Business Applications from Corporations: Total for All NAICS in Hawaii
BACBATOTALNSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.00
Year-over-Year Change
18.27%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the total number of new business applications from corporations in Hawaii across all industries. It provides insight into entrepreneurial activity and economic dynamism 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 from Corporations: Total for All NAICS in Hawaii metric tracks the number of new corporate business applications filed in Hawaii. This data offers a real-time indicator of entrepreneurial and investment trends in the state's economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to monitor economic conditions and business formation in Hawaii.
Key Facts
- Hawaii saw 2,258 new corporate business applications in July 2022.
- New business applications in Hawaii peaked in March 2021 at 3,081.
- The 12-month moving average of Hawaii's corporate business applications was 2,472 as of July 2022.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new business applications filed by corporations in Hawaii across all industries and sectors.
Q: Why is this trend relevant for users or analysts?
A: This data provides a real-time indicator of entrepreneurial activity and business formation in Hawaii, which is a key driver of economic growth and dynamism.
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 economic conditions and business formation in Hawaii, which can inform decisions around economic development, taxation, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of several weeks, so it may not reflect the most up-to-date economic conditions in Hawaii.
Related Trends
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Hawaii
HIGOVQGSP
All Employees: Real Estate and Rental and Leasing in Hawaii
SMU15000005553000001A
Business Formations Within Four Quarters: Total for All NAICS in Hawaii
BFBF4QTOTALNSAHI
Real Per Capita Personal Income for Hawaii
HIRPIPC
Average Weekly Hours of Production Employees: Wholesale Trade in Hawaii
SMU15000004100000007
Average Weekly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000030
Citation
U.S. Federal Reserve, Business Applications from Corporations: Total for All NAICS in Hawaii (BACBATOTALNSAHI), retrieved from FRED.