Observation:
Oct 2024: 1,044 (+ more) Updated: Nov 14, 2024 11:06 AM CSTOct 2024: | 1,044 | |
Sep 2024: | 918 | |
Aug 2024: | 958 | |
Jul 2024: | 1,208 | |
Jun 2024: | 967 | |
View All |
Units:
Number,Frequency:
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Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Not Seasonally Adjusted
Frequency: Monthly
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.
U.S. Census Bureau, Business Applications with Planned Wages: Total for All NAICS in Michigan [BAWBATOTALNSAMI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BAWBATOTALNSAMI, .