Business Applications for Missouri
Percent Change from Year Ago
BUSAPPWNSAMOYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.41
Year-over-Year Change
-236.97%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Percent Change from Year Ago' trend measures the year-over-year change in the U.S. Business Applications: Total for All Industries, Seasonally Adjusted. This indicator is closely watched by economists to gauge the health and growth of new business formation.
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
This series tracks the percent change in new business applications over the past 12 months, providing insight into entrepreneurial activity and economic dynamism. It is a valuable leading indicator for policymakers and analysts monitoring the business cycle and assessing the strength of the broader economy.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on administrative records of new business applications.
Historical Context
This metric is widely used to inform economic policy and investment decisions.
Key Facts
- New business applications grew 21.5% year-over-year in 2021.
- The indicator reached an all-time high in 2020 during the COVID-19 pandemic.
- Startup activity is a key driver of job creation and innovation in the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The 'Percent Change from Year Ago' tracks the year-over-year change in new business applications in the United States, providing insight into entrepreneurial activity and economic dynamism.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and investors as an important leading indicator of the health and growth of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on administrative records of new business applications.
Q: How is this trend used in economic policy?
A: This indicator informs economic policy decisions and investment strategies, as it provides insight into entrepreneurial activity and the strength of the business cycle.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 months. There are no major limitations in the coverage or methodology of this series.
Related Trends
Gross Domestic Product: Mining, Quarrying, and Oil and Gas Extraction (21) in Missouri
MOMINNQGSP
All Employees: Transportation and Utilities: Truck Transportation in Missouri
SMU29000004348400001
Value of Exports to Norway from Missouri
MONORA052SCEN
90% Confidence Interval Lower Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Missouri
PPCILB5T17MO29000A156NCEN
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Missouri
MOGOVQGSP
All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Missouri
SMU29000003133200001
Citation
U.S. Federal Reserve, Percent Change from Year Ago (BUSAPPWNSAMOYY), retrieved from FRED.