Business Applications for Indiana
BUSAPPWNSAIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,840.00
Year-over-Year Change
1.66%
Date Range
5/6/2006 - 6/28/2025
Summary
The 'Business Applications for Indiana' trend measures the number of new business applications filed in the state of Indiana. This data is an important indicator of entrepreneurial activity and economic dynamism.
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 number of applications for new businesses in Indiana, which can signal the level of entrepreneurial spirit and the creation of new economic opportunities in the state. Economists and policymakers monitor this data to assess the health and growth potential of the Indiana economy.
Methodology
The data is collected by the U.S. Census Bureau from administrative records on business applications.
Historical Context
Business application data provides insight into emerging trends in Indiana's labor market and business environment.
Key Facts
- Indiana saw a record high number of new business applications in 2021.
- The services and retail trade sectors accounted for the majority of new business applications in Indiana.
- Business application data can signal changes in economic sentiment and confidence.
FAQs
Q: What does this economic trend measure?
A: The 'Business Applications for Indiana' trend measures the number of new business applications filed in the state of Indiana, which is an indicator of entrepreneurial activity and economic dynamism.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the level of entrepreneurial spirit and the creation of new economic opportunities in Indiana, which is relevant for economists, policymakers, and businesses monitoring the state's economic health and growth potential.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from administrative records on business applications.
Q: How is this trend used in economic policy?
A: Business application data can provide insights into emerging trends in Indiana's labor market and business environment, which can inform economic policies and initiatives aimed at supporting entrepreneurship and economic growth in the state.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the end of the reference period. There may be revisions to previously reported data as new information becomes available.
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Citation
U.S. Federal Reserve, Business Applications for Indiana (BUSAPPWNSAIN), retrieved from FRED.