Business Applications from Corporations for Alabama
CBUSAPPWNSAALYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
-86.36%
Date Range
1/6/2007 - 8/2/2025
Summary
This economic trend measures the number of new business applications filed by corporations in Alabama. It provides insight into entrepreneurial activity and business formation in the state.
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
The Business Applications from Corporations for Alabama metric tracks the volume of new corporate business registrations in the state. This data is used by economists and policymakers to analyze trends in entrepreneurship, economic growth, and the business climate.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
This metric is relevant for understanding the overall health and dynamism of Alabama's economy.
Key Facts
- Alabama ranked 24th in the U.S. for new business applications in 2022.
- Corporate applications make up around 40% of total new business filings in Alabama.
- Entrepreneurial activity in Alabama has trended upward since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Business Applications from Corporations for Alabama metric tracks the number of new corporate business registrations filed in the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into entrepreneurial activity, business formation, and the overall health of Alabama's economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze trends in business formation and to inform decisions related to economic development and growth strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting due to the time required for businesses to complete the registration process.
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Citation
U.S. Federal Reserve, Business Applications from Corporations for Alabama (CBUSAPPWNSAALYY), retrieved from FRED.