Seasonally Adjusted
BUSAPPSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,944.00
Year-over-Year Change
21.95%
Date Range
7/1/2004 - 10/1/2020
Summary
The Seasonally Adjusted Business Applications Index tracks new business applications in the United States. It is a key indicator of entrepreneurial activity and economic dynamism.
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 Seasonally Adjusted Business Applications Index is published weekly by the U.S. Census Bureau. It provides a timely measure of new business formations, which are an important driver of job creation and economic growth.
Methodology
The index is calculated based on applications for new Employer Identification Numbers (EINs) submitted to the Internal Revenue Service.
Historical Context
Policymakers and analysts closely monitor this index to assess the health of the entrepreneurial sector and the broader economy.
Key Facts
- The index is published weekly, providing timely data on new business formations.
- New business applications are a leading indicator of future job creation and economic growth.
- The index is seasonally adjusted to account for typical fluctuations in business formation throughout the year.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Business Applications Index tracks new business applications in the United States, providing a timely measure of entrepreneurial activity and economic dynamism.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of the health of the entrepreneurial sector and the broader economy, as new business formations are a leading driver of job creation and economic growth.
Q: How is this data collected or calculated?
A: The index is calculated based on applications for new Employer Identification Numbers (EINs) submitted to the Internal Revenue Service.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this index to assess the state of the entrepreneurial ecosystem and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The index is published weekly, providing timely data on new business formations. However, there may be some delays in the reporting of the underlying EIN application data.
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Citation
U.S. Census Bureau, Seasonally Adjusted Business Applications (BUSAPPSAHI), retrieved from FRED.