Notes
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units:
Frequency:
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: Finance and Insurance in the United States [BAWBANAICS52SAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBANAICS52SAUS, April 13, 2025.
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