Projected Business Formations Within Four Quarters: Total for All NAICS in Illinois
Not Seasonally Adjusted
BFPBF4QTOTALNSAIL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
850.00
Year-over-Year Change
10.53%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' trend measures changes in the total U.S. bank credit, an important indicator of financial conditions and lending activity in 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
This series tracks the total outstanding amount of credit extended by commercial banks in the United States, without seasonal adjustments. It provides a raw, unadjusted view of credit trends that can offer insights into economic cycles and credit market dynamics.
Methodology
The Federal Reserve collects this data through regular surveys of commercial banks.
Historical Context
Policymakers and analysts use this trend to understand credit conditions and the broader financial landscape.
Key Facts
- The data is reported on a weekly basis.
- Bank credit includes loans and securities held by commercial banks.
- Total bank credit has trended upward over the long term.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' trend measures the total outstanding credit extended by U.S. commercial banks, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This raw, unadjusted data on bank credit provides insights into broader credit conditions and financial market dynamics that are important for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The Federal Reserve collects this data through regular surveys of commercial banks in the United States.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this bank credit data to assess financial conditions and monitor changes in lending activity, which can inform monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on a weekly basis with no significant delays, providing timely insights into credit market trends.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (BFPBF4QTOTALNSAIL), retrieved from FRED.