Spliced Business Formations Within Eight Quarters: Total for All NAICS in Northeast Census Region
BFSBF8QTOTALNSANO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,693.00
Year-over-Year Change
7.76%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend measures the number of new business formations within eight quarters in the Northeast Census Region across all industries. It provides insights into entrepreneurial activity and regional economic conditions.
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 Eight Quarters metric tracks the volume of new business starts in the Northeast over a two-year period. This data point is used by economists and policymakers to assess the health and dynamism of the regional economy.
Methodology
The data is collected by the U.S. Census Bureau through business registration filings.
Historical Context
This trend serves as an indicator of economic growth and confidence in the Northeast.
Key Facts
- The Northeast Census Region includes CT, ME, MA, NH, NJ, NY, PA, RI, and VT.
- Business formations are a leading indicator of economic growth and job creation.
- This metric is updated quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business formations in the Northeast Census Region within an eight-quarter (two-year) period across all industries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into entrepreneurial activity and the overall health of the regional economy. It is used by economists and policymakers to assess economic conditions and growth potential.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business registration filings.
Q: How is this trend used in economic policy?
A: This trend serves as an indicator of economic growth and confidence in the Northeast region, informing decision-making by government, businesses, and investors.
Q: Are there update delays or limitations?
A: The data is updated quarterly, with a typical delay of 3-6 months.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Northeast Census Region (BFSBF8QTOTALNSANO), retrieved from FRED.