Spliced Business Formations Within Eight Quarters: Total for All NAICS in Ohio
BFSBF8QTOTALSAOH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
928.00
Year-over-Year Change
18.52%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend measures the total number of new business formations within eight quarters for all industries in Ohio. It provides insights into the state's entrepreneurial activity and economic dynamism.
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 total number of new businesses established in Ohio across all sectors of the economy. This data is a key indicator of the state's economic health and can inform policy decisions related to small business support and regional development.
Methodology
The data is collected and calculated by the U.S. Census Bureau through its Business Formation Statistics program.
Historical Context
Policymakers and analysts use this trend to assess the business climate and entrepreneurial environment in Ohio.
Key Facts
- This trend covers all NAICS industries in Ohio.
- Data is reported on a quarterly basis.
- Formations are counted within an 8-quarter window.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business formations in Ohio across all industries within an 8-quarter period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the entrepreneurial activity and economic dynamism of Ohio, which is useful for policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through its Business Formation Statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the business climate and inform decisions related to small business support and regional economic development in Ohio.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical 2-3 month delay in availability.
Related Trends
All Employees: Leisure and Hospitality: Accommodation and Food Services in Ohio
SMS39000007072000001
State Government Tax Collections, Severance Taxes in Ohio
OHSVRNCTAX
Residential Carbon Dioxide Emissions, All Fuels for Ohio
EMISSCO2TOTVRCTOOHA
Per Capita Personal Consumption Expenditures: Services: Housing and Utilities for Ohio
OHPCEPCHOUSUTL
Average Weekly Earnings of Production Employees: Manufacturing in Ohio
SMU39000003000000030A
Wholesale Trade Earnings in Ohio
OHEWHO
Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Ohio (BFSBF8QTOTALSAOH), retrieved from FRED.