© 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.
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