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High-Propensity Business Applications for Alabama (HPBUSAPPNSAAL)

Observation:

Q1 2019: 3,983  
Updated: Apr 24, 2019

Units:

Number,
Not Seasonally Adjusted

Frequency:

Quarterly
1Y | 5Y | 10Y | Max

NOTES

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Not Seasonally Adjusted

Frequency:  Quarterly

Notes:

Business Applications (BA) that have a high propensity of turning into businesses with payroll. The identification of high-propensity applications is based on the characteristics of applications revealed on the IRS Form SS-4 that are associated with a high rate of business formation. High-propensity applications include applications: (a) for a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72).

Suggested Citation:

U.S. Census Bureau, High-Propensity Business Applications for Alabama [HPBUSAPPNSAAL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HPBUSAPPNSAAL, July 18, 2019.

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