America Counts: Stories Behind the Numbers
Pulse Surveys, Business Formation Statistics Will Be Updated Weekly
Against a backdrop of unprecedented circumstances resulting from the COVID-19 pandemic, the U.S. Census Bureau recognizes the need for accurate, real-time data on the U.S. population and economy.
The ability to understand how individuals and businesses are weathering the current crisis is critical given business disruption, stay-at-home orders, school closures, changes in the availability of consumer goods and consumer patterns, and other abrupt and significant changes to American life.
The Census Bureau is answering the call with three new and major data products.
- The Household Pulse Survey will produce and disseminate data on these social and economic factors in near real-time each week.
- The Small Business Pulse Survey includes information on location closings, changes in employment, disruptions in the supply chain, the use of federal assistance programs, and expectations concerning future operations.
- Initially released as a quarterly, experimental product in February 2018, Business Formation Statistics now tracks trends in business applications and formations at the state, regional, and national level on a weekly basis.
To learn more about these data products and look at the BFS data visualizations, continue reading …