Federal Reserve Economic Data

Projected Business Formations Within Four Quarters: Real Estate in the United States (BFPBF4QNAICS53SAUS)

Dec 2025: 1,225
Updated: Jan 14, 2026 11:08 AM CST
Dec 2025:  1,225  
Nov 2025:  1,262  
Oct 2025:  1,162  
Sep 2025:  1,218  
Aug 2025:  1,079  
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Units:

Number,
Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Seasonally Adjusted

Frequency:  Monthly

Notes:

The projected number of employer businesses that originate from Business Applications (BA) within four quarters from the quarter of application.

See the U.S. Census's FAQs for more details.

Suggested Citation:

U.S. Census Bureau, Projected Business Formations Within Four Quarters: Real Estate in the United States [BFPBF4QNAICS53SAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFPBF4QNAICS53SAUS, .

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