The Dynamism Index by State

Dynamism Indicators for South Dakota

2014
1. Business Churn 16.5% 12.7%
2. Jobs in New Companies 3.0% 2.4%
3. Jobs in Incumbent Companies 56.0% 73.1%
4. Labor Market Churn 26.6% 19.4%
5. Labor Force Participation 69.8% 69.3%
6. Change in Firms 1.0% -0.2%
7. Net Migration 3.0 0.7
Score 52.8 31.2
Ranking 27 23
1. Business Churn 15.9% 12.7%
2. Jobs in New Companies 3.1% 2.4%
3. Jobs in Incumbent Companies 56.8% 73.1%
4. Labor Market Churn 24.2% 19.4%
5. Labor Force Participation 70.3% 69.3%
6. Change in Firms 2.3% -0.2%
7. Net Migration 4.1 0.7
Score 52.3 31.2
Ranking 23 23
1. Business Churn 17.0% 12.7%
2. Jobs in New Companies 3.6% 2.4%
3. Jobs in Incumbent Companies 58.3% 73.1%
4. Labor Market Churn 25.4% 19.4%
5. Labor Force Participation 71.5% 69.3%
6. Change in Firms 2.4% -0.2%
7. Net Migration 3.6 0.7
Score 56.4 31.2
Ranking 19 23
1. Business Churn 16.1% 12.7%
2. Jobs in New Companies 2.9% 2.4%
3. Jobs in Incumbent Companies 59.9% 73.1%
4. Labor Market Churn 20.4% 19.4%
5. Labor Force Participation 72.0% 69.3%
6. Change in Firms 1.8% -0.2%
7. Net Migration 2.0 0.7
Score 48.7 31.2
Ranking 34 23
1. Business Churn 17.1% 12.7%
2. Jobs in New Companies 3.3% 2.4%
3. Jobs in Incumbent Companies 61.2% 73.1%
4. Labor Market Churn 25.2% 19.4%
5. Labor Force Participation 71.7% 69.3%
6. Change in Firms 1.6% -0.2%
7. Net Migration -2.1 0.7
Score 52.7 31.2
Ranking 25 23
1. Business Churn 17.1% 12.7%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 61.4% 73.1%
4. Labor Market Churn 27.6% 19.4%
5. Labor Force Participation 71.7% 69.3%
6. Change in Firms 0.6% -0.2%
7. Net Migration -5.9 0.7
Score 52.0 31.2
Ranking 26 23
1. Business Churn 17.5% 12.7%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 62.0% 73.1%
4. Labor Market Churn 23.4% 19.4%
5. Labor Force Participation 72.4% 69.3%
6. Change in Firms 0.5% -0.2%
7. Net Migration -5.3 0.7
Score 50.4 31.2
Ranking 30 23
1. Business Churn 16.6% 12.7%
2. Jobs in New Companies 2.9% 2.4%
3. Jobs in Incumbent Companies 62.4% 73.1%
4. Labor Market Churn 24.4% 19.4%
5. Labor Force Participation 73.0% 69.3%
6. Change in Firms 0.4% -0.2%
7. Net Migration -2.4 0.7
Score 49.3 31.2
Ranking 24 23
1. Business Churn 15.7% 12.7%
2. Jobs in New Companies 3.1% 2.4%
3. Jobs in Incumbent Companies 63.5% 73.1%
4. Labor Market Churn 25.6% 19.4%
5. Labor Force Participation 72.8% 69.3%
6. Change in Firms 0.2% -0.2%
7. Net Migration -2.3 0.7
Score 48.2 31.2
Ranking 21 23
1. Business Churn 15.2% 12.7%
2. Jobs in New Companies 2.9% 2.4%
3. Jobs in Incumbent Companies 62.6% 73.1%
4. Labor Market Churn 26.2% 19.4%
5. Labor Force Participation 72.9% 69.3%
6. Change in Firms 0.8% -0.2%
7. Net Migration -2.2 0.7
Score 47.9 31.2
Ranking 21 23
1. Business Churn 15.9% 12.7%
2. Jobs in New Companies 2.8% 2.4%
3. Jobs in Incumbent Companies 67.6% 73.1%
4. Labor Market Churn 32.0% 19.4%
5. Labor Force Participation 73.1% 69.3%
6. Change in Firms 1.5% -0.2%
7. Net Migration -2.1 0.7
Score 51.1 31.2
Ranking 19 23
1. Business Churn 15.0% 12.7%
2. Jobs in New Companies 2.7% 2.4%
3. Jobs in Incumbent Companies 67.5% 73.1%
4. Labor Market Churn 27.8% 19.4%
5. Labor Force Participation 73.4% 69.3%
6. Change in Firms 0.4% -0.2%
7. Net Migration 0.0 0.7
Score 45.9 31.2
Ranking 24 23
1. Business Churn 15.1% 12.7%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 68.2% 73.1%
