Economy

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Source: Bureau of Labor Statistics

What does this measure?

The change in the number of business establishments by sector, shown as a percentage gain or loss.

Why is this important?

This indicator reveals which industries are adding establishments and which are experiencing stagnation, contraction or consolidation.

How is our region performing?

The total number of businesses in the region increased 11% from 2000 to 2021, compared to 25% in the state and 38% in the nation. The largest percentage gains in the region were in the Educational Services (80%), Government (54%), Professional and Business Services (31%), and Natural Resources and Mining (27%) sectors. The largest contractions between 2000 and 2021 were in Manufacturing (-11%) and Trade, Transportation and Utilities (-10%).

Notes about the data

This is a measure of business establishments, not the number of separate firms. A single business may have multiple locations. This indicator includes both new firms and additional locations of current business firms. Data for this indicator are expected to be released in the third quarter.

Change in Number of Businesses by Sector, 2021
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYS20%68%8%115%28%16%39%-32%29%11%38%25%-9%
NYS (excluding NYC)12%29%3%58%18%1%18%-22%30%3%36%21%-12%
Region3%80%1%54%14%2%10%-11%27%6%31%11%-10%
Monroe-0%101%2%53%14%-5%13%-18%19%5%29%10%-11%
Surrounding Counties8%52%-2%55%15%19%5%0%28%10%36%11%-9%
Rochester MSA7%4%4%14%-10%35%9%32%14%-10%
Genesee-1%125%-15%53%-13%-13%1%-16%13%9%19%1%-8%
Livingston6%31%-13%75%22%58%6%10%49%26%27%12%-13%
Ontario2%64%13%70%44%38%12%8%5%15%47%19%-5%
Orleans4%17%-10%28%0%-11%-17%20%-17%66%2%-22%
Seneca-10%-13%-20%68%8%-22%10%49%108%13%16%12%0%
Wayne34%53%4%41%4%24%5%-17%27%7%29%13%-8%
Wyoming-1%250%-15%48%3%0%0%-13%29%10%30%5%-12%
Yates11%57%8%52%-10%0%63%74%-2%80%15%-23%

Source: Bureau of Labor Statistics
Notes: N/A - Data not disclosed or not reported.




Number of Businesses by Sector, 2021
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYS51,25614,41263,1567,64358,14114,77664,54616,1183,37668,406115,730661,848117,064
NYS (excluding NYC)35,8128,06329,9415,30733,9906,48234,65312,3193,33035,29169,139385,58567,913
Region2,7416862,4075712,6384663,0071,5196422,9034,99029,9835,842
Monroe1,5624351,7561561,8133001,827871761,8823,62818,7453,447
Surrounding Counties1,1792516514158251661,1806485661,0211,36211,2382,395
Rochester MSA2,4502,2274212,6711,3354522,6064,65526,8684,948
Genesee1512785581191414681801401561,448349
Livingston1493477631383016565701481521,431287
Ontario304692207327758375179692804743,198692
Orleans8021354187038656783783154
Seneca531435476479155255978760204
Wayne2786111552162261761311331742612,056397
Wyoming8614444965149147849586905200
Yates7811403296652405872657112

Source: Bureau of Labor Statistics
Notes: N/A - Data not disclosed or not reported.




Change in Number of Businesses by Sector, 2000
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYSN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
NYS (excluding NYC)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
RegionN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
MonroeN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Surrounding CountiesN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Rochester MSAN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
GeneseeN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
LivingstonN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
OntarioN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
OrleansN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
SenecaN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
WayneN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
WyomingN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
YatesN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A

Source: Bureau of Labor Statistics
Notes: N/A - Data not disclosed or not reported.




Number of Businesses by Sector, 2000
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYS42,7028,57858,7263,55345,55012,69646,57523,7742,62561,72183,864527,558129,122
NYS (excluding NYC)31,9056,23029,2053,35028,8326,39929,36915,8722,57134,40050,690318,15177,231
Region2,6593812,3813702,3054562,7361,7105072,7263,81927,1096,524
Monroe1,5672161,7161021,5853171,6141,062641,7972,82017,0073,885
Surrounding Counties1,0921656652687201391,12264844392999910,1022,639
Rochester MSA2,2892,1324062,3501,4893362,4003,51423,5675,492
Genesee15212100381361614597711281311,431379
Livingston1412688361131915659471171201,276328
Ontario299421944319342335166662443222,698730
Orleans7718393287946548150764197
Seneca591644285998337125267676203
Wayne2074011137156211671571051622031,823430
Wyoming874523363149154658666865227
Yates7073721106632235940569145

Source: Bureau of Labor Statistics
Notes: N/A - Data not disclosed or not reported.







Worse than NYS by 10% or more
Up to 10% worse than NYS
Equal to or better than NYS


INDICATORS - Grouped by Topic REGIONAL VALUE YEAR NYS COMPARISON TREND | REGION
*No or multiple regional values for this indicator


Worse than NYS by 10% or more
Up to 10% worse than NYS
Equal to or better than NYS





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