While job growth in a region is crucially important, the dynamic of business creation and business closure can reveal a lot about a region’s economy. Does churning lead to “creative destruction” and a more efficient economy in the long-run or might it have negative consequences, especially in certain neighborhoods? This report analyzes business churning at the neighborhood level across Southern California with an eye toward socio-demographic characteristics and local measures of well-being. Download the full report here.
Read the report on Understanding Business Churning Dynamics and their Spatial Variation
July 1, 2016 by