Existing, expanding companies contribute most to U.S. job creation. In fact, on average from 1995 through 2010, existing companies generated 40 percent more jobs than new startups...
...a bit more detail on existing expanding companies, from 1995 through 2010, they created over 21.7 million new jobs, while new company starts created over 6 million new jobs.
From 1995 through 2010, stage 2 companies (with employees 10 - 99) were composed of 36% of total jobs in the United States, more than any other employment stage.
From 1995 through 2010, expanding companies created 16.4% of jobs change, while opened companies generated 1.7% jobs change
From 1995 through 2010, “Resident/local businesses jobs grew 22.6% – while Nonresident (businsses with their HQ out of state) jobs decreased by half a percentage.
WHO IS YE FOR?
YourEconomy.org (YE) is a large time-series establishment data set designed to be a practical tool for researchers, business and community leaders, and economic-growth professionals. It provides, detailed - yet quick and easy-to-access - information about businesses, agencies and organizations, and jobs at the national, state, MSA, and county levels. The site also gives policymakers and journalists the benefit of being able to look at regional economies and their business and industry activities in a new way.
NEW! 2010 data - YE has added calendar year 2010 data! Also upgrades that include new graphs, smoother navigation and more accessible help files.
Insights offers current expert analysis of economic activity and job creation from the Institute for Exceptional Growth Companies (IEGC). Check out the latest Insights from our own Gary Kunkle, and John K. Paglia and Maretno A. Harjoto from Pepperdine.
HOW DOES YE WORK?
We offer three data source options:
YourEconomy.org (YE) is a free business census containing 27 million active establishments (over 52 million total) providing unique aggregate information about the performance of businesses through time from a local to a national perspective.
YE lets you view the breakdown (composition) of establishments in your community, see which ones are growing and how this activity compares to other regions.
In mid-2013, the YE+ subscription service will be phased out and replaced by a new service that allows YE users to order custom regions with new quarterly data updates.
The new service will also include industry (NAICS) information -- along with the ability to update custom regions quarterly (yes current year data!) and acquire contact information for individual establishments.
Walls & Associates
YE derives its information from custom data sources at the Institute for Exceptional Growth (IEGC), which includes the NETS Database.
IEGC uses establishment-level data and unique metrics to analyze U.S. economic activity from 1990 through current time periods.