent Companies 64.5% 76.5%
4. Labor Market Churn 24.6% 19.4%
5. Labor Force Participation 74.2% 70.1%
6. Change in Firms 2.9% 0.4%
7. Net Migration 3.6 -1.2
Score 50.8 31.9
Ranking 29 22
1. Business Churn 16.6% 12.6%
2. Jobs in New Companies 2.6% 2.9%
3. Jobs in Incumbent Companies 65.0% 76.5%
4. Labor Market Churn 24.0% 19.4%
5. Labor Force Participation 74.3% 70.1%
6. Change in Firms 2.7% 0.4%
7. Net Migration 2.9 -1.2
Score 50.9 31.9
Ranking 31 22
1. Business Churn 16.5% 12.6%
2. Jobs in New Companies 3.0% 2.9%
3. Jobs in Incumbent Companies 65.1% 76.5%
4. Labor Market Churn 22.0% 19.4%
5. Labor Force Participation 74.6% 70.1%
6. Change in Firms 2.1% 0.4%
7. Net Migration 1.7 -1.2
Score 50.1 31.9
Ranking 29 22
1. Business Churn 16.7% 12.6%
2. Jobs in New Companies 2.5% 2.9%
3. Jobs in Incumbent Companies 65.7% 76.5%
4. Labor Market Churn 25.2% 19.4%
5. Labor Force Participation 74.9% 70.1%
6. Change in Firms 2.8% 0.4%
7. Net Migration 2.6 -1.2
Score 51.3 31.9
Ranking 30 22
1. Business Churn 17.2% 12.6%
2. Jobs in New Companies 2.3% 2.9%
3. Jobs in Incumbent Companies 67.3% 76.5%
4. Labor Market Churn 27.8% 19.4%
5. Labor Force Participation 74.7% 70.1%
6. Change in Firms 1.8% 0.4%
7. Net Migration 1.1 -1.2
Score 51.2 31.9
Ranking 30 22
1. Business Churn 16.8% 12.6%
2. Jobs in New Companies 2.8% 2.9%
3. Jobs in Incumbent Companies 68.0% 76.5%
4. Labor Market Churn 24.6% 19.4%
5. Labor Force Participation 74.8% 70.1%
6. Change in Firms 2.0% 0.4%
7. Net Migration 1.1 -1.2
Score 50.0 31.9
Ranking 32 22
1. Business Churn 16.0% 12.6%
2. Jobs in New Companies 2.5% 2.9%
3. Jobs in Incumbent Companies 68.4% 76.5%
4. Labor Market Churn 25.2% 19.4%
5. Labor Force Participation 74.9% 70.1%
6. Change in Firms 1.4% 0.4%
7. Net Migration 2.9 -1.2
Score 47.7 31.9
Ranking 30 22
1. Business Churn 15.7% 12.6%
2. Jobs in New Companies 2.3% 2.9%
3. Jobs in Incumbent Companies 69.1% 76.5%
4. Labor Market Churn 24.6% 19.4%
5. Labor Force Participation 75.4% 70.1%
6. Change in Firms 0.9% 0.4%
7. Net Migration 2.2 -1.2
Score 45.6 31.9
Ranking 29 22
1. Business Churn 15.5% 12.6%
2. Jobs in New Companies 2.2% 2.9%
3. Jobs in Incumbent Companies 69.9% 76.5%
4. Labor Market Churn 27.8% 19.4%
5. Labor Force Participation 75.3% 70.1%
6. Change in Firms 1.3% 0.4%
7. Net Migration 1.4 -1.2
Score 46.5 31.9
Ranking 24 22
1. Business Churn 16.0% 12.6%
2. Jobs in New Companies 2.5% 2.9%
3. Jobs in Incumbent Companies 70.7% 76.5%
4. Labor Market Churn 30.8% 19.4%
5. Labor Force Participation 74.8% 70.1%
6. Change in Firms 0.0% 0.4%
7. Net Migration -1.3 -1.2
Score 47.8 31.9
Ranking 24 22
1. Business Churn 15.7% 12.6%
2. Jobs in New Companies 2.4% 2.9%
3. Jobs in Incumbent Companies 70.8% 76.5%
4. Labor Market Churn 27.2% 19.4%
5. Labor Force Participation 74.5% 70.1%
6. Change in Firms 1.4% 0.4%
7. Net Migration -1.5 -1.2
Score 46.1 31.9
Ranking 22 22
1. Business Churn 15.8% 12.6%
2. Jobs in New Companies 2.3% 2.9%
3. Jobs in Incumbent Companies 71.1% 76.5%
4. Labor Market Churn 25.6% 19.4%
5. Labor Force Participation 74.0% 70.1%
6. Change in Firms 1.7% 0.4%
7. Net Migration -1.7 -1.2
Score 44.9 31.9
Ranking 21 22
1. Business Churn 15.8% 12.6%
