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Title:               High-Propensity Business Applications for Massachusetts (DISCONTINUED)
Series ID:           HPBUSAPPNSAMA
Source:              U.S. Census Bureau
Release:             Business Formation Statistics
Seasonal Adjustment: Not Seasonally Adjusted
Frequency:           Quarterly
Units:               Number
Date Range:          2004-07-01 to 2020-10-01
Last Updated:        2021-01-14 11:03 AM CST
Notes:               The Business Formation Statistics are now released on a monthly basis,
                     and the quarterly series will no longer be updated. See
                     BAHBATOTALNSAMA (https://fred.stlouisfed.org/series/BAHBATOTALNSAMA)
                     for an alternative.
                     
                     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) for
                     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).

DATE       VALUE
2004-07-01  5693
2004-10-01  5419
2005-01-01  7176
2005-04-01  6831
2005-07-01  6249
2005-10-01  5925
2006-01-01  7499
2006-04-01  6701
2006-07-01  5721
2006-10-01  5719
2007-01-01  7093
2007-04-01  6585
2007-07-01  5717
2007-10-01  5077
2008-01-01  5787
2008-04-01  5582
2008-07-01  4784
2008-10-01  4578
2009-01-01  5457
2009-04-01  5110
2009-07-01  4547
2009-10-01  4548
2010-01-01  6002
2010-04-01  5449
2010-07-01  4729
2010-10-01  4491
2011-01-01  5968
2011-04-01  5567
2011-07-01  4777
2011-10-01  4626
2012-01-01  5986
2012-04-01  5382
2012-07-01  4753
2012-10-01  4923
2013-01-01  6106
2013-04-01  5562
2013-07-01  5185
2013-10-01  5166
2014-01-01  6264
2014-04-01  5831
2014-07-01  5198
2014-10-01  5316
2015-01-01  6437
2015-04-01  6019
2015-07-01  5364
2015-10-01  5048
2016-01-01  6908
2016-04-01  5974
2016-07-01  5578
2016-10-01  5042
2017-01-01  6911
2017-04-01  6181
2017-07-01  5519
2017-10-01  5055
2018-01-01  7211
2018-04-01  6670
2018-07-01  5645
2018-10-01  5116
2019-01-01  6849
2019-04-01  6572
2019-07-01  5375
2019-10-01  5072
2020-01-01  6404
2020-04-01  4760
2020-07-01  7484
2020-10-01  5566