Monthly

GDBFRM • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,623.70

Year-over-Year Change

314.95%

Date Range

1/1/1959 - 1/1/2021

Summary

The GDBFRM series tracks monthly business formation rates in the United States, providing critical insights into entrepreneurial activity and economic dynamism. This metric serves as a leading indicator of potential economic growth and small business sector health.

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

This economic indicator measures the number of new business establishments created each month across various sectors and regions. Economists use this data to assess economic resilience, potential job creation, and overall entrepreneurial sentiment.

Methodology

Data is collected through business registration records and administrative filings from state and federal agencies, then compiled and standardized by the U.S. Federal Reserve.

Historical Context

Policymakers and investors use business formation trends to forecast economic expansion, assess market opportunities, and develop targeted economic development strategies.

Key Facts

  • Tracks monthly new business establishment rates across the United States
  • Provides insights into economic potential and entrepreneurial momentum
  • Serves as a leading indicator of economic growth and job creation potential

FAQs

Q: What does the GDBFRM series measure?

A: The GDBFRM series measures the monthly rate of new business formations across different sectors in the United States, indicating entrepreneurial activity and economic potential.

Q: Why are business formation rates important?

A: Business formation rates reflect economic dynamism, potential job creation, innovation potential, and overall economic health and resilience.

Q: How are business formations tracked?

A: Business formations are tracked through administrative records, business registration filings, and comprehensive data collection from state and federal agencies.

Q: How do policymakers use this data?

A: Policymakers use business formation data to develop economic strategies, assess market conditions, and design targeted support for emerging businesses and entrepreneurs.

Q: How frequently is this data updated?

A: The GDBFRM series is updated monthly, providing current and timely insights into business creation trends across the United States.

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Related Trends

Citation

U.S. Federal Reserve, Monthly [GDBFRM], retrieved from FRED.

Last Checked: 8/1/2025