Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Not Seasonally Adjusted

Frequency:  Quarterly

The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BACBATOTALNSAOR for an alternative.

High-Propensity Business Applications (HBA) from a corporation or personal service corporation, based on the legal form of organization stated in the IRS Form SS-4. Similar to the WBA series, this series is important primarily because it consists of a set of applications that have a high rate of transitioning into businesses with payroll.