Projected Business Formations Within Four Quarters: Total for All NAICS in Northeast Census Region
BFPBF4QTOTALNSANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,195.00
Year-over-Year Change
6.82%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic indicator tracks projected business formations within four quarters for all industries in the Northeast Census Region of the United States. It provides insights into entrepreneurial activity and economic dynamism in this key geographic area.
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 Projected Business Formations Within Four Quarters metric estimates the number of new businesses expected to be formed in the Northeast over the next four quarters, across all industries. It serves as an important leading indicator of economic growth and innovation in the region.
Methodology
The data is calculated by the U.S. Census Bureau based on statistical modeling of business applications.
Historical Context
This trend is closely monitored by policymakers, investors, and economic analysts to gauge the Northeast's business climate and prospects for future economic expansion.
Key Facts
- The Northeast is the second-largest U.S. Census region by population.
- New business formations are a key driver of job creation and innovation.
- Projected business formations data is released quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the projected number of new business formations expected to occur in the Northeast Census Region over the next four quarters, across all industries.
Q: Why is this trend relevant for users or analysts?
A: The Projected Business Formations metric provides important insights into the entrepreneurial activity and economic dynamism of the Northeast region, making it a closely watched indicator for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau based on statistical modeling of business applications.
Q: How is this trend used in economic policy?
A: Policymakers monitor this indicator to gauge the business climate and prospects for future economic expansion in the Northeast, which can inform decisions on economic development initiatives and regulatory policies.
Q: Are there update delays or limitations?
A: The Projected Business Formations data is released quarterly by the U.S. Census Bureau, with a typical lag of several weeks between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Projected Business Formations Within Four Quarters: Total for All NAICS in Northeast Census Region (BFPBF4QTOTALNSANO), retrieved from FRED.