Federal Reserve Economic Data

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

Title High-Propensity Business Applications for Minnesota (DISCONTINUED)
Series ID HPBUSAPPSAMN
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 11:03 AM CST
Notes The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BAHBATOTALSAMN 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 5471
2004-10-01 5362
2005-01-01 5437
2005-04-01 5584
2005-07-01 5715
2005-10-01 5880
2006-01-01 5793
2006-04-01 5773
2006-07-01 5462
2006-10-01 5549
2007-01-01 5592
2007-04-01 5553
2007-07-01 5534
2007-10-01 5104
2008-01-01 4603
2008-04-01 4553
2008-07-01 4627
2008-10-01 4792
2009-01-01 5463
2009-04-01 4557
2009-07-01 4439
2009-10-01 4104
2010-01-01 4069
2010-04-01 4161
2010-07-01 4102
2010-10-01 4053
2011-01-01 4121
2011-04-01 3956
2011-07-01 3874
2011-10-01 4067
2012-01-01 3912
2012-04-01 3883
2012-07-01 3915
2012-10-01 4130
2013-01-01 3838
2013-04-01 3838
2013-07-01 3921
2013-10-01 3897
2014-01-01 3878
2014-04-01 3855
2014-07-01 3935
2014-10-01 4026
2015-01-01 3962
2015-04-01 3852
2015-07-01 3675
2015-10-01 3709
2016-01-01 4066
2016-04-01 3644
2016-07-01 3934
2016-10-01 3895
2017-01-01 3979
2017-04-01 3958
2017-07-01 4031
2017-10-01 3913
2018-01-01 4057
2018-04-01 4004
2018-07-01 3975
2018-10-01 4005
2019-01-01 3730
2019-04-01 4186
2019-07-01 4114
2019-10-01 3992
2020-01-01 3907
2020-04-01 3851
2020-07-01 6289
2020-10-01 4523

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