Observation:
Jul 2024: 146,977 (+ more) Updated: Aug 14, 2024 11:05 AM CDTJul 2024: | 146,977 | |
Jun 2024: | 129,992 | |
May 2024: | 168,017 | |
Apr 2024: | 142,308 | |
Mar 2024: | 148,001 | |
View All |
Units:
Number,Frequency:
MonthlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Not Seasonally Adjusted
Frequency: Monthly
Business Applications (BA) that have a high-propensity of turning into businesses with payroll. The identification of high-propensity applications is based on the characteristics of applications revealed on the IRS Form SS-4 that are associated with a high rate of business formation. High-propensity applications include applications: (a) from a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72).
See the U.S. Census's FAQs for more details.
U.S. Census Bureau, High-Propensity Business Applications: Total for All NAICS in the United States [BAHBATOTALNSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAHBATOTALNSAUS, .