Business Formations Within Eight Quarters: Total for All NAICS in Alabama
Not Seasonally Adjusted
BFBF8QTOTALNSAAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
324.00
Year-over-Year Change
32.79%
Date Range
7/1/2004 - 12/1/2020
Summary
The 'Not Seasonally Adjusted' economic trend measures the total value of new orders for manufactured durable goods without seasonal adjustments. It provides insight into the underlying demand for durable goods in the U.S. economy.
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 series represents the total value of new orders received by manufacturers for durable goods, which are physical products designed to last three years or more. Economists use this data to analyze trends in consumer and business demand for durable products.
Methodology
The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Historical Context
Policymakers and analysts monitor this metric to gauge the health of the manufacturing sector and overall economic conditions.
Key Facts
- Durable goods include items like appliances, vehicles, and machinery.
- The series is not seasonally adjusted, reflecting the raw data without seasonal patterns.
- Analysts use this metric to assess consumer and business confidence.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total value of new orders for manufactured durable goods without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into underlying demand for durable goods, which is an important indicator of consumer and business confidence in the economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through monthly surveys of manufacturing establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to gauge the health of the manufacturing sector and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Census Bureau, with a typical delay of 4-6 weeks.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFBF8QTOTALNSAAL), retrieved from FRED.