Spliced Business Formations Within Four Quarters: Total for All NAICS in District of Columbia
BFSBF4QTOTALSADC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.00
Year-over-Year Change
16.67%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend measures the total number of new business formations within four quarters for all industries in the District of Columbia. It serves as an important indicator of entrepreneurial activity and local economic vitality.
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 tracks the volume of new business starts in the District of Columbia across all sectors of the economy. This data point is closely monitored by economists and policymakers to assess the health and dynamism of the local business environment.
Methodology
The data is collected and calculated by the U.S. Census Bureau through a compilation of administrative records.
Historical Context
This trend is widely used to inform economic development policies and investments aimed at fostering entrepreneurship and small business growth.
Key Facts
- New business formations in DC have increased by 25% over the past 5 years.
- The service sector accounts for over 70% of new business starts in the District.
- Small businesses employ nearly half of the private-sector workforce in DC.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new business formations within a four-quarter period for all industries in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: The volume of new business starts is a key indicator of entrepreneurial activity and economic dynamism within a local market.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau using administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies monitor this metric to inform strategies and investments aimed at fostering small business growth and entrepreneurship.
Q: Are there update delays or limitations?
A: There is typically a 6-month lag in the release of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in District of Columbia (BFSBF4QTOTALSADC), retrieved from FRED.