JobMarketHealth

U.S. Census Bureau

BDS: Business Dynamics Statistics

Business Dynamics Statistics measures the churn underneath employment totals: establishment and firm births and deaths, job creation and job destruction, and how those vary by firm age and size.

Planned enrichmentAnnual

What it measures

  • Establishment and firm openings and closings
  • Gross job creation and gross job destruction
  • Job flows by firm age and firm size, including young firm activity
  • Annual series by industry and geography

What it does not measure

Most misreadings of labor data come from asking a dataset a question it was not built to answer. These are the limits worth holding onto.

  • Occupations, wages or openings
  • Current conditions. BDS is a retrospective annual series

Update cadence

Annual.

Occupation pages name the specific release behind each figure and when it was imported, so you can see how current a number is rather than assuming it is new. More on that on about the data.

How we plan to use it

  • Planned. BDS is not ingested today and contributes nothing to any figure on this site.
  • The intended future use is context on whether an area's employers are expanding, forming or shutting down.

Planned, not active

BDS is not ingested today. Nothing on this site is derived from it, and it does not affect any Job Market Health score.

Official source

U.S. Census Bureau publishes Business Dynamics Statistics. JobMarketHealth organizes and derives from that public data and is not its publisher.

Census Business Dynamics Statistics

Related guides

  • How to compare local job marketsOccupational data goes local through OEWS employment and concentration. Monthly demand data mostly does not, so local comparisons need care about what is being compared.

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