Federal Reserve Economic Data

Table Data - High-Propensity Business Applications for Michigan (DISCONTINUED)

Title High-Propensity Business Applications for Michigan (DISCONTINUED)
Series ID HPBUSAPPNSAMI
Source U.S. Census Bureau
Release Business Formation Statistics
Seasonal Adjustment Not Seasonally Adjusted
Frequency Quarterly
Units Number
Date Range 2004-07-01 to 2020-10-01
Last Updated 2021-01-14 11:03 AM CST
Notes The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BAHBATOTALNSAMI for an alternative.

Business Applications (BA) that have a high propensity of turning into businesses with payroll. The identification of high-propensity applications is based on the characteristics of applications revealed on the IRS Form SS-4 that are associated with a high rate of business formation. High-propensity applications include applications: (a) for a corporate entity, (b) that indicate they are hiring employees, purchasing a business or changing organizational type, (c) that provide a first wages-paid date (planned wages); or (d) that have a NAICS industry code in manufacturing (31-33), retail stores (44), health care (62), or restaurants/food service (72).
DATE VALUE
2004-07-01 9437
2004-10-01 9453
2005-01-01 11207
2005-04-01 11383
2005-07-01 9619
2005-10-01 9793
2006-01-01 11660
2006-04-01 11543
2006-07-01 9928
2006-10-01 10362
2007-01-01 12135
2007-04-01 11668
2007-07-01 10257
2007-10-01 8938
2008-01-01 9919
2008-04-01 9779
2008-07-01 8406
2008-10-01 8424
2009-01-01 9433
2009-04-01 8633
2009-07-01 7870
2009-10-01 7377
2010-01-01 9385
2010-04-01 8532
2010-07-01 7594
2010-10-01 7548
2011-01-01 9424
2011-04-01 8649
2011-07-01 7371
2011-10-01 7357
2012-01-01 8803
2012-04-01 8269
2012-07-01 6927
2012-10-01 7462
2013-01-01 8692
2013-04-01 7947
2013-07-01 7054
2013-10-01 6755
2014-01-01 8228
2014-04-01 7997
2014-07-01 6941
2014-10-01 7105
2015-01-01 8841
2015-04-01 7807
2015-07-01 6800
2015-10-01 6365
2016-01-01 9022
2016-04-01 7861
2016-07-01 7357
2016-10-01 6411
2017-01-01 9069
2017-04-01 8186
2017-07-01 7146
2017-10-01 6656
2018-01-01 9795
2018-04-01 8627
2018-07-01 7470
2018-10-01 6900
2019-01-01 9023
2019-04-01 8542
2019-07-01 7191
2019-10-01 6903
2020-01-01 8517
2020-04-01 7465
2020-07-01 15658
2020-10-01 8892

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