{"license":"https://creativecommons.org/licenses/by/4.0/","dataset":"business-dynamism","updatedThrough":"2026-07-19","source":{"id":"census-business-dynamics-2023","title":"2023 Business Dynamics Statistics","publisher":"U.S. Census Bureau","url":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","accessDate":"2026-07-19","profileHref":"/sources/census-business-dynamics-2023"},"summary":{"recordCount":920,"observationCount":5520,"sectorCount":19,"yearCount":46,"firstYear":1978,"latestYear":2023,"latestNational":{"year":2023,"establishmentEntryRate":10.608,"establishmentExitRate":9.396,"jobCreationRate":13.592,"jobDestructionRate":11.059,"netJobCreationRate":2.534,"reallocationRate":22.118}},"filters":{"metric":null,"metricValid":true,"scope":"all","scopeValid":true,"sector":"52","sectorCode":"52","sectorName":"Finance and insurance","sectorValid":true,"sectors":[],"sectorCodes":[],"sectorNames":[],"sectorsValid":true,"sectorSelectionValid":true,"year":null,"yearValid":true,"from":1978,"fromValid":true,"to":2023,"toValid":true,"rangeValid":true,"scopeSectorValid":true},"availableMetrics":[{"id":"establishment-entry-rate","field":"establishmentEntryRate","label":"Establishment entry rate","shortLabel":"Entry rate","description":"Entering establishments as a share of the Census BDS establishment denominator.","color":"#008b9a","darkColor":"#67e8f9"},{"id":"establishment-exit-rate","field":"establishmentExitRate","label":"Establishment exit rate","shortLabel":"Exit rate","description":"Exiting establishments as a share of the Census BDS establishment denominator.","color":"#c0264c","darkColor":"#fda4af"},{"id":"job-creation-rate","field":"jobCreationRate","label":"Job creation rate","shortLabel":"Job creation","description":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","color":"#1769e0","darkColor":"#93c5fd"},{"id":"job-destruction-rate","field":"jobDestructionRate","label":"Job destruction rate","shortLabel":"Job destruction","description":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","color":"#d96b20","darkColor":"#fdba74"},{"id":"net-job-creation-rate","field":"netJobCreationRate","label":"Net job creation rate","shortLabel":"Net job creation","description":"The difference between gross job creation and destruction rates in the BDS universe.","color":"#18875d","darkColor":"#6ee7b7"},{"id":"reallocation-rate","field":"reallocationRate","label":"Excess job reallocation rate","shortLabel":"Excess reallocation","description":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","color":"#6b5bd6","darkColor":"#c4b5fd"}],"availableSectors":[{"code":"11","name":"Agriculture, forestry, fishing and hunting","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"21","name":"Mining, quarrying, and oil and gas extraction","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"22","name":"Utilities","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"23","name":"Construction","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"42","name":"Wholesale trade","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"51","name":"Information","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"52","name":"Finance and insurance","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"53","name":"Real estate and rental and leasing","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"54","name":"Professional, scientific, and technical services","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"55","name":"Management of companies and enterprises","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"56","name":"Administrative and support and waste management and remediation services","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"61","name":"Educational services","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"62","name":"Health care and social assistance","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"71","name":"Arts, entertainment, and recreation","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"72","name":"Accommodation and food services","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"81","name":"Other services except public administration","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"31-33","name":"Manufacturing","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"44-45","name":"Retail trade","recordCount":46,"firstYear":1978,"latestYear":2023},{"code":"48-49","name":"Transportation and warehousing","recordCount":46,"firstYear":1978,"latestYear":2023}],"selectedTrend":[{"year":1978,"nationalValue":15.146,"sectorValue":10.994},{"year":1979,"nationalValue":13.97,"sectorValue":11.047},{"year":1980,"nationalValue":12.806,"sectorValue":9.336},{"year":1981,"nationalValue":12.797,"sectorValue":9.767},{"year":1982,"nationalValue":12.464,"sectorValue":8.677},{"year":1983,"nationalValue":13.389,"sectorValue":12.964},{"year":1984,"nationalValue":14.534,"sectorValue":11.694},{"year":1985,"nationalValue":13.81,"sectorValue":11.318},{"year":1986,"nationalValue":14.095,"sectorValue":11.318},{"year":1987,"nationalValue":14.325,"sectorValue":11.937},{"year":1988,"nationalValue":13.959,"sectorValue":12.816},{"year":1989,"nationalValue":13.368,"sectorValue":14.653},{"year":1990,"nationalValue":12.683,"sectorValue":12.15},{"year":1991,"nationalValue":12.358,"sectorValue":17.192},{"year":1992,"nationalValue":11.577,"sectorValue":10.408},{"year":1993,"nationalValue":11.509,"sectorValue":10.238},{"year":1994,"nationalValue":11.885,"sectorValue":12.878},{"year":1995,"nationalValue":12.058,"sectorValue":11.048},{"year":1996,"nationalValue":11.795,"sectorValue":11.048},{"year":1997,"nationalValue":12.2,"sectorValue":13.444},{"year":1998,"nationalValue":11.438,"sectorValue":12.667},{"year":1999,"nationalValue":11.115,"sectorValue":13.06},{"year":2000,"nationalValue":10.848,"sectorValue":12.94},{"year":2001,"nationalValue":10.99,"sectorValue":13.049},{"year":2002,"nationalValue":11.911,"sectorValue":13.349},{"year":2003,"nationalValue":11.425,"sectorValue":12.933},{"year":2004,"nationalValue":11.511,"sectorValue":12.299},{"year":