The U.S. Census Bureau has released its latest Business Formation Statistics (BFS) for December 2025. These statistics offer up-to-date information on new business applications and formations across the United States and Puerto Rico.
According to the Census Bureau, the BFS is a standard data product developed through collaboration with economists from several institutions, including the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of Atlanta, the University of Maryland, and the University of Notre Dame.
The monthly release includes a comprehensive dataset featuring 12 series—four covering business applications and eight covering business formations. Data are available at national, regional, and state levels. For Puerto Rico, four monthly business application series are included in each standard release. The statistics provide both seasonally adjusted and unadjusted data.
The agency noted there is no news release associated with this announcement; only a tip sheet has been provided.
