Table Data - Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Michigan

Title	Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Michigan
Series ID	BFDUR8QTOTALNSAMI
Source	U.S. Census Bureau
Release	Business Formation Statistics
Seasonal Adjustment	Not Seasonally Adjusted
Frequency	Monthly
Units	Number of Quarters
Date Range	2004-07-01 to 2020-12-01
Last Updated	2024-11-14 11:08 AM CST
Notes	A measure of delay between business application and formation, measured as the average duration (in quarters) between the quarter of business application and the quarter of business formation, conditional on business formation within eight quarters. See the U.S. Census's FAQs for more details.

DATE	VALUE
2004-07-01	1.24
2004-08-01	1.52
2004-09-01	1.82
2004-10-01	1.36
2004-11-01	1.45
2004-12-01	1.78
2005-01-01	1.05
2005-02-01	1.36
2005-03-01	1.67
2005-04-01	1.23
2005-05-01	1.42
2005-06-01	1.70
2005-07-01	1.18
2005-08-01	1.44
2005-09-01	1.75
2005-10-01	1.21
2005-11-01	1.50
2005-12-01	1.75
2006-01-01	1.17
2006-02-01	1.52
2006-03-01	1.77
2006-04-01	1.29
2006-05-01	1.62
2006-06-01	1.89
2006-07-01	1.27
2006-08-01	1.58
2006-09-01	1.91
2006-10-01	1.48
2006-11-01	1.67
2006-12-01	1.80
2007-01-01	1.23
2007-02-01	1.45
2007-03-01	1.81
2007-04-01	1.24
2007-05-01	1.53
2007-06-01	1.68
2007-07-01	1.30
2007-08-01	1.41
2007-09-01	1.92
2007-10-01	1.42
2007-11-01	1.47
2007-12-01	1.76
2008-01-01	1.25
2008-02-01	1.36
2008-03-01	1.81
2008-04-01	1.41
2008-05-01	1.44
2008-06-01	1.66
2008-07-01	1.47
2008-08-01	1.57
2008-09-01	1.92
2008-10-01	1.49
2008-11-01	1.77
2008-12-01	1.83
2009-01-01	1.35
2009-02-01	1.55
2009-03-01	1.99
2009-04-01	1.50
2009-05-01	1.51
2009-06-01	2.07
2009-07-01	1.72
2009-08-01	1.74
2009-09-01	2.14
2009-10-01	1.73
2009-11-01	1.76
2009-12-01	2.00
2010-01-01	1.32
2010-02-01	1.69
2010-03-01	1.96
2010-04-01	1.63
2010-05-01	1.67
2010-06-01	1.94
2010-07-01	1.65
2010-08-01	1.64
2010-09-01	2.02
2010-10-01	1.65
2010-11-01	1.68
2010-12-01	2.03
2011-01-01	1.40
2011-02-01	1.67
2011-03-01	1.91
2011-04-01	1.63
2011-05-01	1.64
2011-06-01	1.94
2011-07-01	1.72
2011-08-01	1.74
2011-09-01	2.01
2011-10-01	1.49
2011-11-01	1.74
2011-12-01	1.99
2012-01-01	1.41
2012-02-01	1.72
2012-03-01	1.96
2012-04-01	1.40
2012-05-01	1.67
2012-06-01	2.01
2012-07-01	1.58
2012-08-01	1.84
2012-09-01	2.19
2012-10-01	1.58
2012-11-01	1.81
2012-12-01	1.95
2013-01-01	1.46
2013-02-01	1.90
2013-03-01	2.11
2013-04-01	1.52
2013-05-01	1.84
2013-06-01	2.16
2013-07-01	1.55
2013-08-01	1.93
2013-09-01	2.25
2013-10-01	1.79
2013-11-01	2.10
2013-12-01	2.06
2014-01-01	1.61
2014-02-01	2.00
2014-03-01	2.15
2014-04-01	1.76
2014-05-01	2.03
2014-06-01	2.18
2014-07-01	1.82
2014-08-01	2.04
2014-09-01	2.15
2014-10-01	1.68
2014-11-01	2.03
2014-12-01	2.06
2015-01-01	1.63
2015-02-01	2.06
2015-03-01	2.08
2015-04-01	1.82
2015-05-01	1.86
2015-06-01	2.14
2015-07-01	1.86
2015-08-01	2.11
2015-09-01	2.23
2015-10-01	1.86
2015-11-01	1.86
2015-12-01	2.07
2016-01-01	1.68
2016-02-01	1.97
2016-03-01	2.09
2016-04-01	1.71
2016-05-01	1.93
2016-06-01	2.27
2016-07-01	1.73
2016-08-01	2.26
2016-09-01	2.49
2016-10-01	1.87
2016-11-01	2.27
2016-12-01	2.14
2017-01-01	1.66
2017-02-01	1.98
2017-03-01	2.19
2017-04-01	1.76
2017-05-01	1.88
2017-06-01	2.26
2017-07-01	1.84
2017-08-01	1.98
2017-09-01	2.40
2017-10-01	1.82
2017-11-01	2.14
2017-12-01	2.22
2018-01-01	1.76
2018-02-01	1.95
2018-03-01	2.32
2018-04-01	1.86
2018-05-01	2.01
2018-06-01	2.26
2018-07-01	1.79
2018-08-01	2.01
2018-09-01	2.48
2018-10-01	1.85
2018-11-01	2.09
2018-12-01	2.32
2019-01-01	1.86
2019-02-01	2.17
2019-03-01	2.50
2019-04-01	1.89
2019-05-01	2.29
2019-06-01	2.40
2019-07-01	2.09
2019-08-01	2.25
2019-09-01	2.45
2019-10-01	2.24
2019-11-01	2.21
2019-12-01	2.51
2020-01-01	2.01
2020-02-01	2.67
2020-03-01	2.86
2020-04-01	2.36
2020-05-01	2.45
2020-06-01	2.63
2020-07-01	2.24
2020-08-01	2.40
2020-09-01	2.48
2020-10-01	2.04
2020-11-01	2.29
2020-12-01	2.47

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