Table 5
Correlation between firm entry and exit, by industry

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Correlation between firm entry and exit, by industry

Table summary
This table displays the results of correlation between firm entry and exit. The information is grouped by industry appearing as row headers, number and employment, calculated using correlation coefficient units of measure appearing as column headers.
Industry Number Employment
  correlation coefficient
Agriculture -0.39 0.29
Mining -0.52 0.18
Utility 0.05 0.91
Construction -0.46 0.40
Manufacturing, durable 0.32 0.54
Manufacturing, non-durable 0.69 0.46
Wholesale trade 0.34 0.63
Retail trade -0.42 0.18
Transportation and warehousing -0.28 0.19
Information adn cultural 0.31 0.75
Financial, insurance and real estate -0.45 0.71
Professional services 0.11 0.67
Administrative services -0.18 0.79
Education -0.57 0.44
Health 0.28 -0.09
Food and accommodation -0.49 0.69
Arts and entertainment -0.22 0.37
Personal services -0.19 -0.07
     
Source(s):
Statistics Canada, authors' compilation based on Longitudinal Employment Analysis Program data.
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