Projected Business Formations Within Four Quarters: Total for All NAICS in Hawaii
BFPBF4QTOTALSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
3.90%
Date Range
7/1/2004 - 6/1/2025
Summary
This economic trend tracks the projected number of new business formations in Hawaii within the next four quarters across all industry sectors. It provides insight into entrepreneurial activity and economic dynamism 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 businesses expected to be formed in Hawaii over the next year. It is a key indicator of entrepreneurial confidence and broader economic conditions within the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on statistical modeling of business registration filings.
Historical Context
This trend is widely monitored by policymakers, investors, and economic analysts to gauge the business climate and development potential in Hawaii.
Key Facts
- Hawaii has seen steady growth in projected business formations in recent years.
- The manufacturing and professional services sectors account for a large share of new business starts in the state.
- Startup activity tends to be concentrated in the Honolulu metropolitan area.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the projected number of new business formations expected to occur in Hawaii over the next four quarters across all industry sectors.
Q: Why is this trend relevant for users or analysts?
A: The Projected Business Formations metric provides insight into entrepreneurial confidence and broader economic conditions in Hawaii, making it a closely watched indicator for policymakers, investors, and economic analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data based on statistical modeling of business registration filings.
Q: How is this trend used in economic policy?
A: Policymakers closely monitor this indicator to gauge the business climate and development potential in Hawaii, informing economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several months, and 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 Hawaii (BFPBF4QTOTALSAHI), retrieved from FRED.