Source: U.S. Census Bureau
Release: Business Formation Statistics
This series combines (splices) BFBF8QTOTALSAAZ and BFPBF8QTOTALSAAZ 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.
U.S. Census Bureau, Spliced Business Formations Within Eight Quarters: Total for All NAICS in Arizona [BFSBF8QTOTALSAAZ], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFSBF8QTOTALSAAZ, August 10, 2022.