Business Applications with Planned Wages for Hawaii
WBUSAPPWNSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.00
Year-over-Year Change
-25.00%
Date Range
6/10/2006 - 8/2/2025
Summary
The 'Business Applications with Planned Wages for Hawaii' trend measures the number of new business applications in Hawaii that indicate planned wages for employees. This metric provides insight into business formation and economic activity 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
This series tracks the number of new business applications filed in Hawaii that include information about planned wages for employees. It serves as an early indicator of entrepreneurial activity and economic growth potential within the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to monitor the business climate and outlook in Hawaii.
Key Facts
- Hawaii saw a 20% increase in business applications with planned wages in 2021.
- New business applications with wages are a leading indicator of future employment growth.
- The trend reflects entrepreneurial dynamism and the business climate in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new business applications filed in Hawaii that include information about planned wages for employees.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into entrepreneurial activity and the business climate in Hawaii, serving as an early indicator of economic growth potential in the state.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the business environment and outlook in Hawaii, informing economic development strategies and decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular basis by the Census Bureau, but there may be some delays in availability.
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Citation
U.S. Federal Reserve, Business Applications with Planned Wages for Hawaii (WBUSAPPWNSAHI), retrieved from FRED.