Business Applications for Arkansas
Percent Change from Year Ago
BUSAPPWNSAARYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-12.86
Year-over-Year Change
-172.86%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Percent Change from Year Ago' economic trend measures the annual percentage change in U.S. business applications. This metric provides insights into entrepreneurial activity and broader economic conditions.
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 year-over-year change in the number of new business applications filed with the U.S. government. It serves as an indicator of entrepreneurial dynamism and confidence in the economic outlook.
Methodology
The data is collected and published monthly by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to gauge small business formation and the overall health of the economy.
Key Facts
- The series reached a record high in 2020 amid the COVID-19 pandemic.
- Business applications fell sharply in early 2020 but rebounded quickly.
- Long-term trends in this metric can signal shifts in the broader economy.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' series tracks the annual percentage change in the number of new business applications filed with the U.S. government.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into entrepreneurial activity and confidence, which are key indicators of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge small business formation and the overall health of the economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into entrepreneurial activity.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (BUSAPPWNSAARYY), retrieved from FRED.