Summary: Establishment openings and closings, firm startups, job creation and destruction, and other business dynamic statistics by age and industrial sector
|Name||Business Dynamics: Establishment Age by Sector (Archives, 1977-2014)|
|Summary||Establishment openings and closings, firm startups, job creation and destruction, and other business dynamic statistics by age and industrial sector|
Because the Census Bureau updates this infrequently, we have moved this to archives only.
This database reports the establishment age by sector based on Business Dynamic Statistics (BDS) from the U.S. Census Bureau. BDS includes measures of establishment openings and closings, firm startups, job creation and destruction by firm size, age, and industrial sector, and several other statistics on business dynamics. These data track changes in employment at the establishment level, and thus provide a picture of the dynamics underlying aggregate net employment growth. The category for age "left censored" indicates firms and establishments born prior to 1976. See category definitions for additional information (Link from this to additional content shown in readme).
This database focuses on establishment age and provides insight to the formation of industry sector firms and jobs. For example, retrieving the number of firms in a specific sector by establishment age shows the number of new firms (age zero) surviving in the following years. Similarly, viewing other variables, e.g., establishments born, shows establishment growth generally over a long time period. For more information, see Business Dynamics Statistics.
|Series Begins/Ends||1977 - 2014|
|Data Source||U.S. Census Bureau|