The U.S. Census has started reporting new business formation data on a weekly basis as part of its effort to gauge the impacts of the coronavirus pandemic.

The numbers show that until the coronavirus-driven shutdown of the economy, Washington state was running strongly ahead of last year’s rate of new businesses, as measured by applications for employer identification numbers for tax purposes.

Surprisingly, perhaps, even after much of the economy here and elsewhere ground to a temporary halt, business starts did not completely collapse.

But here and across the nation, the upward trend did quickly reverse itself: In Washington state, from 14% ahead of last year’s pace, to about 25% behind.



Weekly home sales rebounding to last year’s level | Coronavirus Economy daily chart (May 20)

Seattle-area job listings sag while U.S. openings edge upward | Coronavirus Economy daily chart (May 19)


In Washington, Oregon and U.S., small businesses are hit hard | Coronavirus Economy daily chart (May 14)

Seattle-area listings of houses for sale drop sharply from last year | Coronavirus Economy daily chart (May 13)

Seattle-area job listings have plunged 40% from recent peak due to pandemic | Coronavirus Economy daily chart (May 11)

Coronavirus Economy daily charts: Unemployment claims, housing, food and job openings for the week ending May 8, 2020

It could take years for Washington state’s economy to rebound from coronavirus crash

Coronavirus unemployment: Bartenders, dental assistants top list of Washington’s hardest-hit jobs

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