Jennifer Grasz

CHICAGO ￢ﾀﾓ January 30, 2014 ￢ﾀﾓ CareerBuilder and Economic Modeling Specialists Intl. (EMSI) released a new study that provides a window into the health of the business landscape in the U.S. The study explores net growth in private-sector business establishments from 2001 to 2012, ranking the best and worst states for new establishments post-recession and shedding light on national trends.

The analysis was based on data from the Bureau of Labor Statistics￢ﾀﾙ Quarterly Census of Employment and Wages, which has been updated through 2012. A business establishment1 is defined as a single physical location that produces some form of economic activity. One company can have multiple establishments (e.g., each coffee shop in a large metro area is considered a single establishment even if it￢ﾀﾙs part of a chain of coffee shops).

The U.S. produced between 115,000 to 210,000 net new private-sector establishments each year from 2001 to 2007. In subsequent years, http://www.careerbuilder.com/share/aboutus/pressreleasesdetail.aspx?id=pr801&sd=1/30/2014&ed=01/30/2014