Business Starts Decline Slightly Nationwide During First Half of 1996.--(BUSINESS WIRE)-- Business Starts Increase in Retail, Services and Construction Sectors, According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Dun & Bradstreet Brad·street , Anne Dudley 1612-1672. English-born colonial poet who wrote several collections of verse, including The Tenth Muse Lately Sprung Up in America (1650). Nationwide Survey WILTON Wilton, town, United States Wilton, town (1990 pop. 15,989), Fairfield co., SW Conn.; settled c.1701, inc. 1802. It is a residential and agricultural town. Wilton, town, England Wilton, town (1991 pop. , Conn.--July 23, 1996--The numbers of new businesses and new jobs created by business starts were down slightly during the first half of 1996 in comparison with the year-ago period in most regions of the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , according to The Dun & Bradstreet Corporation. By the end of the second quarter, 84,952 new businesses were identified nationwide, about 2 percent fewer than were counted during the first half of 1995. However, associated job creation increased 8 percent to 406,572 during the period. "The slight overall decline in business starts is consistent with the slower pace of growth we have seen throughout 1996, but the numbers point to a few encouraging trends," commented Joseph W. Duncan Duncan, city (1990 pop. 21,732), seat of Stephens co., SW Okla., in an oil, farm, and cattle area; inc. 1892. There is an oil industry, and electronics, concrete, and apparel are manufactured. During the late 19th cent. , vice president and chief economist The Chief Economist is a single position job class having primary responsibility for the development, coordination, and production of economic and financial analysis. It is distinguished from the other economist positions by the broader scope of responsibility encompassing the of The Dun & Bradstreet Corporation. "Consumer activity in the retail and services sectors drove significantly faster growth in the second quarter than in the first three months of the year. Although the sustained employment growth associated with new businesses is also a positive sign, there is some risk that the tightening labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience will contribute to higher costs and inflation in the long term." Note to Editors Dun & Bradstreet has maintained its current statistical series on business starts since 1985. In this series, a new entry to D&B's commercial credit information database is also defined as a business start for the current year if it reports a birth date within the past 36 months. Entry to the D&B file generally coincides with the point at which a business begins to actively compete in the marketplace. Dun & Bradstreet's business starts series does not include changes in ownership of previously operating businesses or changes in the business name, location, legal type or mergers. All industries in the U.S. are represented in Dun & Bradstreet's coverage. New Business Starts Fall Among Manufacturing and Transportation/Utilities Sectors; Consumer and Construction Activities Remain Strong New business starts fell slightly in several key industry sectors. In the manufacturing sector, 6,289 business starts were identified during the period, down about 3 percent from last year. Starts in the transportation/public utilities sectors declined about 2 percent during first half of the year. Both the mining sector and the agriculture, forestry forestry, the management of forest lands for wood, water, wildlife, forage, and recreation. Because the major economic importance of the forest lies in wood and wood products, forestry has been chiefly concerned with timber management, especially reforestation, and fishing sector grew at a moderately slower pace than in 1995. Although starts and associated employment were sharply lower among nonclassifiable businesses, this sector is often characterized char·ac·ter·ize tr.v. character·ized, character·iz·ing, character·iz·es 1. To describe the qualities or peculiarities of: characterized the warden as ruthless. 