Business Applications with Planned Wages: Total for All NAICS in North Carolina
BAWBATOTALSANC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,469.00
Year-over-Year Change
-2.72%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Business Applications with Planned Wages: Total for All NAICS in North Carolina' trend measures the number of new business applications filed in North Carolina that indicate planned wages for employees. This provides insight into entrepreneurial activity and economic growth potential 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 total number of new business applications submitted in North Carolina that include information about planned wages for employees. It serves as an indicator of entrepreneurial dynamism and the state's economic outlook, as new businesses with planned payrolls suggest investment and hiring intentions.
Methodology
The data is collected by the U.S. Census Bureau from business application filings.
Historical Context
Policymakers and analysts use this metric to gauge North Carolina's business climate and economic trajectory.
Key Facts
- North Carolina is a major center for entrepreneurial activity in the U.S.
- New business applications with planned wages signal investment and hiring intentions.
- Tracking this metric helps policymakers understand the state's economic trajectory.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business applications filed in North Carolina that indicate planned wages for employees.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into entrepreneurial dynamism and the economic growth potential in North Carolina, as new businesses with planned payrolls suggest investment and hiring intentions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from business application filings.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge North Carolina's business climate and economic trajectory.
Q: Are there update delays or limitations?
A: The data is published regularly by the Census Bureau with minimal delays.
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Citation
U.S. Federal Reserve, Business Applications with Planned Wages: Total for All NAICS in North Carolina (BAWBATOTALSANC), retrieved from FRED.