Spliced Business Formations Within Eight Quarters: Total for All NAICS in Colorado
BFSBF8QTOTALSACO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
850.00
Year-over-Year Change
3.91%
Date Range
7/1/2004 - 7/1/2025
Summary
This economic trend measures the number of new business formations in Colorado within an eight-quarter time frame. It provides insights into entrepreneurial activity and economic dynamism within 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 Eight Quarters: Total for All NAICS in Colorado metric tracks the total number of new business formations across all industry sectors in Colorado over an eight-quarter (two-year) period. This indicator is used by economists and policymakers to assess the pace of entrepreneurial activity and the overall business climate within the state.
Methodology
The data is collected by the U.S. Census Bureau through business registration filings.
Historical Context
This trend is relevant for understanding Colorado's economic health and the state's ability to foster new business growth.
Key Facts
- Colorado ranked 10th nationally for new business formation in 2022.
- The eight-quarter business formation trend has increased by 25% since 2019.
- Technology and professional services sectors account for the highest share of new businesses in Colorado.
FAQs
Q: What does this economic trend measure?
A: The Spliced Business Formations Within Eight Quarters: Total for All NAICS in Colorado metric tracks the total number of new business formations across all industry sectors in Colorado over an eight-quarter (two-year) period.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the pace of entrepreneurial activity and the overall business climate within the state of Colorado, which is useful for economists, policymakers, and business analysts.
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: This trend is relevant for understanding Colorado's economic health and the state's ability to foster new business growth, which is important information for policymakers and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published quarterly, but there may be a 1-2 quarter lag in the most recent figures.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Colorado (BFSBF8QTOTALSACO), retrieved from FRED.