Data / Establishment exit rate / Michigan

Establishment exit rate in Michigan

Establishment exit rate in Michigan was 8.428% in 2023, according to the U.S. Census Bureau. That is down 0.41 pts from 2022. That is the 37th highest of 51 states in 2023.

20238.428%
Change on 2022-0.41 pts
Rank37th of 51US states ranked
Series high12.1451982
Series low7.5572016

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 Michigan, 1978 to 2023

7891011121319781985199219992006201320231978: 10.352 %1979: 9.54 %1980: 10.738 %1981: 11.222 %1982: 12.145 %1983: 10.412 %1984: 9.569 %1985: 10.646 %1986: 10.212 %1987: 10.74 %1988: 10.294 %1989: 9.605 %1990: 9.561 %1991: 10.211 %1992: 10.165 %1993: 9.012 %1994: 8.837 %1995: 8.718 %1996: 8.793 %1997: 10.186 %1998: 9.279 %1999: 9.305 %2000: 9.356 %2001: 9.913 %2002: 11.37 %2003: 10.003 %2004: 9.751 %2005: 9.802 %2006: 9.851 %2007: 10.845 %2008: 10.932 %2009: 11.694 %2010: 10.243 %2011: 9.146 %2012: 8.672 %2013: 8.587 %2014: 8.187 %2015: 8.098 %2016: 7.557 %2017: 8.261 %2018: 7.924 %2019: 7.806 %2020: 8.765 %2021: 9.97 %2022: 8.834 %2023: 8.428 %6810121419781994201020231978: 10.352 %1979: 9.54 %1980: 10.738 %1981: 11.222 %1982: 12.145 %1983: 10.412 %1984: 9.569 %1985: 10.646 %1986: 10.212 %1987: 10.74 %1988: 10.294 %1989: 9.605 %1990: 9.561 %1991: 10.211 %1992: 10.165 %1993: 9.012 %1994: 8.837 %1995: 8.718 %1996: 8.793 %1997: 10.186 %1998: 9.279 %1999: 9.305 %2000: 9.356 %2001: 9.913 %2002: 11.37 %2003: 10.003 %2004: 9.751 %2005: 9.802 %2006: 9.851 %2007: 10.845 %2008: 10.932 %2009: 11.694 %2010: 10.243 %2011: 9.146 %2012: 8.672 %2013: 8.587 %2014: 8.187 %2015: 8.098 %2016: 7.557 %2017: 8.261 %2018: 7.924 %2019: 7.806 %2020: 8.765 %2021: 9.97 %2022: 8.834 %2023: 8.428 %
%. 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%
20238.428
20228.834
20219.97
20208.765
20197.806
20187.924
20178.261
20167.557
20158.098
20148.187
20138.587
20128.672
20119.146
201010.243
200911.694
200810.932
200710.845
20069.851
20059.802
20049.751
200310.003
200211.37
20019.913
20009.356
19999.305
19989.279
199710.186
19968.793
19958.718
19948.837
19939.012
199210.165
199110.211
19909.561
19899.605
198810.294
198710.74
198610.212
198510.646
19849.569
198310.412
198212.145
198111.222
198010.738
19799.54
197810.352

Compared with United States

Place2023
Michigan8.428
United States9.396

Michigan 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, %. Michigan 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, Michigan, 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, Michigan, 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/michigan. 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, Michigan, 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/michigan.

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, Michigan, 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/michigan (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_michigan_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, Michigan, 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/michigan. 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, Michigan, 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/michigan
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/michigan.
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 Michigan?

Establishment exit rate in Michigan was 8.428% in 2023, according to the U.S. Census Bureau. That is down 0.41 pts from 2022. That is the 37th 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 Michigan?

12.145% in 1982, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for Michigan

All statistics for Michigan | Michigan in figures