Catalog / Labor Market / Data feed
Labor Market · daily ban:low tA

State Secretary of State Daily New Business Filings

Count of new LLC/corporation formation filings by state, often with SIC/industry tag

Feed detail
Measures
Count of new LLC/corporation formation filings by state, often with SIC/industry tag
Source
State SOS bulk data portals (Texas SOSDirect, Florida Sunbiz, Delaware Division of Corporations open data)
Access
csv
Cadence
dailyupdates once a day
Thesis
New business formation precedes hiring by 3-9 months; state-level daily raw filings are more granular than the quarterly Census Business Formation Statistics most funds watch
Maps to
Regional small-business employment, state economic dynamism, local bank commercial lending
Crowdedness
contested
Tier
tA
Ban-risk
ban:low
Where this stands

This is a catalogued data feed with a research idea attached, not a validated edge. Being listed here means it has a specific source and a one-sentence causal mechanism mapped to what it should move — it doesn’t mean it has cleared the five-stage validation gate (point-in-time hygiene, out-of-sample holdout, multiple-testing correction, and the portfolio-layer backstop). As of today, every score on this site is prior-only; zero signals in the catalog have been promoted to “measured” status. See the methodology page for the full validation process and current counts.

Browse the rest of Labor Market — Job postings, hiring, and wage signals that lead the official employment reports by weeks.