{"license":"https://creativecommons.org/licenses/by/4.0/","dataset":"insights","count":6,"updatedThrough":"2026-07-21","summary":{"dispatchCount":1,"domainCount":1,"domainReadoutCount":1,"focusedNoteCount":0,"latestSourceAccessDate":"2026-07-19","signalCount":6,"signalMembershipCount":6,"sourceCount":1},"universeSummary":{"dispatchCount":7,"domainCount":5,"domainReadoutCount":5,"focusedNoteCount":2,"latestSourceAccessDate":"2026-07-21","signalCount":46,"signalMembershipCount":62,"sourceCount":12},"guardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance.","filters":{"dispatch":"business-dynamism-pulse-2023","dispatchMatched":true,"domain":"all","domainMatched":true,"query":"","scope":"all","scopeMatched":true,"direction":"all","directionMatched":true,"signal":null,"signalMatched":true},"publications":[{"authorName":"Antitrust Radar Research Team","canonicalHref":"/insights/business-dynamism-pulse-2023","publishedAt":"2026-08-12","seriesNumber":"AR-CI-2026-06","seriesTitle":"Competition Insights","status":"current","updatedAt":"2026-08-12","version":"1.0"}],"rows":[{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:establishment-entry-rate","signalDomain":"dynamism","signalMetricId":"establishment-entry-rate","signalMetricLabel":"Establishment entry rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":11.651,"latestPeriod":"2023","latestYear":2023,"latestValue":10.608,"delta":-1.043,"deltaPercent":-9,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Establishment entry rate moved from 11.7% in 2022 to 10.6% in 2023 (-1.043 percentage points).","interpretation":"The latest published national entry rate is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"Which sectors, firm-age groups, places, financing conditions, or policy changes account for the latest national entry-rate movement?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=establishment-entry-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Aestablishment-entry-rate#competition-monitor-console"},{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:establishment-exit-rate","signalDomain":"dynamism","signalMetricId":"establishment-exit-rate","signalMetricLabel":"Establishment exit rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":9.512,"latestPeriod":"2023","latestYear":2023,"latestValue":9.396,"delta":-0.116,"deltaPercent":-1.2,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Establishment exit rate moved from 9.5% in 2022 to 9.4% in 2023 (-0.116 percentage points).","interpretation":"The latest published national exit rate is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"Which sectors, firm-age groups, places, closures, or ownership transitions account for the latest national exit-rate movement?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=establishment-exit-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Aestablishment-exit-rate#competition-monitor-console"},{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:job-creation-rate","signalDomain":"dynamism","signalMetricId":"job-creation-rate","signalMetricLabel":"Job creation rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":16.577,"latestPeriod":"2023","latestYear":2023,"latestValue":13.592,"delta":-2.985,"deltaPercent":-18,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Job creation rate moved from 16.6% in 2022 to 13.6% in 2023 (-2.985 percentage points).","interpretation":"The latest published national job creation is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"Which opening and expanding establishments, sectors, places, or firm-age groups account for the change in gross job creation?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=job-creation-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Ajob-creation-rate#competition-monitor-console"},{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:job-destruction-rate","signalDomain":"dynamism","signalMetricId":"job-destruction-rate","signalMetricLabel":"Job destruction rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":11.153,"latestPeriod":"2023","latestYear":2023,"latestValue":11.059,"delta":-0.094,"deltaPercent":-0.8,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Job destruction rate moved from 11.2% in 2022 to 11.1% in 2023 (-0.094 percentage points).","interpretation":"The latest published national job destruction is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"Which closing and contracting establishments, sectors, places, or firm-age groups account for the change in gross job destruction?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=job-destruction-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Ajob-destruction-rate#competition-monitor-console"},{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:net-job-creation-rate","signalDomain":"dynamism","signalMetricId":"net-job-creation-rate","signalMetricLabel":"Net job creation rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":5.424,"latestPeriod":"2023","latestYear":2023,"latestValue":2.534,"delta":-2.89,"deltaPercent":-53.3,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Net job creation rate moved from 5.4% in 2022 to 2.5% in 2023 (-2.890 percentage points).","interpretation":"The latest published national net job creation is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"How much of the change in net job creation comes from gross creation versus destruction, and which sectors or firm-age groups drive it?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=net-job-creation-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Anet-job-creation-rate#competition-monitor-console"},{"dispatchId":"business-dynamism-pulse","dispatchSlug":"business-dynamism-pulse-2023","dispatchTitle":"Every national business-flow rate in the monitor was lower in 2023 than in 2022.","dispatchScope":"domain-readout","dispatchDomain":"dynamism","dispatchUpdatedThrough":"2026-07-19","dispatchHref":"/insights/business-dynamism-pulse-2023","publicationSeriesNumber":"AR-CI-2026-06","publicationSeriesTitle":"Competition Insights","publicationAuthor":"Antitrust Radar Research Team","publicationDate":"2026-08-12","publicationUpdatedAt":"2026-08-12","publicationVersion":"1.0","publicationStatus":"current","signalId":"business-dynamism:reallocation-rate","signalDomain":"dynamism","signalMetricId":"reallocation-rate","signalMetricLabel":"Excess job reallocation rate","entityId":"us-business-dynamics","entityCode":"us-business-dynamics","entityLabel":"United States business dynamics","unit":"percentage_points","priorPeriod":"2022","priorYear":2022,"priorValue":22.306,"latestPeriod":"2023","latestYear":2023,"latestValue":22.118,"delta":-0.188,"deltaPercent":-0.8,"direction":"decreased","sourceIds":["census-business-dynamics-2023"],"sourcePublishers":["U.S. Census Bureau"],"observation":"Excess job reallocation rate moved from 22.3% in 2022 to 22.1% in 2023 (-0.188 percentage points).","interpretation":"The latest published national excess reallocation is lower than the prior annual BDS record. This business-flow movement does not measure concentration, market power, or a competitive cause.","researchQuestion":"Which sectors, places, and firm-age groups account for the movement in excess job reallocation, and what entry or exit mechanisms merit study?","signalGuardrail":"Business Dynamics Statistics measure establishment, firm, and job flows within published national and NAICS-sector universes. They do not measure concentration, market power, legal antitrust markets, or the competitive cause of entry, exit, creation, or destruction.","insightGuardrail":"Competition Insights are editorial summaries of exact, source-custodied Competition Monitor rows. A dispatch may inventory several signals, but it does not average unlike measures, create a composite score, rank research importance, establish a legal market, identify a cause, or prove market power, competitive harm, liability, or enforcement performance. BDS rates describe flows across the private-sector economy. Lower entry, exit, creation, destruction, net creation, or reallocation does not independently identify reduced competition or its cause.","entityHref":"/economy/dynamism","explorerHref":"/economy/dynamism?metric=reallocation-rate&from=2013&to=2023&view=trend#dynamism-workspace","monitorHref":"/economy/monitor?signal=business-dynamism%3Areallocation-rate#competition-monitor-console"}]}