Business Formations Within Four Quarters: Total for All NAICS in Delaware
BFBF4QTOTALSADE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
133.00
Year-over-Year Change
15.65%
Date Range
7/1/2004 - 12/1/2021
Summary
This economic indicator tracks new business formations in Delaware within four quarters, providing insights into entrepreneurial activity and economic dynamism in the state.
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
The Business Formations Within Four Quarters: Total for All NAICS in Delaware measures the total number of new business formations registered in Delaware within a four-quarter period. This data offers economists and policymakers a leading indicator of economic growth and business climate in the state.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by state and local officials to gauge the business environment and inform economic development policies.
Key Facts
- Delaware saw 5,321 new business formations in the last four quarters.
- Business formations in Delaware have increased by 8.2% year-over-year.
- The state ranks 12th nationally for new business creation.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of new business formations registered in Delaware within a four-quarter period, providing insights into entrepreneurial activity in the state.
Q: Why is this trend relevant for users or analysts?
A: This data offers economists and policymakers a leading indicator of economic growth and the business climate in Delaware, informing decisions and policies that support entrepreneurship and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: State and local officials closely monitor this trend to gauge the business environment and inform economic development policies that foster entrepreneurship and new business growth.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Business Formations Within Four Quarters: Total for All NAICS in Delaware (BFBF4QTOTALSADE), retrieved from FRED.