Federal Reserve Economic Data

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

Title High-Propensity Business Applications for Michigan (DISCONTINUED)
Series ID HPBUSAPPSAMI
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 BAHBATOTALSAMI 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 10326
2004-10-01 10117
2005-01-01 10303
2005-04-01 10703
2005-07-01 10525
2005-10-01 10467
2006-01-01 10718
2006-04-01 10874
2006-07-01 10859
2006-10-01 11067
2007-01-01 11120
2007-04-01 11046
2007-07-01 11205
2007-10-01 9558
2008-01-01 9034
2008-04-01 9312
2008-07-01 9172
2008-10-01 9035
2009-01-01 8537
2009-04-01 8252
2009-07-01 8583
2009-10-01 7951
2010-01-01 8438
2010-04-01 8173
2010-07-01 8277
2010-10-01 8189
2011-01-01 8431
2011-04-01 8275
2011-07-01 8044
2011-10-01 8030
2012-01-01 7837
2012-04-01 7902
2012-07-01 7563
2012-10-01 8206
2013-01-01 7699
2013-04-01 7585
2013-07-01 7692
2013-10-01 7512
2014-01-01 7232
2014-04-01 7635
2014-07-01 7541
2014-10-01 8032
2015-01-01 7686
2015-04-01 7457
2015-07-01 7369
2015-10-01 7309
2016-01-01 7773
2016-04-01 7496
2016-07-01 7965
2016-10-01 7461
2017-01-01 7763
2017-04-01 7783
2017-07-01 7738
2017-10-01 7777
2018-01-01 8303
2018-04-01 8077
2018-07-01 8095
2018-10-01 8036
2019-01-01 7820
2019-04-01 8178
2019-07-01 7783
2019-10-01 7890
2020-01-01 7369
2020-04-01 7153
2020-07-01 16956
2020-10-01 10080

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