Business Formations Within Eight Quarters: Total for All NAICS in Colorado
Not Seasonally Adjusted
BFBF8QTOTALNSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
640.00
Year-over-Year Change
9.03%
Date Range
7/1/2004 - 12/1/2020
Summary
The 'Not Seasonally Adjusted' economic trend measures the total number of new business formations filed with the U.S. Census Bureau, without adjusting for typical seasonal patterns.
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 measure represents the raw count of new business applications, providing a direct indication of entrepreneurial activity and economic dynamism without the influence of recurring seasonal factors.
Methodology
The data is collected directly from administrative filings with the U.S. Census Bureau.
Historical Context
The 'Not Seasonally Adjusted' trend is closely monitored by economists and policymakers as an early indicator of business cycle movements.
Key Facts
- The series began in 2004.
- New business applications surged during the COVID-19 pandemic.
- The data is released on a weekly basis.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the raw count of new business applications filed with the U.S. Census Bureau, without adjusting for typical seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a direct indicator of entrepreneurial activity and economic dynamism, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected directly from administrative filings with the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: The 'Not Seasonally Adjusted' trend is used by economists and institutions to assess business cycle movements and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a weekly basis, with minimal delays.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFBF8QTOTALNSACO), retrieved from FRED.