Source: U.S. Census Bureau
Release: Business Formation Statistics
This series combines (splices) BFBF4QNAICS53SAUS and BFPBF4QNAICS53SAUS to provide the entire time series for the actual and projected business formations within four quarters.
See the U.S. Census's FAQs for more details.
U.S. Census Bureau, Spliced Business Formations Within Four Quarters: Real Estate in the United States [BFSBF4QNAICS53SAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFSBF4QNAICS53SAUS, July 6, 2022.