Business Applications with Planned Wages: Total for All NAICS in the United States (BAWBATOTALNSAUS)

Jan 2026: 42,362
Updated: Feb 11, 2026 11:09 AM CST
Jan 2026:  42,362  
Dec 2025:  34,547  
Nov 2025:  30,332  
Oct 2025:  38,730  
Sep 2025:  31,197  
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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: Total for All NAICS in the United States [BAWBATOTALNSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBATOTALNSAUS, .

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