The Dynamism Index by State

Dynamism Indicators for Virginia

2014
1. Business Churn 18.8% 14.7%
2. Jobs in New Companies 2.8% 1.8%
3. Jobs in Incumbent Companies 61.5% 74.3%
4. Labor Market Churn 32.2% 23.0%
5. Labor Force Participation 71.1% 66.0%
6. Change in Firms 1.0% 0.2%
7. Net Migration 3.3 -2.5
Score 58.0 32.5
Ranking 17 21
1. Business Churn 18.2% 14.7%
2. Jobs in New Companies 2.6% 1.8%
3. Jobs in Incumbent Companies 64.8% 74.3%
4. Labor Market Churn 27.6% 23.0%
5. Labor Force Participation 69.6% 66.0%
6. Change in Firms 2.3% 0.2%
7. Net Migration 1.8 -2.5
Score 52.5 32.5
Ranking 22 21
1. Business Churn 18.2% 14.7%
2. Jobs in New Companies 2.6% 1.8%
3. Jobs in Incumbent Companies 63.6% 74.3%
4. Labor Market Churn 31.4% 23.0%
5. Labor Force Participation 69.7% 66.0%
6. Change in Firms 2.4% 0.2%
7. Net Migration 1.5 -2.5
Score 55.2 32.5
Ranking 20 21
1. Business Churn 18.7% 14.7%
2. Jobs in New Companies 2.8% 1.8%
3. Jobs in Incumbent Companies 63.5% 74.3%
4. Labor Market Churn 25.2% 23.0%
5. Labor Force Participation 69.3% 66.0%
6. Change in Firms 2.8% 0.2%
7. Net Migration 0.8 -2.5
Score 53.3 32.5
Ranking 20 21
1. Business Churn 18.6% 14.7%
2. Jobs in New Companies 2.6% 1.8%
3. Jobs in Incumbent Companies 63.6% 74.3%
4. Labor Market Churn 29.0% 23.0%
5. Labor Force Participation 67.7% 66.0%
6. Change in Firms 1.5% 0.2%
7. Net Migration 1.4 -2.5
Score 52.7 32.5
Ranking 27 21
1. Business Churn 18.5% 14.7%
2. Jobs in New Companies 2.7% 1.8%
3. Jobs in Incumbent Companies 64.5% 74.3%
4. Labor Market Churn 29.0% 23.0%
5. Labor Force Participation 67.4% 66.0%
6. Change in Firms 2.1% 0.2%
7. Net Migration 0.6 -2.5
Score 52.6 32.5
Ranking 23 21
1. Business Churn 18.5% 14.7%
2. Jobs in New Companies 3.0% 1.8%
3. Jobs in Incumbent Companies 65.2% 74.3%
4. Labor Market Churn 28.2% 23.0%
5. Labor Force Participation 67.4% 66.0%
6. Change in Firms 1.3% 0.2%
7. Net Migration -0.6 -2.5
Score 52.0 32.5
Ranking 24 21
1. Business Churn 17.8% 14.7%
2. Jobs in New Companies 2.6% 1.8%
3. Jobs in Incumbent Companies 65.5% 74.3%
4. Labor Market Churn 27.4% 23.0%
5. Labor Force Participation 67.6% 66.0%
6. Change in Firms 0.6% 0.2%
7. Net Migration 3.6 -2.5
Score 48.7 32.5
Ranking 25 21
1. Business Churn 17.3% 14.7%
2. Jobs in New Companies 2.4% 1.8%
3. Jobs in Incumbent Companies 65.3% 74.3%
4. Labor Market Churn 27.6% 23.0%
5. Labor Force Participation 68.0% 66.0%
6. Change in Firms 0.7% 0.2%
7. Net Migration 2.7 -2.5
Score 47.8 32.5
Ranking 23 21
1. Business Churn 16.7% 14.7%
2. Jobs in New Companies 2.3% 1.8%
3. Jobs in Incumbent Companies 66.7% 74.3%
4. Labor Market Churn 30.2% 23.0%
5. Labor Force Participation 68.2% 66.0%
6. Change in Firms 1.5% 0.2%
7. Net Migration 1.9 -2.5
Score 48.2 32.5
Ranking 19 21
1. Business Churn 16.9% 14.7%
2. Jobs in New Companies 2.7% 1.8%
3. Jobs in Incumbent Companies 68.0% 74.3%
4. Labor Market Churn 34.0% 23.0%
5. Labor Force Participation 68.3% 66.0%
6. Change in Firms 1.5% 0.2%
7. Net Migration 2.6 -2.5
Score 51.4 32.5
Ranking 18 21
1. Business Churn 16.8% 14.7%
2. Jobs in New Companies 2.5% 1.8%
3. Jobs in Incumbent Companies 68.8% 74.3%
4. Labor Market Churn 27.8% 23.0%
5. Labor Force Participation 68.0% 66.0%
6. Change in Firms 1.5% 0.2%
7. Net Migration 3.9 -2.5
Score 46.6 32.5
Ranking 20 21
1. Business Churn 17.1% 14.7%
2. Jobs in New Companies 2.6% 1.8%
