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Business Applications
New business applications filed each month.
531K
Number · latest, Jun 2026
vs prior month▲ 1.1%
vs year ago▲ 15.6%
| Year | Business Applications |
|---|---|
| 2004 | 194K |
| 2005 | 234K |
| 2006 | 248K |
| 2007 | 246K |
| 2008 | 187K |
| 2009 | 201K |
| 2010 | 206K |
| 2011 | 229K |
| 2012 | 275K |
| 2013 | 228K |
| 2014 | 206K |
| 2015 | 226K |
| 2016 | 261K |
| 2017 | 269K |
| 2018 | 299K |
| 2019 | 315K |
| 2020 | 352K |
| 2021 | 428K |
| 2022 | 424K |
| 2023 | 454K |
| 2024 | 464K |
| 2025 | 496K |
| 2026 | 531K |
Hover the line to read any month. Drag across the chart to zoom; double-click to reset.
Source: FRED · BABATOTALSAUS · series · Jul 2004 to Jun 2026 · latest-revised
Refreshed Jul 31, 2026 from FRED.
New business applications filed each month.
New business applications filed each month (Census Business Formation Statistics).
Source: FRED · Jun 2026 · Full lesson → Learn
About the bands. Shaded spans are NBER-dated US recessions, drawn as factual overlays. They mark when the economy contracted, not why. Lining an event up with a move is not evidence it caused the move.