The Dynamism Index by State

Dynamism Indicators for North Carolina

2014
1. Business Churn 18.1% 15.2%
2. Jobs in New Companies 2.5% 1.9%
3. Jobs in Incumbent Companies 64.0% 74.2%
4. Labor Market Churn 28.0% 25.0%
5. Labor Force Participation 68.4% 61.0%
6. Change in Firms 0.7% 0.1%
7. Net Migration 3.8 3.7
Score 50.6 32.8
Ranking 32 20
1. Business Churn 17.9% 15.2%
2. Jobs in New Companies 2.4% 1.9%
3. Jobs in Incumbent Companies 65.7% 74.2%
4. Labor Market Churn 25.2% 25.0%
5. Labor Force Participation 67.5% 61.0%
6. Change in Firms 1.9% 0.1%
7. Net Migration 9.2 3.7
Score 49.0 32.8
Ranking 34 20
1. Business Churn 18.4% 15.2%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 66.1% 74.2%
4. Labor Market Churn 23.6% 25.0%
5. Labor Force Participation 67.2% 61.0%
6. Change in Firms 2.7% 0.1%
7. Net Migration 9.5 3.7
Score 50.7 32.8
Ranking 32 20
1. Business Churn 18.7% 15.2%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 65.8% 74.2%
4. Labor Market Churn 22.4% 25.0%
5. Labor Force Participation 67.2% 61.0%
6. Change in Firms 3.3% 0.1%
7. Net Migration 11.1 3.7
Score 51.5 32.8
Ranking 27 20
1. Business Churn 18.7% 15.2%
2. Jobs in New Companies 2.9% 1.9%
3. Jobs in Incumbent Companies 65.7% 74.2%
4. Labor Market Churn 27.0% 25.0%
5. Labor Force Participation 68.2% 61.0%
6. Change in Firms 2.8% 0.1%
7. Net Migration 11.1 3.7
Score 54.9 32.8
Ranking 19 20
1. Business Churn 19.3% 15.2%
2. Jobs in New Companies 2.8% 1.9%
3. Jobs in Incumbent Companies 66.7% 74.2%
4. Labor Market Churn 28.0% 25.0%
5. Labor Force Participation 68.3% 61.0%
6. Change in Firms 3.2% 0.1%
7. Net Migration 9.6 3.7
Score 56.1 32.8
Ranking 19 20
1. Business Churn 19.4% 15.2%
2. Jobs in New Companies 3.2% 1.9%
3. Jobs in Incumbent Companies 66.3% 74.2%
4. Labor Market Churn 27.0% 25.0%
5. Labor Force Participation 67.2% 61.0%
6. Change in Firms 1.8% 0.1%
7. Net Migration 8.6 3.7
Score 55.1 32.8
Ranking 17 20
1. Business Churn 19.0% 15.2%
2. Jobs in New Companies 3.0% 1.9%
3. Jobs in Incumbent Companies 66.0% 74.2%
4. Labor Market Churn 28.8% 25.0%
5. Labor Force Participation 67.2% 61.0%
6. Change in Firms 1.7% 0.1%
7. Net Migration 7.0 3.7
Score 54.0 32.8
Ranking 16 20
1. Business Churn 18.3% 15.2%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 66.3% 74.2%
4. Labor Market Churn 27.4% 25.0%
5. Labor Force Participation 67.7% 61.0%
6. Change in Firms 0.2% 0.1%
7. Net Migration 5.7 3.7
Score 49.4 32.8
Ranking 18 20
1. Business Churn 17.9% 15.2%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 67.6% 74.2%
4. Labor Market Churn 30.4% 25.0%
5. Labor Force Participation 67.7% 61.0%
6. Change in Firms 1.4% 0.1%
7. Net Migration 4.4 3.7
Score 50.6 32.8
Ranking 16 20
1. Business Churn 17.6% 15.2%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 68.5% 74.2%
4. Labor Market Churn 30.6% 25.0%
5. Labor Force Participation 66.6% 61.0%
6. Change in Firms 0.2% 0.1%
7. Net Migration 3.4 3.7
Score 48.3 32.8
Ranking 22 20
1. Business Churn 17.4% 15.2%
2. Jobs in New Companies 2.6% 1.9%
3. Jobs in Incumbent Companies 69.3% 74.2%
4. Labor Market Churn 29.4% 25.0%
5. Labor Force Participation 66.9% 61.0%
6. Change in Firms 0.9% 0.1%
7. Net Migration 3.0 3.7
Score 47.4 32.8
Ranking 17 20
1. Business Churn 17.4% 15.2%
2. Jobs in New Companies 2.7% 1.9%
3. Jobs in Incumbent Companies 69.2% 74.2%
4. Labor Market Churn 27.6% 25.0%
