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Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:23:NAICS23","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:23","fromKind":"industry","fromLabel":"Construction","fromHref":"/industries/23","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS23","evidenceDetail":"NAICS 23 is linked to the Census BFS Construction industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:31-33:NAICSMNF","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:31-33","fromKind":"industry","fromLabel":"Manufacturing","fromHref":"/industries/31-33","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICSMNF","evidenceDetail":"NAICS 31-33 is linked to the Census BFS Manufacturing industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:42:NAICS42","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:42","fromKind":"industry","fromLabel":"Wholesale trade","fromHref":"/industries/42","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS42","evidenceDetail":"NAICS 42 is linked to the Census BFS Wholesale trade industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:44-45:NAICSRET","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:44-45","fromKind":"industry","fromLabel":"Retail trade","fromHref":"/industries/44-45","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICSRET","evidenceDetail":"NAICS 44-45 is linked to the Census BFS Retail trade industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:48-49:NAICSTW","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:48-49","fromKind":"industry","fromLabel":"Transportation and warehousing","fromHref":"/industries/48-49","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICSTW","evidenceDetail":"NAICS 48-49 is linked to the Census BFS Transportation and warehousing industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:51:NAICS51","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:51","fromKind":"industry","fromLabel":"Information","fromHref":"/industries/51","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS51","evidenceDetail":"NAICS 51 is linked to the Census BFS Information industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:52:NAICS52","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:52","fromKind":"industry","fromLabel":"Finance and insurance","fromHref":"/industries/52","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS52","evidenceDetail":"NAICS 52 is linked to the Census BFS Finance and insurance industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:53:NAICS53","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:53","fromKind":"industry","fromLabel":"Real estate and rental and leasing","fromHref":"/industries/53","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS53","evidenceDetail":"NAICS 53 is linked to the Census BFS Real estate and rental and leasing industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:54:NAICS54","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:54","fromKind":"industry","fromLabel":"Professional, scientific, and technical services","fromHref":"/industries/54","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS54","evidenceDetail":"NAICS 54 is linked to the Census BFS Professional, scientific, and technical services industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:56:NAICS56","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:56","fromKind":"industry","fromLabel":"Administrative and support and waste management and remediation services","fromHref":"/industries/56","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS56","evidenceDetail":"NAICS 56 is linked to the Census BFS Administrative and support and waste management and remediation services industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:61:NAICS61","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:61","fromKind":"industry","fromLabel":"Educational services","fromHref":"/industries/61","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS61","evidenceDetail":"NAICS 61 is linked to the Census BFS Educational services industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:62:NAICS62","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:62","fromKind":"industry","fromLabel":"Health care and social assistance","fromHref":"/industries/62","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS62","evidenceDetail":"NAICS 62 is linked to the Census BFS Health care and social assistance industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:71:NAICS71","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:71","fromKind":"industry","fromLabel":"Arts, entertainment, and recreation","fromHref":"/industries/71","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS71","evidenceDetail":"NAICS 71 is linked to the Census BFS Arts, entertainment, and recreation industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:72:NAICS72","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:72","fromKind":"industry","fromLabel":"Accommodation and food services","fromHref":"/industries/72","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS72","evidenceDetail":"NAICS 72 is linked to the Census BFS Accommodation and food services industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"business-formation-context:81:NAICS81","layer":"measurement","relationshipType":"business_formation_context","relationshipLabel":"Business formation context","fromId":"industry:81","fromKind":"industry","fromLabel":"Other services (except public administration)","fromHref":"/industries/81","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / BFS NAICS81","evidenceDetail":"NAICS 81 is linked to the Census BFS Other services except public administration industry bucket for descriptive national application and employer-formation context. Counts remain distinct from rates, and projected formations remain distinct from observed businesses.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"bounded","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A Census BFS industry bucket supplies descriptive national application and employer-formation context only. It does not turn EIN applications or projections into operating-business counts, formation rates, concentration, market power, a legal antitrust market, welfare effects, or causation."},{"id":"geography-source:AK:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:AK","fromKind":"geography","fromLabel":"Alaska","fromHref":"/geographies/alaska","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Alaska (AK) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:AL:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:AL","fromKind":"geography","fromLabel":"Alabama","fromHref":"/geographies/alabama","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Alabama (AL) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:AR:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:AR","fromKind":"geography","fromLabel":"Arkansas","fromHref":"/geographies/arkansas","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Arkansas (AR) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:AZ:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:AZ","fromKind":"geography","fromLabel":"Arizona","fromHref":"/geographies/arizona","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Arizona (AZ) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:CA:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:CA","fromKind":"geography","fromLabel":"California","fromHref":"/geographies/california","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"California (CA) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:CO:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:CO","fromKind":"geography","fromLabel":"Colorado","fromHref":"/geographies/colorado","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Colorado (CO) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:CT:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:CT","fromKind":"geography","fromLabel":"Connecticut","fromHref":"/geographies/connecticut","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Connecticut (CT) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:DC:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:DC","fromKind":"geography","fromLabel":"District of Columbia","fromHref":"/geographies/district-of-columbia","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"District of Columbia (DC) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:DE:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:DE","fromKind":"geography","fromLabel":"Delaware","fromHref":"/geographies/delaware","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Delaware (DE) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:FL:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:FL","fromKind":"geography","fromLabel":"Florida","fromHref":"/geographies/florida","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Florida (FL) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. 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Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:PA:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:PA","fromKind":"geography","fromLabel":"Pennsylvania","fromHref":"/geographies/pennsylvania","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Pennsylvania (PA) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. 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Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:TN:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:TN","fromKind":"geography","fromLabel":"Tennessee","fromHref":"/geographies/tennessee","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Tennessee (TN) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. Business applications, insurance HHI, and branch-deposit HHI remain separate and do not form an economy score or legal market."},{"id":"geography-source:TX:census-business-formation-2026","layer":"measurement","relationshipType":"geography_source","relationshipLabel":"State formation series","fromId":"geography:TX","fromKind":"geography","fromLabel":"Texas","fromHref":"/geographies/texas","toId":"source:census-business-formation-2026","toKind":"source","toLabel":"July 2026 Business Formation Statistics","toHref":"/sources/census-business-formation-2026","evidenceLabel":"U.S. Census Bureau / July 2026 Business Formation Statistics","evidenceDetail":"Texas (TX) monthly Census BFS series; selected EIN applications and projected formations remain distinct from observed operating firms.","sourceId":"census-business-formation-2026","sourceUrl":"https://www.census.gov/econ/bfs/current/index.html","confidenceLevel":"high","indicatorId":null,"entityCode":null,"observationCount":null,"firstYear":null,"latestYear":null,"preferredView":null,"sourceIds":null,"guardrail":"A state source edge records custody only. 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