Business Applications from Corporations for Midwest Census Region
CBUSAPPWNSAMW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,470.00
Year-over-Year Change
72.73%
Date Range
5/6/2006 - 6/28/2025
Summary
This economic trend measures the number of new business applications filed by corporations in the Midwest census region. It provides insight into entrepreneurial activity and economic dynamism 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 Midwest Census Region metric tracks the volume of corporate business applications submitted in the 12-state Midwest region. This data point is used by economists and policymakers to gauge regional entrepreneurship, market entry, and economic growth potential.
Methodology
The data is collected by the U.S. Census Bureau through business registration filings.
Historical Context
This metric helps inform assessments of Midwest economic conditions and policy decisions.
Key Facts
- The Midwest region includes 12 states: Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, Nebraska, North Dakota, Ohio, South Dakota, and Wisconsin.
- Business applications can indicate future employment and economic growth.
- Corporate applications make up about 30% of total business applications in the Midwest.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of new business applications filed by corporations in the 12-state Midwest census region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The volume of corporate business applications provides insight into entrepreneurial activity, market entry, and economic dynamism in the Midwest region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through corporate business registration filings.
Q: How is this trend used in economic policy?
A: This metric helps inform assessments of Midwest economic conditions and informs policy decisions by government, businesses, and investors.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for businesses to file registration paperwork.
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Citation
U.S. Federal Reserve, Business Applications from Corporations for Midwest Census Region (CBUSAPPWNSAMW), retrieved from FRED.