Spliced Business Formations Within Eight Quarters: Total for All NAICS in Nebraska
BFSBF8QTOTALSANE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217.00
Year-over-Year Change
6.90%
Date Range
7/1/2004 - 7/1/2025
Summary
The 'Spliced Business Formations Within Eight Quarters: Total for All NAICS in Nebraska' trend measures the total number of new businesses formed in Nebraska within an 8-quarter period. This 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
This indicator tracks the total number of new business formations in Nebraska across all North American Industry Classification System (NAICS) sectors. It helps economists and policymakers assess the state's entrepreneurial climate and small business development.
Methodology
The data is compiled by the U.S. Census Bureau from business registration filings.
Historical Context
This metric is used to monitor economic conditions and inform policy decisions related to small business support and regional development.
Key Facts
- Nebraska ranked 16th nationally for new business formations in 2021.
- The state saw a 12% increase in new business registrations from 2020 to 2021.
- Professional services, retail trade, and construction were the top NAICS sectors for new businesses in Nebraska.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of new businesses formed in Nebraska across all industry sectors within an 8-quarter period.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into entrepreneurial activity and small business development in Nebraska, which is relevant for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from business registration filings.
Q: How is this trend used in economic policy?
A: This metric is used to monitor economic conditions and inform policy decisions related to small business support and regional development in Nebraska.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Nebraska (BFSBF8QTOTALSANE), retrieved from FRED.