Business Applications for Massachusetts
BUSAPPWNSAMAYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.35
Year-over-Year Change
-157.31%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Business Applications for Massachusetts' trend measures the number of new business applications filed in the state of Massachusetts. This metric is closely watched by economists and policymakers as it provides insights into entrepreneurial activity 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 series tracks the number of new business applications received by the U.S. Census Bureau from individuals in Massachusetts. It serves as a leading indicator of business formation and investment, which are key drivers of economic expansion.
Methodology
The data is collected through mandatory filings with the U.S. Census Bureau.
Historical Context
Trends in business applications are closely monitored by government agencies, investors, and analysts to gauge the health of the entrepreneurial ecosystem and broader economic conditions.
Key Facts
- Massachusetts business applications peaked in 2021.
- Application growth slowed in 2022 compared to previous years.
- High levels of new business formation can signal economic optimism.
FAQs
Q: What does this economic trend measure?
A: The 'Business Applications for Massachusetts' trend tracks the number of new business applications filed in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into entrepreneurial activity and economic growth, making it a key indicator monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through mandatory filings with the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in business applications are closely watched by government agencies, investors, and analysts to gauge the health of the entrepreneurial ecosystem and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is provided on a timely basis with minimal delays, making it a useful real-time indicator of economic activity.
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Citation
U.S. Federal Reserve, Business Applications for Massachusetts (BUSAPPWNSAMAYY), retrieved from FRED.