Establishment exit rate in Covington city

Establishment exit rate in Covington city was 3.922% in 2023, according to the U.S. Census Bureau. That is down 0.6 pts from 2022. That is the 133rd highest of 133 counties in 2023.

20233.922%

Change on 2022-0.6 pts

Rank133rd of 133Counties in Virginia ranked

Series high7.8532017

Series low3.1832018

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

Establishment exit rate in Covington city, 2010 to 2023

%. 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 14 values

Period	%
2023	3.922
2022	4.52
2021	4.571
2020	7.821
2019	4.826
2018	3.183
2017	7.853
2016	3.59
2015	3.608
2014	5.128
2013	7.426
2012	3.912
2011	5.459
2010	6.914

Compared with Virginia and United States

Place	2023
Covington city	3.922
Virginia	8.949
United States	9.396

Covington city compared with nearby places

Under 6.8
6.8 to 7.6
7.6 to 8.4
8.4 to 9.1
9.1 to 10
10 and over

Establishment exit rate, 2023, %. Covington city is outlined. Same source and period for every area shown. Source: U.S. Census Bureau. Boundaries: U.S. Census Bureau cartographic boundary files.

Rankings

US states by establishment exit rate 51 places
Counties in Virginia by establishment exit rate 133 places

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_cty.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, Covington city, 2010 to 2023) [Data set]. Retrieved October 12, 2026, from https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv

MLA 9

Business Dynamics Statistics: establishment exit rate, all covered industries, nation and states from 1978, counties from 2010, Establishment exit rate, Covington city, 2010 to 2023. U.S. Census Bureau, 25 Sept. 2025, https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Invokely, https://invokely.ai/en/establishment-exit-rate/covington-city-virginia. 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, Covington city, 2010 to 2023. Dataset. Accessed October 12, 2026. https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv. Also distributed by Invokely, https://invokely.ai/en/establishment-exit-rate/covington-city-virginia.

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, Covington city, 2010 to 2023 [Dataset]. Available at: https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv, via Invokely: https://invokely.ai/en/establishment-exit-rate/covington-city-virginia (Accessed: 12 October 2026).

BibTeX

@misc{census_establishment_exit_rate_covington_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, Covington city, 2010 to 2023}},
  year = {2025},
  howpublished = {Data set},
  url = {https://www2.census.gov/programs-surveys/bds/tables/time-series/2023/bds2023_st_cty.csv},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/covington-city-virginia. 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\_cty.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, Covington city, 2010 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_cty.csv
L2  - https://invokely.ai/en/establishment-exit-rate/covington-city-virginia
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/covington-city-virginia.
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_cty.csv. Retrieved 2026-10-12.
ER  -

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Questions

What is the establishment exit rate in Covington city?

Establishment exit rate in Covington city was 3.922% in 2023, according to the U.S. Census Bureau. That is down 0.6 pts from 2022. That is the 133rd highest of 133 counties 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 Covington city?

7.853% in 2017, the highest value since 2010 in this series.

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All statistics for Covington city | Covington city in figures