Federal Reserve Economic Data

FRED Economic Data, St. Louis FED

High-Propensity Business Applications: Total for All NAICS in Connecticut (BAHBATOTALSACT)

Observations

Feb 2025: 1,148
Updated: Mar 12, 2025 11:06 AM CDT
Next Release Date: Apr 10, 2025
Feb 2025:  1,148  
Jan 2025:  1,169  
Dec 2024:  1,182  
Nov 2024:  1,221  
Oct 2024:  1,212  
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(a) High-Propensity Business Applications: Total for All NAICS in Connecticut, Number, Seasonally Adjusted (BAHBATOTALSACT)

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    High-Propensity Business Applications: Total for All NAICS in Connecticut
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    Notes

    Source: U.S. Census Bureau  

    Release: Business Formation Statistics  

    Units:  Number, Seasonally Adjusted

    Frequency:  Monthly

    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.

    Suggested Citation:

    U.S. Census Bureau, High-Propensity Business Applications: Total for All NAICS in Connecticut [BAHBATOTALSACT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAHBATOTALSACT, April 6, 2025.

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    Monthly, Not Seasonally Adjusted

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    Connecticut States U.S. Regional Data Production & Business Activity

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    High-Propensity Business Applications Connecticut Business State Seasonally Adjusted Census Monthly Public Domain: Citation Requested United States of America

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