Projected Business Formations Within Eight Quarters: Total for All NAICS in Alabama
Seasonally Adjusted
BFPBF8QTOTALSAAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
478.00
Year-over-Year Change
23.83%
Date Range
7/1/2004 - 7/1/2025
Summary
The Seasonally Adjusted trend measures changes in consumer spending on goods and services, providing insights into the overall health of the U.S. economy.
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
This measure of personal consumption expenditures (PCE) is adjusted for seasonal variation, allowing economists to analyze underlying consumer demand trends without the distortion of predictable seasonal patterns.
Methodology
The data is collected through surveys of households and businesses, then adjusted by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to evaluate consumer confidence and make informed decisions about economic policy.
Key Facts
- PCE accounts for about 70% of U.S. economic activity.
- Consumer spending has been a key driver of economic growth in recent years.
- Seasonal adjustments help identify underlying trends in consumer demand.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted trend measures changes in consumer spending on goods and services, providing insights into the overall health of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for understanding consumer demand and evaluating the broader economic climate, helping policymakers and analysts make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of households and businesses, then adjusted by the U.S. Bureau of Economic Analysis to remove seasonal variations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess consumer confidence and make informed decisions about economic policy, such as interest rates and fiscal measures.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a delay of approximately one month to allow for collection and processing.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (BFPBF8QTOTALSAAL), retrieved from FRED.