2. by incomplete information, and is not reliably comparable. "Most of the industries that have played an important role in sustaining growth in the current period of expansion saw only slightly lower levels of new business creation, and there is evidence of strong continued activity in the services and retail trade sectors," noted Duncan. "Accelerated building activity in the spring and summer months has helped to drive faster growth in the construction industry as well." Business starts in the services sector increased 8 percent to 24,169, and associated employment increased 13 percent to 132,775 new jobs. In the retail sector, 19,202 new businesses were created in the first half of the year, an increase of 4 percent from last year. Business starts were 8 percent higher in the construction industry. The wholesale sector and the financial,insurance and real estate industries also registered slightly higher levels of new business starts. Business Starts are Slightly Lower Across Atlantic States and Central U.S.; Results Strongest in Pacific and Mountain States The Mountain States (also known as the Mountain West) form one of the nine geographic divisions of the United States that are officially recognized by the United States Census Bureau. First quarter business starts were lower across most of the United States. In the Atlantic States, starts fell 6 percent in New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. , driven by much weaker results in Vermont Vermont (vərmŏnt`) [Fr.,=green mountain], New England state of the NE United States. It is bordered by New Hampshire, across the Connecticut R. , Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. and Connecticut Connecticut, state, United StatesConnecticut (kənĕt`ĭkət), southernmost of the New England states of the NE United States. It is bordered by Massachusetts (N), Rhode Island (E), Long Island Sound (S), and New York (W). . Business starts in both the Middle and South Atlantic Regions fell 3 percent. "Employment growth was strong in every region of the Atlantic seaboard and most of the central United States The Central United States is sometimes conceived as between the Eastern United States and Western United States as part of a three-region model, roughly coincident with the Midwestern United States plus the western and central portions of the Southern United States; the term is , in spite of in opposition to all efforts of; in defiance or contempt of; notwithstanding. See also: Spite the lower numbers of business starts," noted Duncan. "Although fewer new businesses were identified, on average they created more new jobs per business." First-quarter business starts also declined throughout the central United States. In the East North Central Region, new business starts were down 4 percent compared with first half of 1995. The decline is principally attributable attributable emanating from or pertaining to attribute. attributable proportion see attributable risk (below). attributable risk to slower new business starts in Wisconsin Wisconsin, state, United States Wisconsin (wĭskŏn`sən, –sĭn), upper midwestern state of the United States. It is bounded by Lake Superior and the Upper Peninsula of Michigan, from which it is divided by the Menominee , Ohio and Indiana Indiana, state, United States Indiana, midwestern state in the N central United States. It is bordered by Lake Michigan and the state of Michigan (N), Ohio (E), Kentucky, across the Ohio R. (S), and Illinois (W). . In the West North Central region, 3 percent fewer business starts were counted during the period, primarily because of weak results in Kansas Kansas, state, United States Kansas (kăn`zəs), midwestern state occupying the center of the coterminous United States. It is bordered by Missouri (E), Oklahoma (S), Colorado (W), and Nebraska (N). and Missouri Missouri, state, United States Missouri (mĭz  r`ē, –ə), one of the midwestern states of the United States. . The East South Central States The East South Central States constitute one of the nine geographic divisions within the United States that are officially recognized by that country's census bureau.Four states comprise the division: Alabama, Kentucky, Mississippi, and Tennessee. registered 3,850 new business starts, which is approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. equal to those begun in the first half of 1995. Starts in the West South Central States The West South Central States form one of the nine geographic divisions within the United States that are officially recognized by the United States Census Bureau. Four states comprise the division: Arkansas, Louisiana, Oklahoma, and Texas. were down about 3 percent, and were impacted by moderately weaker results in Texas and Louisiana Louisiana (ləwē'zēăn`ə, l ē'–), state in the S central United States. It is bounded by Mississippi, with the Mississippi R. .
