Seasonally Adjusted
BUSAPPSAME • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,897.00
Year-over-Year Change
27.34%
Date Range
7/1/2004 - 10/1/2020
Summary
The Seasonally Adjusted Business Applications Series tracks the number of new business applications filed with the Internal Revenue Service, providing insights into entrepreneurial activity and economic trends.
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 measures the number of new business applications that have been adjusted for seasonal variations, which helps identify underlying patterns and growth in new business formation. It is a leading indicator used by economists and policymakers to analyze the health and trajectory of the U.S. economy.
Methodology
The data is collected and compiled by the U.S. Census Bureau from administrative records.
Historical Context
Policymakers and analysts utilize this metric to gauge entrepreneurial dynamism and make informed decisions about economic policy.
Key Facts
- The series tracks applications for all new businesses, not just those that become operational.
- Seasonally adjusted data accounts for recurring annual patterns, such as holiday-related fluctuations.
- This metric is considered a leading indicator of economic activity and future employment growth.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Business Applications Series tracks the number of new business applications filed with the IRS, providing insights into entrepreneurial activity and economic trends.
Q: Why is this trend relevant for users or analysts?
A: This metric is a leading indicator used by economists and policymakers to analyze the health and trajectory of the U.S. economy, as it reflects entrepreneurial dynamism and new business formation.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Census Bureau from administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this metric to gauge entrepreneurial activity and make informed decisions about economic policies that impact business formation and growth.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have occasional delays in publication, but it provides a timely and reliable indicator of new business applications.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Business Applications (BUSAPPSAME), retrieved from FRED.