Average Duration (in Quarters) from Business Application to Formation Within Four Quarters: Total for All NAICS in Delaware
BFDUR4QTOTALNSADE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.62
Year-over-Year Change
-2.99%
Date Range
7/1/2004 - 12/1/2021
Summary
This economic trend measures the average duration, in quarters, from when a business applies to form until it is actually formed within four quarters for all industries in Delaware.
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 average duration from business application to formation provides insight into the business formation process and entrepreneurial activity in a given region. Economists and policymakers use this data to analyze the ease of starting a new business.
Methodology
The data is collected and calculated by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding the business climate and entrepreneurship within Delaware.
Key Facts
- The average duration was 2.5 quarters in 2022.
- Business formation activity has increased in Delaware in recent years.
- This trend is an indicator of entrepreneurial dynamism in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of quarters it takes for a business application to result in an actual business formation in Delaware across all industries.
Q: Why is this trend relevant for users or analysts?
A: The average duration from application to formation provides insight into the ease and speed of starting a new business, which is an important indicator of entrepreneurial activity and the business climate in a region.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the business environment and entrepreneurial dynamism in Delaware, which can inform economic development initiatives and policies.
Q: Are there update delays or limitations?
A: The data is published quarterly, but there may be a lag of several months between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Average Duration (in Quarters) from Business Application to Formation Within Four Quarters: Total for All NAICS in Delaware (BFDUR4QTOTALNSADE), retrieved from FRED.