Business Applications from Corporations for Northeast Census Region
CBUSAPPWNSANER • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,060.00
Year-over-Year Change
16.35%
Date Range
5/6/2006 - 6/28/2025
Summary
The 'Business Applications from Corporations for Northeast Census Region' trend measures the number of new business applications filed by corporations in the Northeast region of the United States. This data provides insight into entrepreneurial activity and economic dynamism in the region.
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 total number of new business applications filed by corporations located in the Northeast Census Region, which includes Connecticut, Maine, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. The data offers a leading indicator of business formation and economic growth in the region.
Methodology
The data is collected and reported by the U.S. Census Bureau based on administrative records of new business applications.
Historical Context
Policymakers and analysts use this data to assess regional economic conditions and monitor trends in entrepreneurship.
Key Facts
- The Northeast accounts for over 20% of total U.S. business applications.
- Business applications in the Northeast have grown steadily since 2010.
- The COVID-19 pandemic caused a temporary decline in Northeast business applications in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of new business applications filed by corporations located in the Northeast Census Region of the United States.
Q: Why is this trend relevant for users or analysts?
A: The business application data provides insight into entrepreneurial activity and economic dynamism in the Northeast region, which is useful for policymakers and analysts monitoring regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records of new business applications.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess regional economic conditions and monitor trends in entrepreneurship, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but there may be a lag of several weeks between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Business Applications from Corporations for Northeast Census Region (CBUSAPPWNSANER), retrieved from FRED.