Table 3. Number of private sector establishments by direction of employment change, annual March to March Tennessee Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 2,262 42,842 31,086 11,756 32,812 23,318 9,494 March 1995 2,986 44,063 31,638 12,425 34,438 24,999 9,439 March 1996 2,223 43,669 30,868 12,801 37,749 27,171 10,578 March 1997 1,753 44,192 30,998 13,194 39,213 27,772 11,441 March 1998 1,064 44,070 31,074 12,996 40,493 28,561 11,932 March 1999 1,260 45,207 32,069 13,138 40,288 28,410 11,878 March 2000 800 45,254 32,587 12,667 41,501 29,634 11,867 March 2001 -132 43,115 30,844 12,271 44,062 31,659 12,403 March 2002 -733 40,769 28,792 11,977 46,022 33,312 12,710 March 2003 880 43,754 31,068 12,686 42,867 31,061 11,806 March 2004 893 45,740 33,292 12,448 41,857 30,302 11,555 March 2005 1,464 46,305 33,505 12,800 42,216 30,880 11,336 March 2006 2,058 48,807 35,291 13,516 42,018 30,560 11,458 March 2007 1,223 47,924 34,603 13,321 45,068 32,970 12,098 March 2008 1,291 46,479 32,755 13,724 47,840 35,407 12,433 March 2009 -2,875 38,448 27,024 11,424 55,502 41,203 14,299 March 2010 -2,270 39,424 28,335 11,089 49,583 36,224 13,359 March 2011 -791 44,255 32,625 11,630 43,295 30,874 12,421 March 2012 694 46,403 34,377 12,026 41,244 29,912 11,332 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.