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Introducing Business Dynamics Statistics (BDS) Explorer

Description

The U.S. Census Bureau and the Local Employment Dynamics (LED) Partnership in collaboration with the Council for Community and Economic Research (C2ER) and the Labor Market Information (LMI) Institute, welcomes Heath Hayward and Christopher Goetz as they introduce Business Dynamics Statistics (BDS) Explorer! BDS Explorer is a new, web-based analysis tool that enables comprehensive access to the full depth and breadth of the BDS dataset.

BDS Explorer provides access to the entire BDS dataset via line charts, bar charts, and thematic maps. The application's intuitive dashboard allows for the construction of tables and charts to compare and rank measures of business dynamism such as employment, job creation and destruction, and firm births and deaths across a wide range of establishment and firm characteristics. Potential analyses include a longitudinal look at job creation by establishment age across counties, ranking establishment entry rates of young firms across NAICS industry groups, and comparing job destruction rates by firm sizes across a selection of Metropolitan Areas. See the BDS Explorer homepage for more information.

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