High-Propensity Business Applications: Total for All NAICS in Hawaii
BAHBATOTALSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
565.00
Year-over-Year Change
10.57%
Date Range
7/1/2004 - 6/1/2025
Summary
The High-Propensity Business Applications: Total for All NAICS in Hawaii trend measures the number of high-propensity business applications filed in the state. This metric provides insight into entrepreneurial activity and economic dynamism.
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 that have a high chance of turning into businesses with payroll. It is an important leading indicator of future economic growth and job creation.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and economists monitor this metric to assess the health of the entrepreneurial ecosystem and small business climate in Hawaii.
Key Facts
- High-propensity business applications measure applications for new businesses with payroll potential.
- Hawaii's entrepreneurial activity is an important driver of its economic growth and job creation.
- This metric provides timely insight into the health of Hawaii's small business climate.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of high-propensity business applications filed in the state of Hawaii. High-propensity applications are those with a high chance of turning into businesses with payroll.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important leading indicator of future economic growth and job creation in Hawaii, as it provides insight into the state's entrepreneurial activity and small business climate.
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 monitor this metric to assess the health of Hawaii's entrepreneurial ecosystem and to inform decisions that support small business development and economic growth.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau, but there may be some delays in reporting due to the nature of business application processing.
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Citation
U.S. Federal Reserve, High-Propensity Business Applications: Total for All NAICS in Hawaii (BAHBATOTALSAHI), retrieved from FRED.