The U.S. Census Bureau has released the latest Business Formation Statistics (BFS) for August 2025. The BFS provides up-to-date information on new business applications and formations across the United States. This monthly data product is developed in collaboration with economists from the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of Atlanta, the University of Maryland, and the University of Notre Dame.
The dataset includes 12 series—four related to applications and eight to formations—and offers statistics at national, regional, and state levels. Both seasonally adjusted and nonseasonally adjusted data are available.
In addition to these figures, the Census Bureau has published Monthly Puerto Rico Business Applications. This experimental release presents four monthly business application series for Puerto Rico using the same methodology as that applied to existing BFS data.
There is no news release associated with this announcement; it is distributed as a tip sheet only.
