Antitrust Radar

Three Census systems / one exact sector bridge

Business Formation Context Atlas

Place monthly business applications beside annual establishment dynamics and industry concentration. Their release periods and denominators differ, so these comparisons provide context rather than a common market measure.

Formation signal
2026-07
Census BFS / monthly
Employer dynamics
2023
Census BDS / annual
Industry structure
2022
Economic Census
Exact overlap
17
broad sectors / 4 releases

Cross-source analytical workspace

Formation, dynamism, and structure in one bounded field

17 exact broad-sector joins. Three systems remain three systems.
BFS
2026-07
monthly applications
BDS
2023
annual employer flows
EC
2022
industry concentration
History
2017-22
strict HHI pairs
Seventeen exact sector joins

Entry rate by Application share

Median guides describe this 17-sector field. Bubble area follows bds employment.

BDS establishment entry rate by U.S. application share across 17 matched sectorsEach bubble is one exact broad-sector join. The x axis uses Latest industry Business Applications divided by the same month's U.S. Business Applications count. The y axis uses Entering establishments as a share of the annual BDS establishment denominator. Bubble size uses 2023 employment in the BDS sector universe.Lower X / higher YHigher X / higher YLower X / lower YHigher X / lower Y21Mining: Application share 0.1%; Entry rate 9.4%; BDS employment 568,96422Utilities: Application share 0.1%; Entry rate 5.3%; BDS employment 661,62423Construction: Application share 8.5%; Entry rate 13.0%; BDS employment 7,614,74531Manufacturing: Application share 1.4%; Entry rate 6.9%; BDS employment 12,293,10642Wholesale: Application share 1.7%; Entry rate 6.7%; BDS employment 6,222,52144Retail: Application share 24.4%; Entry rate 7.9%; BDS employment 16,068,43648Transportation: Application share 6.0%; Entry rate 14.9%; BDS employment 6,450,64151Information: Application share 2.3%; Entry rate 10.6%; BDS employment 3,539,95552Finance: Application share 3.5%; Entry rate 8.1%; BDS employment 6,912,02853Real estate: Application share 4.6%; Entry rate 12.6%; BDS employment 2,403,64754Professional: Application share 14.1%; Entry rate 12.5%; BDS employment 10,364,67456Administrative: Application share 6.5%; Entry rate 12.9%; BDS employment 11,933,22861Education: Application share 1.5%; Entry rate 11.2%; BDS employment 3,782,93562Health care: Application share 5.9%; Entry rate 10.8%; BDS employment 21,997,57171Arts: Application share 2.6%; Entry rate 13.7%; BDS employment 2,471,28972Accommodation: Application share 5.2%; Entry rate 11.0%; BDS employment 14,565,27881Other services: Application share 7.7%; Entry rate 10.0%; BDS employment 5,677,219U.S. application shareBDS establishment entry rate0.0%25.9%15.7%0.0%
Exact broad-sector joinSelected / NAICS 51Guide medians: 4.6% X / 10.8% Y
No composite competition score

This atlas joins only exact broad-sector NAICS contracts across three separate Census systems: monthly Business Formation Statistics, annual Business Dynamics Statistics, and Economic Census industry structure. The release clocks, populations, denominators, and measures remain distinct. Positions are descriptive context, not composite competition scores, causal estimates, legal antitrust markets, or evidence that applications, entry, concentration, and competitive effects are interchangeable.

Open in API LabSector observatory

Source custody

Four releases, three measurement systems

This atlas joins only exact broad-sector NAICS contracts across three separate Census systems: monthly Business Formation Statistics, annual Business Dynamics Statistics, and Economic Census industry structure. The release clocks, populations, denominators, and measures remain distinct. Positions are descriptive context, not composite competition scores, causal estimates, legal antitrust markets, or evidence that applications, entry, concentration, and competitive effects are interchangeable.
01
U.S. Census Bureau

July 2026 Business Formation Statistics

Reviewed 2026-08-14

02
U.S. Census Bureau

2022 Economic Census Concentration of Largest Firms

Reviewed 2026-07-17

03
U.S. Census Bureau

2017 Economic Census Concentration of Largest Firms

Reviewed 2026-07-18

04
U.S. Census Bureau

2023 Business Dynamics Statistics

Reviewed 2026-07-19

Continue the investigation

Move from context to the native observatories

The joined field is an orientation layer. Exact series, methods, and source-specific comparisons remain one step away.