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FIGURE I-3: BUSINESS "CHURN" IN THE REGION <br />firms closed (1990-2002): <br />13,665 (78,607 jobs) <br />ttr<~~ <br />wintln <br />Rqk <br />(1990.1wa~ <br />1.655 <br />(19,OS~jobs <br />(iems relocated <br />co region <br />(I 990-2002): <br />2,023 <br />(34.434 jobs) <br /># Trms moved <br />out of the region <br />(1990-2002): <br />I , 395 <br />(17, I IS jobs) <br /># f rms created (I 990-2002): <br />Saurce_Naeartal Esmdnhmenn Time Series Dambase 18,329 (82,019 jobs) <br />• Homegrown firms now account for more regional economic revenue than any other source. <br />• The number of very fast growing firms has almost tripled in the past decade. <br />• The role of very small firms (five or fewer employees) in regional prosperity has grown substantially. <br />FIGURE I-4: Tri-Valley Firms by Size <br />2 <br />1990 <br />not <br />1% <br />2003 <br />175orfewer <br />1~6t025 <br />^ 26 to 100 <br />^ Greater than 100 <br />3 <br />