Federal Reserve Economic Data: Your trusted data source since 1991

High-Propensity Business Applications for California (DISCONTINUED) (HPBUSAPPSACA)


Q4 2020: 48,253 (+ more)   Updated: Jan 14, 2021 11:02 AM CST
Q4 2020:  48,253  
Q3 2020:  68,233  
Q2 2020:  38,342  
Q1 2020:  45,270  
Q4 2019:  45,536  
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Seasonally Adjusted




Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, 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 BAHBATOTALSACA for an alternative.

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 California (DISCONTINUED) [HPBUSAPPSACA], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HPBUSAPPSACA, .


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