The Dynamism Index by State

Dynamism Indicators for Tennessee

2014
1. Business Churn 19.0% 14.7%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 61.4% 76.4%
4. Labor Market Churn 29.2% 21.6%
5. Labor Force Participation 63.4% 59.6%
6. Change in Firms 1.1% -0.3%
7. Net Migration 7.8 3.8
Score 52.9 27.0
Ranking 26 33
1. Business Churn 18.7% 14.7%
2. Jobs in New Companies 2.8% 1.6%
3. Jobs in Incumbent Companies 64.8% 76.4%
4. Labor Market Churn 27.2% 21.6%
5. Labor Force Participation 64.2% 59.6%
6. Change in Firms 2.6% -0.3%
7. Net Migration 8.9 3.8
Score 52.0 27.0
Ranking 26 33
1. Business Churn 18.9% 14.7%
2. Jobs in New Companies 3.0% 1.6%
3. Jobs in Incumbent Companies 65.6% 76.4%
4. Labor Market Churn 26.2% 21.6%
5. Labor Force Participation 66.4% 59.6%
6. Change in Firms 2.2% -0.3%
7. Net Migration 10.5 3.8
Score 53.6 27.0
Ranking 27 33
1. Business Churn 19.0% 14.7%
2. Jobs in New Companies 2.9% 1.6%
3. Jobs in Incumbent Companies 65.3% 76.4%
4. Labor Market Churn 23.4% 21.6%
5. Labor Force Participation 67.0% 59.6%
6. Change in Firms 2.6% -0.3%
7. Net Migration 10.0 3.8
Score 52.4 27.0
Ranking 24 33
1. Business Churn 19.5% 14.7%
2. Jobs in New Companies 3.0% 1.6%
3. Jobs in Incumbent Companies 66.0% 76.4%
4. Labor Market Churn 29.8% 21.6%
5. Labor Force Participation 66.7% 59.6%
6. Change in Firms 1.8% -0.3%
7. Net Migration 9.1 3.8
Score 55.9 27.0
Ranking 17 33
1. Business Churn 19.4% 14.7%
2. Jobs in New Companies 2.8% 1.6%
3. Jobs in Incumbent Companies 66.9% 76.4%
4. Labor Market Churn 30.6% 21.6%
5. Labor Force Participation 66.0% 59.6%
6. Change in Firms 1.3% -0.3%
7. Net Migration 7.0 3.8
Score 54.0 27.0
Ranking 22 33
1. Business Churn 19.5% 14.7%
2. Jobs in New Companies 3.0% 1.6%
3. Jobs in Incumbent Companies 67.5% 76.4%
4. Labor Market Churn 27.2% 21.6%
5. Labor Force Participation 65.8% 59.6%
6. Change in Firms 0.0% -0.3%
7. Net Migration 4.9 3.8
Score 50.9 27.0
Ranking 28 33
1. Business Churn 18.9% 14.7%
2. Jobs in New Companies 2.9% 1.6%
3. Jobs in Incumbent Companies 67.6% 76.4%
4. Labor Market Churn 30.0% 21.6%
5. Labor Force Participation 66.1% 59.6%
6. Change in Firms -0.4% -0.3%
7. Net Migration 4.2 3.8
Score 50.5 27.0
Ranking 21 33
1. Business Churn 17.8% 14.7%
2. Jobs in New Companies 2.4% 1.6%
3. Jobs in Incumbent Companies 68.1% 76.4%
4. Labor Market Churn 29.2% 21.6%
5. Labor Force Participation 65.2% 59.6%
6. Change in Firms -0.9% -0.3%
7. Net Migration 3.0 3.8
Score 45.3 27.0
Ranking 30 33
1. Business Churn 17.6% 14.7%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 69.0% 76.4%
4. Labor Market Churn 30.2% 21.6%
5. Labor Force Participation 65.0% 59.6%
6. Change in Firms -0.6% -0.3%
7. Net Migration 1.9 3.8
Score 44.6 27.0
Ranking 28 33
1. Business Churn 17.7% 14.7%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 70.3% 76.4%
4. Labor Market Churn 31.4% 21.6%
5. Labor Force Participation 65.4% 59.6%
6. Change in Firms -0.5% -0.3%
7. Net Migration 2.5 3.8
Score 46.9 27.0
Ranking 28 33
1. Business Churn 17.5% 14.7%
2. Jobs in New Companies 2.6% 1.6%
3. Jobs in Incumbent Companies 71.0% 76.4%
4. Labor Market Churn 28.2% 21.6%
5. Labor Force Participation 64.8% 59.6%
6. Change in Firms 0.3% -0.3%
7. Net Migration 3.4 3.8
Score 44.5 27.0
Ranking 26 33
1. Business Churn 17.2% 14.7%
2. Jobs in New Companies 2.5% 1.6%
3. Jobs in Incumbent Companies 71.2% 76.4%
