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Table 6 Growth comparison of shutting down and continuing firms

From: Industry shutdown rates and permanent layoffs: evidence from firm-worker matched data

  Shutting down in t   Continuing in t
  Mean Median   Mean Median
  t/t−1 t−1/t−2 t−2/t−3 t/t−1 t−1/t−2 t−2/t−3   t/t−1 t−1/t−2 t−2/t−3 t/t−1 t−1/t−2 t−2/t−3
Crops and animal prod. −6.4 23.2 23.5 −22.3 −4.7 −3.0   11.0 12.2 33.4 −2.2 −2.3 −1.0
Forestry, fishing, etc. −1.7 34.3 42.5 −37.7 −7.9 −3.8   12.3 13.7 29.3 −3.7 −3.3 −2.0
Oil and gas 8.9 39.6 126.5 −30.2 −2.1 4.3   25.4 33.3 63.8 −0.8 0.6 2.6
Mining (except oil and gas) −21.0 17.3 55.0 −54.1 −4.8 −3.2   20.2 20.1 39.1 1.6 1.4 2.8
Support for mining −13.6 59.2 156.1 −41.0 −5.3 3.4   32.4 32.6 68.3 −0.6 1.9 7.3
Utilities −23.0 40.1 41.5 −33.7 −1.8 5.8   28.3 28.7 76.9 1.2 1.7 3.6
Construction −1.9 46.5 94.2 −40.4 −4.4 3.5   26.6 26.2 131.7 1.7 2.9 5.3
Food, beverage, etc. 31.5 5.2 40.8 −47.6 −7.3 0.1   11.3 12.9 31.5 0.4 0.2 2.9
Textile, etc. −35.4 170.4 34.2 −48.5 −11.7 −3.9   24.9 12.6 25.9 −4.1 −2.2 −0.2
Clothing, etc. −33.5 4.4 44.3 −55.0 −13.2 −5.3   6.4 11.2 22.7 −5.8 −3.6 −2.4
Wood 309.6 24.0 175.0 −50.0 −9.2 −2.1   6.2 10.7 30.7 −1.5 0.9 3.1
Paper −44.2 −0.4 23.2 −51.0 −8.9 1.8   3.3 3.3 28.9 −2.8 −1.3 2.8
Printing, etc. −9.8 28.2 60.5 −45.7 −8.1 −4.3   10.4 12.9 23.6 −4.1 −1.7 −0.9
Petroleum and coal −7.0 11.1 33.4 −44.5 4.3 5.8   13.0 12.9 20.4 2.5 1.8 2.1
Chemical prod. −37.2 9.2 40.3 −48.6 −4.0 −2.8   6.7 12.1 29.9 −1.0 0.2 0.6
Plastic and rubber −31.9 0.6 70.6 −51.6 −6.8 −0.3   31.1 8.3 28.8 −0.6 1.0 3.1
Non-metallic −31.3 31.9 40.1 −45.4 −9.9 −4.6   18.7 19.6 26.8 0.8 1.5 3.1
Primary metals −43.1 −1.2 70.8 −47.2 −9.6 1.6   10.2 12.0 29.3 −0.8 2.0 2.8
Fabricated metal −24.6 1.2 38.8 −47.1 −7.4 −1.0   11.8 17.7 34.2 0.7 1.7 2.0
Machinery −17.9 6.0 62.7 −49.6 −9.7 −3.5   12.8 15.0 33.6 −0.9 0.6 2.6
Computers, etc. −30.8 −3.0 30.3 −47.3 −10.1 −6.1   9.1 14.5 60.8 0.1 −0.2 0.7
Electrical equipment, etc. −31.5 4.3 23.7 −41.6 −7.6 2.9   658.5 659.1 675.7 2.4 1.9 4.0
Vehicles −33.0 10.5 93.2 −47.9 −6.7 −1.9   7.6 11.6 143.0 −1.9 0.4 1.1
Furniture −26.9 7.6 45.8 −48.8 −6.9 −1.3   9.6 12.9 32.7 −0.5 1.3 2.3
Miscelleneous manufacturing −31.3 −7.5 52.2 −45.3 −6.9 −2.2   8.4 12.0 33.3 −0.1 1.1 1.8
Wholesale −26.0 305.2 547.3 −44.1 −7.1 −1.9   34.3 17.0 31.4 −0.8 0.3 1.5
Retail −7.6 7.6 49.9 −45.4 −4.4 0.4   54.6 57.2 89.3 0.6 1.4 2.7
Air transport, etc. −19.9 20.8 54.0 −40.9 −5.9 0.9   22.8 24.2 49.9 1.2 2.5 3.9
Truck −18.6 25.5 56.4 −42.6 −4.8 0.2   36.6 64.5 42.7 −0.1 0.4 2.1
Transit −0.9 44.1 56.8 −37.3 −4.5 −1.1   21.3 25.1 44.3 0.6 −0.1 1.5
Pipeline −38.8 21.3 29.2 −53.2 −13.0 −17.2   35.8 56.9 93.2 −1.3 1.5 5.9
Warehousing −17.1 38.2 45.8 −38.1 −4.0 6.5   16.3 21.4 60.6 −2.7 2.6 7.2
Information, etc. −25.6 10.0 55.1 −40.9 −7.8 0.6   17.1 14.4 49.1 −0.1 −1.0 2.6
Motion pics −5.2 28.5 241.4 −35.1 −6.8 −3.9   28.6 44.3 48.9 0.0 −1.6 −1.8
Broadcasting −24.9 31.2 176.5 −43.5 −3.0 4.1   19.4 27.8 62.8 0.1 2.9 4.4
Finance, etc. 123.2 25.1 52.9 −29.2 −4.2 −1.0   17.6 19.2 36.5 0.3 0.0 1.0
Professional, etc. −12.9 105.1 55.8 −38.0 −5.1 0.1   122.8 121.5 130.7 −0.5 0.4 2.6
Admin, etc. 179.2 82.9 85.7 −37.7 −4.3 0.2   38.5 51.9 142.1 1.0 1.7 3.0
Waste management −12.4 21.1 37.6 −45.6 −4.4 0.3   15.3 18.8 38.0 1.8 3.6 5.4
Arts, etc. −17.5 17.4 68.8 −33.7 −5.0 −0.1   15.0 16.8 53.2 0.2 0.7 2.4
Accommodations, etc. −24.6 10.3 64.9 −44.5 −6.3 −1.0   10.9 12.3 46.6 −0.9 −0.5 1.4
Other services −27.4 10.2 65.7 −40.9 −3.7 0.7   8.4 10.3 41.9 −1.2 −1.0 0.5
All 58.6 52.8 84.8 −39.8 −4.8 −0.3   35.2 35.9 72.9 −0.5 0.1 1.7
  1. Note: This table provides a comparison between shutting down firms in year t with continuing firms. For these two groups of firms, the table provides the median and average employment growth in 3 years prior to firm shutdown in the former group