{"schemaVersion":"1.0","id":"rs-2026-005","slug":"business-applications-projected-employer-formations-by-state-july-2026","title":"Florida Led Business Applications but Ranked 41st on a Key Census Measure","headline":"Florida Led Business Applications but Ranked 41st on a Key Census Measure","summary":"Florida had 65,332 business applications in July 2026, more than any other state. Census projects 2,773 new employer firms from those applications within one year, or 4.24 per 100 applications. Florida ranked 41st among the 50 states on that measure.","published":"2026-08-13","modified":"2026-08-13","status":"published","supersedes":null,"supersededBy":null,"topic":{"slug":"business-formation","label":"Business formation"},"subtopics":["business applications","projected business formations","state comparison","employer firms"],"country":"United States","geographyLevel":"State","geographies":["Maine","Washington","North Dakota","Massachusetts","Idaho","Oregon","New Hampshire","Vermont","Alaska","Nebraska","South Dakota","California","Rhode Island","New York","Iowa","Utah","Kansas","North Carolina","Connecticut","Texas","Missouri","Virginia","Minnesota","Tennessee","New Jersey","South Carolina","West Virginia","Arizona","Pennsylvania","Montana","Nevada","Indiana","Wisconsin","Colorado","Illinois","Alabama","Delaware","Oklahoma","Ohio","Kentucky","Florida","New Mexico","Georgia","Arkansas","Hawaii","Maryland","Louisiana","Michigan","Wyoming","Mississippi"],"period":"July 2026","metric":"Projected Business Formations within Four Quarters per 100 Business Applications","provenance":{"primarySources":[{"agency":"U.S. Census Bureau","dataset":"Business Formation Statistics","period":"July 2026","role":"Business Applications and Projected Business Formations within Four Quarters","url":"https://www.census.gov/econ/bfs/current/index.html"},{"agency":"U.S. Census Bureau","dataset":"Business Formation Statistics Monthly Data","period":"July 2026","role":"Downloadable monthly Business Formation Statistics","dataUrl":"https://www.census.gov/econ/bfs/csv/bfs_monthly.csv"},{"agency":"U.S. Census Bureau","dataset":"Business Formation Statistics Definitions","period":"Current","role":"Definitions for Business Applications and Projected Business Formations within Four Quarters","url":"https://www.census.gov/econ/bfs/definitions.html"},{"agency":"U.S. Census Bureau","dataset":"Business Formation Statistics Method","period":"Current","role":"Methodology for Business Formation Statistics","url":"https://www.census.gov/econ/bfs/technicaldocumentation/methodology.html"}],"contextSources":[]},"transformation":{"calculationType":"calculated","formula":"Projected Business Formations within Four Quarters ÷ Business Applications × 100","filters":["July 2026","seasonally adjusted","all types of business","50 states","District of Columbia excluded from the ranking"],"transformations":["Divide each state's Projected Business Formations within Four Quarters by its Business Applications.","Multiply the result by 100.","Rank the 50 states on the per-100 measure.","Display the per-100 values to two decimal places."]},"findings":[{"claim":"Florida Business Applications in July 2026","value":65332,"unit":"business applications","geography":"Florida"},{"claim":"Florida Projected Business Formations within Four Quarters","value":2773,"unit":"projected new employer firms","geography":"Florida"},{"claim":"Florida projected formations per 100 applications","value":4.24,"unit":"projected new employer firms per 100 applications","geography":"Florida"},{"claim":"Florida rank on projected formations per 100 applications","value":41,"unit":"rank among 50 states","geography":"Florida"},{"claim":"Maine projected formations per 100 applications","value":9.95,"unit":"projected new employer firms per 100 applications","geography":"Maine"},{"claim":"United States projected formations per 100 applications","value":5.17,"unit":"projected new employer firms per 100 applications","geography":"United States"}],"limitations":["These are estimates. They are not a count of firms that opened.","An application does not mean a new firm has opened.","Census can change its past numbers when new data arrive.","This study covers one month. It does not show how firms perform over time.","It also does not tell us why states differ."],"keywords":["business applications by state","projected business formations","Projected Business Formations within Four Quarters","Business Applications","U.S. Census Bureau BFS","Florida business applications","Maine business applications","July 2026 business applications","employer firms"],"aliases":["BFS","business startup applications","new business applications","projected employer formations","Business Formation Statistics"],"citation":"RecurSave. “Florida Led Business Applications but Ranked 41st on a Key Census Measure.” RecurSave Research, August 13, 2026.","canonicalUrl":"https://www.recursave.com/research/business-applications-projected-employer-formations-by-state-july-2026","hasDataset":true,"projectedFormationRows":[{"formationShareRank":1,"state":"Maine","businessApplications":1467,"projectedBusinessFormations4q":146,"projectedFormationsPer100Applications":9.95,"applicationCountRank":45,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":2,"state":"Washington","businessApplications":9885,"projectedBusinessFormations4q":849,"projectedFormationsPer100Applications":8.59,"applicationCountRank":18,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":3,"state":"North