Spliced Business Formations Within Eight Quarters: Total for All NAICS in Indiana
BFSBF8QTOTALSAIN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
602.00
Year-over-Year Change
-3.06%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend tracks the total number of new business formations in Indiana within eight quarters, across all industries. It provides insight 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 Eight Quarters metric measures the total count of new business establishments started in Indiana, including incorporations, LLCs, and other legal formations. This leading indicator signals the level of entrepreneurship and business creation in the state's economy.
Methodology
The data is compiled by the U.S. Census Bureau from administrative records on new business registrations.
Historical Context
This trend is closely monitored by policymakers, economic development agencies, and investors to assess Indiana's business climate and growth potential.
Key Facts
- Indiana ranked 8th nationally for new business formation in 2021.
- Business formations in Indiana grew by 12.5% in 2022 compared to the prior year.
- The state's largest share of new businesses are in the professional services and retail trade sectors.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new business establishments started in Indiana within an eight-quarter period, across all industries and sectors.
Q: Why is this trend relevant for users or analysts?
A: The level of new business formations is a key indicator of entrepreneurial activity, economic dynamism, and growth potential in Indiana's economy.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from administrative records on new business registrations.
Q: How is this trend used in economic policy?
A: Policymakers, economic development agencies, and investors closely monitor this metric to assess Indiana's business climate and inform decisions around taxation, regulation, and incentives.
Q: Are there update delays or limitations?
A: The data is released quarterly with a 1-2 quarter lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Indiana (BFSBF8QTOTALSAIN), retrieved from FRED.