Release: Business Formation Statistics Link: https://alfred.stlouisfed.org/release?rid=443 ALFRED (ArchivaL Federal Reserve Economic Data) Economic Research Division Federal Reserve Bank of St. Louis File Created: 2024-05-18 7:08 AM CDT Release Dates Name Start End -------------------------------------------------------------------------------------------------- Business Formation Statistics 2018-02-14 2024-05-09 Link -------------------------------------------------------------------------------------------------- https://www.census.gov/econ/bfs/index.html 2018-02-14 2024-05-09 Source -------------------------------------------------------------------------------------------------- U.S. Census Bureau 2018-02-14 2024-05-09 Notes -------------------------------------------------------------------------------------------------- The Business Formation Statistics (BFS) are a product of the U.S. 2018-02-14 2021-02-09 Census Bureau developed in research collaboration with economists affiliated with Board of Governors of the Federal Reserve System, Federal Reserve Bank of Atlanta, University of Maryland, and University of Notre Dame. The Business Formation Statistics (BFS) provide timely and high frequency data on business applications and employer business formations. The BFS measure business initiation activity (Business Application Series) as indicated by applications for an Employer Identification Number (EIN) on the IRS Form SS-4. The BFS also provide information on actual and projected employer business formations (Business Formation Series) that originate from these applications, based on the record of first payroll tax liability for an EIN. In addition, the BFS contain measures of delay in business starts as indicated by the average duration between the application for an EIN and the transition to an employer business. The BFS currently cover the period starting from the third quarter of 2004 (2004q3) onwards at a quarterly frequency. The data are available nationally and by individual states. The Business Formation Statistics (BFS) are a product of the U.S. 2021-02-10 2024-05-09 Census Bureau developed in research collaboration with economists affiliated with Board of Governors of the Federal Reserve System, Federal Reserve Bank of Atlanta, University of Maryland, and University of Notre Dame. The Business Formation Statistics (BFS) provide timely and high frequency data on business applications and employer business formations. The BFS measure business initiation activity (Business Application Series) as indicated by applications for an Employer Identification Number (EIN) on the IRS Form SS-4. The BFS also provide information on actual and projected employer business formations (Business Formation Series) that originate from these applications, based on the record of first payroll tax liability for an EIN. In addition, the BFS contain measures of delay in business starts as indicated by the average duration between the application for an EIN and the transition to an employer business. The BFS have data starting July 2004 at a monthly frequency. The data are available nationally, by individual states, and by U.S. Census Regions. Data are also available by two-digit NAICS codes for the nation. Release Dates Notes: Release dates are determined by the following process: When available, the actual release date as provided by the source is entered into the ALFRED database. If a release date is not available from the source, the release date given by our data providers is used. If a release date cannot be determined either from the source or from our data providers, the date that the series was first available in the St. Louis Fed's FRED database is used. The release date list contains the dates when any series from this release was revised. Note that all series from a release do not necessarily revise on every release date. Release Dates: 2018-02-14 2018-03-16 2018-05-31 2018-08-24 2018-11-30 2019-03-06 2019-07-17 2019-10-16 2020-01-15 2020-04-15 2020-07-15 2020-10-14 2021-01-14 2021-02-10 2021-03-10 2021-04-14 2021-05-12 2021-06-10 2021-07-15 2021-08-11 2021-09-09 2021-10-14 2021-11-10 2021-12-08 2022-01-12 2022-02-14 2022-03-09 2022-04-13 2022-05-11 2022-06-09 2022-07-14 2022-08-11 2022-09-14 2022-10-13 2022-11-10 2022-12-14 2023-01-17 2023-02-10 2023-03-10 2023-04-17 2023-05-12 2023-06-20 2023-07-17 2023-08-11 2023-09-18 2023-10-16 2023-11-13 2023-12-18 2024-01-11 2024-02-14 2024-03-12 2024-04-11 2024-05-09