Business formation from applications are projected to be higher in 2021

The projected number of employer businesses that originate from Business Applications within four quarters from the quarter of application.

The projected business formations are forward looking, providing an estimate of the number of new business startups that will appear from the cohort of business applications in a given month. It does not provide an estimate of the total number of business startups that appeared within a specific month
Chart: PipeCandy, Inc. Source: US Census Bureau, Projected Business Formations Within Four Quarters Get the data