Spliced Business Formations Within Four Quarters: Total for All NAICS in Pennsylvania
Not Seasonally Adjusted
BFSBF4QTOTALNSAPA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
904.00
Year-over-Year Change
20.86%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series measures U.S. total business sales, excluding food service, on a quarterly basis without seasonal adjustments. This provides a raw, unfiltered view of broader economic trends.
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' business sales data represents the total value of retail and wholesale transactions for non-food service establishments. It is a key indicator of overall commercial activity and consumer demand, which is useful for economic analysis and forecasting.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses across the country.
Historical Context
Policymakers and analysts use this series to gauge the health of the broader economy and consumer spending.
Key Facts
- Data is reported quarterly.
- Measures total sales excluding food service.
- Provides an unfiltered view of economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series measures the total value of retail and wholesale transactions for U.S. businesses, excluding food service establishments, on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This raw, unfiltered data on business sales is a key indicator of overall commercial activity and consumer demand, which is useful for economic analysis and forecasting.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses across the country.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to gauge the health of the broader economy and consumer spending.
Q: Are there update delays or limitations?
A: The data is reported quarterly with a short delay, providing a timely but not real-time view of economic conditions.
Related Trends
All Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Pennsylvania
SMU42000003231100001SA
Coincident Economic Activity Index for Pennsylvania
PAPHCI
Per Capita Personal Consumption Expenditures: Services: Food Services and Accommodations for Pennsylvania
PAPCEPCFDSRVACCMD
Value of Exports to Italy from Pennsylvania
PAITAA052SCEN
Coefficient for Transportation Carbon Dioxide Emissions, Natural Gas (Pipeline) for Pennsylvania
EMISSCO2CNGACBPAA
High-Propensity Business Applications for Pennsylvania
HBUSAPPWNSAPA
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFSBF4QTOTALNSAPA), retrieved from FRED.