Federal Reserve Economic Data

Business Applications with Planned Wages: Administrative and Support in the United States (BAWBANAICS56SAUS)

Mar 2025: 3,683
Updated: Apr 10, 2025 11:06 AM CDT
Mar 2025:  3,683  
Feb 2025:  3,640  
Jan 2025:  3,474  
Dec 2024:  4,029  
Nov 2024:  3,651  
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Units:

Number,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Seasonally Adjusted

Frequency:  Monthly

Notes:

High-Propensity Business Applications (HBA) that indicate a first wages-paid date on the IRS Form SS-4. The indication of a wages-paid date is associated with a high likelihood of transitioning into a business with payroll.

See the U.S. Census's FAQs for more details.

Suggested Citation:

U.S. Census Bureau, Business Applications with Planned Wages: Administrative and Support in the United States [BAWBANAICS56SAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBANAICS56SAUS, .

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