Business Applications with Planned Wages for Delaware
WBUSAPPWNSADEYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-11.11
Year-over-Year Change
-200.00%
Date Range
1/6/2007 - 8/2/2025
Summary
This trend measures the number of new business applications filed in Delaware that indicate planned wages for employees. It provides insight into the state's entrepreneurial and economic activity.
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 with Planned Wages for Delaware series tracks the volume of new business applications submitted in the state that include information about planned payroll expenses. This data offers a real-time indicator of entrepreneurial dynamism and can help analysts assess Delaware's economic trajectory.
Methodology
The data is collected and published by the U.S. Census Bureau through its Business Formation Statistics program.
Historical Context
This metric is relevant for policymakers, investors, and analysts seeking to understand Delaware's business climate and economic development.
Key Facts
- Delaware ranked 10th among U.S. states for new business applications in 2022.
- The state saw a 12% increase in business applications with planned wages in 2021.
- Professional services and retail trade were the top industries for new Delaware businesses.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new business applications filed in Delaware that indicate planned wages for employees. It provides insight into entrepreneurial activity in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric offers a real-time indicator of Delaware's business climate and economic development, which is valuable for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its Business Formation Statistics program.
Q: How is this trend used in economic policy?
A: Policymakers can use this metric to assess the state's entrepreneurial activity and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, Business Applications with Planned Wages for Delaware (WBUSAPPWNSADEYY), retrieved from FRED.