Data / Establishment exit rate / Connecticut

Establishment exit rate in Connecticut

Establishment exit rate in Connecticut was 8.473% in 2023, according to the U.S. Census Bureau. That is down 0.21 pts from 2022. That is the 35th highest of 51 states in 2023.

20238.473%
Change on 2022-0.21 pts
Rank35th of 51US states ranked
Series high12.5551991
Series low7.8152016

Next release: Sunday, 26 September 2027, estimated by Invokely from past publication dates (low confidence), not announced by the publisher. Release calendar

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Establishment exit rate in Connecticut, 1978 to 2023

7891011121319781985199219992006201320231978: 8.987 %1979: 8.406 %1980: 9.37 %1981: 9.709 %1982: 10.369 %1983: 9.441 %1984: 8.439 %1985: 10.196 %1986: 9.694 %1987: 10.388 %1988: 10.285 %1989: 11.027 %1990: 11.43 %1991: 12.555 %1992: 11.721 %1993: 9.866 %1994: 9.43 %1995: 9.016 %1996: 9.285 %1997: 10.158 %1998: 9.215 %1999: 9.123 %2000: 8.829 %2001: 9.329 %2002: 10.383 %2003: 9.683 %2004: 8.605 %2005: 9.196 %2006: 9.374 %2007: 9.647 %2008: 9.514 %2009: 10.32 %2010: 9.583 %2011: 9.113 %2012: 8.397 %2013: 8.622 %2014: 8.331 %2015: 8.365 %2016: 7.815 %2017: 8.752 %2018: 8.858 %2019: 7.863 %2020: 8.983 %2021: 9.987 %2022: 8.68 %2023: 8.473 %6810121419781994201020231978: 8.987 %1979: 8.406 %1980: 9.37 %1981: 9.709 %1982: 10.369 %1983: 9.441 %1984: 8.439 %1985: 10.196 %1986: 9.694 %1987: 10.388 %1988: 10.285 %1989: 11.027 %1990: 11.43 %1991: 12.555 %1992: 11.721 %1993: 9.866 %1994: 9.43 %1995: 9.016 %1996: 9.285 %1997: 10.158 %1998: 9.215 %1999: 9.123 %2000: 8.829 %2001: 9.329 %2002: 10.383 %2003: 9.683 %2004: 8.605 %2005: 9.196 %2006: 9.374 %2007: 9.647 %2008: 9.514 %2009: 10.32 %2010: 9.583 %2011: 9.113 %2012: 8.397 %2013: 8.622 %2014: 8.331 %2015: 8.365 %2016: 7.815 %2017: 8.752 %2018: 8.858 %2019: 7.863 %2020: 8.983 %2021: 9.987 %2022: 8.68 %2023: 8.473 %
%. Source: U.S. Census Bureau, Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. Retrieved 2026-10-12, published 2025-09-25.
All 46 values
Period%
20238.473
20228.68
20219.987
20208.983
20197.863
20188.858
20178.752
20167.815
20158.365
20148.331
20138.622
20128.397
20119.113
20109.583
200910.32
20089.514
20079.647
20069.374
20059.196
20048.605
20039.683
200210.383
20019.329
20008.829
19999.123
19989.215
199710.158
19969.285
19959.016
19949.43
19939.866
199211.721
199112.555
199011.43
198911.027
198810.285
198710.388
19869.694
198510.196
19848.439
19839.441
198210.369
19819.709
19809.37
19798.406
19788.987

Compared with United States

Place2023
Connecticut8.473
United States9.396

Connecticut compared with nearby places

Alabama: 8.232 %Alaska: 9.122 %Arizona: 10.25 %Arkansas: 8.052 %California: 10.256 %Colorado: 11.172 %Connecticut: 8.473 %Delaware: 9.949 %District of Columbia: 8.862 %Florida: 10.909 %Georgia: 10.23 %Hawaii: 8.785 %Idaho: 10.426 %Illinois: 9.135 %Indiana: 8.424 %Iowa: 8.413 %Kansas: 8.326 %Kentucky: 8.203 %Louisiana: 8.056 %Maine: 8.624 %Maryland: 9.125 %Massachusetts: 8.442 %Michigan: 8.428 %Minnesota: 8.592 %Mississippi: 8.544 %Missouri: 9.576 %Montana: 9.705 %Nebraska: 8.214 %Nevada: 10.757 %New Hampshire: 8.522 %New Jersey: 9.58 %New Mexico: 9.245 %New York: 9.691 %North Carolina: 9.073 %North Dakota: 7.986 %Ohio: 8.152 %Oklahoma: 8.918 %Oregon: 9.82 %Pennsylvania: 8.159 %Rhode Island: 8.774 %South Carolina: 8.58 %South Dakota: 8.353 %Tennessee: 8.722 %Texas: 9.394 %Utah: 10.464 %Vermont: 8.57 %Virginia: 8.949 %Washington: 10.333 %West Virginia: 8.312 %Wisconsin: 8.095 %Wyoming: 10.319 %
  • Under 8.3
  • 8.3 to 8.5
  • 8.5 to 8.8
  • 8.8 to 9.3
  • 9.3 to 10
  • 10 and over
Establishment exit rate, 2023, %. Connecticut is outlined. Same source and period for every area shown. Source: U.S. Census Bureau. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

Definition

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

Counts closed locations, including branches of firms that keep operating elsewhere, so it is not a firm failure rate. Not comparable with enterprise_death_rate, which counts enterprise deaths in Europe. The year is the twelve months to March: 2023 compares March 2022 with March 2023.

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How to cite

U.S. Census Bureau. Business Dynamics Statistics: establishment exit 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 exit rate, all covered industries, nation and states from 1978, counties from 2010 (Establishment exit rate, Connecticut, 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 exit rate, all covered industries, nation and states from 1978, counties from 2010, Establishment exit rate, Connecticut, 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-exit-rate/connecticut. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Census Bureau. 2025. Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010. Establishment exit rate, Connecticut, 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-exit-rate/connecticut.

Harvard

U.S. Census Bureau (2025) Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010, Establishment exit rate, Connecticut, 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-exit-rate/connecticut (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_connecticut_2023,
  author = {{U.S. Census Bureau}},
  title = {{Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010: Establishment exit rate, Connecticut, 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-exit-rate/connecticut. Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment exit 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 exit rate, all covered industries, nation and states from 1978, counties from 2010: Establishment exit rate, Connecticut, 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-exit-rate/connecticut
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/connecticut.
N1  - Publisher attribution: U.S. Census Bureau. Business Dynamics Statistics: establishment exit 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 exit rate in Connecticut?

Establishment exit rate in Connecticut was 8.473% in 2023, according to the U.S. Census Bureau. That is down 0.21 pts from 2022. That is the 35th highest of 51 states in 2023.

Where does this figure come from?

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

What was the highest establishment exit rate in Connecticut?

12.555% in 1991, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for Connecticut

All statistics for Connecticut | Connecticut in figures