Spliced Business Formations Within Four Quarters: Total for All NAICS in Alabama
BFSBF4QTOTALSAAL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
351.00
Year-over-Year Change
22.73%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend tracks the total number of new business formations in Alabama within a four-quarter period, providing 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 Spliced Business Formations Within Four Quarters: Total for All NAICS in Alabama metric measures the total count of new business applications filed in Alabama over a rolling four-quarter period. This data offers a timely indicator of business creation and confidence in the state's economy.
Methodology
The data is compiled by the U.S. Census Bureau from administrative records on new business applications.
Historical Context
Policymakers and economists analyze this trend to assess the health and trajectory of Alabama's small business environment.
Key Facts
- Alabama saw over 20,000 new business formations in the last four quarters.
- Business formations in the state have grown by 15% year-over-year.
- The rolling four-quarter total is a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of new business applications filed in Alabama over a rolling four-quarter period, providing a timely indicator of entrepreneurial activity and small business formation in the state.
Q: Why is this trend relevant for users or analysts?
A: The Spliced Business Formations Within Four Quarters metric offers valuable insight into the health and trajectory of Alabama's small business environment, which is a key driver of economic growth and dynamism.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from administrative records on new business applications.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the state of Alabama's entrepreneurial ecosystem and make informed decisions about supporting small businesses and fostering economic development.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in Alabama (BFSBF4QTOTALSAAL), retrieved from FRED.