The U.S. Census Bureau has released the latest Business Formation Statistics (BFS) for August 2025, offering updated data on new business applications and formations across the United States. The BFS is a regular product from the Census Bureau, developed in collaboration with economists from several institutions including 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 monthly release includes all 12 series—four application and eight formation series—with data available at national, regional, and state levels. Both seasonally adjusted and nonseasonally adjusted figures are provided to give a comprehensive view of business activity trends.
Additionally, the Census Bureau announced an update to its Monthly Puerto Rico Business Applications dataset. This experimental product tracks four monthly business application series specific to Puerto Rico using methods consistent with those applied to U.S. BFS data.
“There is no news release associated with this announcement. Tip sheet only.”
