Federal Reserve Economic Data

Table Data - High-Propensity Business Applications: Finance and Insurance in the United States

Title High-Propensity Business Applications: Finance and Insurance in the United States
Series ID BAHBANAICS52NSAUS
Source U.S. Census Bureau
Release Business Formation Statistics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Monthly
Units Number
Date Range 2004-07-01 to 2025-08-01
Last Updated 2025-09-11 11:06 AM CDT
Notes 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.
DATE VALUE
2004-07-01 4924
2004-08-01 5123
2004-09-01 4912
2004-10-01 6448
2004-11-01 5497
2004-12-01 6653
2005-01-01 5749
2005-02-01 6591
2005-03-01 7543
2005-04-01 5943
2005-05-01 6117
2005-06-01 6792
2005-07-01 4883
2005-08-01 5264
2005-09-01 5465
2005-10-01 5881
2005-11-01 7065
2005-12-01 6119
2006-01-01 5732
2006-02-01 6577
2006-03-01 8657
2006-04-01 6210
2006-05-01 8139
2006-06-01 5617
2006-07-01 5484
2006-08-01 6933
2006-09-01 5478
2006-10-01 5407
2006-11-01 6465
2006-12-01 6390
2007-01-01 6014
2007-02-01 7030
2007-03-01 8554
2007-04-01 6258
2007-05-01 6351
2007-06-01 7264
2007-07-01 5453
2007-08-01 6983
2007-09-01 5492
2007-10-01 4974
2007-11-01 5695
2007-12-01 5303
2008-01-01 4750
2008-02-01 6250
2008-03-01 5461
2008-04-01 4946
2008-05-01 6036
2008-06-01 4271
2008-07-01 5089
2008-08-01 4220
2008-09-01 4100
2008-10-01 4970
2008-11-01 4118
2008-12-01 4675
2009-01-01 4594
2009-02-01 4553
2009-03-01 4738
2009-04-01 5512
2009-05-01 4230
2009-06-01 3818
2009-07-01 4617
2009-08-01 3562
2009-09-01 4631
2009-10-01 3580
2009-11-01 3534
2009-12-01 4532
2010-01-01 4218
2010-02-01 3991
2010-03-01 4174
2010-04-01 4721
2010-05-01 3777
2010-06-01 3303
2010-07-01 3982
2010-08-01 3352
2010-09-01 4303
2010-10-01 3581
2010-11-01 3672
2010-12-01 4314
2011-01-01 4169
2011-02-01 3957
2011-03-01 3894
2011-04-01 4730
2011-05-01 3285
2011-06-01 4210
2011-07-01 4303
2011-08-01 3369
2011-09-01 4129
2011-10-01 3294
2011-11-01 3529
2011-12-01 4726
2012-01-01 3447
2012-02-01 3868
2012-03-01 5065
2012-04-01 3742
2012-05-01 3744
2012-06-01 4068
2012-07-01 3050
2012-08-01 3951
2012-09-01 3075
2012-10-01 3309
2012-11-01 3935
2012-12-01 4663
2013-01-01 5044
2013-02-01 3711
2013-03-01 4026
2013-04-01 3460
2013-05-01 4211
2013-06-01 3409
2013-07-01 3986
2013-08-01 3379
2013-09-01 3193
2013-10-01 4468
2013-11-01 3466
2013-12-01 3874
2014-01-01 4882
2014-02-01 3825
2014-03-01 4056
2014-04-01 3695
2014-05-01 4478
2014-06-01 3694
2014-07-01 4175
2014-08-01 3455
2014-09-01 3498
2014-10-01 4385
2014-11-01 3517
2014-12-01 4510
2015-01-01 4593
2015-02-01 4036
2015-03-01 4175
2015-04-01 4488
2015-05-01 3263
2015-06-01 3419
2015-07-01 4048
2015-08-01 3313
2015-09-01 4009
2015-10-01 3481
2015-11-01 3292
2015-12-01 4210
2016-01-01 4455
2016-02-01 3830
2016-03-01 4731
2016-04-01 3579
2016-05-01 3651
2016-06-01 3962
2016-07-01 3445
2016-08-01 4153
2016-09-01 3374
2016-10-01 3242
2016-11-01 4083
2016-12-01 3704
2017-01-01 4374
2017-02-01 3991
2017-03-01 4928
2017-04-01 3670
2017-05-01 4239
2017-06-01 3527
2017-07-01 3179
2017-08-01 4362
2017-09-01 3435
2017-10-01 3665
2017-11-01 4361
2017-12-01 3582
2018-01-01 5159
2018-02-01 4417
2018-03-01 5587
2018-04-01 3943
2018-05-01 4962
2018-06-01 3964
2018-07-01 3480
2018-08-01 4568
2018-09-01 3647
2018-10-01 3639
2018-11-01 4149
2018-12-01 3672
2019-01-01 5134
2019-02-01 4357
2019-03-01 4201
2019-04-01 3978
2019-05-01 4681
2019-06-01 3807
2019-07-01 3335
2019-08-01 4723
2019-09-01 3580
2019-10-01 4505
2019-11-01 3325
2019-12-01 3679
2020-01-01 5368
2020-02-01 4347
2020-03-01 4045
2020-04-01 4212
2020-05-01 3612
2020-06-01 4390
2020-07-01 6202
2020-08-01 4982
2020-09-01 5741
2020-10-01 4486
2020-11-01 4169
2020-12-01 4650
2021-01-01 6476
2021-02-01 5760
2021-03-01 7407
2021-04-01 5652
2021-05-01 5629
2021-06-01 6057
2021-07-01 4381
2021-08-01 4483
2021-09-01 5659
2021-10-01 4591
2021-11-01 4409
2021-12-01 5508
2022-01-01 5423
2022-02-01 5210
2022-03-01 6454
2022-04-01 4959
2022-05-01 4917
2022-06-01 5718
2022-07-01 4515
2022-08-01 5726
2022-09-01 4660
2022-10-01 4785
2022-11-01 5191
2022-12-01 4325
2023-01-01 5557
2023-02-01 5904
2023-03-01 7857
2023-04-01 5364
2023-05-01 6179
2023-06-01 5012
2023-07-01 4662
2023-08-01 6307
2023-09-01 4864
2023-10-01 4668
2023-11-01 5507
2023-12-01 4381
2024-01-01 6951
2024-02-01 5266
2024-03-01 5337
2024-04-01 4965
2024-05-01 6134
2024-06-01 4801
2024-07-01 5421
2024-08-01 4880
2024-09-01 4627
2024-10-01 6056
2024-11-01 4397
2024-12-01 4479
2025-01-01 6506
2025-02-01 5961
2025-03-01 6017
2025-04-01 7009
2025-05-01 5357
2025-06-01 5394
2025-07-01 6289
2025-08-01 4675

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