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TIME SERIES / TREND CHARTS

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The statistics presented in this release are based on administrative data and therefore are not subject to sampling error. However, the statistics may be subject to non-sampling error. Non-sampling error occurs because accurate information cannot always be obtained. There are many potential contributors to non-sampling error such as misreporting, mistakes in recording and coding responses, misinterpretation of questions, and other errors of collection, response, coverage, or processing. Though non-sampling error is not measured directly, the Census Bureau employs quality control procedures throughout the process to minimize this type of error.

NA = Not Applicable

S = Estimate does not meet publication standards because concerns about the estimate's quality. Unpublished estimates derived from this table by subtraction are subject to this same limitation and should not be attributed to the U.S. Census Bureau.

D = Denotes an estimate withheld to avoid disclosing data of individual establishments; data are included in higher-level totals.

The Y-axis for the line charts may be truncated to prevent flattening of the lines or to present the complete range of data.

Source: Business Formation Statistics (Definitions)
Total for All NAICS: U.S. Total — Seasonally Adjusted Business Applications [Units]
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2020 282,802 300,705 257,673 234,838 294,957 377,081 552,748 485,701 437,527 414,335 395,397 347,651
Source: Business Formation Statistics (Definitions)
Total for All NAICS: U.S. Total — Not Seasonally Adjusted Business Applications [Units]
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2020 361,102 322,217 281,758 301,150 284,808 348,671 583,905 431,676 464,832 348,739 307,014 309,223
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Source: U.S. Census Bureau | Business & Industry | sssd.econ.data@census.gov |  Last Revised: May 27, 2022