Spliced Business Formations Within Four Quarters: Total for All NAICS in Ohio
Not Seasonally Adjusted
BFSBF4QTOTALNSAOH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
738.00
Year-over-Year Change
30.85%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend represents total employment figures for the U.S. business and professional services sector. This key economic indicator provides insight into the overall health and growth of a vital part of the 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
The 'Not Seasonally Adjusted' employment data tracks the total number of jobs in the business and professional services industry, which includes fields like management, administration, legal services, and scientific research. This raw, unadjusted data is useful for economists and policymakers to analyze underlying employment trends.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by government agencies, financial analysts, and industry leaders to assess economic conditions and inform policy decisions.
Key Facts
- Business and professional services account for over 20% of U.S. employment.
- Employment in this sector has grown by over 30% in the past decade.
- The 'not seasonally adjusted' data provides a raw view of employment trends.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures total employment in the U.S. business and professional services sector, providing a raw view of industry employment figures.
Q: Why is this trend relevant for users or analysts?
A: This unadjusted employment data is crucial for economists and policymakers to analyze underlying trends in a key part of the economy and inform decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, financial analysts, and industry leaders closely monitor this employment trend to assess economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing a timely but unrefined view of employment in the business and professional services sector.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFSBF4QTOTALNSAOH), retrieved from FRED.