The Dynamism Index by State

Dynamism Indicators for Texas

2014
1. Business Churn 21.5% 17.0%
2. Jobs in New Companies 4.0% 2.4%
3. Jobs in Incumbent Companies 57.9% 69.8%
4. Labor Market Churn 36.0% 24.8%
5. Labor Force Participation 69.1% 64.7%
6. Change in Firms 1.9% 1.7%
7. Net Migration 2.4 5.8
Score 70.0 43.5
Ranking 7 6
1. Business Churn 21.1% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 59.2% 69.8%
4. Labor Market Churn 33.2% 24.8%
5. Labor Force Participation 69.1% 64.7%
6. Change in Firms 2.6% 1.7%
7. Net Migration 4.4 5.8
Score 66.4 43.5
Ranking 9 6
1. Business Churn 21.3% 17.0%
2. Jobs in New Companies 3.7% 2.4%
3. Jobs in Incumbent Companies 59.4% 69.8%
4. Labor Market Churn 31.8% 24.8%
5. Labor Force Participation 69.4% 64.7%
6. Change in Firms 2.6% 1.7%
7. Net Migration 4.5 5.8
Score 66.6 43.5
Ranking 9 6
1. Business Churn 21.3% 17.0%
2. Jobs in New Companies 3.7% 2.4%
3. Jobs in Incumbent Companies 59.6% 69.8%
4. Labor Market Churn 28.8% 24.8%
5. Labor Force Participation 69.3% 64.7%
6. Change in Firms 2.2% 1.7%
7. Net Migration 4.5 5.8
Score 64.4 43.5
Ranking 8 6
1. Business Churn 21.3% 17.0%
2. Jobs in New Companies 3.6% 2.4%
3. Jobs in Incumbent Companies 58.8% 69.8%
4. Labor Market Churn 30.8% 24.8%
5. Labor Force Participation 69.1% 64.7%
6. Change in Firms 2.2% 1.7%
7. Net Migration 3.1 5.8
Score 65.5 43.5
Ranking 8 6
1. Business Churn 21.3% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 60.6% 69.8%
4. Labor Market Churn 34.2% 24.8%
5. Labor Force Participation 69.1% 64.7%
6. Change in Firms 1.3% 1.7%
7. Net Migration 3.2 5.8
Score 65.4 43.5
Ranking 8 6
1. Business Churn 20.9% 17.0%
2. Jobs in New Companies 3.7% 2.4%
3. Jobs in Incumbent Companies 61.1% 69.8%
4. Labor Market Churn 31.2% 24.8%
5. Labor Force Participation 69.0% 64.7%
6. Change in Firms 1.0% 1.7%
7. Net Migration 3.8 5.8
Score 63.0 43.5
Ranking 11 6
1. Business Churn 20.5% 17.0%
2. Jobs in New Companies 3.3% 2.4%
3. Jobs in Incumbent Companies 62.1% 69.8%
4. Labor Market Churn 33.8% 24.8%
5. Labor Force Participation 68.6% 64.7%
6. Change in Firms 0.2% 1.7%
7. Net Migration 2.4 5.8
Score 60.9 43.5
Ranking 9 6
1. Business Churn 19.7% 17.0%
2. Jobs in New Companies 3.0% 2.4%
3. Jobs in Incumbent Companies 62.7% 69.8%
4. Labor Market Churn 31.8% 24.8%
5. Labor Force Participation 68.2% 64.7%
6. Change in Firms 0.1% 1.7%
7. Net Migration 2.2 5.8
Score 56.8 43.5
Ranking 11 6
1. Business Churn 19.3% 17.0%
2. Jobs in New Companies 3.1% 2.4%
3. Jobs in Incumbent Companies 63.7% 69.8%
4. Labor Market Churn 33.0% 24.8%
5. Labor Force Participation 68.0% 64.7%
6. Change in Firms 1.2% 1.7%
7. Net Migration 1.9 5.8
Score 57.6 43.5
Ranking 9 6
1. Business Churn 19.4% 17.0%
2. Jobs in New Companies 3.8% 2.4%
3. Jobs in Incumbent Companies 64.0% 69.8%
4. Labor Market Churn 37.4% 24.8%
5. Labor Force Participation 68.1% 64.7%
6. Change in Firms 1.2% 1.7%
7. Net Migration 1.9 5.8
Score 62.4 43.5
Ranking 8 6
1. Business Churn 19.6% 17.0%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 64.4% 69.8%
4. Labor Market Churn 32.6% 24.8%
5. Labor Force Participation 68.0% 64.7%
6. Change in Firms 1.0% 1.7%
7. Net Migration 0.7 5.8
Score 57.7 43.5
Ranking 7 6
1. Business Churn 19.6% 17.0%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 65.1% 69.8%