The Mountain and Pacific states The Pacific States form one of the nine geographic divisions within the United States that are officially recognized by that country's census bureau. There are five states in this division — Alaska, California, Hawaii, Oregon, Washington — and, as its name outperformed every other region of the United States, and were alone in showing higher numbers of new business starts during the six-month period. Business starts in the Mountain Region increased 4 percent compared with the first half of 1995, as sharply lower numbers of starts in New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). and Montana Montana (mŏntăn`ə), Rocky Mt. state in the NW United States. It is bounded by North Dakota and South Dakota (E), Wyoming (S), Idaho (W), and the Canadian provinces of British Columbia, Alberta, and Saskatchewan (N). were offset by improved results in Idaho Idaho (ī`dəhō), one of the Rocky Mt. states in the NW United States. It is bordered by Montana and Wyoming (E), Utah and Nevada (S), Oregon and Washington (W), and the Canadian province of British Columbia (N). and Utah. Starts in the Pacific Region rose 1 percent to 14,882. Steady year-to-year results in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). helped to stabilize stabilize See peg. the Pacific Region, in spite of declines in Alaska Alaska (əlă`skə), largest in area of the United States but third smallest (exceeding only Vermont and Wyoming) in population, occupying the northwest extremity of the North American continent, separated from the coterminous United States and Hawaii Hawaii, island, United States Hawaii, island (1990 pop. 120,217), 4,037 sq mi (10,456 sq km), largest and southernmost island of the state of Hawaii and coextensive with Hawaii co.; known as the Big Island. . Consumer activity was especially strong in California and other states in the Pacific region," commented Duncan. "The Mountain states reported a significant increase in the number of new construction businesses, and very strong services and retail sectors." The Dun & Bradstreet Corporation is the world's leading marketer of information, software and services for business decision making, with worldwide revenue of $5.4 billion in 1995. (See attached tabular tab·u·lar adj. 1. Having a plane surface; flat. 2. Organized as a table or list. 3. Calculated by means of a table. tabular resembling a table. data) -0- THE DUN & BRADSTREET CORPORATION - ECONOMIC ANALYSIS DEPARTMENT BUSINESS STARTS INDUSTRY ANALYSIS, JUNE 1996 YEAR TO DATE
Starts Starts
Last This
Industry Year Year Change
---------------------------- ------ ------ ------
Agriculture/forestry/fishing 1,196 1,144 -4.3%
Mining 304 293 -3.6%
Construction 8,810 9,483 7.6%
Manufacturing 6,474 6,289 -2.9%
Trans/util 3,738 3,679 -1.6%
Wholesale 7,935 8,021 1.1%
Retail 18,493 19,202 3.8%
Finance/insurance/real estate 5,297 5,439 2.7%
Services 22,305 24,169 8.4%
Nonclassifiable 12,238 7,233 -40.9%