4. Labor Market Churn 23.6% 19.4%
5. Labor Force Participation 73.4% 69.3%
6. Change in Firms 1.7% -0.2%
7. Net Migration 1.9 0.7
Score 44.1 31.2
Ranking 24 23
1. Business Churn 15.1% 12.7%
2. Jobs in New Companies 2.6% 2.4%
3. Jobs in Incumbent Companies 68.1% 73.1%
4. Labor Market Churn 22.6% 19.4%
5. Labor Force Participation 73.0% 69.3%
6. Change in Firms 1.8% -0.2%
7. Net Migration 1.1 0.7
Score 44.0 31.2
Ranking 25 23
1. Business Churn 16.6% 12.7%
2. Jobs in New Companies 2.9% 2.4%
3. Jobs in Incumbent Companies 69.5% 73.1%
4. Labor Market Churn 21.2% 19.4%
5. Labor Force Participation 72.8% 69.3%
6. Change in Firms 0.1% -0.2%
7. Net Migration 2.5 0.7
Score 44.8 31.2
Ranking 26 23
1. Business Churn 15.1% 12.7%
2. Jobs in New Companies 2.5% 2.4%
3. Jobs in Incumbent Companies 69.5% 73.1%
4. Labor Market Churn 26.0% 19.4%
5. Labor Force Participation 73.2% 69.3%
6. Change in Firms 1.5% -0.2%
7. Net Migration 2.4 0.7
Score 45.1 31.2
Ranking 23 23
1. Business Churn 14.7% 12.7%
2. Jobs in New Companies 2.6% 2.4%
3. Jobs in Incumbent Companies 69.2% 73.1%
4. Labor Market Churn 21.6% 19.4%
5. Labor Force Participation 73.0% 69.3%
6. Change in Firms -0.2% -0.2%
7. Net Migration 2.8 0.7
Score 40.7 31.2
Ranking 25 23
1. Business Churn 14.1% 12.7%
2. Jobs in New Companies 2.2% 2.4%
3. Jobs in Incumbent Companies 70.4% 73.1%
4. Labor Market Churn 23.4% 19.4%
5. Labor Force Participation 72.2% 69.3%
6. Change in Firms -1.3% -0.2%
7. Net Migration 2.0 0.7
Score 37.1 31.2
Ranking 14 23
1. Business Churn 12.1% 12.7%
2. Jobs in New Companies 2.5% 2.4%
3. Jobs in Incumbent Companies 70.9% 73.1%
4. Labor Market Churn 22.6% 19.4%
5. Labor Force Participation 71.3% 69.3%
6. Change in Firms -0.1% -0.2%
7. Net Migration 2.2 0.7
Score 34.5 31.2
Ranking 18 23
1. Business Churn 12.5% 12.7%
2. Jobs in New Companies 2.0% 2.4%
3. Jobs in Incumbent Companies 71.9% 73.1%
4. Labor Market Churn 23.2% 19.4%
5. Labor Force Participation 70.6% 69.3%
6. Change in Firms -1.1% -0.2%
7. Net Migration 2.4 0.7
Score 32.1 31.2
Ranking 22 23
1. Business Churn 12.6% 12.7%
2. Jobs in New Companies 2.1% 2.4%
3. Jobs in Incumbent Companies 72.1% 73.1%
4. Labor Market Churn 20.2% 19.4%
5. Labor Force Participation 70.0% 69.3%
6. Change in Firms 1.7% -0.2%
7. Net Migration 5.1 0.7
Score 34.0 31.2
Ranking 20 23
1. Business Churn 12.3% 12.7%
2. Jobs in New Companies 1.6% 2.4%
3. Jobs in Incumbent Companies 72.7% 73.1%
4. Labor Market Churn 22.0% 19.4%
5. Labor Force Participation 69.4% 69.3%
6. Change in Firms 0.5% -0.2%
7. Net Migration 5.7 0.7
Score 31.2 31.2
Ranking 22 23
1. Business Churn 12.7% 12.7%
2. Jobs in New Companies 2.4% 2.4%
3. Jobs in Incumbent Companies 73.1% 73.1%
4. Labor Market Churn 19.4% 19.4%
5. Labor Force Participation 69.3% 69.3%
6. Change in Firms -0.2% -0.2%
7. Net Migration 0.7 0.7
Score 31.2 31.2
Ranking 23 23

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Dynamism Index

  • United States
  • South Dakota

Business Churn

  • United States
  • South Dakota

Jobs in New Companies

  • United States
  • South Dakota

Jobs in Incumbent Companies

  • United States
  • South Dakota

Labor Market Churn

  • United States
  • South Dakota

Labor Force Participation

  • United States
  • South Dakota

Change in Firms

  • United States
  • South Dakota

Net Migration

  • United States
  • South Dakota

Download the ISD Report