5.64M
2025 (latest)
NEW BUSINESS APPLICATIONS
applications per year · 2005–2025 · higher is better · FRED BABATOTALSAUS
2.50M
2005
5.64M
high · 2025
2.43M
low · 2009
+125%
since 2005
┊ dashed lines mark 2008 Global financial crisis · 2020 COVID-19 pandemic
Method & caveats. Census Business Formation Statistics; tracking began July 2004, so the series starts 2005. Partial years excluded.
Sources
Every value on this page is read from the publisher below. Current and historical source documents:
- https://fred.stlouisfed.org/series/BABATOTALSAUS
- https://github.com/danielmiessler/substrate/tree/main/Data/US-Long-Run-Indicators
Data
| Year | New Business Applications | Change |
|---|---|---|
| 2025 | 5.64M | +7% |
| 2024 | 5.25M | −4% |
| 2023 | 5.49M | +8% |
| 2022 | 5.08M | −6% |
| 2021 | 5.41M | +23% |
| 2020 | 4.38M | +25% |
| 2019 | 3.52M | +1% |
| 2018 | 3.50M | +9% |
| 2017 | 3.20M | +7% |
| 2016 | 2.98M | +5% |
| 2015 | 2.82M | +6% |
| 2014 | 2.67M | +2% |
| 2013 | 2.61M | +1% |
| 2012 | 2.57M | +0% |
| 2011 | 2.57M | +3% |
| 2010 | 2.50M | +3% |
| 2009 | 2.43M | −4% |
| 2008 | 2.52M | −5% |
| 2007 | 2.65M | +1% |
| 2006 | 2.62M | +5% |
| 2005 | 2.50M | — |
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