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Fast-growing states have high rates of young firms and job churn

The average share of employment accounted for by firms less than three years old varies widely by state, according to analysis of newly released U.S. Census Bureau data. The logo[1] Business Dynamic Statistics (BDS), funded by the Ewing Marion Kauffman Foundation, found that young firms account for as much as 12 percent of employment in Southwestern and Western states. In states with a lower-ranking of the share of young firms, primarily those in the East and Midwest regions, only about 6 percent of employment is accounted for by young firms. Read more:

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This entry was posted on Monday, February 16th, 2009 at 6:10 pm and is filed under Industry News. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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