Federal Reserve Economic Data

Spliced Business Formations Within Eight Quarters: Real Estate in the United States (BFSBF8QNAICS53NSAUS)

Nov 2025: 1,270
Updated: Dec 12, 2025 11:05 AM CST
Nov 2025:  1,270  
Oct 2025:  1,489  
Sep 2025:  1,220  
Aug 2025:  1,134  
Jul 2025:  1,244  
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Units:

Number,
Not Seasonally Adjusted

Frequency:

Monthly

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Notes

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number, Not Seasonally Adjusted

Frequency:  Monthly

Notes:

This series combines (splices) BFBF8QNAICS53NSAUS and BFPBF8QNAICS53NSAUS to provide the entire time series for the actual and projected business formations within eight quarters.

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

Suggested Citation:

U.S. Census Bureau, Spliced Business Formations Within Eight Quarters: Real Estate in the United States [BFSBF8QNAICS53NSAUS], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFSBF8QNAICS53NSAUS, .

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