Data / Establishment exit rate / Minnesota

Establishment exit rate in Minnesota

Establishment exit rate in Minnesota was 8.592% in 2023, according to the U.S. Census Bureau. That is down 0.34 pts from 2022. That is the 30th highest of 51 states in 2023.

20238.592%
Change on 2022-0.34 pts
Rank30th of 51US states ranked
Series high11.5881985
Series low7.4852016

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

Get an email when a new figure is out or this one is revised.

Establishment exit rate in Minnesota, 1978 to 2023

78910111219781985199219992006201320231978: 9.813 %1979: 9.318 %1980: 9.888 %1981: 10.245 %1982: 11.108 %1983: 9.868 %1984: 9.42 %1985: 11.588 %1986: 11.139 %1987: 10.978 %1988: 10.274 %1989: 9.875 %1990: 9.38 %1991: 9.803 %1992: 9.827 %1993: 8.374 %1994: 8.327 %1995: 8.411 %1996: 8.516 %1997: 9.393 %1998: 8.392 %1999: 8.717 %2000: 8.62 %2001: 9.091 %2002: 10.837 %2003: 9.591 %2004: 9.105 %2005: 9.083 %2006: 9.605 %2007: 10.51 %2008: 10.557 %2009: 10.642 %2010: 9.405 %2011: 8.965 %2012: 8.556 %2013: 8.25 %2014: 7.775 %2015: 7.926 %2016: 7.485 %2017: 8.223 %2018: 8.352 %2019: 7.769 %2020: 8.348 %2021: 8.435 %2022: 8.934 %2023: 8.592 %68101219781994201020231978: 9.813 %1979: 9.318 %1980: 9.888 %1981: 10.245 %1982: 11.108 %1983: 9.868 %1984: 9.42 %1985: 11.588 %1986: 11.139 %1987: 10.978 %1988: 10.274 %1989: 9.875 %1990: 9.38 %1991: 9.803 %1992: 9.827 %1993: 8.374 %1994: 8.327 %1995: 8.411 %1996: 8.516 %1997: 9.393 %1998: 8.392 %1999: 8.717 %2000: 8.62 %2001: 9.091 %2002: 10.837 %2003: 9.591 %2004: 9.105 %2005: 9.083 %2006: 9.605 %2007: 10.51 %2008: 10.557 %2009: 10.642 %2010: 9.405 %2011: 8.965 %2012: 8.556 %2013: 8.25 %2014: 7.775 %2015: 7.926 %2016: 7.485 %2017: 8.223 %2018: 8.352 %2019: 7.769 %2020: 8.348 %2021: 8.435 %2022: 8.934 %2023: 8.592 %
%. 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%
20238.592
20228.934
20218.435
20208.348
20197.769
20188.352
20178.223
20167.485
20157.926
20147.775
20138.25
20128.556
20118.965
20109.405
200910.642
200810.557
200710.51
20069.605
20059.083
20049.105
20039.591
200210.837
20019.091
20008.62
19998.717
19988.392
19979.393
19968.516
19958.411
19948.327
19938.374
19929.827
19919.803
19909.38
19899.875
198810.274
198710.978
198611.139
198511.588
19849.42
19839.868
198211.108
198110.245
19809.888
19799.318
19789.813

Compared with United States

Place2023
Minnesota8.592
United States9.396

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.

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, Minnesota, 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, Minnesota, 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/minnesota. 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, Minnesota, 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/minnesota.

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, Minnesota, 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/minnesota (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_minnesota_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, Minnesota, 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/minnesota. 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, Minnesota, 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/minnesota
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/minnesota.
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  -
Embed this chart

Paste this code into a web page or a blog post. The chart shows the latest figures as they are published, with the source and a link back to this page.

Sites that read oEmbed links, such as WordPress, can show the chart when you paste the link to this page.

Use this data in your AI agent

Invokely serves this figure to AI assistants through MCP and to code through a REST API, with the source and citation attached. Ask your assistant:

What is the latest establishment exit rate in Minnesota? Cite the source.
get_value {"indicator":"establishment_exit_rate","place":"us-state-27"}
GET https://invokely.ai/api/v1/value?indicator=establishment_exit_rate&place=us-state-27

Connect Claude, ChatGPT or Cursor in one step. The trial answers 25 calls a day without an account.

Questions

What is the establishment exit rate in Minnesota?

Establishment exit rate in Minnesota was 8.592% in 2023, according to the U.S. Census Bureau. That is down 0.34 pts from 2022. That is the 30th 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 Minnesota?

11.588% in 1985, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for Minnesota

All statistics for Minnesota | Minnesota in figures