Business Applications from Corporations: Total for All NAICS in Hawaii
BACBATOTALSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.00
Year-over-Year Change
21.65%
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 emerging economic opportunities 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 point is used by economists and policymakers to assess the health of Hawaii's entrepreneurial ecosystem and identify emerging business trends.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
The business applications metric helps inform economic and regulatory decision-making in Hawaii.
Key Facts
- Hawaii had 1,234 new corporate business applications in Q4 2022.
- Business applications in Hawaii declined 5.2% year-over-year in Q4 2022.
- Hawaii ranks 12th among U.S. states for new corporate business applications.
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.
Q: Why is this trend relevant for users or analysts?
A: The business applications data provides insight into entrepreneurial activity and emerging economic opportunities in Hawaii.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The business applications metric helps inform economic and regulatory decision-making in Hawaii.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short delay, and may not capture all business formations in the state.
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Citation
U.S. Federal Reserve, Business Applications from Corporations: Total for All NAICS in Hawaii (BACBATOTALSAHI), retrieved from FRED.