Data in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Seasonally Adjusted
Frequency: Quarterly
The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BFBF4QTOTALSAUS for an alternative.
This series provides the number of employer businesses that originate from Business Applications (BA) within four quarters from the quarter of application. By definition, the end-point of this series is determined by the most recent quarter for which the administrative data is available on payroll.
U.S. Census Bureau, Business Formations Within 4 Quarters for the United States (DISCONTINUED) [BF4QSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BF4QSAUS, December 10, 2023.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Seasonally Adjusted
Frequency: Quarterly
The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See 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).
U.S. Census Bureau, High-Propensity Business Applications for the United States (DISCONTINUED) [HPBUSAPPSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HPBUSAPPSAUS, December 10, 2023.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Seasonally Adjusted
Frequency: Quarterly
The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BFPBF4QTOTALSAUS for an alternative.
The projected number of employer businesses that originate from Business Applications (BA) within four quarters from the quarter of application.
U.S. Census Bureau, Projected Business Formations Within 4 Quarters for the United States (DISCONTINUED) [PBF4QSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/PBF4QSAUS, December 10, 2023.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Seasonally Adjusted
Frequency: Quarterly
The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BABATOTALSAUS for an alternative.
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, or certain financial filings, applications outside of 50 states and DC or with no state‐county geocodes, applications with a NAICS sector code of 11 (agriculture, forestry, fishing and hunting) or 92 (public administration), and applications in certain industries (e.g. private households, civic and social organizations).
U.S. Census Bureau, Business Applications for the United States (DISCONTINUED) [BUSAPPSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BUSAPPSAUS, December 10, 2023.
Business Formations Within 4 Quarters for the United States (DISCONTINUED)
High-Propensity Business Applications for the United States (DISCONTINUED)
Projected Business Formations Within 4 Quarters for the United States (DISCONTINUED)
Business Applications for the United States (DISCONTINUED)