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Economic Activity

The fundamental building blocks of Vermont’s economy provide a framework for opportunity and growth, through diverse sectors and activities that create employment, production, and revenue.

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Economic Activity
Innovation & Entrepreneurs
  • 2015 Commercial Grand List
    Economic Activity
    Vermont Department of Taxes
    $13.28 Billion
    Up 2.3% 2014-2015
  • Economic Activity
    Foreign Exports 2015
    down 13.3% from previous year
    Origin of Movement Series of Census
    $3.182 Billion
  • GDP per capita
    Economic Activity
    Bureau of Economic Analysis 2015
    $48,344
    RANK: 34th in the U.S.
  • Job Creation Rate in 2013
    Economic Activity
    U.S. Census Bureau, Business Dynamics Series
    12.6%
    Down from 14.3% in 2012
  • Mid-sized Firms 2013
    (20-499 Employees)
    Economic Activity
    U.S. Census Bureau, Business Dynamics Series
    2,251
    up 1.3% over last year
  • Innovation & Entrepreneurship
    High Tech Related Firms (2015)
    Level with 2012
    QCEW of BLS
    2,503
  • Non-Farm Employment Gain 2014-2015
    Economic Activity
    Vermont Department of Labor
    2,900
    Up 1.1% Burlington / 1.0% Non-Burlington VT
  • R&D "Intensity" Spending
    as a Share of GDP (2012)
    Innovation & Entrepreneurship
    National Science Foundation
    2.09
    27th in U.S.
  • Innovation & Entrepreneurship
    Small Business Employment
    (Establishments with < 20 workers)
    17% is U.S. average
    U.S. Census Statistics of U.S. Businesses (SUSB)
    24% of Employment
  • New Firm 5-Year Survival Rate (2014)
    Innovation & Entrepreneurship
    Business Dynamic Series Census (BDS)
    54%
    12th in the U.S.