5. Labor Force Participation 65.9% 61.0%
6. Change in Firms 1.8% 0.1%
7. Net Migration 5.5 3.7
Score 47.6 32.8
Ranking 18 20
1. Business Churn 18.1% 15.2%
2. Jobs in New Companies 2.9% 1.9%
3. Jobs in Incumbent Companies 69.7% 74.2%
4. Labor Market Churn 26.8% 25.0%
5. Labor Force Participation 65.7% 61.0%
6. Change in Firms 2.5% 0.1%
7. Net Migration 7.8 3.7
Score 49.7 32.8
Ranking 15 20
1. Business Churn 18.7% 15.2%
2. Jobs in New Companies 2.9% 1.9%
3. Jobs in Incumbent Companies 69.3% 74.2%
4. Labor Market Churn 25.2% 25.0%
5. Labor Force Participation 66.1% 61.0%
6. Change in Firms 1.4% 0.1%
7. Net Migration 12.0 3.7
Score 50.0 32.8
Ranking 14 20
1. Business Churn 17.8% 15.2%
2. Jobs in New Companies 2.4% 1.9%
3. Jobs in Incumbent Companies 69.9% 74.2%
4. Labor Market Churn 29.0% 25.0%
5. Labor Force Participation 65.6% 61.0%
6. Change in Firms 2.3% 0.1%
7. Net Migration 12.6 3.7
Score 49.4 32.8
Ranking 17 20
1. Business Churn 17.9% 15.2%
2. Jobs in New Companies 2.3% 1.9%
3. Jobs in Incumbent Companies 70.4% 74.2%
4. Labor Market Churn 26.4% 25.0%
5. Labor Force Participation 65.0% 61.0%
6. Change in Firms -0.4% 0.1%
7. Net Migration 10.8 3.7
Score 44.0 32.8
Ranking 16 20
1. Business Churn 17.7% 15.2%
2. Jobs in New Companies 2.0% 1.9%
3. Jobs in Incumbent Companies 71.5% 74.2%
4. Labor Market Churn 21.2% 25.0%
5. Labor Force Participation 64.2% 61.0%
6. Change in Firms -4.5% 0.1%
7. Net Migration 6.3 3.7
Score 34.0 32.8
Ranking 23 20
1. Business Churn 16.1% 15.2%
2. Jobs in New Companies 2.3% 1.9%
3. Jobs in Incumbent Companies 71.8% 74.2%
4. Labor Market Churn 24.4% 25.0%
5. Labor Force Participation 63.4% 61.0%
6. Change in Firms -1.6% 0.1%
7. Net Migration 4.9 3.7
Score 36.2 32.8
Ranking 16 20
1. Business Churn 16.1% 15.2%
2. Jobs in New Companies 2.0% 1.9%
3. Jobs in Incumbent Companies 73.2% 74.2%
4. Labor Market Churn 22.2% 25.0%
5. Labor Force Participation 62.5% 61.0%
6. Change in Firms -1.4% 0.1%
7. Net Migration 3.4 3.7
Score 32.9 32.8
Ranking 19 20
1. Business Churn 14.9% 15.2%
2. Jobs in New Companies 1.8% 1.9%
3. Jobs in Incumbent Companies 71.9% 74.2%
4. Labor Market Churn 23.0% 25.0%
5. Labor Force Participation 62.4% 61.0%
6. Change in Firms 1.0% 0.1%
7. Net Migration 3.5 3.7
Score 33.5 32.8
Ranking 22 20
1. Business Churn 15.0% 15.2%
2. Jobs in New Companies 1.7% 1.9%
3. Jobs in Incumbent Companies 72.1% 74.2%
4. Labor Market Churn 23.0% 25.0%
5. Labor Force Participation 61.7% 61.0%
6. Change in Firms 0.5% 0.1%
7. Net Migration 3.8 3.7
Score 32.5 32.8
Ranking 17 20
1. Business Churn 15.2% 15.2%
2. Jobs in New Companies 1.9% 1.9%
3. Jobs in Incumbent Companies 74.2% 74.2%
4. Labor Market Churn 25.0% 25.0%
5. Labor Force Participation 61.0% 61.0%
6. Change in Firms 0.1% 0.1%
7. Net Migration 3.7 3.7
Score 32.8 32.8
Ranking 20 20

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Dynamism Index

  • United States
  • North Carolina

Business Churn

  • United States
  • North Carolina

Jobs in New Companies

  • United States
  • North Carolina

Jobs in Incumbent Companies

  • United States
  • North Carolina

Labor Market Churn

  • United States
  • North Carolina

Labor Force Participation

  • United States
  • North Carolina

Change in Firms

  • United States
  • North Carolina

Net Migration

  • United States
  • North Carolina

Download the ISD Report