The U.S. Census Bureau today released the 2020 Business Dynamics Statistics (BDS) in the Census API, on data.census.gov, and on the BDS website. The BDS is an annual time-series, covering the years 1978 to 2020. The data provide measures of business dynamics, such as job creation and destruction, establishment births and deaths, and firm startups and shutdowns for the economy overall and aggregated by establishment and firm characteristics.
The 2020 data are also now available in BDS Explorer version 1.22.1. The data tool 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 sort measures of business dynamism. In this new version release, there are two significant changes. Measures can now be compared side-by-side by selecting Measure in the X-Axis or Group dropdown and the application URL now saves visualization settings for easy saving and sharing. Both features can be seen in this line chart of job creation, job destruction and net job creation over time.
To learn more, visit BDS and BDS Explorer.
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Source: U.S. Department of Census Bureau
