Spliced Business Formations Within Four Quarters: Total for All NAICS in Colorado
BFSBF4QTOTALSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
626.00
Year-over-Year Change
2.79%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Spliced Business Formations Within Four Quarters: Total for All NAICS in Colorado' trend measures the total number of new business formations in Colorado within a four-quarter period. This data provides insights 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
This series tracks the total number of new business formations across all industry sectors in Colorado over a rolling 4-quarter period. It is a key indicator of entrepreneurial activity and economic growth potential in the state.
Methodology
The data is collected and calculated by the U.S. Census Bureau from administrative records.
Historical Context
Policymakers and economic analysts use this metric to assess the business climate and entrepreneurial landscape in Colorado.
Key Facts
- Colorado ranks among the top states for new business formations.
- Business formations peaked in 2021 as the economy rebounded from the pandemic.
- The data is updated quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new business formations in Colorado over a rolling 4-quarter period, providing insights into entrepreneurial activity in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic dynamism and growth potential, as new business formations drive job creation and innovation.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau from administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this metric to assess the business climate and entrepreneurial landscape in Colorado, informing economic development strategies.
Q: Are there update delays or limitations?
A: The data is updated quarterly by the U.S. Census Bureau, with a short delay in publication.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in Colorado (BFSBF4QTOTALSACO), retrieved from FRED.