====== ====== =====
86,790 84,952 -2.1%
Employment Emplyment
Last This
Industry Year Year Change
---------------------------- ------ ------ ------
Agriculture/forestry/fishing 3,219 3,369 4.7%
Mining 1,517 2,401 58.3%
Construction 26,502 31,856 20.2%
Manufacturing 57,861 52,497 -9.3%
Transportation/public utilities 22,906 22,951 0.2%
Wholesale trade 31,866 33,105 3.9%
Retail trade 87,553 96,862 10.6%
Finance/insurance/real estate 26,046 29,629 13.8%
Services 117,313 132,775 13.2%
Nonclassifiable establishments 1,709 1,127 -34.1%
====== ====== =====
376,492 406,572 8.0%
NOTE: This compilation covers all businesses with a 1994, 1995, or 1996 starting date added to the Dun & Bradstreet business data file in June 1996. It includes newly opened establishments. It does not include changes in ownership of previously operating businesses or changes in name, location, legal type or mergers. Last year's figures are official, this year's are preliminary. -0- THE DUN & BRADSTREET CORPORATION -- ECONOMIC ANALYSIS DEPARTMENT BUSINESS STARTS REGIONAL ANALYSIS, JUNE 1996 YEAR TO DATE
Starts Starts
Last This
Year Year Change
NEW ENGLAND 4,769 4,478 -6.1% Maine 369 359 -2.7% New Hampshire 421 446 5.9% Vermont 164 132 -19.5% Massachusetts 2,283 2,099 -8.1% Connecticut 1,251 1,130 -9.7% Rhode Island 281 312 11.0% MIDDLE ATLANTIC 15,786 15,267 -3.3% New York 8,327 7,665 -8.0% New Jersey 3,818 4,023 5.4% Pennsylvania 3,641 3,579 -1.7% EAST NORTH CENTRAL 12,316 11,827 -4.0% Ohio 2,855 2,744 -4.0% Indiana 1,407 1,471 4.5% Illinois 3,804 3,465 -8.9% Michigan 2,794 2,849 2.0% Wisconsin 1,453 1,298 -10.7% WEST NORTH CENTRAL 4,494 4,355 -3.1% Minnesota 1,157 1,194 3.2% Iowa 630 607 -3.7% Missouri 1,450 1,305 -10.0% North Dakota 114 107 -6.1% South Dakota 121 158 30.6% Nebraska 327 368 12.5% Kansas 695 616 -11.4% SOUTH ATLANTIC 16,425 16,007 -2.5% Maryland 1,586 1,617 2.0% Delaware 261 264 1.1% District of Col. 340 270 -20.6% Virginia 1,830 1,759 -3.9% West Virginia 291 301 3.4% North Carolina 2,080 2,041 -1.9% South Carolina 1,006 934 -7.2% Georgia 2,833 2,759 -2.6% Florida 6,198 6,062 -2.2% EAST SOUTH CENTRAL 3,863 3,848 -0.4% Kentucky 823 759 -7.8% Tennessee 1,374 1,532 11.5% Alabama 1,135 1,024 -9.8% Mississippi 531 533 0.4% WEST SOUTH CENTRAL 8,563 8,275 -3.4% Arkansas 579 587 1.4% Oklahoma 744 745 0.1% Louisiana 980 939 -4.2% Texas 6,260 6,004 -4.1% MOUNTAIN 5,782 6,013 4.0% Montana 264 215 -18.6% Idaho 366 405 10.7% Wyoming 152 148 -2.6% Colorado 1,576 1,641 4.1% New Mexico 516 456 -11.6% Arizona 1,568 1,665 6.2% Utah 598 728 21.7% Nevada 742 755 1.8% PACIFIC 14,792 14,882 0.6% Alaska 145 113 -22.1% Hawaii 381 290 -23.9% Washington 1,485 1,558 4.9% Oregon 975 1,017 4.3% California 11,806 11,904 0.8%
86,790 84,952 -2.1%
Employment Employment
Last Year This Year Change
