Business Applications from Corporations for Idaho
CBUSAPPWNSAIDYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
-100.00%
Date Range
1/6/2007 - 8/2/2025
Summary
The 'Business Applications from Corporations for Idaho' trend tracks the number of new business applications filed by corporations in the state of Idaho. This metric is closely watched by economists and policymakers as an 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
This series measures the number of new applications for employer identification numbers (EINs) from corporations based in Idaho. It serves as a leading indicator of new business formation and investment in the state's economy.
Methodology
The data is collected and published monthly by the U.S. Census Bureau.
Historical Context
Trends in business applications are used by analysts to assess the health of entrepreneurship and gauge the business climate in a given state or region.
Key Facts
- Idaho ranked 12th nationally for new business applications in 2021.
- Applications peaked in 2020 during the COVID-19 pandemic.
- The trend has shown steady growth since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new business applications filed by corporations headquartered in the state of Idaho. It is an indicator of entrepreneurial activity and business formation in the state.
Q: Why is this trend relevant for users or analysts?
A: Trends in business applications are closely monitored by economists, policymakers, and market analysts as a leading indicator of economic conditions and the health of entrepreneurship in a given state or region.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Census Bureau based on new applications for employer identification numbers (EINs) from corporations in Idaho.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this data to assess the business climate and entrepreneurial environment in Idaho, informing decisions on taxes, regulations, and programs to support new business formation.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, so the most recent figures may not fully reflect the current economic conditions. Additionally, the data only captures applications from corporations, not other business entities.
Related Trends
All Employees: Professional and Business Services: Architectural, Engineering, and Related Services in Idaho
SMU16000006054130001
Gross Domestic Product: Administrative and Support and Waste Management and Remediation Services (56) in Idaho
IDADMINWASTNQGSP
All Employees: Transportation and Utilities: Transportation and Warehousing in Idaho
SMU16000004340008901
Chain-Type Quantity Index for Real GDP: Professional, Scientific, and Technical Services (54) in Idaho
IDPROSCITCHQGSP
Chain-Type Quantity Index for Real GDP: Real Estate and Rental and Leasing (53) in Idaho
IDRERENTLEAQGSP
Real Gross Domestic Product: Broadcasting (Except Internet) and Telecommunications (515, 517) in Idaho
IDBRDTELERGSP
Citation
U.S. Federal Reserve, Business Applications from Corporations for Idaho (CBUSAPPWNSAIDYY), retrieved from FRED.