Dakota","businessApplications":862,"projectedBusinessFormations4q":69,"projectedFormationsPer100Applications":8,"applicationCountRank":49,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":4,"state":"Massachusetts","businessApplications":7497,"projectedBusinessFormations4q":581,"projectedFormationsPer100Applications":7.75,"applicationCountRank":25,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":5,"state":"Idaho","businessApplications":3454,"projectedBusinessFormations4q":265,"projectedFormationsPer100Applications":7.67,"applicationCountRank":37,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":6,"state":"Oregon","businessApplications":5742,"projectedBusinessFormations4q":430,"projectedFormationsPer100Applications":7.49,"applicationCountRank":32,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":7,"state":"New Hampshire","businessApplications":1947,"projectedBusinessFormations4q":142,"projectedFormationsPer100Applications":7.29,"applicationCountRank":42,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":8,"state":"Vermont","businessApplications":731,"projectedBusinessFormations4q":52,"projectedFormationsPer100Applications":7.11,"applicationCountRank":50,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":9,"state":"Alaska","businessApplications":1367,"projectedBusinessFormations4q":96,"projectedFormationsPer100Applications":7.02,"applicationCountRank":46,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":10,"state":"Nebraska","businessApplications":2059,"projectedBusinessFormations4q":144,"projectedFormationsPer100Applications":6.99,"applicationCountRank":41,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":11,"state":"South Dakota","businessApplications":1224,"projectedBusinessFormations4q":84,"projectedFormationsPer100Applications":6.86,"applicationCountRank":47,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":12,"state":"California","businessApplications":61133,"projectedBusinessFormations4q":3988,"projectedFormationsPer100Applications":6.52,"applicationCountRank":2,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":13,"state":"Rhode Island","businessApplications":1063,"projectedBusinessFormations4q":69,"projectedFormationsPer100Applications":6.49,"applicationCountRank":48,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":14,"state":"New York","businessApplications":31072,"projectedBusinessFormations4q":1981,"projectedFormationsPer100Applications":6.38,"applicationCountRank":4,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":15,"state":"Iowa","businessApplications":3321,"projectedBusinessFormations4q":202,"projectedFormationsPer100Applications":6.08,"applicationCountRank":39,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":16,"state":"Utah","businessApplications":7663,"projectedBusinessFormations4q":442,"projectedFormationsPer100Applications":5.77,"applicationCountRank":22,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":17,"state":"Kansas","businessApplications":4392,"projectedBusinessFormations4q":251,"projectedFormationsPer100Applications":5.71,"applicationCountRank":36,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":18,"state":"North Carolina","businessApplications":17717,"projectedBusinessFormations4q":973,"projectedFormationsPer100Applications":5.49,"applicationCountRank":7,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":19,"state":"Connecticut","businessApplications":5026,"projectedBusinessFormations4q":276,"projectedFormationsPer100Applications":5.49,"applicationCountRank":34,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":20,"state":"Texas","businessApplications":57190,"projectedBusinessFormations4q":3134,"projectedFormationsPer100Applications":5.48,"applicationCountRank":3,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":21,"state":"Missouri","businessApplications":12159,"projectedBusinessFormations4q":661,"projectedFormationsPer100Applications":5.44,"applicationCountRank":15,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":22,"state":"Virginia","businessApplications":12753,"projectedBusinessFormations4q":684,"projectedFormationsPer100Applications":5.36,"applicationCountRank":14,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":23,"state":"Minnesota","businessApplications":6604,"projectedBusinessFormations4q":352,"projectedFormationsPer100Applications":5.33,"applicationCountRank":29,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":24,"state":"Tennessee","businessApplications":11313,"projectedBusinessFormations4q":600,"projectedFormationsPer100Applications":5.3,"applicationCountRank":16,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":25,"state":"New Jersey","businessApplications":15826,"projectedBusinessFormations4q":836,"projectedFormationsPer100Applications":5.28,"applicationCountRank":11,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":26,"state":"South Carolina","businessApplications":9368,"projectedBusinessFormations4q":492,"projectedFormationsPer100Applications":5.25,"applicationCountRank":19,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":27,"state":"West