High-Propensity Business Applications: Total for All NAICS in Montana
BAHBATOTALSAMT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682.00
Year-over-Year Change
2.56%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'High-Propensity Business Applications: Total for All NAICS in Montana' trend measures the number of new business applications in Montana across all sectors of the economy. This metric is closely watched by economists and policymakers as an indicator of 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 economic indicator tracks the total number of high-propensity business applications filed in Montana, which include applications that are likely to result in businesses with payroll. It provides insight into new firm formation and the health of the state's entrepreneurial ecosystem.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on administrative records of business applications.
Historical Context
Policymakers and economic analysts use this trend to assess the business climate and identify opportunities for fostering entrepreneurship and economic growth in Montana.
Key Facts
- Montana saw a record high in new business applications in 2021.
- High-propensity applications account for around 30% of total business applications in Montana.
- The trend is a leading indicator of future employment and economic growth in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new high-propensity business applications filed in Montana, which are likely to result in businesses with payroll.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into entrepreneurial activity and the health of Montana's business ecosystem, which are important factors for economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on administrative records of business applications.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to assess the business climate and identify opportunities for fostering entrepreneurship and economic growth in Montana.
Q: Are there update delays or limitations?
A: The data is published on a timely basis, with a typical lag of a few months from the end of the reference period.
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Citation
U.S. Federal Reserve, High-Propensity Business Applications: Total for All NAICS in Montana (BAHBATOTALSAMT), retrieved from FRED.