Business Applications for Delaware
Percent Change from Year Ago
BUSAPPWNSADEYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-15.97
Year-over-Year Change
1778.82%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in U.S. business applications, providing insights into new business formation and economic growth.
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 tracks the percentage change in the number of new business applications submitted to the U.S. government compared to the same period in the previous year. It serves as a leading signal of future business activity and economic conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on administrative records of business applications.
Historical Context
Policymakers and analysts use this metric to gauge the health and dynamism of the U.S. entrepreneurial ecosystem.
Key Facts
- Business applications reached a record high in 2020 amid the COVID-19 pandemic.
- The percent change from year ago has been positive since mid-2020, indicating a rebound in new business creation.
- High levels of new business applications are associated with greater innovation and job creation.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' trend tracks the year-over-year change in the number of new business applications submitted to the U.S. government.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of entrepreneurial activity and business dynamism in the U.S. economy, which is crucial for understanding economic growth and future business conditions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on administrative records of business applications.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge the health and vitality of the U.S. entrepreneurial ecosystem, which is important for informing economic and small business policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, as the Census Bureau's business application data is collected and published on a regular schedule.
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Citation
U.S. Federal Reserve, Percent Change from Year Ago (BUSAPPWNSADEYY), retrieved from FRED.