Title:               High-Propensity Business Applications for the United States (DISCONTINUED)
Series ID:           HPBUSAPPNSAUS
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 11:02 AM CST
Notes:               The Business Formation Statistics are now released on a monthly basis,
                     and the quarterly series will no longer be updated. See
                     BAHBATOTALNSAUS (https://fred.stlouisfed.org/series/BAHBATOTALNSAUS)
                     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   329420
2004-10-01   318334
2005-01-01   402087
2005-04-01   386132
2005-07-01   347373
2005-10-01   345787
2006-01-01   434215
2006-04-01   412550
2006-07-01   358595
2006-10-01   349194
2007-01-01   422229
2007-04-01   407678
2007-07-01   364378
2007-10-01   313314
2008-01-01   355199
2008-04-01   341302
2008-07-01   297470
2008-10-01   283337
2009-01-01   325697
2009-04-01   306020
2009-07-01   276477
2009-10-01   258810
2010-01-01   319252
2010-04-01   303865
2010-07-01   277600
2010-10-01   265373
2011-01-01   339542
2011-04-01   307987
2011-07-01   277317
2011-10-01   266906
2012-01-01   320848
2012-04-01   310330
2012-07-01   266355
2012-10-01   269106
2013-01-01   326582
2013-04-01   303674
2013-07-01   272709
2013-10-01   263435
2014-01-01   327289
2014-04-01   309772
2014-07-01   278195
2014-10-01   270559
2015-01-01   356405
2015-04-01   311120
2015-07-01   282731
2015-10-01   258030
2016-01-01   356421
2016-04-01   311719
2016-07-01   297094
2016-10-01   263550
2017-01-01   363419
2017-04-01   331805
2017-07-01   293877
2017-10-01   271968
2018-01-01   385162
2018-04-01   348966
2018-07-01   306696
2018-10-01   278762
2019-01-01   366557
2019-04-01   344336
2019-07-01   302939
2019-10-01   284327
2020-01-01   352586
2020-04-01   315287
2020-07-01   502445
2020-10-01   328694