Business Applications for Midwest Census Region
Number
BUSAPPWNSAMW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,740.00
Year-over-Year Change
-2.29%
Date Range
5/6/2006 - 6/28/2025
Summary
The Number series measures the total number of business applications filed in the United States, providing insights into entrepreneurial activity and economic conditions.
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 Number series tracks new business applications, which are a leading indicator of future employment and economic growth. Economists and policymakers monitor this data to assess the health and dynamism of the U.S. business landscape.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
The Number series is widely used to inform economic policy decisions and market analysis.
Key Facts
- The Number series reached a record high in 2021.
- Business applications declined during the COVID-19 pandemic but have since rebounded.
- Trends in the Number series often precede changes in employment and GDP growth.
FAQs
Q: What does this economic trend measure?
A: The Number series measures the total number of new business applications filed in the United States, providing insights into entrepreneurial activity and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: The Number series is a leading indicator of future employment and economic growth, making it a crucial data point for economists, policymakers, and market analysts.
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 Number series is widely used to inform economic policy decisions and market analysis, as it provides insights into the health and dynamism of the U.S. business landscape.
Q: Are there update delays or limitations?
A: The Number series is updated regularly by the U.S. Census Bureau, with minimal delays. However, there may be some limitations in capturing all new business applications, particularly in certain sectors or regions.
Related Trends
Business Formations Within Eight Quarters: Total for All NAICS in Midwest Census Region
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New Privately Owned Housing Completions by Purpose of Construction, Built for Sale Total One-Family Units in the Midwest Census Region
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Citation
U.S. Federal Reserve, Number (BUSAPPWNSAMW), retrieved from FRED.