Federal Reserve Economic Data

Business Applications with Planned Wages: Professional Services in the United States (BAWBANAICS54SAUS)

Aug 2025: 5,045
Updated: Sep 11, 2025 11:06 AM CDT
Aug 2025:  5,045  
Jul 2025:  5,358  
Jun 2025:  5,344  
May 2025:  5,475  
Apr 2025:  5,530  
View All

Units:

Number,
Seasonally Adjusted

Frequency:

Monthly

Fullscreen

Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, 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: Professional Services in the United States [BAWBANAICS54SAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBANAICS54SAUS, .

Release Tables


Back to Top