Business Applications with Planned Wages: Construction in the United States (BAWBANAICS23NSAUS)

May 2026: 3,433
Updated: Jun 10, 2026 11:14 AM CDT
May 2026:  3,433  
Apr 2026:  4,766  
Mar 2026:  4,105  
Feb 2026:  4,607  
Jan 2026:  4,380  
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Units:

Number,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

High-Propensity Business Applications (HBA) that indicate a first wages-paid date on the IRS Form SS-4. The indication of a wages-paid date is associated with a high likelihood of transitioning into a business with payroll.

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

Suggested Citation:

U.S. Census Bureau, Business Applications with Planned Wages: Construction in the United States [BAWBANAICS23NSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBANAICS23NSAUS, .

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