Federal Reserve Economic Data

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

Title High-Propensity Business Applications for Minnesota (DISCONTINUED)
Series ID HPBUSAPPNSAMN
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 BAHBATOTALNSAMN 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 4773
2004-10-01 4732
2005-01-01 6315
2005-04-01 6049
2005-07-01 4989
2005-10-01 5191
2006-01-01 6726
2006-04-01 6248
2006-07-01 4776
2006-10-01 4899
2007-01-01 6492
2007-04-01 6001
2007-07-01 4845
2007-10-01 4507
2008-01-01 5352
2008-04-01 4902
2008-07-01 4061
2008-10-01 4230
2009-01-01 6372
2009-04-01 4880
2009-07-01 3900
2009-10-01 3630
2010-01-01 4760
2010-04-01 4428
2010-07-01 3612
2010-10-01 3591
2011-01-01 4837
2011-04-01 4182
2011-07-01 3415
2011-10-01 3610
2012-01-01 4610
2012-04-01 4076
2012-07-01 3460
2012-10-01 3663
2013-01-01 4542
2013-04-01 4005
2013-07-01 3478
2013-10-01 3446
2014-01-01 4604
2014-04-01 4007
2014-07-01 3511
2014-10-01 3534
2015-01-01 4719
2015-04-01 3996
2015-07-01 3299
2015-10-01 3230
2016-01-01 4850
2016-04-01 3785
2016-07-01 3547
2016-10-01 3371
2017-01-01 4741
2017-04-01 4123
2017-07-01 3643
2017-10-01 3408
2018-01-01 4885
2018-04-01 4242
2018-07-01 3638
2018-10-01 3457
2019-01-01 4391
2019-04-01 4306
2019-07-01 3764
2019-10-01 3553
2020-01-01 4589
2020-04-01 3915
2020-07-01 5765
2020-10-01 4060

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