Federal Reserve Economic Data

Average Duration (in Quarters) from Business Application to Formation Within Eight Quarters: Total for All NAICS in Illinois (BFDUR8QTOTALNSAIL)

Observation:

Dec 2019: 2.44 (+ more)   Updated: Nov 13, 2023 11:06 AM CST
Dec 2019:  2.44  
Nov 2019:  2.35  
Oct 2019:  2.15  
Sep 2019:  2.70  
Aug 2019:  2.44  
View All

Units:

Number of Quarters,
Not Seasonally Adjusted

Frequency:

Monthly

NOTES

Source: U.S. Census Bureau  

Release: Business Formation Statistics  

Units:  Number of Quarters, Not Seasonally Adjusted

Frequency:  Monthly

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.

Suggested Citation:

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, .

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