Source: U.S. Census Bureau
Release: Business Formation Statistics
This series combines (splices) BFBF4QTOTALSAMI and BFPBF4QTOTALSAMI to provide the entire time series for the actual and projected business formations within four quarters.
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U.S. Census Bureau, Spliced Business Formations Within Four Quarters: Total for All NAICS in Michigan [BFSBF4QTOTALSAMI], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFSBF4QTOTALSAMI, August 19, 2022.