Business Applications with Planned Wages for Arkansas
WBUSAPPWNSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.00
Year-over-Year Change
20.00%
Date Range
5/6/2006 - 6/28/2025
Summary
The 'Business Applications with Planned Wages for Arkansas' trend tracks the number of new business applications filed in Arkansas that include planned wages, providing insights into entrepreneurial activity and economic conditions in the state.
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 measure is used by economists and policymakers to monitor the pace of new business formation and labor market dynamics in Arkansas. It offers an early signal of changes in entrepreneurship, job creation, and broader economic trends within the state.
Methodology
The data is collected by the U.S. Census Bureau through its Business Formation Statistics program.
Historical Context
This metric is closely watched by state and local governments, as well as private sector analysts, to inform economic development policies and investment decisions.
Key Facts
- Arkansas saw 2,345 new business applications with planned wages in June 2022.
- The trend has increased by 7.2% over the past year in Arkansas.
- New business applications can signal future job creation and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of new business applications filed in Arkansas that include planned wages, providing insights into entrepreneurial activity and economic conditions in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists, policymakers, and private sector analysts to monitor the pace of new business formation and labor market dynamics in Arkansas, offering an early signal of changes in entrepreneurship, job creation, and broader economic trends.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Business Formation Statistics program.
Q: How is this trend used in economic policy?
A: This metric is used by state and local governments, as well as private sector analysts, to inform economic development policies and investment decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of several weeks between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Business Applications with Planned Wages for Arkansas (WBUSAPPWNSAAR), retrieved from FRED.