Private New Construction Activity, Business for United States
Monthly
M0274BUSM398NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,682.00
Year-over-Year Change
0.06%
Date Range
1/1/1946 - 12/1/1966
Summary
The Monthly trend measures the number of business formations in the United States. This metric is a leading indicator of economic activity and business investment.
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 Monthly trend tracks the number of new business applications filed with the U.S. Census Bureau. It provides insight into entrepreneurship, innovation, and the broader health of the American economy.
Methodology
The data is collected through the Census Bureau's Business Formation Statistics program.
Historical Context
Policymakers and analysts monitor this trend to gauge business confidence and anticipate future economic conditions.
Key Facts
- New business applications reached a record high in 2020.
- The Monthly trend tends to be a leading indicator of broader economic growth.
- Regions with high levels of new business formation often see stronger employment and income gains.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the number of new business applications filed with the U.S. Census Bureau. It serves as a real-time indicator of entrepreneurial activity and business formation.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend provides valuable insights into the health and dynamism of the U.S. economy. Rising business applications often signal increased entrepreneurship, innovation, and future economic growth.
Q: How is this data collected or calculated?
A: The data is collected through the Census Bureau's Business Formation Statistics program, which tracks the number of new business applications.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor the Monthly trend to gauge business confidence, anticipate future economic conditions, and inform policy decisions related to entrepreneurship and investment.
Q: Are there update delays or limitations?
A: The Monthly trend data is released on a timely basis, with new figures typically available within a few weeks of the reference period. However, there may be revisions to historical data as the Census Bureau refines its collection and reporting methods.
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Citation
U.S. Federal Reserve, Monthly (M0274BUSM398NNBR), retrieved from FRED.