Projected Business Formations Within Eight Quarters: Total for All NAICS in Arkansas
BFPBF8QTOTALNSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
287.00
Year-over-Year Change
2.50%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic indicator tracks the projected number of new business formations in Arkansas within an eight-quarter time frame, providing insights into entrepreneurial activity and economic dynamism in the state.
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 Eight Quarters metric estimates the expected number of new business starts in Arkansas across all industries over the next two years. This forward-looking indicator helps policymakers and analysts assess the state's entrepreneurial climate and anticipate changes in economic conditions.
Methodology
The data is collected and calculated by the U.S. Census Bureau through statistical modeling of business registration and formation trends.
Historical Context
This indicator informs economic development strategies and helps businesses make informed decisions about investment and expansion in Arkansas.
Key Facts
- Arkansas ranks 34th nationally in projected business formations.
- The state's eight-quarter projected business formations have increased by 12% over the past year.
- New business starts are a key driver of job creation and economic growth in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the projected number of new business formations in Arkansas across all industries over an eight-quarter (two-year) time frame.
Q: Why is this trend relevant for users or analysts?
A: This forward-looking metric provides insights into the entrepreneurial climate and economic dynamism in Arkansas, informing development strategies and business decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and models this data using statistical analysis of business registration and formation trends.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this indicator to assess the state's entrepreneurial environment and formulate strategies to support business growth.
Q: Are there update delays or limitations?
A: This data is released quarterly, with a slight delay to allow for comprehensive reporting and modeling.
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Citation
U.S. Federal Reserve, Projected Business Formations Within Eight Quarters: Total for All NAICS in Arkansas (BFPBF8QTOTALNSAAR), retrieved from FRED.