Projected Business Formations Within Four Quarters: Total for All NAICS in Louisiana
Seasonally Adjusted
BFPBF4QTOTALSALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
229.00
Year-over-Year Change
5.53%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted business formation series tracks the number of new business applications filed with the Internal Revenue Service (IRS), adjusted for seasonal variations. This metric is closely watched by economists as an indicator of economic activity and entrepreneurial 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 Seasonally Adjusted business formation data series provides a more accurate picture of business creation trends by accounting for typical seasonal fluctuations. It helps policymakers and analysts understand the underlying strength of new business formation independent of recurring seasonal patterns.
Methodology
The data is collected through reports from the U.S. Census Bureau and adjusted for seasonal factors.
Historical Context
Trends in business formation are a key input for economic forecasting and policy decisions.
Key Facts
- New business applications rose sharply in 2020 despite the COVID-19 pandemic.
- Seasonally adjusted data shows more stable long-term trends compared to raw figures.
- Policymakers monitor this series to gauge entrepreneurial activity and economic resilience.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted business formation series tracks the number of new business applications filed with the IRS, adjusted to remove typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying business creation trends, which is an important indicator of economic dynamism and entrepreneurial activity.
Q: How is this data collected or calculated?
A: The data is collected from reports by the U.S. Census Bureau and adjusted for seasonal factors.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this series to gauge the health of entrepreneurship and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published with a short lag, and the seasonal adjustment process may result in revisions to past data points.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BFPBF4QTOTALSALA), retrieved from FRED.