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Census BDS / 2023 release

Business Dynamism Observatory

Track establishment entry, exit, expansion, and contraction in annual Census Business Dynamics Statistics. Sector comparisons use the same published years and retain their denominators.

Coverage
1978-2023
46 annual releases
Sector detail
19
two-digit NAICS sectors
Measures
6
5,520 indicator rows
Latest employment
137.5M
5,593,727 firms
Entry rate
10.608%
2023
Exit rate
9.396%
2023
Job creation
13.592%
2023
Job destruction
11.059%
2023
Net job creation
2.534%
2023
Excess reallocation
22.118%
2023

Analytical workspace

Job destruction rate53 Real estate and rental and leasing compared with the United States

Long-run movement

Job destruction, 1978-2023

Gross job losses from closing and contracting establishments relative to the BDS employment denominator.
United StatesReal estate and rental and leasing
2023Real estate and rental and leasing13.864%United States11.059%Gap +2.805 pp
1978: United States 13.406%; Real estate and rental and leasing 20.631%1979: United States 12.977%; Real estate and rental and leasing 19.905%1980: United States 15.195%; Real estate and rental and leasing 24.082%1981: United States 15.096%; Real estate and rental and leasing 21.186%1982: United States 16.657%; Real estate and rental and leasing 23.454%1983: United States 17.593%; Real estate and rental and leasing 22.138%1984: United States 13.073%; Real estate and rental and leasing 18.351%1985: United States 14.999%; Real estate and rental and leasing 20.399%1986: United States 15.399%; Real estate and rental and leasing 20.739%1987: United States 17.213%; Real estate and rental and leasing 24.463%1988: United States 16.050%; Real estate and rental and leasing 22.484%1989: United States 14.869%; Real estate and rental and leasing 20.518%1990: United States 14.394%; Real estate and rental and leasing 20.433%1991: United States 17.522%; Real estate and rental and leasing 25.950%1992: United States 16.007%; Real estate and rental and leasing 22.648%1993: United States 14.407%; Real estate and rental and leasing 19.768%1994: United States 13.821%; Real estate and rental and leasing 19.431%1995: United States 12.899%; Real estate and rental and leasing 18.002%1996: United States 14.049%; Real estate and rental and leasing 20.007%1997: United States 15.178%; Real estate and rental and leasing 19.345%1998: United States 13.787%; Real estate and rental and leasing 18.767%1999: United States 14.422%; Real estate and rental and leasing 18.365%2000: United States 13.608%; Real estate and rental and leasing 16.681%2001: United States 15.424%; Real estate and rental and leasing 18.118%2002: United States 18.784%; Real estate and rental and leasing 19.854%2003: United States 15.178%; Real estate and rental and leasing 16.087%2004: United States 13.871%; Real estate and rental and leasing 15.695%2005: United States 13.741%; Real estate and rental and leasing 17.164%2006: United States 12.808%; Real estate and rental and leasing 16.343%2007: United States 14.913%; Real estate and rental and leasing 19.621%2008: United States 14.307%; Real estate and rental and leasing 19.190%2009: United States 16.772%; Real estate and rental and leasing 21.299%2010: United States 14.052%; Real estate and rental and leasing 18.606%2011: United States 11.749%; Real estate and rental and leasing 16.546%2012: United States 11.634%; Real estate and rental and leasing 17.895%2013: United States 11.443%; Real estate and rental and leasing 15.086%2014: United States 10.968%; Real estate and rental and leasing 14.227%2015: United States 10.837%; Real estate and rental and leasing 13.681%2016: United States 10.876%; Real estate and rental and leasing 14.040%2017: United States 11.951%; Real estate and rental and leasing 14.430%2018: United States 11.142%; Real estate and rental and leasing 14.194%2019: United States 10.349%; Real estate and rental and leasing 13.240%2020: United States 11.326%; Real estate and rental and leasing 13.513%2021: United States 15.837%; Real estate and rental and leasing 18.925%2022: United States 11.153%; Real estate and rental and leasing 13.389%2023: United States 11.059%; Real estate and rental and leasing 13.864%
Entry minus exit+1.346 pp

In 2023, establishment entry was higher than exit for Real estate and rental and leasing.

Creation minus destruction+3.771 pp

Gross job creation was higher than destruction, matching the published net rate within rounding.

Change since 1978-6.767 pp

Job destruction was 6.767 points lower in 2023 than at the start of the series.

Source custody and method

A flow system, not a concentration score.

Every rate remains attached to its BDS year, national or sector universe, Census denominator, and source release.

01 / Source

2023 Business Dynamics Statistics

U.S. Census Bureau / accessed 2026-07-19. The observatory pins the economy-wide and sector CSV files to verified SHA-256 hashes.

02 / Measurement

March-to-March establishment flows

Job-flow rates use the Census Davis-Haltiwanger-Schuh average-employment denominator. Entry and exit use longitudinally consistent establishment counts, and excess reallocation removes the absolute net job change from gross flows.

03 / Handoffs

5,520 reusable observations

Use this slice as JSON or CSV, inspect the canonical indicator dossier, or continue into the guarded multidimensional data cube.