Industry Resilience: Which Sectors Survive the Storm (2010-2023)

📊 Firm Death Rates by Industry (2010-2023)

Insight: Compare two death rates: Activity-Based (red) measures firm deaths against new establishments; Firm-Based (blue) shows deaths relative to total firms. Hover to explore!

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🌟 Spotlight 1: Lowest Firm Death Rate - Management (2010-2023)

Metric: Firm-Based Death Rate (2.9%) - Percent of firms that exited relative to total firms.
What It Means: Best survival odds for individual firms—ideal for risk-averse startups.

Insight: Management added -3,680 net establishments, peaking in 2016.

Jobs: Created 1,687,202 jobs, lost 1,641,811 to closures.

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🌟 Spotlight 2: Lowest Activity Death Rate - Management (2010-2023)

Metric: Activity-Based Death Rate (16.4%) - Firm deaths vs. new establishment activity.
What It Means: Low firm deaths relative to startup activity—great for dynamic, healthy sectors.

Insight: Management added -3,680 net establishments, peaking in 2016.

Jobs: Created 1,687,202 jobs, lost 1,641,811 to closures.

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🌟 Spotlight 3: Highest Net Growth - Health Care (2010-2023)

Metric: Net Establishment Growth (184,475) - New establishments minus exits.
What It Means: Most expansion—perfect for growth-oriented startups seeking opportunity.

Insight: Health Care added 184,475 net establishments, peaking in 2023.

Jobs: Created 9,178,898 jobs, lost 7,456,130 to closures.

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Source: U.S. Census Bureau BDS Data.
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