Projected Business Formations Within Four Quarters: Total for All NAICS in Louisiana
BFPBF4QTOTALNSALA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
233.00
Year-over-Year Change
25.27%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic indicator tracks the projected number of new business formations in Louisiana over the next four quarters, covering all industries. It provides insights into future economic activity and entrepreneurship in the state.
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 Four Quarters metric forecasts the total number of new business startups expected to occur in Louisiana over the next year. This forward-looking data helps policymakers and analysts assess the state's entrepreneurial climate and anticipate changes in employment, investment, and economic output.
Methodology
The data is collected and calculated by the U.S. Census Bureau using statistical modeling and projections.
Historical Context
This indicator is used by government agencies, economic development organizations, and market analysts to inform policy decisions and investment strategies.
Key Facts
- The series is updated quarterly.
- Louisiana ranked 10th among U.S. states for projected business formations in 2022.
- New business startups are a key driver of job creation and economic dynamism.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the projected number of new business formations expected to occur in Louisiana over the next four quarters, covering all industries and sectors.
Q: Why is this trend relevant for users or analysts?
A: The Projected Business Formations metric provides valuable insights into Louisiana's entrepreneurial climate and anticipated changes in employment, investment, and economic output.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau using statistical modeling and projections.
Q: How is this trend used in economic policy?
A: This indicator is used by government agencies, economic development organizations, and market analysts to inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The series is updated quarterly, with a short lag time. The data may be subject to revisions as new information becomes available.
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Citation
U.S. Federal Reserve, Projected Business Formations Within Four Quarters: Total for All NAICS in Louisiana (BFPBF4QTOTALNSALA), retrieved from FRED.