In 2015, Michigan had one of the lowest levels of business churn in the nation, trailing behind both the “Top Ten” average and peer state averages.   

What It Is: The sum of establishments born and exiting a state within the last 12 months, per 100,000 people.   

Why It Matters: Higher levels of business churn indicate a more innovative and vibrant economy.

Business Churn Trends

Business Churn Standings

Source: U.S. Census Bureau (Business Dynamics Statistics)