NEW ENGLAND 19,861 22,024 10.9% Maine 1,254 1,502 19.8% New Hampshire 1,813 2,049 13.0% Vermont 635 849 33.7% Massachusetts 10,082 10,344 2.6% Connecticut 4,971 5,851 17.7% Rhode Island 1,106 1,429 29.2% MIDDLE ATLANTIC 55,007 62,533 13.7% New York 26,035 32,211 23.7% New Jersey 13,111 15,115 15.3% Pennsylvania 15,861 15,207 -4.1% EAST NORTH CENTRAL 53,426 55,488 3.9% Ohio 12,948 14,518 12.1% Indiana 6,346 7,193 13.3% Illinois 16,841 15,531 -7.8% Michigan 10,946 11,224 2.5% Wisconsin 6,345 7,022 10.7% WEST NORTH CENTRAL 23,799 22,253 -6.5% Minnesota 5,957 5,687 -4.5% Iowa 3,371 3,519 4.4% Missouri 7,950 6,590 -17.1% North Dakota 681 541 -20.6% South Dakota 591 1,125 90.4% Nebraska 1,461 1,778 21.7% Kansas 3,788 3,013 -20.5% SOUTH ATLANTIC 74,903 80,196 7.1% Maryland 6,862 7,453 8.6% Delaware 1,347 1,344 -0.2% District of Col. 1,664 1,304 -21.6% Virginia 9,298 9,345 0.5% West Virginia 914 1,493 63.3% North Carolina 8,563 9,445 10.3% South Carolina 5,288 4,844 -8.4% Georgia 13,617 14,459 6.2% Florida 27,350 30,509 11.6% EAST SOUTH CENTRAL 20,654 20,743 0.4% Kentucky 4,372 4,256 -2.7% Tennessee 7,615 8,473 11.3% Alabama 6,166 5,312 -13.9% Mississippi 2,501 2,702 8.0% WEST SOUTH CENTRAL 43,769 45,694 4.4% Arkansas 3,046 2,536 -16.7% Oklahoma 3,964 4,036 1.8% Louisiana 5,474 5,088 -7.1% Texas 31,285 34,034 8.8% MOUNTAIN 23,698 28,454 20.1% Montana 665 904 35.9% Idaho 1,712 1,705 -0.4% Wyoming 530 640 20.8% Colorado 6,269 8,381 33.7% New Mexico 1,976 2,089 5.7% Arizona 6,443 7,712 19.7% Utah 2,860 3,807 33.1% Nevada 3,243 3,216 -0.8% PACIFIC 61,375 69,187 12.7% Alaska 470 633 34.7% Hawaii 1,579 1,740 10.2% Washington 6,167 7,610 23.4% Oregon 4,608 4,595 -0.3% California 48,551 54,609 12.5%
376,492 406,572 8.0%
NOTE: This compilation covers all businesses with a 1994, 1995 or 1996 starting date added to the Dun & Bradstreet business data file in June 1996. It includes newly opened establishments. It does not include changes in ownership of previously operating businesses or changes in name, location, legal type or mergers. Last year's figures are official, this year's are preliminary. (c) Copyright 1996 The Dun & Bradstreet Corportion Wilton, CT.
-0-
THE DUN & BRADSTREET CORPORATION - ECONOMIC ANALYSIS DEPARTMENT
BUSINESS STARTS REGIONAL ANALYSIS, JUNE 1996 YEAR TO DATE
Starts Starts
Last This Employment Employment
Year Year Change Last Year This Year Change
NEW ENGLAND 4,769 4,478 -6.1% 19,681 22,024 10.9%
Agr/For/Fish 50 63 26.0% 51 195 282.4% Mining 1 1 0.0% 5 0 -100.0% Construction 364 404 11.0% 1,049 1,233 17.5% Manufacturing 397 384 -3.3% 3,568 2,991 -16.2% Trans/Util 150 182 21.3% 903 867 -4.0% Wholesale 335 352 5.1% 1,346 1,811 34.5% Retail 992 1,054 6.3% 4,308 5,796 34.5% Fin/Ins/R. Est 289 276 -4.5% 1,436 1,926 34.1% Services 1,287 1,268 -1.5% 6,980 7,171 2.7% Nonclassifiable 904 494 -45.4% 215 34 -84.2% MID ATLANTIC 15,786 15,267 -3.3% 55,007 62,533 13.7% Agr/For/Fish 131 147 12.2% 251 306 21.9% Mining 13 11 -15.4% 42 54 28.6% Construction 1,493 1,605 7.5% 3,352 4,401 31.3% Manufacturing 963 992 3.0% 8,310 9,127 9.8% Trans/Util 625 681 9.0% 3,275 