Gross Domestic Product: Arts, Entertainment, and Recreation (71) in the Southeast BEA Region
Quarterly, Seasonally Adjusted Annual Rate
SESTARTENTRECNQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76,832.60
Year-over-Year Change
49.11%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted Annual Rate (SESTARTENTRECNQGSP) measures the seasonally adjusted annualized rate of new business startups in the United States. This metric is a key indicator of 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 Quarterly, Seasonally Adjusted Annual Rate tracks the number of new business applications filed with the Internal Revenue Service on a quarterly basis. This data provides insights into the pace of new firm creation, a critical driver of innovation, job growth, and economic resilience.
Methodology
The U.S. Census Bureau collects and publishes this data based on administrative records from the IRS.
Historical Context
Policymakers and analysts closely monitor this trend to assess the health and vitality of the entrepreneurial ecosystem.
Key Facts
- Quarterly data series began in 2004.
- The U.S. averaged over 350,000 new business applications per quarter in 2022.
- Startup activity is a leading indicator of future economic growth.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted Annual Rate measures the number of new business applications filed with the IRS on a quarterly basis, providing insights into the pace of entrepreneurial activity in the United States.
Q: Why is this trend relevant for users or analysts?
A: The rate of new business startups is a key indicator of economic dynamism and innovation. Monitoring this trend helps policymakers and analysts assess the health and growth potential of the entrepreneurial ecosystem.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and publishes this data based on administrative records from the Internal Revenue Service.
Q: How is this trend used in economic policy?
A: Policymakers and institutions closely track this metric to understand the state of entrepreneurial activity, which can inform decisions on economic development, tax policies, and programs supporting small businesses and startups.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a lag of several months. There may be limitations in capturing all new business applications, particularly for informal or non-employer firms.
Related Trends
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SESTPRIGOODPRONGSP
Real Gross Domestic Product: Professional, Scientific, and Technical Services (54) in the Southeast BEA Region
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Real Gross Domestic Product: Government and Government Enterprises (92) in the Southeast BEA Region
SESTGOVRGSP
Real Gross Domestic Product: Rental and Leasing Services and Lessors of Nonfinancial Intangible Assets (532-533) in the Southeast BEA Region
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Chain-Type Quantity Index for Real GDP: All Industry Total in the Southeast BEA Region
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted Annual Rate (SESTARTENTRECNQGSP), retrieved from FRED.