High-Propensity Business Applications: Total for All NAICS in District of Columbia
BAHBATOTALSADC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
421.00
Year-over-Year Change
20.98%
Date Range
7/1/2004 - 6/1/2025
Summary
The High-Propensity Business Applications: Total for All NAICS in District of Columbia measures the number of new business applications in the District of Columbia that have a high probability of becoming businesses with payroll. This metric is a key indicator of entrepreneurial activity and economic dynamism 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
This series tracks applications for new businesses in the District of Columbia that are considered 'high-propensity,' meaning they are likely to result in the formation of a company with paid employees. It provides insight into the level of entrepreneurial activity and business creation in the local economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess the business climate and economic health of the District of Columbia.
Key Facts
- The series is published on a weekly basis.
- High-propensity applications indicate a high likelihood of the business establishing paid employment.
- Trends in this metric can signal changes in the economic outlook for the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new business applications in the District of Columbia that have a high probability of becoming businesses with paid employees.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the level of entrepreneurial activity and business creation in the local economy, which is a key indicator of economic dynamism and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the business climate and economic health of the District of Columbia, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The series is published on a weekly basis, with minimal update delays.
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Citation
U.S. Federal Reserve, High-Propensity Business Applications: Total for All NAICS in District of Columbia (BAHBATOTALSADC), retrieved from FRED.