High-Propensity Business Applications for Wisconsin
HBUSAPPWNSAWIYY • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.03
Year-over-Year Change
-92.32%
Date Range
1/6/2007 - 8/2/2025
Summary
The High-Propensity Business Applications for Wisconsin measure the number of new business applications in the state that have a high chance of turning into businesses with payroll. This metric is a leading indicator of entrepreneurial activity and economic growth.
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 Wisconsin tracks the volume of new business applications filed in the state that have characteristics associated with a high probability of turning into businesses with paid employees. This metric helps economists and policymakers assess the entrepreneurial climate and predict future economic conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on administrative records of new business applications.
Historical Context
This economic indicator is used by government agencies, analysts, and businesses to monitor Wisconsin's entrepreneurial landscape and forecast economic trends.
Key Facts
- New business applications in Wisconsin peaked in 2020.
- High-propensity applications account for around one-third of total new business filings.
- Trends in this metric often precede changes in employment and GDP.
FAQs
Q: What does this economic trend measure?
A: The High-Propensity Business Applications for Wisconsin tracks the number of new business applications in the state that have a high likelihood of transitioning into employer businesses.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important leading indicator of entrepreneurial activity and economic growth in Wisconsin, helping policymakers and businesses anticipate future conditions.
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: Government agencies, analysts, and businesses use this indicator to monitor Wisconsin's entrepreneurial landscape and forecast economic trends.
Q: Are there update delays or limitations?
A: The High-Propensity Business Applications for Wisconsin data is published monthly with a lag of approximately 2 months.
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Citation
U.S. Federal Reserve, High-Propensity Business Applications for Wisconsin (HBUSAPPWNSAWIYY), retrieved from FRED.