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Title:               High-Propensity Business Applications for Massachusetts (DISCONTINUED)
Series ID:           HPBUSAPPSAMA
Source:              U.S. Census Bureau
Release:             Business Formation Statistics
Seasonal Adjustment: Seasonally Adjusted
Frequency:           Quarterly
Units:               Number
Date Range:          2004-07-01 to 2020-10-01
Last Updated:        2021-01-14 11:02 AM CST
Notes:               The Business Formation Statistics are now released on a monthly basis,
                     and the quarterly series will no longer be updated. See BAHBATOTALSAMA
                     (https://fred.stlouisfed.org/series/BAHBATOTALSAMA) 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  6100
2004-10-01  6075
2005-01-01  6362
2005-04-01  6524
2005-07-01  6700
2005-10-01  6636
2006-01-01  6655
2006-04-01  6391
2006-07-01  6147
2006-10-01  6395
2007-01-01  6298
2007-04-01  6270
2007-07-01  6163
2007-10-01  5669
2008-01-01  5135
2008-04-01  5311
2008-07-01  5170
2008-10-01  5116
2009-01-01  4827
2009-04-01  4863
2009-07-01  4931
2009-10-01  5080
2010-01-01  5290
2010-04-01  5198
2010-07-01  5140
2010-10-01  5011
2011-01-01  5243
2011-04-01  5326
2011-07-01  5203
2011-10-01  5144
2012-01-01  5258
2012-04-01  5159
2012-07-01  5173
2012-10-01  5473
2013-01-01  5361
2013-04-01  5340
2013-07-01  5626
2013-10-01  5763
2014-01-01  5495
2014-04-01  5600
2014-07-01  5609
2014-10-01  5991
2015-01-01  5627
2015-04-01  5772
2015-07-01  5758
2015-10-01  5765
2016-01-01  6021
2016-04-01  5699
2016-07-01  5969
2016-10-01  5841
2017-01-01  6005
2017-04-01  5857
2017-07-01  5905
2017-10-01  5910
2018-01-01  6203
2018-04-01  6234
2018-07-01  6085
2018-10-01  5980
2019-01-01  5996
2019-04-01  6103
2019-07-01  5820
2019-10-01  5785
2020-01-01  5780
2020-04-01  4405
2020-07-01  8116
2020-10-01  6641