2005,"nationalValue":11.615,"sectorValue":13.222},{"year":2006,"nationalValue":12.495,"sectorValue":14.192},{"year":2007,"nationalValue":11.761,"sectorValue":13.118},{"year":2008,"nationalValue":10.307,"sectorValue":10.43},{"year":2009,"nationalValue":9.281,"sectorValue":8.909},{"year":2010,"nationalValue":9.495,"sectorValue":8.711},{"year":2011,"nationalValue":9.886,"sectorValue":8.511},{"year":2012,"nationalValue":10.018,"sectorValue":9.667},{"year":2013,"nationalValue":9.807,"sectorValue":8.019},{"year":2014,"nationalValue":9.906,"sectorValue":8.67},{"year":2015,"nationalValue":10.025,"sectorValue":8.822},{"year":2016,"nationalValue":10.194,"sectorValue":9.585},{"year":2017,"nationalValue":9.675,"sectorValue":7.745},{"year":2018,"nationalValue":9.414,"sectorValue":8.396},{"year":2019,"nationalValue":9.613,"sectorValue":8.09},{"year":2020,"nationalValue":9.637,"sectorValue":7.455},{"year":2021,"nationalValue":10.845,"sectorValue":9.136},{"year":2022,"nationalValue":11.651,"sectorValue":9.399},{"year":2023,"nationalValue":10.608,"sectorValue":8.115}],"comparisonTrend":[],"totalRows":276,"guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","rows":[{"id":"bds-52-1978:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":10.994,"unit":"percent"},{"id":"bds-52-1978:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":7.046,"unit":"percent"},{"id":"bds-52-1978:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.138,"unit":"percent"},{"id":"bds-52-1978:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":10.821,"unit":"percent"},{"id":"bds-52-1978:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":6.317,"unit":"percent"},{"id":"bds-52-1978:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1978,"firms":146410,"establishments":233866,"employment":4107264,"establishmentEntryRate":10.994,"establishmentExitRate":7.046,"jobCreationRate":17.138,"jobDestructionRate":10.821,"netJobCreationRate":6.317,"reallocationRate":21.642,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":21.642,"unit":"percent"},{"id":"bds-52-1979:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.047,"unit":"percent"},{"id":"bds-52-1979:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":6.216,"unit":"percent"},{"id":"bds-52-1979:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.846,"unit":"percent"},{"id":"bds-52-1979:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":9.064,"unit":"percent"},{"id":"bds-52-1979:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":7.782,"unit":"percent"},{"id":"bds-52-1979:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1979,"firms":152508,"establishments":246417,"employment":4452701,"establishmentEntryRate":11.047,"establishmentExitRate":6.216,"jobCreationRate":16.846,"jobDestructionRate":9.064,"netJobCreationRate":7.782,"reallocationRate":18.128,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":18.128,"unit":"percent"},{"id":"bds-52-1980:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.336,"unit":"percent"},{"id":"bds-52-1980:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":7.265,"unit":"percent"},{"id":"bds-52-1980:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":13.888,"unit":"percent"},{"id":"bds-52-1980:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":9.708,"unit":"percent"},{"id":"bds-52-1980:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":4.18,"unit":"percent"},{"id":"bds-52-1980:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1980,"firms":154837,"establishments":251608,"employment":4655164,"establishmentEntryRate":9.336,"establishmentExitRate":7.265,"jobCreationRate":13.888,"jobDestructionRate":9.708,"netJobCreationRate":4.18,"reallocationRate":19.415,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":19.415,"unit":"percent"},{"id":"bds-52-1981:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.767,"unit":"percent"},{"id":"bds-52-1981:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":7.71,"unit":"percent"},{"id":"bds-52-1981:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":15.873,"unit":"percent"},{"id":"bds-52-1981:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":10.342,"unit":"percent"},{"id":"bds-52-1981:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":5.531,"unit":"percent"},{"id":"bds-52-1981:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1981,"firms":156615,"establishments":256794,"employment":4907411,"establishmentEntryRate":9.767,"establishmentExitRate":7.71,"jobCreationRate":15.873,"jobDestructionRate":10.342,"netJobCreationRate":5.531,"reallocationRate":20.683,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":20.683,"unit":"percent"},{"id":"bds-52-1982:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.677,"unit":"percent"},{"id":"bds-52-1982:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.498,"unit":"percent"},{"id":"bds-52-1982:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.965,"unit":"percent"},{"id":"bds-52-1982:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":11.113,"unit":"percent"},{"id":"bds-52-1982:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.853,"unit":"percent"},{"id":"bds-52-1982:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1982,"firms":156538,"establishments":256713,"employment":4764367,"establishmentEntryRate":8.677,"establishmentExitRate":8.498,"jobCreationRate":12.965,"jobDestructionRate":11.113,"netJobCreationRate":1.853,"reallocationRate":22.226,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":22.226,"unit":"percent"},{"id":"bds-52-1983:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.964,"unit":"percent"},{"id":"bds-52-1983:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.352,"unit":"percent"},{"id":"bds-52-1983:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.856,"unit":"percent"},{"id":"bds-52-1983:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.215,"unit":"percent"},{"id":"bds-52-1983:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":6.641,"unit":"percent"},{"id":"bds-52-1983:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1983,"firms":165