Business Applications from Corporations: Total for All NAICS in Delaware
BACBATOTALSADE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,261.00
Year-over-Year Change
40.89%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the total number of new business applications from corporations in the state of Delaware. It provides insight into entrepreneurial activity and business formation in the region.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Business Applications from Corporations: Total for All NAICS in Delaware series tracks the number of new business applications filed by corporations in Delaware. This data point is used by economists and policymakers to monitor economic conditions and assess the health of the state's business environment.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
Trends in new business applications can signal changes in entrepreneurial dynamism and market opportunities.
Key Facts
- Delaware was the state of incorporation for over 1 million active businesses in 2021.
- New business applications reached a record high in Delaware during the COVID-19 pandemic.
- The technology and financial services sectors account for a large share of new business formations in Delaware.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business applications filed by corporations in the state of Delaware. It provides insight into entrepreneurial activity and the formation of new companies.
Q: Why is this trend relevant for users or analysts?
A: Trends in new business applications are an important indicator of entrepreneurial dynamism and economic conditions. This data can help analysts and policymakers assess the health of Delaware's business environment.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau based on administrative records of new business applications.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to understand changes in entrepreneurial activity, which can inform decisions around economic development, tax policy, and support for small businesses.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be lags of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Business Applications from Corporations: Total for All NAICS in Delaware (BACBATOTALSADE), retrieved from FRED.