Spliced Business Formations Within Four Quarters: Total for All NAICS in Arizona
BFSBF4QTOTALSAAZ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
662.00
Year-over-Year Change
12.59%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the number of new business formations within a four-quarter period in Arizona, across all industries. It provides 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 Spliced Business Formations Within Four Quarters trend tracks the volume of new businesses established in Arizona over a rolling one-year period. It is a key indicator of the state's entrepreneurial climate and can signal broader trends in economic growth and opportunity.
Methodology
The data is collected and calculated by the U.S. Census Bureau through business registration filings.
Historical Context
This metric is closely monitored by policymakers, investors, and economic analysts to assess the business environment and guide decisions.
Key Facts
- Arizona ranked 12th nationally for new business formations in 2021.
- Technology and professional services sectors account for the highest share of new businesses in the state.
- Business formations in Arizona peaked in 2020 during the COVID-19 pandemic economic disruption.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business formations in Arizona over a rolling four-quarter period, across all industry sectors.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the entrepreneurial climate and economic dynamism in Arizona, which is valuable for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through business registration filings.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers to assess the business environment and guide decisions that support entrepreneurship and economic growth in Arizona.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in Arizona (BFSBF4QTOTALSAAZ), retrieved from FRED.