4. Labor Market Churn 30.8% 24.8%
5. Labor Force Participation 67.3% 64.7%
6. Change in Firms 1.2% 1.7%
7. Net Migration 1.3 5.8
Score 56.2 43.5
Ranking 7 6
1. Business Churn 19.6% 17.0%
2. Jobs in New Companies 3.5% 2.4%
3. Jobs in Incumbent Companies 65.7% 69.8%
4. Labor Market Churn 29.0% 24.8%
5. Labor Force Participation 66.9% 64.7%
6. Change in Firms 1.7% 1.7%
7. Net Migration 2.3 5.8
Score 56.1 43.5
Ranking 10 6
1. Business Churn 19.8% 17.0%
2. Jobs in New Companies 3.2% 2.4%
3. Jobs in Incumbent Companies 65.8% 69.8%
4. Labor Market Churn 26.6% 24.8%
5. Labor Force Participation 66.6% 64.7%
6. Change in Firms 1.0% 1.7%
7. Net Migration 9.6 5.8
Score 54.5 43.5
Ranking 12 6
1. Business Churn 19.1% 17.0%
2. Jobs in New Companies 2.9% 2.4%
3. Jobs in Incumbent Companies 66.2% 69.8%
4. Labor Market Churn 30.6% 24.8%
5. Labor Force Participation 65.7% 64.7%
6. Change in Firms 2.1% 1.7%
7. Net Migration 6.0 5.8
Score 54.5 43.5
Ranking 10 6
1. Business Churn 19.1% 17.0%
2. Jobs in New Companies 2.8% 2.4%
3. Jobs in Incumbent Companies 66.6% 69.8%
4. Labor Market Churn 28.6% 24.8%
5. Labor Force Participation 65.8% 64.7%
6. Change in Firms 0.8% 1.7%
7. Net Migration 5.9 5.8
Score 51.6 43.5
Ranking 9 6
1. Business Churn 18.3% 17.0%
2. Jobs in New Companies 2.5% 2.4%
3. Jobs in Incumbent Companies 67.6% 69.8%
4. Labor Market Churn 27.2% 24.8%
5. Labor Force Participation 65.8% 64.7%
6. Change in Firms -1.1% 1.7%
7. Net Migration 5.9 5.8
Score 45.9 43.5
Ranking 6 6
1. Business Churn 17.2% 17.0%
2. Jobs in New Companies 2.7% 2.4%
3. Jobs in Incumbent Companies 67.8% 69.8%
4. Labor Market Churn 27.8% 24.8%
5. Labor Force Participation 65.9% 64.7%
6. Change in Firms -0.1% 1.7%
7. Net Migration 5.2 5.8
Score 45.8 43.5
Ranking 6 6
1. Business Churn 17.8% 17.0%
2. Jobs in New Companies 2.5% 2.4%
3. Jobs in Incumbent Companies 68.4% 69.8%
4. Labor Market Churn 25.2% 24.8%
5. Labor Force Participation 65.9% 64.7%
6. Change in Firms 0.1% 1.7%
7. Net Migration 4.6 5.8
Score 44.6 43.5
Ranking 5 6
1. Business Churn 17.0% 17.0%
2. Jobs in New Companies 2.4% 2.4%
3. Jobs in Incumbent Companies 68.6% 69.8%
4. Labor Market Churn 24.4% 24.8%
5. Labor Force Participation 65.6% 64.7%
6. Change in Firms 2.4% 1.7%
7. Net Migration 5.5 5.8
Score 44.7 43.5
Ranking 5 6
1. Business Churn 16.7% 17.0%
2. Jobs in New Companies 2.3% 2.4%
3. Jobs in Incumbent Companies 69.7% 69.8%
4. Labor Market Churn 24.2% 24.8%
5. Labor Force Participation 65.4% 64.7%
6. Change in Firms 2.1% 1.7%
7. Net Migration 4.4 5.8
Score 42.7 43.5
Ranking 5 6
1. Business Churn 17.0% 17.0%
2. Jobs in New Companies 2.4% 2.4%
3. Jobs in Incumbent Companies 69.8% 69.8%
4. Labor Market Churn 24.8% 24.8%
5. Labor Force Participation 64.7% 64.7%
6. Change in Firms 1.7% 1.7%
7. Net Migration 5.8 5.8
Score 43.5 43.5
Ranking 6 6

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Dynamism Index

  • United States
  • Texas

Business Churn

  • United States
  • Texas

Jobs in New Companies

  • United States
  • Texas

Jobs in Incumbent Companies

  • United States
  • Texas

Labor Market Churn

  • United States
  • Texas

Labor Force Participation

  • United States
  • Texas

Change in Firms

  • United States
  • Texas

Net Migration

  • United States
  • Texas

Download the ISD Report