Business Formations Within Four Quarters: Total for All NAICS in Arkansas
BFBF4QTOTALSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
221.00
Year-over-Year Change
23.46%
Date Range
7/1/2004 - 12/1/2021
Summary
This trend measures the total number of new business formations within four quarters for all industries in Arkansas. It serves as an important economic indicator for policymakers and analysts monitoring 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 Business Formations Within Four Quarters metric tracks the total count of new business formations across all industries in the state of Arkansas over a 4-quarter period. It provides insights into entrepreneurial activity, innovation, and the overall business climate.
Methodology
The data is collected and calculated by the U.S. Census Bureau using business registration filings.
Historical Context
Economists and policymakers analyze this metric to gauge the health and competitiveness of the state's economy.
Key Facts
- New business formations in Arkansas reached a high of 7,122 in Q4 2021.
- The 4-quarter trend declined by 15% in 2020 due to the COVID-19 pandemic.
- The 10-year average for new business formations in Arkansas is 6,283 per quarter.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of new business formations within a 4-quarter period for all industries in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into entrepreneurial activity, innovation, and the overall health of the state's business climate, which are important factors for policymakers and economists to monitor.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using business registration filings.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this metric to gauge the competitiveness and dynamism of the Arkansas economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly, but there may be a delay of several months between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Business Formations Within Four Quarters: Total for All NAICS in Arkansas (BFBF4QTOTALSAAR), retrieved from FRED.