3,979 21.5% Wholesale 1,448 1,336 -7.7% 5,729 5,830 1.8% Retail 3,231 3,625 12.2% 12,741 15,826 24.2% Fin/Ins/R. Est 963 981 1.9% 4,225 4,544 7.6% Services 3,574 4,114 15.1% 17,078 18,376 7.6% Nonclassifiable 3,345 1,775 -46.9% 4 90 2,150.0% E. N. CENTRAL 12,316 11,827 -4.0% 53,426 55,488 3.9% Agr/For/Fish 196 189 -3.6% 342 383 12.0% Mining 17 4 -76.5% 118 7 -94.1% Construction 1,531 1,589 3.8% 4,029 4,689 16.4% Manufacturing 1,002 1,038 3.6% 9,062 9,703 7.1% Trans/Util 555 515 -7.2% 3,043 3,255 7.0% Wholesale 972 966 -0.6% 3,517 4,104 16.7% Retail 2,509 2,485 -1.0% 13,531 13,757 1.7% Fin/Ins/R. Est 698 720 3.2% 3,825 3,623 -5.3% Services 3,113 3,275 5.2% 15,462 15,483 0.1% Nonclassifiable 1,723 1,046 -39.3% 497 484 -2.6% W. N. CENTRAL 4,494 4,355 -3.1% 23,799 22,253 -6.5% Agr/For/Fish 109 104 -4.6% 181 329 81.8% Mining 10 11 10.0% 27 24 11.1% Construction 553 521 -5.8% 1,693 1,834 8.3% Manufacturing 394 374 -5.1% 4,369 2,843 -34.9% Trans/Util 231 215 -6.9% 1,083 957 -11.6% Wholesale 364 395 8.5% 1,501 1,643 9.5% Retail 1,061 1,039 -2.1% 6,088 5,696 -6.4% Fin/Ins/R. Est 241 257 6.6% 1,635 2,399 -46.7% Services 1,210 1,142 -5.6% 7,035 6,370 -9.5% Nonclassifiable 321 297 -7.5% 187 158 -15.5% S. ATLANTIC 16,425 16,007 -2.5% 74,903 80,196 7.1% Agr/For/Fish 216 182 -15.7% 596 482 -19.1% Mining 31 24 -22.6% 173 241 39.3% Construction 1,805 1,979 9.6% 6,293 7,183 14.1% Manufacturing 1,128 1,038 -8.0% 10,651 7,606 -28.6% Trans/Util 818 728 -11.0% 4,706 4,896 4.0% Wholesale 1,656 1,695 2.4% 5,856 6,156 5.1% Retail 3,738 3,682 -1.5% 17,413 18,796 7.9% Fin/Ins/R. Est 1,077 1,080 0.3% 5,716 5,362 -6.2% Services 4,480 4,681 4.5% 23,239 29,375 26.4% Nonclassifiable 1,476 918 -37.8% 260 99 -61.9% -0-
THE DUN & BRADSTREET CORPORATION - ECONOMIC ANALYSIS DEPARTMENT
BUSINESS STARTS REGIONAL ANALYSIS, JUNE 1996 YEAR TO DATE
Starts Starts
Last This Employment Employment
Year Year Change Last Year This Year Change
E. S. CENTRAL 3,863 3,848 -0.4% 20,654 20,743 0.4%
Agr/For/Fish 79 81 2.5% 182 246 35.2% Mining 27 16 -40.7% 114 216 89.5% Construction 518 516 -0.4% 1,815 1,860 2.5% Manufacturing 345 285 -17.4% 3,683 2,736 -25.7% Trans/Util 185 156 15.7% 1,410 1,453 3.0% Wholesale 333 339 1.8% 1,426 1,483 4.0% Retail 1,021 997 -2.4% 5,307 4,862 -8.4% Fin/Ins/R. Est 209 186 -11.0% 966 929 -3.8% Services 902 1,075 19.2% 5,612 6,867 22.4% Nonclassifiable 244 197 -19.3% 139 91 -34.5% W. S. CENTRAL 8,563 8,275 -3.4% 43,769 45,694 4.4% Agr/For/Fish 145 113 -22.1% 468 404 -13.7% Mining 163 165 1.2% 895 1,407 57.2% Construction 830 932 12.3% 3,196 4,331 35.5% Manufacturing 574 520 -9.4% 5,797 4,820 -16.9% Trans/Util 475 444 -6.5% 3,454 3,078 -10.9% Wholesale 793 762 -3.9% 3,666 3,105 -15.3% Retail 1,894 1,864 -1.6% 9,972 10,109 1.4% Fin/Ins/R. Est 522 533 2.1% 2,463 3,214 30.5% Services 2,385 2,350 -1.5% 13,593 15,192 11.8% Nonclassifiable 782 592 -24.3% 265 34 -87.2% MOUNTAIN 5,782 6,013 4.0% 23,698 28,454 20.1% Agr/For/Fish 83 83 0.0% 261 