Business Applications with Planned Wages for Wisconsin
WBUSAPPWNSAWI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110.00
Year-over-Year Change
-35.29%
Date Range
6/10/2006 - 8/2/2025
Summary
This economic trend measures the number of new business applications in Wisconsin that indicate planned wages. It provides insight into entrepreneurial activity and labor market trends 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 with Planned Wages series tracks new business applications filed in Wisconsin that include projected payroll information. This data offers an early signal of emerging entrepreneurial activity and potential job creation in the state.
Methodology
The data is collected by the U.S. Census Bureau from new business applications submitted to state administrations.
Historical Context
This trend is used by economists and policymakers to monitor the health of Wisconsin's small business sector and labor market.
Key Facts
- Wisconsin saw a record number of new business applications in 2021.
- The majority of new Wisconsin businesses plan to hire 1-4 employees initially.
- Applications with planned wages account for around 30% of total new business filings in the state.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new business applications filed in Wisconsin that include projected payroll information, providing insight into entrepreneurial activity and job creation in the state.
Q: Why is this trend relevant for users or analysts?
A: This data offers an early indicator of emerging small business formation and potential labor market trends in Wisconsin, which is valuable for economists, policymakers, and business analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from new business applications submitted to state administrations.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the health of Wisconsin's small business sector and labor market, which can inform decisions around economic development initiatives and workforce policies.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data, and the information is limited to new business applications filed in Wisconsin.
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Citation
U.S. Federal Reserve, Business Applications with Planned Wages for Wisconsin (WBUSAPPWNSAWI), retrieved from FRED.