Business Applications with Planned Wages: Total for All NAICS in Northeast Census Region
BAWBATOTALSANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,175.00
Year-over-Year Change
-6.17%
Date Range
7/1/2004 - 6/1/2025
Summary
The 'Business Applications with Planned Wages: Total for All NAICS in Northeast Census Region' series tracks the number of new business applications in the Northeast region with planned payroll. This metric is a leading indicator of economic activity and entrepreneurship.
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 measures the number of new business applications filed in the Northeastern United States that indicate planned hiring of employees. It is a useful gauge of entrepreneurial optimism and confidence in the regional economy.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess the health and outlook of the Northeast's economy.
Key Facts
- Measure of new business formation in the Northeast U.S.
- Leading indicator of regional economic activity and hiring
- Data collected and published by the U.S. Census Bureau
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of new business applications filed in the Northeastern United States that indicate planned hiring of employees.
Q: Why is this trend relevant for users or analysts?
A: This metric is a useful leading indicator of entrepreneurial optimism and confidence in the regional economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and businesses to assess the health and outlook of the Northeast's economy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Census Bureau with minimal delays.
Related Trends
New Privately Owned Housing Starts by Number of Units in Building, 2 to 4 Units in the Northeast Census Region
HOUSTCB24UMNEQ
Consumer Unit Characteristics: Percent Black or African American by Region: Residence in the Northeast Census Region
CXU980270LB1102M
Homeowner Vacancy Rate in the Northeast Census Region
RHVRNEQ156N
New Privately Owned Housing Starts by Purpose of Construction, Built for Sale Total Two or More Units in the Northeast Census Region
HOUSTPFST2UMNEQ
Business Formations Within Eight Quarters: Total for All NAICS in Northeast Census Region
BFBF8QTOTALNSANO
Expenditures: Other Household Expenses by Region: Residence in the Northeast Census Region
CXUHHOTHXPNLB1102M
Citation
U.S. Federal Reserve, Business Applications with Planned Wages: Total for All NAICS in Northeast Census Region (BAWBATOTALSANO), retrieved from FRED.