High-Propensity Business Applications for Colorado
HBUSAPPWNSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,420.00
Year-over-Year Change
39.22%
Date Range
5/6/2006 - 6/28/2025
Summary
The High-Propensity Business Applications for Colorado metric tracks the number of new business applications in the state that have a high likelihood of turning into businesses with payroll. This provides insight into 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 High-Propensity Business Applications for Colorado series measures the number of new business applications filed in the state that indicate a high propensity to become employer businesses. This metric is used by economists and policymakers to gauge entrepreneurial vitality and the potential for future economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on administrative records of new business applications.
Historical Context
Trends in high-propensity business applications are closely monitored by economic analysts and policymakers to assess the state's business climate and outlook.
Key Facts
- Colorado ranked 12th nationally for high-propensity business applications in 2021.
- Applications peaked in 2020 during the COVID-19 pandemic.
- High-propensity applications account for about 25% of total new business filings in Colorado.
FAQs
Q: What does this economic trend measure?
A: The High-Propensity Business Applications for Colorado metric tracks new business applications in the state that have a high likelihood of turning into employer businesses.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into entrepreneurial activity and the potential for future economic growth in Colorado.
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: Trends in high-propensity business applications are closely monitored by economic analysts and policymakers to assess the state's business climate and outlook.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several weeks.
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Transportation Carbon Dioxide Emissions, Residential for Colorado
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Number of Civilians Unemployed for 15 Weeks or Longer for Colorado
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Coefficient for Electric Power Carbon Dioxide Emissions, Residual Fuel for Colorado
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Citation
U.S. Federal Reserve, High-Propensity Business Applications for Colorado (HBUSAPPWNSACO), retrieved from FRED.