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Business Formations Decline in U.S. in December
Business Formation Statistics (BFS) provided by the U.S. Census Bureau measure business initiation activity and the cycle from initiation to realized business formation. These statistics give an early look at business formation activity within the U.S. and a detailed look at the state level and regional levels. Business applications in the U.S. for December 2022, adjusted for seasonal variation, were 417,055. This was a decrease of 0.3 percent compared to November 2022.
Kansas City Region Profile
The Kansas City Region is comprised of five counties in the west central part of Missouri. The region is home to several cities including Kansas City and Independence. The Kansas City Region workforce has almost 591,200 employees, making up 20.2 percent of Missouri’s employment. Health Care and Social Assistance; Retail Trade; and Professional, Scientific, and Technical Services industries are the largest employing industries in the region.

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