Quarterly
BPCATT01BRQ637N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172,000,000.00
Year-over-Year Change
-62.77%
Date Range
1/1/1979 - 10/1/2014
Summary
The Quarterly Business Ownership Turnover Rate measures the rate at which businesses open, close, expand, or contract in the United States. This metric is closely watched by economists and policymakers to gauge the dynamism and resilience of the economy.
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 Quarterly Business Ownership Turnover Rate, published by the U.S. Census Bureau, tracks the number of business openings, closures, expansions, and contractions over a three-month period. It provides insight into the entrepreneurial climate and the flexibility of the economy to adapt to changing conditions.
Methodology
The data is collected through business registrations, tax filings, and other administrative records.
Historical Context
This metric is used by policymakers and analysts to assess the health of the business environment and inform decisions around economic policy.
Key Facts
- The Quarterly Business Ownership Turnover Rate averaged 7.9% in 2022.
- Business expansions accounted for the largest share of turnover in recent quarters.
- The turnover rate is a leading indicator of broader economic trends.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Business Ownership Turnover Rate tracks the rate at which businesses open, close, expand, or contract in the United States over a three-month period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the entrepreneurial climate and the flexibility of the economy to adapt to changing conditions, making it a closely watched indicator by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through business registrations, tax filings, and other administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The Quarterly Business Ownership Turnover Rate is used by policymakers and analysts to assess the health of the business environment and inform decisions around economic policy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Census Bureau, Quarterly Business Ownership Turnover Rate (BPCATT01BRQ637N), retrieved from FRED.