4. Labor Market Churn 25.4% 21.6%
5. Labor Force Participation 63.4% 59.6%
6. Change in Firms 1.4% -0.3%
7. Net Migration 4.0 3.8
Score 42.5 27.0
Ranking 29 33
1. Business Churn 17.8% 14.7%
2. Jobs in New Companies 2.6% 1.6%
3. Jobs in Incumbent Companies 71.9% 76.4%
4. Labor Market Churn 26.4% 21.6%
5. Labor Force Participation 63.0% 59.6%
6. Change in Firms 1.2% -0.3%
7. Net Migration 6.6 3.8
Score 43.9 27.0
Ranking 26 33
1. Business Churn 18.0% 14.7%
2. Jobs in New Companies 2.7% 1.6%
3. Jobs in Incumbent Companies 71.4% 76.4%
4. Labor Market Churn 23.4% 21.6%
5. Labor Force Participation 64.7% 59.6%
6. Change in Firms 0.4% -0.3%
7. Net Migration 8.4 3.8
Score 43.6 27.0
Ranking 31 33
1. Business Churn 17.2% 14.7%
2. Jobs in New Companies 2.3% 1.6%
3. Jobs in Incumbent Companies 72.4% 76.4%
4. Labor Market Churn 30.4% 21.6%
5. Labor Force Participation 64.4% 59.6%
6. Change in Firms 1.3% -0.3%
7. Net Migration 8.0 3.8
Score 45.2 27.0
Ranking 22 33
1. Business Churn 17.7% 14.7%
2. Jobs in New Companies 2.2% 1.6%
3. Jobs in Incumbent Companies 73.3% 76.4%
4. Labor Market Churn 28.2% 21.6%
5. Labor Force Participation 63.4% 59.6%
6. Change in Firms -0.6% -0.3%
7. Net Migration 5.1 3.8
Score 41.0 27.0
Ranking 23 33
1. Business Churn 16.8% 14.7%
2. Jobs in New Companies 1.7% 1.6%
3. Jobs in Incumbent Companies 75.0% 76.4%
4. Labor Market Churn 21.4% 21.6%
5. Labor Force Participation 62.7% 59.6%
6. Change in Firms -3.4% -0.3%
7. Net Migration 3.3 3.8
Score 29.9 27.0
Ranking 33 33
1. Business Churn 15.5% 14.7%
2. Jobs in New Companies 1.9% 1.6%
3. Jobs in Incumbent Companies 75.2% 76.4%
4. Labor Market Churn 23.8% 21.6%
5. Labor Force Participation 62.7% 59.6%
6. Change in Firms -2.0% -0.3%
7. Net Migration 3.0 3.8
Score 30.9 27.0
Ranking 27 33
1. Business Churn 15.8% 14.7%
2. Jobs in New Companies 1.8% 1.6%
3. Jobs in Incumbent Companies 75.6% 76.4%
4. Labor Market Churn 22.2% 21.6%
5. Labor Force Participation 62.8% 59.6%
6. Change in Firms -1.6% -0.3%
7. Net Migration 2.6 3.8
Score 30.4 27.0
Ranking 27 33
1. Business Churn 14.8% 14.7%
2. Jobs in New Companies 1.8% 1.6%
3. Jobs in Incumbent Companies 75.8% 76.4%
4. Labor Market Churn 22.2% 21.6%
5. Labor Force Participation 61.8% 59.6%
6. Change in Firms 0.4% -0.3%
7. Net Migration 4.3 3.8
Score 30.5 27.0
Ranking 33 33
1. Business Churn 14.6% 14.7%
2. Jobs in New Companies 1.7% 1.6%
3. Jobs in Incumbent Companies 76.1% 76.4%
4. Labor Market Churn 21.8% 21.6%
5. Labor Force Participation 60.7% 59.6%
6. Change in Firms 0.5% -0.3%
7. Net Migration 2.0 3.8
Score 28.4 27.0
Ranking 28 33
1. Business Churn 14.7% 14.7%
2. Jobs in New Companies 1.6% 1.6%
3. Jobs in Incumbent Companies 76.4% 76.4%
4. Labor Market Churn 21.6% 21.6%
5. Labor Force Participation 59.6% 59.6%
6. Change in Firms -0.3% -0.3%
7. Net Migration 3.8 3.8
Score 27.0 27.0
Ranking 33 33

Download the ISD Report

Dynamism Index

  • United States
  • Tennessee

Business Churn

  • United States
  • Tennessee

Jobs in New Companies

  • United States
  • Tennessee

Jobs in Incumbent Companies

  • United States
  • Tennessee

Labor Market Churn

  • United States
  • Tennessee

Labor Force Participation

  • United States
  • Tennessee

Change in Firms

  • United States
  • Tennessee

Net Migration

  • United States
  • Tennessee

Download the ISD Report