Data / Establishment entry rate / New Mexico

Establishment entry rate in New Mexico

Establishment entry rate in New Mexico was 10.272% in 2023, according to the U.S. Census Bureau. That is down 0.69 pts from 2022. That is the 20th highest of 51 states in 2023.

202310.272%
Change on 2022-0.69 pts
Rank20th of 51US states ranked
Series high19.4281978
Series low8.3172018

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Establishment entry rate in New Mexico, 1978 to 2023

7.51012.51517.52019781985199219992006201320231978: 19.428 %1979: 16.319 %1980: 14.941 %1981: 14.987 %1982: 14.936 %1983: 16.048 %1984: 16.48 %1985: 15.16 %1986: 15.643 %1987: 14.666 %1988: 14.632 %1989: 14.354 %1990: 13.656 %1991: 13.87 %1992: 12.815 %1993: 12.618 %1994: 13.51 %1995: 13.198 %1996: 12.656 %1997: 13.174 %1998: 11.895 %1999: 11.571 %2000: 11.061 %2001: 11.447 %2002: 12.056 %2003: 11.434 %2004: 11.23 %2005: 11.318 %2006: 12.654 %2007: 11.588 %2008: 10.306 %2009: 8.811 %2010: 8.56 %2011: 9.353 %2012: 9.309 %2013: 8.969 %2014: 8.716 %2015: 9.121 %2016: 8.834 %2017: 8.459 %2018: 8.317 %2019: 8.768 %2020: 8.732 %2021: 9.363 %2022: 10.958 %2023: 10.272 %
%. Source: U.S. Census Bureau, Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved 2026-10-12, published 2025-09-25.
All 46 values
Period%
202310.272
202210.958
20219.363
20208.732
20198.768
20188.317
20178.459
20168.834
20159.121
20148.716
20138.969
20129.309
20119.353
20108.56
20098.811
200810.306
200711.588
200612.654
200511.318
200411.23
200311.434
200212.056
200111.447
200011.061
199911.571
199811.895
199713.174
199612.656
199513.198
199413.51
199312.618
199212.815
199113.87
199013.656
198914.354
198814.632
198714.666
198615.643
198515.16
198416.48
198316.048
198214.936
198114.987
198014.941
197916.319
197819.428

Compared with United States

Place2023
New Mexico10.272
United States10.608

Rankings

Definition

Establishments that opened during the year (employees in March of the year and none a year earlier), as a percentage of the average number of establishments in the two years. United States: Census Bureau Business Dynamics Statistics.

An establishment is a single physical location, so a new branch of an existing firm counts as an entry: this is not the rate of new firms. Not comparable with enterprise_birth_rate, which counts new enterprises in Europe. The year is the twelve months to March: 2023 compares March 2022 with March 2023.

How to cite

U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Census Bureau. (2025). Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010 (Establishment entry rate, New Mexico, 1978 to 2023) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv

MLA 9

Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010, Establishment entry rate, New Mexico, 1978 to 2023. U.S. Census Bureau, 25 Sept. 2025, https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Invokely, https://invokely.ai/en/establishment-entry-rate/new-mexico. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2025. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. Establishment entry rate, New Mexico, 1978 to 2023. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Also distributed by Invokely, https://invokely.ai/en/establishment-entry-rate/new-mexico.

Harvard

U.S. Census Bureau (2025) Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010, Establishment entry rate, New Mexico, 1978 to 2023 [Dataset]. Available at: https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv, via Invokely: https://invokely.ai/en/establishment-entry-rate/new-mexico (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_entry_rate_new_2023,
  author = {{U.S. Census Bureau}},
  title = {{Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010: Establishment entry rate, New Mexico, 1978 to 2023}},
  year = {2025},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/establishment-entry-rate/new-mexico. Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023\_st.csv. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Census Bureau
TI  - Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010: Establishment entry rate, New Mexico, 1978 to 2023
PY  - 2025
DA  - 2025/09/25
PB  - U.S. Census Bureau
DB  - Invokely
UR  - https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv
L2  - https://invokely.ai/en/establishment-entry-rate/new-mexico
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-entry-rate/new-mexico.
N1  - Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st.csv. Retrieved 2026-10-12.
ER  -
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Questions

What is the establishment entry rate in New Mexico?

Establishment entry rate in New Mexico was 10.272% in 2023, according to the U.S. Census Bureau. That is down 0.69 pts from 2022. That is the 20th highest of 51 states in 2023.

Where does this figure come from?

U.S. Census Bureau. Business Dynamics Statistics: establishment entry rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved by Invokely on 2026-10-12.

What was the highest establishment entry rate in New Mexico?

19.428% in 1978, the highest value since 1978 in this series.

Establishment entry rate elsewhere in United States

Related statistics for New Mexico

All statistics for New Mexico | New Mexico in figures