US Business Applications Rise 0.5% in September 2026
Total US business applications reached 534,947 in September 2026, rebounding after a sharp August decline.
Total business applications in the United States climbed to 534,947 in September 2026, a 0.5% increase from the prior month, according to the latest Business Formation Statistics released by the U.S. Census Bureau.
The modest September gain follows a significant pullback in August 2026, when applications fell 7.7% — a reversal that had raised concerns about near-term entrepreneurial activity and small business formation trends.
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The September rebound, while incremental, suggests some stabilization in new business filing activity after the steep August contraction. Analysts tracking startup formation data often view Census business application figures as a leading indicator of future employment and economic expansion at the ground level.
The Census Bureau's Business Formation Statistics track applications for Employer Identification Numbers, which businesses must obtain before hiring employees or opening formal operations, making the series a closely watched proxy for entrepreneurial momentum across the broader US economy.
Continue reading at U.S. Census Bureau Economic Briefing Room.