Spliced Business Formations Within Four Quarters: Total for All NAICS in North Carolina
BFSBF4QTOTALSANC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
964.00
Year-over-Year Change
16.00%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend tracks the total number of new business formations within four quarters in North Carolina 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: Total for All NAICS in North Carolina indicator measures the total count of new business formations that occur within a four-quarter period across all North Carolina industries. This data point is used by economists and policymakers to assess levels of entrepreneurship and business growth in the state.
Methodology
The data is collected by the U.S. Census Bureau through a variety of administrative records and surveys.
Historical Context
Trends in new business formations are closely watched by economists, investors, and policymakers as an indicator of economic vitality and future growth potential.
Key Facts
- New business formations in North Carolina totaled over 40,000 in the past year.
- Business formation rates in North Carolina exceed the national average.
- Entrepreneurial activity is concentrated in key industries like technology and healthcare.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total count of new business formations that occur within a four-quarter period across all industries in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Trends in new business formations provide valuable insights into entrepreneurial activity, economic dynamism, and growth potential in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through administrative records and surveys.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor new business formation data to assess the business climate and inform decisions around economic development programs and initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months, so it may not reflect the most recent economic conditions.
Related Trends
Proprietors' Nonfarm Income in North Carolina
NCONON
Average Weekly Hours of All Employees: Information in North Carolina
SMU37000005000000002
Real Gross Domestic Product: Utilities (22) in North Carolina
NCUTILRQGSP
Number of Member Commercial Banks in North Carolina
X08CBMBTNC
All Employees: Transportation and Utilities: Couriers and Messengers in North Carolina
SMU37000004349200001SA
Average Weekly Earnings of All Employees: Professional and Business Services in North Carolina
SMU37000006000000011
Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in North Carolina (BFSBF4QTOTALSANC), retrieved from FRED.