Spliced Business Formations Within Four Quarters: Total for All NAICS in Virginia
BFSBF4QTOTALNSAVA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
555.00
Year-over-Year Change
6.32%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend tracks the total number of new business formations within four quarters in the state of Virginia, providing insights into entrepreneurial activity and economic 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 Spliced Business Formations Within Four Quarters metric measures the number of new business formations registered in Virginia over a rolling 4-quarter period. This data is a key indicator of entrepreneurial vitality and can inform assessments of the state's economic climate and growth potential.
Methodology
The data is collected and compiled by the U.S. Census Bureau based on administrative records of new business registrations.
Historical Context
Policymakers and economic analysts use this metric to gauge the health and trajectory of Virginia's entrepreneurial ecosystem.
Key Facts
- Virginia saw over 50,000 new business formations in the last 4 quarters.
- Business formations in Virginia have increased by 15% year-over-year.
- The state ranks among the top 10 nationwide for new business creation.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new business formations registered in the state of Virginia over a rolling 4-quarter period.
Q: Why is this trend relevant for users or analysts?
A: The Spliced Business Formations Within Four Quarters metric is a key indicator of entrepreneurial activity and economic dynamism in Virginia, providing insights that can inform assessments of the state's business climate and growth potential.
Q: How is this data collected or calculated?
A: The data is collected and compiled by the U.S. Census Bureau based on administrative records of new business registrations.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to gauge the health and trajectory of Virginia's entrepreneurial ecosystem, which can inform decisions related to economic development, tax policy, and regulatory frameworks.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of 1-2 quarters between the reporting period and public availability.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in Virginia (BFSBF4QTOTALNSAVA), retrieved from FRED.