Virginia","businessApplications":1645,"projectedBusinessFormations4q":86,"projectedFormationsPer100Applications":5.23,"applicationCountRank":43,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":28,"state":"Arizona","businessApplications":14085,"projectedBusinessFormations4q":734,"projectedFormationsPer100Applications":5.21,"applicationCountRank":12,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":29,"state":"Pennsylvania","businessApplications":13920,"projectedBusinessFormations4q":707,"projectedFormationsPer100Applications":5.08,"applicationCountRank":13,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":30,"state":"Montana","businessApplications":2730,"projectedBusinessFormations4q":135,"projectedFormationsPer100Applications":4.95,"applicationCountRank":40,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":31,"state":"Nevada","businessApplications":6174,"projectedBusinessFormations4q":305,"projectedFormationsPer100Applications":4.94,"applicationCountRank":31,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":32,"state":"Indiana","businessApplications":10639,"projectedBusinessFormations4q":505,"projectedFormationsPer100Applications":4.75,"applicationCountRank":17,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":33,"state":"Wisconsin","businessApplications":7657,"projectedBusinessFormations4q":363,"projectedFormationsPer100Applications":4.74,"applicationCountRank":23,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":34,"state":"Colorado","businessApplications":17259,"projectedBusinessFormations4q":814,"projectedFormationsPer100Applications":4.72,"applicationCountRank":8,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":35,"state":"Illinois","businessApplications":18288,"projectedBusinessFormations4q":857,"projectedFormationsPer100Applications":4.69,"applicationCountRank":6,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":36,"state":"Alabama","businessApplications":7731,"projectedBusinessFormations4q":361,"projectedFormationsPer100Applications":4.67,"applicationCountRank":21,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":37,"state":"Delaware","businessApplications":5314,"projectedBusinessFormations4q":238,"projectedFormationsPer100Applications":4.48,"applicationCountRank":33,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":38,"state":"Oklahoma","businessApplications":6461,"projectedBusinessFormations4q":286,"projectedFormationsPer100Applications":4.43,"applicationCountRank":30,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":39,"state":"Ohio","businessApplications":17061,"projectedBusinessFormations4q":738,"projectedFormationsPer100Applications":4.33,"applicationCountRank":9,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":40,"state":"Kentucky","businessApplications":7088,"projectedBusinessFormations4q":305,"projectedFormationsPer100Applications":4.3,"applicationCountRank":27,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":41,"state":"Florida","businessApplications":65332,"projectedBusinessFormations4q":2773,"projectedFormationsPer100Applications":4.24,"applicationCountRank":1,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":42,"state":"New Mexico","businessApplications":3439,"projectedBusinessFormations4q":138,"projectedFormationsPer100Applications":4.01,"applicationCountRank":38,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":43,"state":"Georgia","businessApplications":25863,"projectedBusinessFormations4q":1017,"projectedFormationsPer100Applications":3.93,"applicationCountRank":5,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":44,"state":"Arkansas","businessApplications":5023,"projectedBusinessFormations4q":192,"projectedFormationsPer100Applications":3.82,"applicationCountRank":35,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":45,"state":"Hawaii","businessApplications":1478,"projectedBusinessFormations4q":55,"projectedFormationsPer100Applications":3.72,"applicationCountRank":44,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":46,"state":"Maryland","businessApplications":9134,"projectedBusinessFormations4q":333,"projectedFormationsPer100Applications":3.65,"applicationCountRank":20,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":47,"state":"Louisiana","businessApplications":7317,"projectedBusinessFormations4q":236,"projectedFormationsPer100Applications":3.23,"applicationCountRank":26,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":48,"state":"Michigan","businessApplications":16514,"projectedBusinessFormations4q":531,"projectedFormationsPer100Applications":3.22,"applicationCountRank":10,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":49,"state":"Wyoming","businessApplications":7538,"projectedBusinessFormations4q":233,"projectedFormationsPer100Applications":3.09,"applicationCountRank":24,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"},{"formationShareRank":50,"state":"Mississippi","businessApplications":6979,"projectedBusinessFormations4q":169,"projectedFormationsPer100Applications":2.42,"applicationCountRank":28,"period":"2026-07","seasonalAdjustment":"seasonally adjusted"}],"metaDescription":"Florida had the most business applications in July 2026. But it ranked 41st for projected new employer firms per 100 applications."}