Observation:
Dec 2020: 2.39 (+ more) Updated: Nov 14, 2024 11:08 AM CSTDec 2020: | 2.39 | |
Nov 2020: | 2.33 | |
Oct 2020: | 2.21 | |
Sep 2020: | 2.59 | |
Aug 2020: | 2.33 | |
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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 eight 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 Eight Quarters: Total for All NAICS in Illinois [BFDUR8QTOTALNSAIL], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/BFDUR8QTOTALNSAIL, .