Business Applications with Planned Wages: Total for All NAICS in Oregon
BAWBATOTALSAOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
586.00
Year-over-Year Change
-7.86%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend tracks the number of new business applications in Oregon that include planned wages for employees. It provides insight into entrepreneurial activity and the state's economic outlook.
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: Total for All NAICS in Oregon metric records the total number of new business applications filed in Oregon that indicate the business will have paid employees. This data point signals emerging economic growth and hiring intentions.
Methodology
The U.S. Census Bureau collects this data through its Business Formation Statistics program.
Historical Context
Policymakers and analysts use this metric to gauge Oregon's entrepreneurial climate and labor market dynamics.
Key Facts
- Oregon ranked 12th among U.S. states for new business applications in 2022.
- Business applications with planned wages make up about 30% of total new business filings in Oregon.
- This metric reached a record high in Oregon during the COVID-19 pandemic recovery.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new business applications filed in Oregon that indicate the business will have paid employees, signaling entrepreneurial activity and hiring intentions.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Oregon's economic outlook and labor market dynamics, which are key considerations for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through its Business Formation Statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge Oregon's entrepreneurial climate and inform decisions related to economic development, workforce, and other policy areas.
Q: Are there update delays or limitations?
A: This data is released by the Census Bureau on a monthly basis, with a lag of several weeks.
Related Trends
Number of Identified Exporters to Guyana from Oregon
ORGUYA475SCEN
Average Hourly Earnings of Production Employees: Manufacturing: Non-Durable Goods in Oregon
SMU41000003200000008
Average Hourly Earnings of All Employees: Other Services in Oregon
SMU41000008000000003A
Chain-Type Quantity Index for Real GDP: Chemical Manufacturing (325) in Oregon
ORCHEMMANQGSP
Electric Power Carbon Dioxide Emissions, All Fuels for Oregon
EMISSCO2TOTVECTOORA
All Employees: Computer Systems Design and Related Services in Oregon
SMU41000006054150001A
Citation
U.S. Federal Reserve, Business Applications with Planned Wages: Total for All NAICS in Oregon (BAWBATOTALSAOR), retrieved from FRED.