Data / Establishment exit rate / New Jersey

Establishment exit rate in New Jersey

Establishment exit rate in New Jersey was 9.58% in 2023, according to the U.S. Census Bureau. That is down 0.04 pts from 2022. That is the 15th highest of 51 states in 2023.

20239.58%
Change on 2022-0.04 pts
Rank15th of 51US states ranked
Series high12.7961991
Series low8.9622019

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 New Jersey, 1978 to 2023

891011121319781985199219992006201320231978: 10.492 %1979: 9.462 %1980: 9.985 %1981: 10.558 %1982: 10.935 %1983: 10.037 %1984: 9.363 %1985: 10.468 %1986: 10.518 %1987: 10.894 %1988: 10.849 %1989: 11.213 %1990: 11.305 %1991: 12.796 %1992: 11.593 %1993: 10.067 %1994: 10.192 %1995: 9.546 %1996: 10.224 %1997: 11.091 %1998: 9.798 %1999: 10.256 %2000: 10.036 %2001: 10.114 %2002: 11.321 %2003: 10.826 %2004: 10.658 %2005: 10.616 %2006: 10.332 %2007: 11.371 %2008: 11.342 %2009: 12.402 %2010: 11.347 %2011: 10.421 %2012: 9.669 %2013: 9.752 %2014: 9.707 %2015: 9.784 %2016: 9.003 %2017: 9.642 %2018: 9.388 %2019: 8.962 %2020: 9.788 %2021: 11.972 %2022: 9.622 %2023: 9.58 %891011121319781994201020231978: 10.492 %1979: 9.462 %1980: 9.985 %1981: 10.558 %1982: 10.935 %1983: 10.037 %1984: 9.363 %1985: 10.468 %1986: 10.518 %1987: 10.894 %1988: 10.849 %1989: 11.213 %1990: 11.305 %1991: 12.796 %1992: 11.593 %1993: 10.067 %1994: 10.192 %1995: 9.546 %1996: 10.224 %1997: 11.091 %1998: 9.798 %1999: 10.256 %2000: 10.036 %2001: 10.114 %2002: 11.321 %2003: 10.826 %2004: 10.658 %2005: 10.616 %2006: 10.332 %2007: 11.371 %2008: 11.342 %2009: 12.402 %2010: 11.347 %2011: 10.421 %2012: 9.669 %2013: 9.752 %2014: 9.707 %2015: 9.784 %2016: 9.003 %2017: 9.642 %2018: 9.388 %2019: 8.962 %2020: 9.788 %2021: 11.972 %2022: 9.622 %2023: 9.58 %
%. 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%
20239.58
20229.622
202111.972
20209.788
20198.962
20189.388
20179.642
20169.003
20159.784
20149.707
20139.752
20129.669
201110.421
201011.347
200912.402
200811.342
200711.371
200610.332
200510.616
200410.658
200310.826
200211.321
200110.114
200010.036
199910.256
19989.798
199711.091
199610.224
19959.546
199410.192
199310.067
199211.593
199112.796
199011.305
198911.213
198810.849
198710.894
198610.518
198510.468
19849.363
198310.037
198210.935
198110.558
19809.985
19799.462
197810.492

Compared with United States

Place2023
New Jersey9.58
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, New Jersey, 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, New Jersey, 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/new-jersey. 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, New Jersey, 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/new-jersey.

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, New Jersey, 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/new-jersey (Accessed: 12 October 2026).

BibTeX
@misc{census_establishment_exit_rate_new_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, New Jersey, 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/new-jersey. 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, New Jersey, 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/new-jersey
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/establishment-exit-rate/new-jersey.
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 New Jersey?

Establishment exit rate in New Jersey was 9.58% in 2023, according to the U.S. Census Bureau. That is down 0.04 pts from 2022. That is the 15th 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 New Jersey?

12.796% in 1991, the highest value since 1978 in this series.

Establishment exit rate elsewhere in United States

Related statistics for New Jersey

All statistics for New Jersey | New Jersey in figures