Antitrust Radar
Competition InsightsAR-CI-2026-06 / Domain readout

Business dynamics / dispatch 06

Every national business-flow rate in the monitor was lower in 2023 than in 2022.

Six Census BDS rates describe establishment and job flows inside one national private-sector universe; none is a concentration or market-power measure.
Current readout6 of 6 lower
Exact signals
6
national BDS rates
Entities
1
within declared frames
Public sources
1
linked custody rows
Latest anchor
2023
intervals vary
0 increased 6 decreased

Interpretation boundaryBDS 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.

Evidence standard

Evidence reading

What the current rows establish.

4 bounded findings / 6 exact signals
  1. 01

    All six monitored national rates moved lower.

    Across 6 exact latest-to-prior rows, 0 increased, 6 decreased. The common direction does not establish a common cause.

    6 supporting signals
  2. 02

    Entry fell more than exit in percentage-point terms.

    Establishment entry rate moved from 11.7% in 2022 to 10.6% in 2023 (-1.043 percentage points). Establishment exit rate moved from 9.5% in 2022 to 9.4% in 2023 (-0.116 percentage points).

    2 supporting signals
  3. 03

    Job creation fell more than job destruction, and net job creation narrowed.

    Job creation rate moved from 16.6% in 2022 to 13.6% in 2023 (-2.985 percentage points). Job destruction rate moved from 11.2% in 2022 to 11.1% in 2023 (-0.094 percentage points). Net job creation rate moved from 5.4% in 2022 to 2.5% in 2023 (-2.890 percentage points).

    3 supporting signals
  4. 04

    Excess job reallocation also moved slightly lower.

    Excess job reallocation rate moved from 22.3% in 2022 to 22.1% in 2023 (-0.188 percentage points).

    1 supporting signal

Exact comparisons

Inspect every prior and latest anchor.

Observed change fieldEach row retains its own unit and scale
  1. United States business dynamicsEntry rate202211.651%202310.608%-1.043 ppDecrease
  2. United States business dynamicsExit rate20229.512%20239.396%-0.116 ppDecrease
  3. United States business dynamicsJob creation202216.577%202313.592%-2.985 ppDecrease
  4. United States business dynamicsJob destruction202211.153%202311.059%-0.094 ppDecrease
  5. United States business dynamicsNet job creation20225.424%20232.534%-2.890 ppDecrease
  6. United States business dynamicsExcess reallocation202222.306%202322.118%-0.188 ppDecrease

Analysis lab

Open the bounded instruments behind this dispatch.

5 declared routes / 6 signals
  1. 01

    Exact relationship

    Entry and exit rate relationship

    National BDS establishment entry and exit rates paired for every common calendar year.The paired rates describe flows and do not identify why establishments enter or exit.
  2. 02

    Exact relationship

    Job creation and destruction relationship

    National BDS gross job creation and destruction rates paired by calendar year.The pair describes simultaneous flows and does not identify a competitive cause.
  3. 03

    VizBuilder figure

    Net job creation series

    The exact national BDS net job creation rate through 2023.Net creation is one flow measure, not a concentration or market-power indicator.
  4. 04

    VizBuilder figure

    Excess reallocation series

    The exact national BDS excess job reallocation rate through 2023.The rate does not independently diagnose competition, labor-market power, or causation.
  5. 05

    Source workspace

    Six-measure BDS workbench

    All six national series with the full 1978-2023 record and sector comparison controls.Every rate keeps its Census denominator and remains separate from concentration measures.

Evidence ledger

Values, custody, and continuation routes.

Scroll horizontally to inspect all columns.
Business dynamism signal membership table. Values retain their source unit and period basis.
Entity / metricPriorLatestChangeSourceContinue
United States business dynamicsEstablishment entry rate11.651%202210.608%2023-1.043 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system
United States business dynamicsEstablishment exit rate9.512%20229.396%2023-0.116 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system
United States business dynamicsJob creation rate16.577%202213.592%2023-2.985 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system
United States business dynamicsJob destruction rate11.153%202211.059%2023-0.094 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system
United States business dynamicsNet job creation rate5.424%20222.534%2023-2.890 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system
United States business dynamicsExcess job reallocation rate22.306%202222.118%2023-0.188 ppDecreaseU.S. Census Bureaucensus-business-dynamics-2023
VizBuilder Source system

Research handoff

The dispatch ends where investigation should begin.

Which sectors, firm ages, places, financing conditions, demand shifts, technologies, regulations, or ownership changes account for the national movement?
  1. United States business dynamicsWhich sectors, firm-age groups, places, financing conditions, or policy changes account for the latest national entry-rate movement?
  2. United States business dynamicsWhich sectors, firm-age groups, places, closures, or ownership transitions account for the latest national exit-rate movement?
  3. United States business dynamicsWhich opening and expanding establishments, sectors, places, or firm-age groups account for the change in gross job creation?
  4. United States business dynamicsWhich closing and contracting establishments, sectors, places, or firm-age groups account for the change in gross job destruction?

Source custody

Public records behind this dispatch.

1 source
  1. 01
    2023 Business Dynamics StatisticsU.S. Census Bureau / accessed July 19, 2026
    Source dossier

Publication record

Cite this dispatch as a versioned research object.

current edition
Competition InsightsAR-CI-2026-06Version 1.0
Author
Antitrust Radar Research Team
Published
Updated
Sources checked
Antitrust Radar Research Team. (2026, August 12). Every national business-flow rate in the monitor was lower in 2023 than in 2022.. Competition Insights, AR-CI-2026-06 (Version 1.0). Antitrust Radar. https://antitrustradar.org/insights/business-dynamism-pulse-2023
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