Federal Reserve Economic Data

Business Applications: Total for All NAICS in the United States (BABATOTALSAUS)

Q4 2025: 510,206
Updated: Jan 14, 2026 11:09 AM CST
Q4 2025:  510,206  
Q3 2025:  486,034  
Q2 2025:  453,267  
Q1 2025:  424,447  
Q4 2024:  443,203  
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Units:

Number,
Seasonally Adjusted

Frequency:

Quarterly,
Average

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Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Seasonally Adjusted

Frequency:  Monthly

Notes:

The core business applications series that correspond to a subset of all applications for an Employer Identification Number (EIN). Includes all applications for an EIN, except for applications for tax liens, estates, trusts, certain financial filings, applications outside of the 50 states and DC or with no state-county geocodes, applications with certain NAICS codes in sector 11 (agriculture, forestry, fishing and hunting) or 92 (public administration) that have low transition rates, and applications in certain industries (e.g. private households, civic and social organizations).

See the U.S. Census's FAQs for more details.

Suggested Citation:

U.S. Census Bureau, Business Applications: Total for All NAICS in the United States [BABATOTALSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BABATOTALSAUS, .

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