# Establishment exit rate in New Mexico

Establishment exit rate in New Mexico was 9.245% in 2023. Source: U.S. Census Bureau.

- Indicator id: `establishment_exit_rate`
- Place id: `us-state-35`
- Unit: %
- 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.
- Note: 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.
- Source: 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)
- Publisher page: https://invokely.ai/en/publishers/us-census-bureau
- Retrieved: 2026-10-12
- License: Public domain (US federal government work, citation requested)
- Citation: 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.
- Web page: https://invokely.ai/en/establishment-exit-rate/new-mexico
- API: https://invokely.ai/api/v1/series?indicator=establishment_exit_rate&place=us-state-35

| Period | % |
|---|---:|
| 2023 | 9.245 |
| 2022 | 9.272 |
| 2021 | 10.367 |
| 2020 | 8.987 |
| 2019 | 8.086 |
| 2018 | 8.812 |
| 2017 | 8.833 |
| 2016 | 8.599 |
| 2015 | 8.756 |
| 2014 | 8.751 |
| 2013 | 9.203 |
| 2012 | 9.307 |
| 2011 | 9.722 |
| 2010 | 10.774 |
| 2009 | 11.042 |
| 2008 | 10.729 |
| 2007 | 9.755 |
| 2006 | 9.814 |
| 2005 | 9.433 |
| 2004 | 9.68 |
| 2003 | 10.253 |
| 2002 | 11.673 |
| 2001 | 11.312 |
| 2000 | 11.111 |
| 1999 | 10.97 |
| 1998 | 10.822 |
| 1997 | 11.945 |
| 1996 | 10.572 |
| 1995 | 10.45 |
| 1994 | 10.305 |
| 1993 | 10.192 |
| 1992 | 11.706 |
| 1991 | 11.935 |
| 1990 | 11.661 |
| 1989 | 12.684 |
| 1988 | 13.482 |
| 1987 | 14.271 |
| 1986 | 13.598 |
| 1985 | 14.163 |
| 1984 | 12.362 |
| 1983 | 12.585 |
| 1982 | 13.774 |
| 1981 | 13.589 |
| 1980 | 14.015 |
| 1979 | 13.531 |
| 1978 | 13.445 |