The Business Dynamics Statistics of U.S. High Tech Industries (BDS-HT) is an experimental data product extending the set of statistics published by the Business Dynamics Statistics program. BDS-HT is a component of a broader set of approaches aimed at better measuring the business dynamics of innovative firms (BDS-IF), described in greater detail in Goldschlag & Perlman (2017). BDS-HT provides annual measures of business dynamics for High Tech and non-High Tech industries, defined by Science, Technology, Engineering, and Math (STEM) occupation intensity. Additional details on the industry classification can be found on the Methodology page.

BDS-HT data tables show key economic data including the number of establishments, firms, and employment, job creation and destruction, establishment openings and closings, and number of startups and firm shutdowns for the High Tech sector. The BDS-HT series provides annual statistics for 1978 to 2021 for the High Tech sector by firm size and firm age, initial firm size, establishment size and establishment age, initial establishment size, state, metro/non-metro, and MSA.

References

Chow, Melissa & Goldschlag, Nathan. (2023). Where in the United States Are the High-Tech Jobs? America Counts: Stories.

Goldschlag, Nathan, & Miranda, Javier. (2020). Business Dynamics Statistics of High Tech Industries. Journal of Economics & Management Strategy, 29(1), 3-30.

Goldschlag, Nathan & Perlman, Elisabeth. (2017). Business Dynamic Statistics of Innovative Firms. CES Discussion Paper Series, CES-WP-17-72, Center for Economic Studies, U.S. Census Bureau.

Questions?  Contact us at ces.bds@census.gov.