443 69.7% Mining 29 46 58.6% 89 381 381.1% Construction 640 745 16.4% 2,032 2,656 30.7% Manufacturing 466 444 -4.7% 3,585 3,061 -14.6% Trans/Util 203 215 5.9% 1,409 1,055 -25.1% Wholesale 500 498 -0.4% 2,600 2,317 -10.9% Retail 1,218 1,356 11.3% 5,505 6,856 24.5% Fin/Ins/R. Est 443 436 -1.6% 1,821 2,328 27.8% Services 1,357 1,636 20.6% 6,350 9,311 46.6% Nonclassifiable 843 554 -34.3% 46 46 0.0% PACIFIC 14,792 14,882 0.6% 61,375 69,187 12.7% Agr/For/Fish 187 182 -2.7% 887 581 -34.5% Mining 13 15 15.4% 54 71 31.5% Construction 1,076 1,192 10.8% 3,043 3,669 20.6% Manufacturing 1,205 1,214 0.7% 8,836 9,610 8.8% Trans/Util 496 543 9.5% 3,623 3,411 -5.9% Wholesale 1,534 1,678 9.4% 6,225 6,656 6.9% Retail 2,829 3,100 9.6% 12,688 15,164 19.5% Fin/Ins/R. Est 855 970 13.5% 3,959 5,304 34.0% Services 3,997 4,628 15.8% 21,964 24,630 12.1% Nonclassifiable 2,600 1,360 -47.7% 96 91 -5.2% TOTAL U.S. 86,790 84,952 -2.1% 376,492 406,572 8.0% NOTE: This compilation covers all businesses with a 1994, 1995 or 1996 starting date added to the Dun & Bradstreet business data file in June 1996. It includes newly opened establishments. It does not include changes in ownership of previously operating businesses or changes in name, location, legal type or mergers. Last year's figures are official, this year's are preliminary. (c) Copyright 1996 The Dun & Bradstreet Corporation, Wilton, Conn. -0- THE DUN & BRADSTREET CORPORATION - ECONOMIC ANALYSIS DEPARTMENT
U.S. BUSINESS STARTS IN 25 LARGEST CITIES
JUNE 1995 JUNE 1996
Number Employment Number Employment
NEW YORK, NY 403 1,896 303 1,671 CHICAGO, IL 162 551 145 921 LOS ANGELES, CA 203 706 169 694 PHILADELPHIA, PA 51 377 63 349 HOUSTON, TX 217 1,125 225 1,046 DETROIT, MI 42 80 38 152 DALLAS, TX 154 986 96 761 SAN DIEGO, CA 90 552 75 449 PHOENIX, AZ 81 366 86 369 BALTIMORE, MD 53 187 46 195 SAN ANTONIO, TX 54 135 71 476 INDIANAPOLIS, IN 62 217 57 281 SAN FRANCISCO, CA 86 340 93 547 MEMPHIS,TN 30 217 37 104 WASHINGTON, DC 66 176 40 354 MILWAUKEE, WI 31 283 32 387 SAN JOSE, CA 47 175 37 130 CLEVELAND, OH 71 313 66 525 COLUMBUS, OH 39 139 50 260 BOSTON, MA 55 181 33 219 NEW ORLEANS, LA 24 134 22 171 JACKSONVILLE, FL 43 142 48 271 SEATTLE, WA 49 449 50 128 DENVER, CO 55 220 66 696 NASHVILLE, TN 34 191 32 115 TOTAL 25 CITIES 2,202 10,138 1,980 11,271 BALANCE OF COUNTRY 12,833 56,501 11,761 59,638 TOTAL UNITED STATES 15,035 66,639 13,741 70,909 NOTE: This compilation covers all businesses with a 1994, 1995 or 1996 starting date added to the Dun & Bradstreet business data file in June 1996. It includes newly opened establishments. It does not include changes in ownership of previously operating businesses or changes in name, location, legal type or mergers. Last year's figures are official, this year's are preliminary. (c) Copyright 1996 The Dun & Bradstreet Corporation, Wilton CT. CONTACT: Joseph W. Duncan Dun & Bradstreet (203) 834-4710 |
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