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 2020, compared to 24% in the state and 33% in the nation. The largest percentage gains in the region were in the Educational Services (83%), Government (54%), Professional and Business Services (34%), and Health Care and Social Assistance (16%) sectors. The largest contractions between 2000 and 2020 were in Manufacturing (-11%) and Trade, Transportation and Utilities (-9%).

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, 2020
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYS19%71%9%114%30%15%40%-31%27%15%40%24%-6%
NYS (excluding NYC)11%32%3%58%20%-2%18%-22%28%4%38%17%-10%
Region3%83%2%54%16%-1%13%-11%23%9%34%11%-9%
Monroe-1%106%3%50%16%-9%16%-17%19%7%33%11%-9%
Surrounding Counties10%53%-0%55%15%19%7%-1%24%13%38%11%-8%
Rochester MSA7%6%0%16%-10%32%11%36%15%-8%
Genesee5%133%-15%50%-13%-13%4%-16%7%9%18%1%-8%
Livingston4%31%-11%78%21%47%10%10%47%31%24%12%-9%
Ontario5%67%14%70%42%38%14%4%-5%19%52%19%-3%
Orleans6%17%3%31%-13%-16%-17%24%-19%50%1%-21%
Seneca-8%-19%-18%64%20%-22%12%46%92%15%13%13%3%
Wayne34%55%7%41%4%24%11%-17%23%12%33%14%-7%
Wyoming-2%225%-12%48%3%7%1%-9%28%12%36%4%-11%
Yates13%57%5%52%0%2%59%65%8%75%15%-19%

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




Number of Businesses by Sector, 2020
ConstructionEducational ServicesFinancial ActivitiesGovernmentHealth Care and Social AssistanceInformationLeisure and HospitalityManufacturingNatural Resources and MiningOther ServicesProfessional and Business ServicesTotalTrade, Transportation, and Utilities
NYS50,93114,64164,2827,58759,04814,58365,08916,2923,33570,951117,541651,911121,059
NYS (excluding NYC)35,5578,21230,1865,28334,4856,27234,67612,3793,28535,62370,038371,75069,734
Region2,7526962,4355682,6694533,0791,5256242,9685,13130,1265,965
Monroe1,5554441,7711531,8402881,873883761,9183,75718,8703,526
Surrounding Counties1,1972526644158291651,2066425481,0501,37411,2562,439
Rochester MSA2,4532,2514082,7341,3414422,6724,79427,0125,063
Genesee1602885571191415181761391551,446349
Livingston1463478641372817165691531491,433297
Ontario313702217327558381173632904883,210708
Orleans8221404276638676675769156
Seneca541336467179354236076766209
Wayne2786211952162261851311291822712,078401
Wyoming8513464965159249839690901202
Yates79113932106751386470653117

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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