Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Sweden
Annual, Seasonally Adjusted
LFEACNTTSEA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
325,300.00
Year-over-Year Change
2.49%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual number of new business applications filed in the United States, adjusted for seasonal variations. It provides insight into entrepreneurial activity and economic dynamism.
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 Seasonally Adjusted Annual Business Applications series tracks the total number of new business applications filed with the Internal Revenue Service (IRS) over a 12-month period. This metric is commonly used by economists and policymakers to gauge the health and vibrancy of the U.S. entrepreneurial ecosystem.
Methodology
The data is collected by the U.S. Census Bureau through its Business Formation Statistics program.
Historical Context
Policymakers monitor this metric to assess the economic climate and identify trends that may inform small business and entrepreneurship initiatives.
Key Facts
- The annual number of new business applications in the U.S. reached a record high in 2020.
- Entrepreneurial activity is a key driver of innovation and economic growth.
- Seasonal adjustments help identify underlying trends in business formation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual number of new business applications filed in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into entrepreneurial activity and economic dynamism, which are important indicators of a healthy and vibrant business environment.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Business Formation Statistics program.
Q: How is this trend used in economic policy?
A: Policymakers monitor this metric to assess the economic climate and identify trends that may inform small business and entrepreneurship initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag, but the seasonally adjusted format helps identify underlying trends.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Clothing and Footwear for Sweden
SWECP030000IXOBM
Consumer Price Index: Restaurants and Hotels (COICOP 11): Total for Sweden
SWECP110000GPM
Leading Indicators OECD: Leading indicators: CLI: Amplitude adjusted for Sweden
SWELOLITOAASTSAM
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Sweden
SWECP030000IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Furnishings, Household Equipment and Routine Household Maintenance for Sweden
SWECPHP0500IXOBM
Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Sweden
LFEACNTTSEQ647S
Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFEACNTTSEA647S), retrieved from FRED.