Business Formations Within Four Quarters: Total for All NAICS in Minnesota
Not Seasonally Adjusted
BFBF4QTOTALNSAMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
411.00
Year-over-Year Change
31.31%
Date Range
7/1/2004 - 12/1/2021
Summary
The 'Not Seasonally Adjusted' data series measures total non-farm business output in the United States. It is a key indicator of overall economic activity and productivity trends.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This data series provides a measure of gross output across all non-farm businesses, without adjusting for seasonal variations. It offers insight into the underlying growth and trends in the broader U.S. economy.
Methodology
The data is collected through surveys of businesses and calculated by the U.S. Bureau of Economic Analysis.
Historical Context
Economists and policymakers use this indicator to assess the health and direction of the overall economy.
Key Facts
- The series measures total gross output, not just final sales.
- Data is released quarterly by the Bureau of Economic Analysis.
- The indicator is not adjusted for seasonal variations in economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' data series measures total gross output across all non-farm businesses in the United States.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the underlying growth and productivity trends in the broader U.S. economy, without the distortion of seasonal adjustments.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this indicator to assess the health and direction of the overall economy, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Bureau of Economic Analysis, with some lag from the end of the reporting period.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFBF4QTOTALNSAMN), retrieved from FRED.