2. Jobs in New Companies 2.4% 2.9%
3. Jobs in Incumbent Companies 71.8% 76.5%
4. Labor Market Churn 23.4% 19.4%
5. Labor Force Participation 73.3% 70.1%
6. Change in Firms 1.6% 0.4%
7. Net Migration -1.7 -1.2
Score 43.3 31.9
Ranking 28 22
1. Business Churn 16.6% 12.6%
2. Jobs in New Companies 2.6% 2.9%
3. Jobs in Incumbent Companies 72.2% 76.5%
4. Labor Market Churn 24.0% 19.4%
5. Labor Force Participation 72.7% 70.1%
6. Change in Firms 0.5% 0.4%
7. Net Migration -0.9 -1.2
Score 44.0 31.9
Ranking 29 22
1. Business Churn 15.5% 12.6%
2. Jobs in New Companies 2.2% 2.9%
3. Jobs in Incumbent Companies 73.5% 76.5%
4. Labor Market Churn 26.6% 19.4%
5. Labor Force Participation 72.4% 70.1%
6. Change in Firms 0.2% 0.4%
7. Net Migration -1.2 -1.2
Score 41.1 31.9
Ranking 35 22
1. Business Churn 15.3% 12.6%
2. Jobs in New Companies 2.0% 2.9%
3. Jobs in Incumbent Companies 73.7% 76.5%
4. Labor Market Churn 26.0% 19.4%
5. Labor Force Participation 72.2% 70.1%
6. Change in Firms -1.3% 0.4%
7. Net Migration -1.4 -1.2
Score 38.3 31.9
Ranking 27 22
1. Business Churn 14.6% 12.6%
2. Jobs in New Companies 1.8% 2.9%
3. Jobs in Incumbent Companies 74.5% 76.5%
4. Labor Market Churn 21.8% 19.4%
5. Labor Force Participation 72.0% 70.1%
6. Change in Firms -3.0% 0.4%
7. Net Migration -1.7 -1.2
Score 31.7 31.9
Ranking 30 22
1. Business Churn 12.9% 12.6%
2. Jobs in New Companies 1.7% 2.9%
3. Jobs in Incumbent Companies 75.1% 76.5%
4. Labor Market Churn 22.8% 19.4%
5. Labor Force Participation 71.4% 70.1%
6. Change in Firms -1.2% 0.4%
7. Net Migration -1.3 -1.2
Score 30.4 31.9
Ranking 30 22
1. Business Churn 13.3% 12.6%
2. Jobs in New Companies 1.7% 2.9%
3. Jobs in Incumbent Companies 75.7% 76.5%
4. Labor Market Churn 19.6% 19.4%
5. Labor Force Participation 71.0% 70.1%
6. Change in Firms -0.7% 0.4%
7. Net Migration -0.9 -1.2
Score 28.9 31.9
Ranking 33 22
1. Business Churn 12.3% 12.6%
2. Jobs in New Companies 1.4% 2.9%
3. Jobs in Incumbent Companies 76.5% 76.5%
4. Labor Market Churn 20.6% 19.4%
5. Labor Force Participation 70.6% 70.1%
6. Change in Firms 0.9% 0.4%
7. Net Migration -1.5 -1.2
Score 27.7 31.9
Ranking 38 22
1. Business Churn 12.2% 12.6%
2. Jobs in New Companies 1.4% 2.9%
3. Jobs in Incumbent Companies 76.8% 76.5%
4. Labor Market Churn 20.4% 19.4%
5. Labor Force Participation 70.3% 70.1%
6. Change in Firms 0.3% 0.4%
7. Net Migration -0.2 -1.2
Score 27.1 31.9
Ranking 34 22
1. Business Churn 12.6% 12.6%
2. Jobs in New Companies 2.9% 2.9%
3. Jobs in Incumbent Companies 76.5% 76.5%
4. Labor Market Churn 19.4% 19.4%
5. Labor Force Participation 70.1% 70.1%
6. Change in Firms 0.4% 0.4%
7. Net Migration -1.2 -1.2
Score 31.9 31.9
Ranking 22 22

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Dynamism Index

  • United States
  • Minnesota

Business Churn

  • United States
  • Minnesota

Jobs in New Companies

  • United States
  • Minnesota

Jobs in Incumbent Companies

  • United States
  • Minnesota

Labor Market Churn

  • United States
  • Minnesota

Labor Force Participation

  • United States
  • Minnesota

Change in Firms

  • United States
  • Minnesota

Net Migration

  • United States
  • Minnesota

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