Source record
Citation, publisher, access, and license
Seasonally adjusted monthly business application and four-quarter employer-formation series for the United States, 50 states and the District of Columbia, and national two-digit NAICS sectors from January 2017 through July 2026.
This dossier follows one source through the observatory without widening its stated scope.
Evidence topology
Evidence topology
A zero means this source has no encoded row in that evidence domain. It is a boundary in the current observatory release, not a claim that the underlying institution publishes no relevant evidence. Indicator observations are shown as a separate normalized route and are not added to direct-domain totals.
Market context
No definition, measurement, policy record, or cited report currently connects this source to a market profile.
Measurement releases
This source currently contributes through policy chronology, report citation, or industry evidence rather than market definitions, observations, or participant shares.
Official record chronology
This source is not currently attached to an enforcement, inquiry, remedy, settlement, or agency-report event in the public chronology.
Research reuse
No published Antitrust Radar report currently lists this record in its source basis. The source may still support measurement, policy, or industry data.
Industry observatory
This source does not back the Census national industry-concentration tables in the current release. Its other evidence-domain counts remain independently inspectable.
Business formation observatory
Business Formation Statistics describe selected EIN applications and employer formations traced from those application cohorts. An application is not an operating business, a projected formation is not an observed startup in the publication month, and a state or industry count is not a rate. These series do not measure concentration, market power, legal antitrust markets, welfare, competitive effects, or policy causation.
State and industry rankings use source-published counts or shares of the U.S. count. Without an eligible-business, population, labor-force, or establishment denominator, they must not be read as formation rates or relative entrepreneurial propensity.
Census BFS and Business Dynamics Statistics are distinct systems. BFS identifies formations through first payroll tax liability linked to EIN applications, while BDS identifies annual employer-business entry using employment and a March reference period. Their counts and timing are not interchangeable.
Citation custody
U.S. Census Bureau, Business Formation Statistics, July 2026 monthly release, released August 12 2026 and accessed August 14 2026.
Seasonally adjusted monthly business application and four-quarter employer-formation series for the United States, 50 states and the District of Columbia, and national two-digit NAICS sectors from January 2017 through July 2026.
Canonical source citation
U.S. Census Bureau, Business Formation Statistics, July 2026 monthly release, released August 12 2026 and accessed August 14 2026. Available at https://www.census.gov/econ/bfs/current/index.html. Accessed Aug 14, 2026. Antitrust Radar source record census-business-formation-2026: https://antitrustradar.org/sources/census-business-formation-2026
Source-scoped data packet
Citation, publisher, access, and license
Product, geography, denominator, and limits
HHI, market size, status, and methodology
Firm shares, rank, aggregate flags, and custody
Dated enforcement and policy chronology
Exact organization roles in official records
Bounded pre, event-year, and post HHI context
Monthly Census application and employer-formation records with exact source-status fields
Published observatory work citing this source
Interpretation boundary
A source dossier documents how this observatory uses one public record. It does not endorse every claim in that record, make unlike measures comparable, or extend the source beyond its stated product, geography, population, and vintage.