Projected Business Formations Within Eight Quarters: Total for All NAICS in Mississippi
BFPBF8QTOTALSAMS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238.00
Year-over-Year Change
17.24%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the projected number of new business formations in Mississippi within the next eight quarters across all industries. It provides valuable insights into the state's entrepreneurial activity and economic growth potential.
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 Projected Business Formations Within Eight Quarters trend estimates the number of new businesses expected to be formed in Mississippi over the next two years. This metric is closely watched by policymakers, investors, and economic analysts to gauge the state's business climate and investment opportunities.
Methodology
The data is collected and calculated by the U.S. Census Bureau through statistical modeling and forecasting techniques.
Historical Context
This trend is used by government agencies, financial institutions, and business leaders to inform economic development policies, investment decisions, and strategic planning.
Key Facts
- Mississippi has a total projected 8-quarter business formation of over 8,000 new firms.
- The trend has shown steady growth in new business starts over the past 5 years.
- Service industries account for the largest share of projected new business formations in Mississippi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the projected number of new business formations in Mississippi across all industries over the next eight quarters.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the entrepreneurial activity and economic growth potential of Mississippi, which is important for policymakers, investors, and business leaders.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through statistical modeling and forecasting techniques.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, financial institutions, and business leaders to inform economic development policies, investment decisions, and strategic planning.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be a short delay in the most recent figures becoming available.
Related Trends
Real Gross Domestic Product: Mining, Quarrying, and Oil and Gas Extraction (21) in Mississippi
MSMINRGSP
Chain-Type Quantity Index for Real GDP: Mining (Except Oil and Gas) (212) in Mississippi
MSMINEXOILGASQGSP
90% Confidence Interval Lower Bound of Estimate of Percent of People of All Ages in Poverty for Mississippi
PPCILBAAMS28000A156NCEN
Gross Domestic Product: Accommodation (721) in Mississippi
MSACCOMDNGSP
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Mississippi
SMS28000006054000001
Industrial Carbon Dioxide Emissions, Asphalt and Road Oil for Mississippi
EMISSCO2VARICBMSA
Citation
U.S. Federal Reserve, Projected Business Formations Within Eight Quarters: Total for All NAICS in Mississippi (BFPBF8QTOTALSAMS), retrieved from FRED.