Observation:
Q4 2020: 664 (+ more) Updated: Jan 14, 2021 11:02 AM CSTQ4 2020: | 664 | |
Q3 2020: | 799 | |
Q2 2020: | 503 | |
Q1 2020: | 627 | |
Q4 2019: | 641 | |
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Units:
Number,Frequency:
QuarterlyData in this graph are copyrighted. Please review the copyright information in the series notes before sharing.
Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number, Seasonally Adjusted
Frequency: Quarterly
The Business Formation Statistics are now released on a monthly basis, and the quarterly series will no longer be updated. See BAHBATOTALSASD 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).
U.S. Census Bureau, High-Propensity Business Applications for South Dakota (DISCONTINUED) [HPBUSAPPSASD], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/HPBUSAPPSASD, .