Observations

Nov 2025: 33,677

Updated: Dec 12, 2025 11:05 AM CST

Units:

Number,

Not Seasonally Adjusted

Frequency:

Monthly

Notes

Title	Release Dates

Spliced Business Formations Within Eight Quarters: Total for All NAICS in the United States	2021-02-10	2025-12-12

Source

U.S. Census Bureau	2021-02-10	2025-12-12

Release

Business Formation Statistics	2021-02-10	2025-12-12

Units

Number	2021-02-10	2025-12-12

Frequency

Monthly	2021-02-10	2025-12-12

Seasonal Adjustment

Not Seasonally Adjusted	2021-02-10	2025-12-12

Notes

This series combines (splices) BFBF8QTOTALNSAUS (https://fred.stlouisfed.org/series/BFBF8QTOTALNSAUS) and BFPBF8QTOTALNSAUS (https://fred.stlouisfed.org/series/BFPBF8QTOTALNSAUS) to provide the entire time series for the actual and projected business formations within eight quarters. See the U.S. Census's FAQs (https://www.census.gov/econ/bfs/faqs.html) for more details.	2021-02-10	2025-12-12

Spliced Business Formations Within Eight Quarters: Total for All NAICS in the United States (BFSBF8QTOTALNSAUS)