Business Applications from Corporations for Arizona
CBUSAPPWNSAAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160.00
Year-over-Year Change
-33.33%
Date Range
6/10/2006 - 8/2/2025
Summary
This economic trend tracks the number of new business applications from corporations filed in the state of Arizona. It provides insights into entrepreneurial activity and business formation in the region.
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 Arizona metric measures the volume of new corporate business applications submitted to state authorities. It is a leading indicator of future business and economic growth, as new company formations often precede increased investment, hiring, and economic output.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to gauge the entrepreneurial climate and business dynamism in Arizona.
Key Facts
- Arizona ranked 8th among U.S. states for new business applications in 2022.
- Corporate applications made up 24% of total new business filings in Arizona.
- New business applications in Arizona grew by 12% year-over-year as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new business applications filed by corporations in the state of Arizona. It provides insights into entrepreneurial activity and business formation in the region.
Q: Why is this trend relevant for users or analysts?
A: The Business Applications from Corporations for Arizona indicator is a leading measure of future economic growth, as new company formations often precede increased investment, hiring, and economic output.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge the entrepreneurial climate and business dynamism in Arizona, which can inform economic development strategies and decisions.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Census Bureau, Business Applications from Corporations for Arizona (CBUSAPPWNSAAZ), retrieved from FRED.