3. Jobs in Incumbent Companies 69.2% 74.3%
4. Labor Market Churn 24.4% 23.0%
5. Labor Force Participation 67.6% 66.0%
6. Change in Firms 3.0% 0.2%
7. Net Migration 3.5 -2.5
Score 46.9 32.5
Ranking 19 21
1. Business Churn 17.7% 14.7%
2. Jobs in New Companies 2.7% 1.8%
3. Jobs in Incumbent Companies 69.2% 74.3%
4. Labor Market Churn 26.8% 23.0%
5. Labor Force Participation 68.3% 66.0%
6. Change in Firms 2.7% 0.2%
7. Net Migration 2.0 -2.5
Score 49.4 32.5
Ranking 16 21
1. Business Churn 18.4% 14.7%
2. Jobs in New Companies 2.7% 1.8%
3. Jobs in Incumbent Companies 69.2% 74.3%
4. Labor Market Churn 24.8% 23.0%
5. Labor Force Participation 68.7% 66.0%
6. Change in Firms 1.8% 0.2%
7. Net Migration 0.6 -2.5
Score 48.7 32.5
Ranking 17 21
1. Business Churn 17.3% 14.7%
2. Jobs in New Companies 2.1% 1.8%
3. Jobs in Incumbent Companies 70.9% 74.3%
4. Labor Market Churn 32.0% 23.0%
5. Labor Force Participation 68.9% 66.0%
6. Change in Firms 1.3% 0.2%
7. Net Migration 0.4 -2.5
Score 47.8 32.5
Ranking 18 21
1. Business Churn 17.6% 14.7%
2. Jobs in New Companies 2.2% 1.8%
3. Jobs in Incumbent Companies 70.9% 74.3%
4. Labor Market Churn 28.2% 23.0%
5. Labor Force Participation 69.7% 66.0%
6. Change in Firms -0.6% 0.2%
7. Net Migration 0.3 -2.5
Score 44.9 32.5
Ranking 14 21
1. Business Churn 16.7% 14.7%
2. Jobs in New Companies 1.9% 1.8%
3. Jobs in Incumbent Companies 71.8% 74.3%
4. Labor Market Churn 24.0% 23.0%
5. Labor Force Participation 68.6% 66.0%
6. Change in Firms -3.1% 0.2%
7. Net Migration 2.3 -2.5
Score 36.8 32.5
Ranking 15 21
1. Business Churn 14.8% 14.7%
2. Jobs in New Companies 1.9% 1.8%
3. Jobs in Incumbent Companies 72.5% 74.3%
4. Labor Market Churn 25.4% 23.0%
5. Labor Force Participation 67.7% 66.0%
6. Change in Firms -1.3% 0.2%
7. Net Migration 1.8 -2.5
Score 34.9 32.5
Ranking 17 21
1. Business Churn 15.3% 14.7%
2. Jobs in New Companies 1.8% 1.8%
3. Jobs in Incumbent Companies 73.1% 74.3%
4. Labor Market Churn 24.2% 23.0%
5. Labor Force Participation 67.4% 66.0%
6. Change in Firms -1.2% 0.2%
7. Net Migration 1.3 -2.5
Score 34.7 32.5
Ranking 17 21
1. Business Churn 14.3% 14.7%
2. Jobs in New Companies 1.8% 1.8%
3. Jobs in Incumbent Companies 73.3% 74.3%
4. Labor Market Churn 25.8% 23.0%
5. Labor Force Participation 66.8% 66.0%
6. Change in Firms 1.0% 0.2%
7. Net Migration 0.9 -2.5
Score 35.5 32.5
Ranking 17 21
1. Business Churn 14.1% 14.7%
2. Jobs in New Companies 1.7% 1.8%
3. Jobs in Incumbent Companies 73.8% 74.3%
4. Labor Market Churn 23.2% 23.0%
5. Labor Force Participation 66.3% 66.0%
6. Change in Firms 0.8% 0.2%
7. Net Migration 0.4 -2.5
Score 32.4 32.5
Ranking 18 21
1. Business Churn 14.7% 14.7%
2. Jobs in New Companies 1.8% 1.8%
3. Jobs in Incumbent Companies 74.3% 74.3%
4. Labor Market Churn 23.0% 23.0%
5. Labor Force Participation 66.0% 66.0%
6. Change in Firms 0.2% 0.2%
7. Net Migration -2.5 -2.5
Score 32.5 32.5
Ranking 21 21

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Dynamism Index

  • United States
  • Virginia

Business Churn

  • United States
  • Virginia

Jobs in New Companies

  • United States
  • Virginia

Jobs in Incumbent Companies

  • United States
  • Virginia

Labor Market Churn

  • United States
  • Virginia

Labor Force Participation

  • United States
  • Virginia

Change in Firms

  • United States
  • Virginia

Net Migration

  • United States
  • Virginia

Download the ISD Report