U.S. Census Bureau expands Business Formation Statistics to include Puerto Rico
Census Bureau economists presented the Business Formation Statistics (BFS) and highlighted that Puerto Rico’s four application series are now published; formation-window series and municipal-level breakdowns are not yet available and have no release date. Presenters demonstrated how BFS uses EIN (SS‑4) applications as an early indicator of entrepreneurial activity.
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The U.S. Census Bureau on a webinar introduced its Business Formation Statistics (BFS) dataset and confirmed that Puerto Rico is now included in the Bureau’s published application series, while several formation series remain unpublished for the territory.
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