094,"establishments":267533,"employment":4976466,"establishmentEntryRate":12.964,"establishmentExitRate":8.352,"jobCreationRate":18.856,"jobDestructionRate":12.215,"netJobCreationRate":6.641,"reallocationRate":24.43,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":24.43,"unit":"percent"},{"id":"bds-52-1984:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.694,"unit":"percent"},{"id":"bds-52-1984:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.919,"unit":"percent"},{"id":"bds-52-1984:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.918,"unit":"percent"},{"id":"bds-52-1984:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.089,"unit":"percent"},{"id":"bds-52-1984:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.829,"unit":"percent"},{"id":"bds-52-1984:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1984,"firms":169480,"establishments":274145,"employment":4867095,"establishmentEntryRate":11.694,"establishmentExitRate":8.919,"jobCreationRate":16.918,"jobDestructionRate":14.089,"netJobCreationRate":2.829,"reallocationRate":28.178,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":28.178,"unit":"percent"},{"id":"bds-52-1985:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.318,"unit":"percent"},{"id":"bds-52-1985:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":10.506,"unit":"percent"},{"id":"bds-52-1985:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.344,"unit":"percent"},{"id":"bds-52-1985:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":13.335,"unit":"percent"},{"id":"bds-52-1985:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":4.009,"unit":"percent"},{"id":"bds-52-1985:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1985,"firms":168746,"establishments":276003,"employment":5053942,"establishmentEntryRate":11.318,"establishmentExitRate":10.506,"jobCreationRate":17.344,"jobDestructionRate":13.335,"netJobCreationRate":4.009,"reallocationRate":26.67,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":26.67,"unit":"percent"},{"id":"bds-52-1986:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.318,"unit":"percent"},{"id":"bds-52-1986:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.93,"unit":"percent"},{"id":"bds-52-1986:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.754,"unit":"percent"},{"id":"bds-52-1986:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.625,"unit":"percent"},{"id":"bds-52-1986:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":5.129,"unit":"percent"},{"id":"bds-52-1986:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1986,"firms":171742,"establishments":282661,"employment":5297651,"establishmentEntryRate":11.318,"establishmentExitRate":8.93,"jobCreationRate":17.754,"jobDestructionRate":12.625,"netJobCreationRate":5.129,"reallocationRate":25.25,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.25,"unit":"percent"},{"id":"bds-52-1987:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.937,"unit":"percent"},{"id":"bds-52-1987:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.099,"unit":"percent"},{"id":"bds-52-1987:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.809,"unit":"percent"},{"id":"bds-52-1987:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":13.174,"unit":"percent"},{"id":"bds-52-1987:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":4.635,"unit":"percent"},{"id":"bds-52-1987:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1987,"firms":173838,"establishments":289268,"employment":5492858,"establishmentEntryRate":11.937,"establishmentExitRate":9.099,"jobCreationRate":17.809,"jobDestructionRate":13.174,"netJobCreationRate":4.635,"reallocationRate":26.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":26.347,"unit":"percent"},{"id":"bds-52-1988:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.816,"unit":"percent"},{"id":"bds-52-1988:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.909,"unit":"percent"},{"id":"bds-52-1988:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.412,"unit":"percent"},{"id":"bds-52-1988:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.202,"unit":"percent"},{"id":"bds-52-1988:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.789,"unit":"percent"},{"id":"bds-52-1988:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1988,"firms":173365,"establishments":295373,"employment":5251585,"establishmentEntryRate":12.816,"establishmentExitRate":9.909,"jobCreationRate":16.412,"jobDestructionRate":17.202,"netJobCreationRate":-0.789,"reallocationRate":32.824,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.824,"unit":"percent"},{"id":"bds-52-1989:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":14.653,"unit":"percent"},{"id":"bds-52-1989:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":12.228,"unit":"percent"},{"id":"bds-52-1989:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.669,"unit":"percent"},{"id":"bds-52-1989:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.302,"unit":"percent"},{"id":"bds-52-1989:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.368,"unit":"percent"},{"id":"bds-52-1989:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1989,"firms":175299,"establishments":302450,"employment":5348718,"establishmentEntryRate":14.653,"establishmentExitRate":12.228,"jobCreationRate":17.669,"jobDestructionRate":16.302,"netJobCreationRate":1.368,"reallocationRate":32.603,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.603,"unit":"percent"},{"id":"bds-52-1990:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.15,"unit":"percent"},{"id":"bds-52-1990:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.324,"unit":"percent"},{"id":"bds-52-1990:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.693,"unit":"percent"},{"id":"bds-52-1990:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.865,"unit":"percent"},{"id":"bds-52-1990:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.827,"unit":"percent"},{"id":"bds-52-1990:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1990,"firms":177820,"establishments":311151,"employment":5485265,"establishmentEntryRate":12.15,"establishmentExitRate":9.324,"jobCreationRate":16.693,"jobDestructionRate":14.865,"netJobCreationRate":1.827,"reallocationRate":29.731,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":29.731,"unit":"percent"},{"id":"bds-52-1991:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":17.192,"unit":"percent"},{"id":"bds-52-1991:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.931,"unit":"percent"},{"id":"bds-52-1991:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":19.618,"unit":"percent"},{"id":"bds-52-1991:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":21.191,"unit":"percent"},{"id":"bds-52-1991:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-1.573,"unit":"percent"},{"id":"bds-52-1991:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1991,"firms":175522,"establishments":334730,"employment":5559561,"establishmentEntryRate":17.192,"establishmentExitRate":9.931,"jobCreationRate":19.618,"jobDestructionRate":21.191,"netJobCreationRate":-1.573,"reallocationRate":39.236,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":39.236,"unit":"percent"},{"id":"bds-52-1992:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":10.408,"unit":"percent"},{"id":"bds-52-1992:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.08,"unit":"percent"},{"id":"bds-52-1992:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.206,"unit":"percent"},{"id":"bds-52-1992:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.629,"unit":"percent"},{"id":"bds-52-1992:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-1.424,"unit":"percent"},{"id":"bds-52-1992:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1992,"firms":174372,"establishments":337059,"employment":5356704,"establishmentEntryRate":10.408,"establishmentExitRate":9.08,"jobCreationRate":16.206,"jobDestructionRate":17.629,"netJobCreationRate":-1.424,"reallocationRate":32.411,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.411,"unit":"percent"},{"id":"bds-52-1993:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":10.238,"unit":"percent"},{"id":"bds-52-1993:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":10.488,"unit":"percent"},{"id":"bds-52-1993:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.498,"unit":"percent"},{"id":"bds-52-1993:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.958,"unit":"percent"},{"id":"bds-52-1993:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-1.46,"unit":"percent"},{"id":"bds-52-1993:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1993,"firms":179951,"establishments":337176,"employment":5266020,"establishmentEntryRate":10.238,"establishmentExitRate":10.488,"jobCreationRate":16.498,"jobDestructionRate":17.958,"netJobCreationRate":-1.46,"reallocationRate":32.996,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.996,"unit":"percent"},{"id":"bds-52-1994:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.878,"unit":"percent"},{"id":"bds-52-1994:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.943,"unit":"percent"},{"id":"bds-52-1994:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.748,"unit":"percent"},{"id":"bds-52-1994:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.415,"unit":"percent"},{"id":"bds-52-1994:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.332,"unit":"percent"},{"id":"bds-52-1994:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1994,"firms":179282,"establishments":344098,"employment":5357872,"establishmentEntryRate":12.878,"establishmentExitRate":9.943,"jobCreationRate":18.748,"jobDestructionRate":16.415,"netJobCreationRate":2.332,"reallocationRate":32.83,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.83,"unit":"percent"},{"id":"bds-52-1995:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.048,"unit":"percent"},{"id":"bds-52-1995:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.897,"unit":"percent"},{"id":"bds-52-1995:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":13.959,"unit":"percent"},{"id":"bds-52-1995:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.853,"unit":"percent"},{"id":"bds-52-1995:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.894,"unit":"percent"},{"id":"bds-52-1995:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1995,"firms":180804,"establishments":351520,"employment":5299776,"establishmentEntryRate":11.048,"establishmentExitRate":8.897,"jobCreationRate":13.959,"jobDestructionRate":14.853,"netJobCreationRate":-0.894,"reallocationRate":27.918,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":27.918,"unit":"percent"},{"id":"bds-52-1996:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":11.048,"unit":"percent"},{"id":"bds-52-1996:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.568,"unit":"percent"},{"id":"bds-52-1996:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.122,"unit":"percent"},{"id":"bds-52-1996:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":13.575,"unit":"percent"},{"id":"bds-52-1996:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.547,"unit":"percent"},{"id":"bds-52-1996:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1996,"firms":184314,"establishments":359625,"employment":5411615,"establishmentEntryRate":11.048,"establishmentExitRate":8.568,"jobCreationRate":16.122,"jobDestructionRate":13.575,"netJobCreationRate":2.547,"reallocationRate":27.151,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":27.151,"unit":"percent"},{"id":"bds-52-1997:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.444,"unit":"percent"},{"id":"bds-52-1997:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.094,"unit":"percent"},{"id":"bds-52-1997:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":20.235,"unit":"percent"},{"id":"bds-52-1997:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.542,"unit":"percent"},{"id":"bds-52-1997:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.693,"unit":"percent"},{"id":"bds-52-1997:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1997,"firms":190960,"establishments":369676,"employment":5627874,"establishmentEntryRate":13.444,"establishmentExitRate":11.094,"jobCreationRate":20.235,"jobDestructionRate":17.542,"netJobCreationRate":2.693,"reallocationRate":35.083,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":35.083,"unit":"percent"},{"id":"bds-52-1998:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.667,"unit":"percent"},{"id":"bds-52-1998:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.408,"unit":"percent"},{"id":"bds-52-1998:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.651,"unit":"percent"},{"id":"bds-52-1998:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.339,"unit":"percent"},{"id":"bds-52-1998:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.312,"unit":"percent"},{"id":"bds-52-1998:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1998,"firms":197056,"establishments":383429,"employment":5831382,"establishmentEntryRate":12.667,"establishmentExitRate":9.408,"jobCreationRate":18.651,"jobDestructionRate":16.339,"netJobCreationRate":2.312,"reallocationRate":32.678,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.678,"unit":"percent"},{"id":"bds-52-1999:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.06,"unit":"percent"},{"id":"bds-52-1999:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.448,"unit":"percent"},{"id":"bds-52-1999:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.826,"unit":"percent"},{"id":"bds-52-1999:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":18.127,"unit":"percent"},{"id":"bds-52-1999:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":0.699,"unit":"percent"},{"id":"bds-52-1999:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":1999,"firms":200786,"establishments":390072,"employment":5922579,"establishmentEntryRate":13.06,"establishmentExitRate":11.448,"jobCreationRate":18.826,"jobDestructionRate":18.127,"netJobCreationRate":0.699,"reallocationRate":36.254,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":36.254,"unit":"percent"},{"id":"bds-52-2000:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.94,"unit":"percent"},{"id":"bds-52-2000:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":10.717,"unit":"percent"},{"id":"bds-52-2000:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.372,"unit":"percent"},{"id":"bds-52-2000:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.858,"unit":"percent"},{"id":"bds-52-2000:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.515,"unit":"percent"},{"id":"bds-52-2000:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2000,"firms":202307,"establishments":398939,"employment":6015454,"establishmentEntryRate":12.94,"establishmentExitRate":10.717,"jobCreationRate":18.372,"jobDestructionRate":16.858,"netJobCreationRate":1.515,"reallocationRate":33.715,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":33.715,"unit":"percent"},{"id":"bds-52-2001:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.049,"unit":"percent"},{"id":"bds-52-2001:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":13.449,"unit":"percent"},{"id":"bds-52-2001:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":20.828,"unit":"percent"},{"id":"bds-52-2001:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":18.217,"unit":"percent"},{"id":"bds-52-2001:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.611,"unit":"percent"},{"id":"bds-52-2001:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2001,"firms":206565,"establishments":398901,"employment":6184978,"establishmentEntryRate":13.049,"establishmentExitRate":13.449,"jobCreationRate":20.828,"jobDestructionRate":18.217,"netJobCreationRate":2.611,"reallocationRate":36.435,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":36.435,"unit":"percent"},{"id":"bds-52-2002:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.349,"unit":"percent"},{"id":"bds-52-2002:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.711,"unit":"percent"},{"id":"bds-52-2002:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":19.935,"unit":"percent"},{"id":"bds-52-2002:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.324,"unit":"percent"},{"id":"bds-52-2002:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":2.611,"unit":"percent"},{"id":"bds-52-2002:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2002,"firms":209547,"establishments":414900,"employment":6438294,"establishmentEntryRate":13.349,"establishmentExitRate":9.711,"jobCreationRate":19.935,"jobDestructionRate":17.324,"netJobCreationRate":2.611,"reallocationRate":34.648,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":34.648,"unit":"percent"},{"id":"bds-52-2003:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.933,"unit":"percent"},{"id":"bds-52-2003:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":10.057,"unit":"percent"},{"id":"bds-52-2003:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.964,"unit":"percent"},{"id":"bds-52-2003:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.798,"unit":"percent"},{"id":"bds-52-2003:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.834,"unit":"percent"},{"id":"bds-52-2003:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2003,"firms":214775,"establishments":426381,"employment":6375968,"establishmentEntryRate":12.933,"establishmentExitRate":10.057,"jobCreationRate":16.964,"jobDestructionRate":17.798,"netJobCreationRate":-0.834,"reallocationRate":33.927,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":33.927,"unit":"percent"},{"id":"bds-52-2004:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":12.299,"unit":"percent"},{"id":"bds-52-2004:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":10.813,"unit":"percent"},{"id":"bds-52-2004:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":17.279,"unit":"percent"},{"id":"bds-52-2004:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.092,"unit":"percent"},{"id":"bds-52-2004:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":0.188,"unit":"percent"},{"id":"bds-52-2004:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2004,"firms":221178,"establishments":432804,"employment":6408528,"establishmentEntryRate":12.299,"establishmentExitRate":10.813,"jobCreationRate":17.279,"jobDestructionRate":17.092,"netJobCreationRate":0.188,"reallocationRate":34.183,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":34.183,"unit":"percent"},{"id":"bds-52-2005:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.222,"unit":"percent"},{"id":"bds-52-2005:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.452,"unit":"percent"},{"id":"bds-52-2005:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.119,"unit":"percent"},{"id":"bds-52-2005:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.885,"unit":"percent"},{"id":"bds-52-2005:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.767,"unit":"percent"},{"id":"bds-52-2005:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2005,"firms":226923,"establishments":440739,"employment":6370185,"establishmentEntryRate":13.222,"establishmentExitRate":11.452,"jobCreationRate":16.119,"jobDestructionRate":16.885,"netJobCreationRate":-0.767,"reallocationRate":32.237,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":32.237,"unit":"percent"},{"id":"bds-52-2006:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":14.192,"unit":"percent"},{"id":"bds-52-2006:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.746,"unit":"percent"},{"id":"bds-52-2006:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":18.232,"unit":"percent"},{"id":"bds-52-2006:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.923,"unit":"percent"},{"id":"bds-52-2006:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":3.309,"unit":"percent"},{"id":"bds-52-2006:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2006,"firms":231879,"establishments":459988,"employment":6576606,"establishmentEntryRate":14.192,"establishmentExitRate":9.746,"jobCreationRate":18.232,"jobDestructionRate":14.923,"netJobCreationRate":3.309,"reallocationRate":29.846,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":29.846,"unit":"percent"},{"id":"bds-52-2007:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":13.118,"unit":"percent"},{"id":"bds-52-2007:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.052,"unit":"percent"},{"id":"bds-52-2007:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.828,"unit":"percent"},{"id":"bds-52-2007:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":17.617,"unit":"percent"},{"id":"bds-52-2007:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.789,"unit":"percent"},{"id":"bds-52-2007:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2007,"firms":234206,"establishments":471118,"employment":6596019,"establishmentEntryRate":13.118,"establishmentExitRate":11.052,"jobCreationRate":16.828,"jobDestructionRate":17.617,"netJobCreationRate":-0.789,"reallocationRate":33.656,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":33.656,"unit":"percent"},{"id":"bds-52-2008:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":10.43,"unit":"percent"},{"id":"bds-52-2008:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.209,"unit":"percent"},{"id":"bds-52-2008:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":14.819,"unit":"percent"},{"id":"bds-52-2008:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.921,"unit":"percent"},{"id":"bds-52-2008:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-2.102,"unit":"percent"},{"id":"bds-52-2008:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2008,"firms":227094,"establishments":467447,"employment":6427762,"establishmentEntryRate":10.43,"establishmentExitRate":11.209,"jobCreationRate":14.819,"jobDestructionRate":16.921,"netJobCreationRate":-2.102,"reallocationRate":29.638,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":29.638,"unit":"percent"},{"id":"bds-52-2009:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.909,"unit":"percent"},{"id":"bds-52-2009:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.895,"unit":"percent"},{"id":"bds-52-2009:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.399,"unit":"percent"},{"id":"bds-52-2009:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.321,"unit":"percent"},{"id":"bds-52-2009:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-3.922,"unit":"percent"},{"id":"bds-52-2009:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2009,"firms":217483,"establishments":454627,"employment":6156224,"establishmentEntryRate":8.909,"establishmentExitRate":11.895,"jobCreationRate":12.399,"jobDestructionRate":16.321,"netJobCreationRate":-3.922,"reallocationRate":24.798,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":24.798,"unit":"percent"},{"id":"bds-52-2010:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.711,"unit":"percent"},{"id":"bds-52-2010:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":11.106,"unit":"percent"},{"id":"bds-52-2010:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.674,"unit":"percent"},{"id":"bds-52-2010:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":16.742,"unit":"percent"},{"id":"bds-52-2010:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-4.069,"unit":"percent"},{"id":"bds-52-2010:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2010,"firms":213421,"establishments":443708,"employment":5913807,"establishmentEntryRate":8.711,"establishmentExitRate":11.106,"jobCreationRate":12.674,"jobDestructionRate":16.742,"netJobCreationRate":-4.069,"reallocationRate":25.347,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.347,"unit":"percent"},{"id":"bds-52-2011:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.511,"unit":"percent"},{"id":"bds-52-2011:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.884,"unit":"percent"},{"id":"bds-52-2011:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.554,"unit":"percent"},{"id":"bds-52-2011:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":13.198,"unit":"percent"},{"id":"bds-52-2011:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.645,"unit":"percent"},{"id":"bds-52-2011:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2011,"firms":210124,"establishments":437907,"employment":5876681,"establishmentEntryRate":8.511,"establishmentExitRate":9.884,"jobCreationRate":12.554,"jobDestructionRate":13.198,"netJobCreationRate":-0.645,"reallocationRate":25.108,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.108,"unit":"percent"},{"id":"bds-52-2012:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.667,"unit":"percent"},{"id":"bds-52-2012:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.436,"unit":"percent"},{"id":"bds-52-2012:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":14.186,"unit":"percent"},{"id":"bds-52-2012:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.712,"unit":"percent"},{"id":"bds-52-2012:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.474,"unit":"percent"},{"id":"bds-52-2012:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2012,"firms":209833,"establishments":443224,"employment":5992122,"establishmentEntryRate":9.667,"establishmentExitRate":8.436,"jobCreationRate":14.186,"jobDestructionRate":12.712,"netJobCreationRate":1.474,"reallocationRate":25.425,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.425,"unit":"percent"},{"id":"bds-52-2013:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.019,"unit":"percent"},{"id":"bds-52-2013:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.118,"unit":"percent"},{"id":"bds-52-2013:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.696,"unit":"percent"},{"id":"bds-52-2013:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":11.581,"unit":"percent"},{"id":"bds-52-2013:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.115,"unit":"percent"},{"id":"bds-52-2013:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2013,"firms":210107,"establishments":437974,"employment":6049676,"establishmentEntryRate":8.019,"establishmentExitRate":9.118,"jobCreationRate":12.696,"jobDestructionRate":11.581,"netJobCreationRate":1.115,"reallocationRate":23.163,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":23.163,"unit":"percent"},{"id":"bds-52-2014:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.67,"unit":"percent"},{"id":"bds-52-2014:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.027,"unit":"percent"},{"id":"bds-52-2014:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.326,"unit":"percent"},{"id":"bds-52-2014:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.831,"unit":"percent"},{"id":"bds-52-2014:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":-0.505,"unit":"percent"},{"id":"bds-52-2014:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2014,"firms":210928,"establishments":440877,"employment":6057155,"establishmentEntryRate":8.67,"establishmentExitRate":8.027,"jobCreationRate":12.326,"jobDestructionRate":12.831,"netJobCreationRate":-0.505,"reallocationRate":24.652,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":24.652,"unit":"percent"},{"id":"bds-52-2015:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.822,"unit":"percent"},{"id":"bds-52-2015:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.712,"unit":"percent"},{"id":"bds-52-2015:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":13.252,"unit":"percent"},{"id":"bds-52-2015:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.266,"unit":"percent"},{"id":"bds-52-2015:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":0.986,"unit":"percent"},{"id":"bds-52-2015:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2015,"firms":212187,"establishments":441393,"employment":6094723,"establishmentEntryRate":8.822,"establishmentExitRate":8.712,"jobCreationRate":13.252,"jobDestructionRate":12.266,"netJobCreationRate":0.986,"reallocationRate":24.533,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":24.533,"unit":"percent"},{"id":"bds-52-2016:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.585,"unit":"percent"},{"id":"bds-52-2016:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":7.291,"unit":"percent"},{"id":"bds-52-2016:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":14.263,"unit":"percent"},{"id":"bds-52-2016:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":10.746,"unit":"percent"},{"id":"bds-52-2016:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":3.517,"unit":"percent"},{"id":"bds-52-2016:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2016,"firms":212873,"establishments":451596,"employment":6304901,"establishmentEntryRate":9.585,"establishmentExitRate":7.291,"jobCreationRate":14.263,"jobDestructionRate":10.746,"netJobCreationRate":3.517,"reallocationRate":21.492,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":21.492,"unit":"percent"},{"id":"bds-52-2017:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":7.745,"unit":"percent"},{"id":"bds-52-2017:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.96,"unit":"percent"},{"id":"bds-52-2017:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":14.055,"unit":"percent"},{"id":"bds-52-2017:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":13.701,"unit":"percent"},{"id":"bds-52-2017:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":0.354,"unit":"percent"},{"id":"bds-52-2017:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2017,"firms":212291,"establishments":445741,"employment":6358827,"establishmentEntryRate":7.745,"establishmentExitRate":8.96,"jobCreationRate":14.055,"jobDestructionRate":13.701,"netJobCreationRate":0.354,"reallocationRate":27.402,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":27.402,"unit":"percent"},{"id":"bds-52-2018:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.396,"unit":"percent"},{"id":"bds-52-2018:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.144,"unit":"percent"},{"id":"bds-52-2018:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":13.709,"unit":"percent"},{"id":"bds-52-2018:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.507,"unit":"percent"},{"id":"bds-52-2018:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.202,"unit":"percent"},{"id":"bds-52-2018:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2018,"firms":212293,"establishments":446573,"employment":6439489,"establishmentEntryRate":8.396,"establishmentExitRate":8.144,"jobCreationRate":13.709,"jobDestructionRate":12.507,"netJobCreationRate":1.202,"reallocationRate":25.013,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.013,"unit":"percent"},{"id":"bds-52-2019:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.09,"unit":"percent"},{"id":"bds-52-2019:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.075,"unit":"percent"},{"id":"bds-52-2019:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":12.3,"unit":"percent"},{"id":"bds-52-2019:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":11.238,"unit":"percent"},{"id":"bds-52-2019:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.062,"unit":"percent"},{"id":"bds-52-2019:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2019,"firms":211654,"establishments":446305,"employment":6526959,"establishmentEntryRate":8.09,"establishmentExitRate":8.075,"jobCreationRate":12.3,"jobDestructionRate":11.238,"netJobCreationRate":1.062,"reallocationRate":22.476,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":22.476,"unit":"percent"},{"id":"bds-52-2020:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":7.455,"unit":"percent"},{"id":"bds-52-2020:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":7.792,"unit":"percent"},{"id":"bds-52-2020:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":11.962,"unit":"percent"},{"id":"bds-52-2020:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":10.358,"unit":"percent"},{"id":"bds-52-2020:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.604,"unit":"percent"},{"id":"bds-52-2020:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2020,"firms":212151,"establishments":444697,"employment":6635702,"establishmentEntryRate":7.455,"establishmentExitRate":7.792,"jobCreationRate":11.962,"jobDestructionRate":10.358,"netJobCreationRate":1.604,"reallocationRate":20.716,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":20.716,"unit":"percent"},{"id":"bds-52-2021:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.136,"unit":"percent"},{"id":"bds-52-2021:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":8.801,"unit":"percent"},{"id":"bds-52-2021:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":13.359,"unit":"percent"},{"id":"bds-52-2021:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":12.636,"unit":"percent"},{"id":"bds-52-2021:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":0.724,"unit":"percent"},{"id":"bds-52-2021:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2021,"firms":215375,"establishments":445796,"employment":6677360,"establishmentEntryRate":9.136,"establishmentExitRate":8.801,"jobCreationRate":13.359,"jobDestructionRate":12.636,"netJobCreationRate":0.724,"reallocationRate":25.271,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":25.271,"unit":"percent"},{"id":"bds-52-2022:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":9.399,"unit":"percent"},{"id":"bds-52-2022:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.579,"unit":"percent"},{"id":"bds-52-2022:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.047,"unit":"percent"},{"id":"bds-52-2022:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.093,"unit":"percent"},{"id":"bds-52-2022:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.954,"unit":"percent"},{"id":"bds-52-2022:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2022,"firms":216341,"establishments":444788,"employment":6799880,"establishmentEntryRate":9.399,"establishmentExitRate":9.579,"jobCreationRate":16.047,"jobDestructionRate":14.093,"netJobCreationRate":1.954,"reallocationRate":28.185,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":28.185,"unit":"percent"},{"id":"bds-52-2023:establishment-entry-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-entry-rate","metricLabel":"Establishment entry rate","metricDescription":"Entering establishments as a share of the Census BDS establishment denominator.","value":8.115,"unit":"percent"},{"id":"bds-52-2023:establishment-exit-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"establishment-exit-rate","metricLabel":"Establishment exit rate","metricDescription":"Exiting establishments as a share of the Census BDS establishment denominator.","value":9.608,"unit":"percent"},{"id":"bds-52-2023:job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-creation-rate","metricLabel":"Job creation rate","metricDescription":"Gross job gains from opening and expanding establishments relative to the BDS employment denominator.","value":16.192,"unit":"percent"},{"id":"bds-52-2023:job-destruction-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"job-destruction-rate","metricLabel":"Job destruction rate","metricDescription":"Gross job losses from closing and contracting establishments relative to the BDS employment denominator.","value":14.344,"unit":"percent"},{"id":"bds-52-2023:net-job-creation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"net-job-creation-rate","metricLabel":"Net job creation rate","metricDescription":"The difference between gross job creation and destruction rates in the BDS universe.","value":1.847,"unit":"percent"},{"id":"bds-52-2023:reallocation-rate","scope":"sector","sectorCode":"52","sectorName":"Finance and insurance","year":2023,"firms":214433,"establishments":438240,"employment":6912028,"establishmentEntryRate":8.115,"establishmentExitRate":9.608,"jobCreationRate":16.192,"jobDestructionRate":14.344,"netJobCreationRate":1.847,"reallocationRate":28.689,"sourceId":"census-business-dynamics-2023","sourceTitle":"2023 Business Dynamics Statistics","sourcePublisher":"U.S. Census Bureau","sourceUrl":"https://www.census.gov/programs-surveys/bds/data.Datasets.html","sourceProfileHref":"/sources/census-business-dynamics-2023","observatoryHref":"/economy/dynamism?sector=52","guardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","metricId":"reallocation-rate","metricLabel":"Excess job reallocation rate","metricDescription":"Job creation plus job destruction minus the absolute net job creation rate, measuring reallocation beyond the amount required by the net employment change.","value":28.689,"unit":"percent"}]}