NOTE: THIS DATA FILE WILL CHANGE! To improve accessibility of data for all users, we will convert this file from a text format to an html table by the end of June 2024.

Title:               High-Propensity Business Applications for the United States (DISCONTINUED)
Series ID:           HPBUSAPPSAUS
Source:              U.S. Census Bureau
Release:             Business Formation Statistics
Seasonal Adjustment: Seasonally Adjusted
Frequency:           Quarterly
Units:               Number
Date Range:          2004-07-01 to 2020-10-01
Last Updated:        2021-01-14 11:02 AM CST
Notes:               The Business Formation Statistics are now released on a monthly basis,
                     and the quarterly series will no longer be updated. See BAHBATOTALSAUS
                     (https://fred.stlouisfed.org/series/BAHBATOTALSAUS) 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  351173
2004-10-01  352307
2005-01-01  364696
2005-04-01  365894
2005-07-01  370086
2005-10-01  382305
2006-01-01  394279
2006-04-01  391300
2006-07-01  381550
2006-10-01  385523
2007-01-01  383832
2007-04-01  387208
2007-07-01  387175
2007-10-01  345892
2008-01-01  322788
2008-04-01  324774
2008-07-01  315459
2008-10-01  312891
2009-01-01  295520
2009-04-01  291598
2009-07-01  293447
2009-10-01  285932
2010-01-01  288734
2010-04-01  290039
2010-07-01  295143
2010-10-01  293688
2011-01-01  305746
2011-04-01  293878
2011-07-01  295977
2011-10-01  296299
2012-01-01  286947
2012-04-01  296624
2012-07-01  284977
2012-10-01  300326
2013-01-01  289998
2013-04-01  290554
2013-07-01  291975
2013-10-01  296426
2014-01-01  288105
2014-04-01  297228
2014-07-01  297224
2014-10-01  307848
2015-01-01  311245
2015-04-01  298760
2015-07-01  301355
2015-10-01  296985
2016-01-01  309246
2016-04-01  299192
2016-07-01  316104
2016-10-01  305993
2017-01-01  314548
2017-04-01  317344
2017-07-01  312751
2017-10-01  316529
2018-01-01  330703
2018-04-01  329038
2018-07-01  325727
2018-10-01  323781
2019-01-01  318999
2019-04-01  327457
2019-07-01  323455
2019-10-01  324994
2020-01-01  310756
2020-04-01  299389
2020-07-01  537930
2020-10-01  373740