Projected Business Formations Within Four Quarters: Total for All NAICS in Connecticut
BFPBF4QTOTALSACT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238.00
Year-over-Year Change
6.73%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures projected business formations within four quarters for all industries in Connecticut. It provides valuable insights into the state's entrepreneurial activity and economic dynamism.
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: Total for All NAICS in Connecticut metric tracks the expected number of new business formations in the state over the next four quarters. This forward-looking indicator is used by policymakers and analysts to assess the business climate and gauge future economic growth.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on survey responses from businesses.
Historical Context
This trend is closely monitored by economic development agencies and investors to inform decisions about resource allocation and investment strategies.
Key Facts
- The series is published quarterly by the U.S. Census Bureau.
- Connecticut's projected business formations reached a high of X in [year].
- The trend declined during the [recession year] but has since rebounded.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the expected number of new business formations in Connecticut across all industries over the next four quarters.
Q: Why is this trend relevant for users or analysts?
A: The Projected Business Formations Within Four Quarters trend provides valuable insights into the state's entrepreneurial activity and economic dynamism, which are key indicators of future growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on survey responses from businesses.
Q: How is this trend used in economic policy?
A: This forward-looking indicator is closely monitored by economic development agencies and investors to inform decisions about resource allocation and investment strategies.
Q: Are there update delays or limitations?
A: The series is published quarterly, with a typical release lag of X months.
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Citation
U.S. Federal Reserve, Projected Business Formations Within Four Quarters: Total for All NAICS in Connecticut (BFPBF4QTOTALSACT), retrieved from FRED.