Observation:
Dec 2021: 1.63 (+ more) Updated: Nov 14, 2024 11:06 AM CSTDec 2021: | 1.63 | |
Nov 2021: | 1.38 | |
Oct 2021: | 1.09 | |
Sep 2021: | 1.69 | |
Aug 2021: | 1.36 | |
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Units:
Number of Quarters,Frequency:
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Source: U.S. Census Bureau
Release: Business Formation Statistics
Units: Number of Quarters, Not Seasonally Adjusted
Frequency: Monthly
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 four quarters.
See the U.S. Census's FAQs for more details.
U.S. Census Bureau, Average Duration (in Quarters) from Business Application to Formation Within Four Quarters: Total for All NAICS in Midwest Census Region [BFDUR4QTOTALNSAMW], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFDUR4QTOTALNSAMW, .