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Census Bureau Debuts New Data Product: Business Formation Statistics

Release Date


July 17 - The Census Bureau released the Business Formation Statistics (BFS), a new data product that tracks trends in business applications and formations at the state, regional and national levels.

The BFS consists of four business application series and eight business formation series. It’s unique because it relies on administrative data from the IRS, specifically the data on applications for an Employer Identification Number (EIN) via IRS Form SS-4, to determine the number of business applications submitted in a quarter, and how many result in businesses with employees. The BFS also includes projections for business formations in the near future.

The BFS began in 2012 as a research project in the Census Bureau’s Center for Economic Studies and was first released in beta form in February 2018. It’s the culmination of research efforts by the Census Bureau, Board of Governors of the Federal Reserve System, Federal Reserve Bank of Atlanta, University of Maryland and the University of Notre Dame.

Click here to learn more about this new product.

Release Date


July 23 Webinar: New Approaches to Engaging Retailers: A First Look at Research on Workforce Boards and Retail

An advisory from the National Association of Workforce Boards:

Retail and related sectors employ nearly one out of every four workers in the US, according to the National Retail Federation, and retail is the first job for many workers. Over the past few months, with support from the Walmart Foundation, the National Association of Workforce Boards, the Aspen Institute Economic Opportunities Program, and Corporation for a Skilled Workforce conducted research with the Chicago Cook County Workforce Partnership and innovative workforce boards across the country to understand how they are engaging with the retail sector, and the challenges, opportunities, and promising practices emerging from their retail work.

Please join us on Tuesday, July 23rd at 4pm ET/1pm PT to learn more about these exciting findings and forthcoming resources, and to hear directly from workforce boards that are surfacing new approaches to working with the retail sector.  The webinar will include:

  • New research findings
  • Promising practices from the field
  • Tools and resources for workforce boards and their partners to start, grow and enhance engagement with the retail sector


  • Kelly Middleton Banks, Manager, Program Implementation, National Association of Workforce Boards
  • Terri Bergman, Consultant, National Association of Workforce Boards
  • Nancy Snyder, Chair of the Board, Corporation for a Skilled Workforce


  • Sarah Burns, Director of Research & Evaluation, San Diego Workforce Partnership
  • Chris Strom, Director of Retail Initiatives, Chicago Cook Workforce Partnership
  • Shonta Trotman, Program Manager Education and Training Services – Workforce Services, Denver Economic Development & Opportunity 


  • Jeannine La Prad, Senior Policy Fellow, Corporation for a Skilled Workforce