Spliced Business Formations Within Eight Quarters: Total for All NAICS in Arkansas
BFSBF8QTOTALSAAR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
318.00
Year-over-Year Change
21.37%
Date Range
7/1/2004 - 6/1/2025
Summary
The 'Spliced Business Formations Within Eight Quarters: Total for All NAICS in Arkansas' trend tracks the total number of new business formations in Arkansas within an 8-quarter period. This metric is a key indicator of 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 data series measures the total number of new businesses formed in Arkansas within an 8-quarter (2-year) timeframe across all industry sectors. It provides insight into the entrepreneurial climate and startup growth in the state, which is closely monitored by policymakers and economists.
Methodology
The data is collected by the U.S. Census Bureau through business registration filings.
Historical Context
Policymakers and analysts use this trend to evaluate the business environment and assess the impact of economic development initiatives in Arkansas.
Key Facts
- New business formations in Arkansas peaked in 2021.
- The trend experienced a sharp decline during the COVID-19 pandemic.
- Rapid growth in business formations is a key economic policy goal for the state.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of new businesses formed in Arkansas within an 8-quarter (2-year) period across all industry sectors.
Q: Why is this trend relevant for users or analysts?
A: The business formations metric provides insight into the entrepreneurial climate and startup growth in Arkansas, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business registration filings.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the business environment and assess the impact of economic development initiatives in Arkansas.
Q: Are there update delays or limitations?
A: The data may have a lag of several quarters due to the time required for business registrations to be processed and reported.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Arkansas (BFSBF8QTOTALSAAR), retrieved from FRED.