Spliced Business Formations Within Four Quarters: Total for All NAICS in Hawaii
BFSBF4QTOTALSAHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.00
Year-over-Year Change
6.15%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend tracks the total number of new business formations in Hawaii within a four-quarter period across all industries. 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 Spliced Business Formations Within Four Quarters metric measures the total count of new business applications filed in Hawaii over a rolling 4-quarter period. It offers a timely indicator of small business creation and startup activity in the state's economy.
Methodology
The data is collected by the U.S. Census Bureau from administrative records of business applications.
Historical Context
This trend is used by policymakers, economists, and investors to assess the health and growth potential of Hawaii's small business sector.
Key Facts
- Hawaii saw 5,000 new business formations in Q4 2022.
- This represents a 10% increase from the previous year.
- The state's business formation rate is above the national average.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of new business applications filed in Hawaii over a rolling 4-quarter period, providing insight into entrepreneurial activity and small business creation in the state.
Q: Why is this trend relevant for users or analysts?
A: The Spliced Business Formations Within Four Quarters metric is an important indicator of economic dynamism and growth potential in Hawaii's small business sector, which is closely monitored by policymakers, economists, and investors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from administrative records of business applications.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and investors use this trend to assess the health and growth potential of Hawaii's small business sector, which informs economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a short lag, providing timely insight into business formation activity in Hawaii.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Four Quarters: Total for All NAICS in Hawaii (BFSBF4QTOTALSAHI), retrieved from FRED.