Business Applications with Planned Wages: Total for All NAICS in Hawaii
BAWBATOTALNSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.00
Year-over-Year Change
-11.56%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic indicator tracks new business applications in Hawaii that include plans for hiring employees and paying wages. It provides insight into entrepreneurial activity and economic growth prospects 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
The Business Applications with Planned Wages metric measures the number of new business applications filed in Hawaii that indicate an intent to hire employees and pay wages. This metric is used by economists and policymakers to gauge the level of entrepreneurial dynamism and business formation in the state.
Methodology
The data is collected by the U.S. Census Bureau through business registration filings.
Historical Context
Policymakers and analysts monitor this metric to assess the economic climate and outlook for Hawaii.
Key Facts
- Hawaii had XX new business applications with planned wages in the latest month.
- This represents a YY% change from the previous year's figure.
- The 3-month moving average of this metric is currently ZZ.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks new business applications in Hawaii that include plans for hiring employees and paying wages, providing insight into entrepreneurial activity and economic growth prospects in the state.
Q: Why is this trend relevant for users or analysts?
A: Economists and policymakers monitor this metric to gauge the level of entrepreneurial dynamism and business formation in Hawaii, which is an important signal of the state's economic climate and outlook.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business registration filings.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the economic climate and outlook for Hawaii, as it provides insights into entrepreneurial activity and business formation in the state.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delay in reporting due to the time required for businesses to file registrations.
Related Trends
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HIEART
Employment Level for Hawaii
EMPLOYHI
Gross Domestic Product: Manufacturing (31-33) in Hawaii
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All Employees: Other Services in Hawaii
HISRVON
State Government Tax Collections, Motor Vehicle Licenses in Hawaii
HIMOTOLICTAX
Poverty Universe, Age 0-4 for Hawaii
PUA0T4HI15000A647NCEN
Citation
U.S. Federal Reserve, Business Applications with Planned Wages: Total for All NAICS in Hawaii (BAWBATOTALNSAHI), retrieved from FRED.