U.S. Time Series Insights: Business Formations within Four Quarters (2004-2021)
š Growth Rate Chart: Year-over-Year % Change (2006-2021)
Use this to identify economic expansion periods (e.g., post-2008 recovery) or contractions (e.g., 2020 pandemic impact). Sharp changes may reflect policy shifts or economic events.
Description: This chart shows the year-over-year (YoY) percentage change in total U.S. business formations from 2006 to 2021, using 2005 as the baseline (2004 is partial, starting July). Positive values (above 0%) indicate growth, while negative values (below 0%) show declines.
š Peak/Trough Analysis: Monthly Formations (2004-2021)
Use this to pinpoint critical moments (e.g., post-2008 recovery highs or recession lows) and assess resilience or volatility in formation trends over time.
Description: This line chart tracks monthly U.S. business formations from July 2004 to December 2021, highlighting the peak (highest) and trough (lowest) months. The green line marks the peak, and the red line marks the trough, with labels showing dates and values.