© Copyright 2001 by the Wyoming Department of Employment, Research & Planning

Table 3: Survival Rates of New Businesses in Wyoming by Number of Years in Business and Industry  

Major Industry One Year Two Years Three Years Four Years Five Years Six Years
Agriculture 71.9% 62.2% 52.6% 50.3% 44.9% 42.7%
Mining 70.2% 55.2% 46.4% 35.3% 28.8% 20.8%
Construction 53.3% 40.4% 31.3% 25.7% 22.2% 20.0%
Manufacturing 69.2% 56.2% 45.7% 41.7% 33.7% 15.6%
TCPU* 70.8% 57.0% 45.7% 42.1% 32.3% 29.7%
Wholesale Trade 69.7% 52.3% 43.1% 41.0% 38.8% 33.3%
Retail Trade 71.0% 54.1% 43.9% 35.5% 30.9% 26.8%
FIRE** 74.0% 60.8% 51.6% 47.3% 46.8% 44.5%
Services 68.2% 54.1% 45.5% 39.3% 34.2% 30.6%
Public Admin. 94.4% 100.0% 96.7% 85.2% 83.3% 87.5%
Total 66.6% 52.4% 43.0% 37.1% 32.5% 28.7%

* Transportation, Communications, & Public Utilities.
** Finance, Insurance, & Real Estate.


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