High-Propensity Business Applications: Total for All NAICS in Delaware
BAHBATOTALSADE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,851.00
Year-over-Year Change
22.10%
Date Range
7/1/2004 - 7/1/2025
Summary
The High-Propensity Business Applications: Total for All NAICS in Delaware trend measures the number of new business applications in Delaware that have a high chance of turning into businesses with payroll. This metric is an important economic indicator for understanding entrepreneurial activity and business formation in the state.
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 the number of applications for new businesses in Delaware that are considered 'high-propensity', meaning they have a greater likelihood of becoming operational businesses with paid employees. It provides insight into the entrepreneurial climate and business dynamism within the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau from business application filings.
Historical Context
Policymakers and economic analysts use this metric to gauge the health and growth potential of Delaware's business ecosystem.
Key Facts
- Delaware had 1,090 high-propensity business applications in 2022.
- This represents a 10% increase from the prior year.
- The trend peaked in 2020 during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new business applications in Delaware that have a high chance of turning into operational businesses with paid employees.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the entrepreneurial climate and business formation activity within the state of Delaware, which is an important indicator of economic dynamism and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau from business application filings.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to gauge the health and growth potential of Delaware's business ecosystem, which can inform decisions around economic development, small business support, and other policies.
Q: Are there update delays or limitations?
A: The data is published by the U.S. Census Bureau on a regular basis, but may be subject to minor reporting delays or revisions.
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Citation
U.S. Federal Reserve, High-Propensity Business Applications: Total for All NAICS in Delaware (BAHBATOTALSADE), retrieved from FRED.