Business Applications with Planned Wages: Total for All NAICS in Arkansas
BAWBATOTALSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
356.00
Year-over-Year Change
-3.26%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend tracks the number of new business applications in Arkansas that include planned wages, providing insights into entrepreneurial activity and future economic growth.
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: Total for All NAICS in Arkansas series measures the monthly count of new business applications filed in Arkansas that indicate the business intends to hire employees and pay wages. This metric is closely watched by economists and policymakers as an early indicator of emerging economic and employment trends in the state.
Methodology
The data is collected by the U.S. Census Bureau from business application filings.
Historical Context
Economists and government officials use this trend to assess the health of Arkansas's entrepreneurial ecosystem and anticipate future economic conditions.
Key Facts
- Arkansas saw a record number of new business applications in 2021.
- The COVID-19 pandemic led to a spike in new business applications nationwide.
- Entrepreneurship is a key driver of job creation and economic dynamism.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the monthly number of new business applications filed in Arkansas that indicate the business intends to hire employees and pay wages.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as an early indicator of emerging economic and employment trends in Arkansas.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from business application filings.
Q: How is this trend used in economic policy?
A: Economists and government officials use this trend to assess the health of Arkansas's entrepreneurial ecosystem and anticipate future economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of several weeks.
Related Trends
All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Arkansas
SMU05000006056000001
Chain-Type Quantity Index for Real GDP: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Arkansas
ARSECCOMINVQGSP
90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Arkansas
PECIUB0T4AR05000A647NCEN
Construction Earnings in Arkansas
ARECON
Monthly State Retail Sales: Food and Beverage Stores in Arkansas
MSRSAR445
All Employees: Total Private in Arkansas
SMS05000000500000026
Citation
U.S. Federal Reserve, Business Applications with Planned Wages: Total for All NAICS in Arkansas (BAWBATOTALSAAR), retrieved from FRED.