In eloualiche/entrydatar: Download and process data of firm entry from BLS, Census, etc...

The dataset is small so it is available directly with the package (no download required). It includes three variables:

1. nbf: Index of net business formation (1967=100)
2. nbi: Number of new business incorporations (number)
3. cbf: Current liabilities of business failures, NSA (mil. $)

Load it with:

entrydatar::scb

The data has both monthly and annual frequency component:

     date_ym nbf_annual   nbf nbi_annual   nbi cbf_annual    cbf
  1:  194801      101.1 115.7      95462  9380      234.6   13.0
  2:  194802      101.1 107.5      95462  8329      234.6   25.6
  3:  194803      101.1 105.0      95462  8349      234.6   17.5
  4:  194804      101.1 104.5      95462  8396      234.6   15.3
  5:  194805      101.1 103.7      95462  8064      234.6   13.8
 ---                                                            
560:  199408      125.5 125.8     741059 64844    28943.9 2106.8
561:  199409      125.5 125.3     741059 64564    28943.9 3434.0
562:  199410      125.5 124.6     741059 60488    28943.9 2023.1
563:  199411      125.5 127.9     741059 64542    28943.9 2511.8
564:  199412      125.5 127.3     741059 62908    28943.9 3108.0

There is also a function like the other in this package to access an interval:

entrydatar::get_nbf(1980, 1998)

Note that the data only extends to 1994 (included).

Quick summary stats:

skimr::skim(entrydatar::get_nbf(1980, 1998)[, lapply(.SD, as.numeric), .SDcols = c("nbi", "nbf", "cbf")])
Skim summary statistics
 n obs: 180 
 n variables: 3 

Variable type: numeric 
  variable missing complete   n     mean      sd     min      p25  median      p75     max     hist
1      cbf       0      180 180  3276.13 2699.21   190.8  1614.83  2684    3941.58 15757.6 ▇▇▂▂▁▁▁▁
2      nbf       0      180 180   121.34    4.42   112     118.5    121.1   124.53   137.9 ▂▃▇▅▃▁▁▁
3      nbi       0      180 180 54048.79 5149.2  40648   50663.25 54809   57616.75 65691   ▁▂▃▆▇▇▂▂

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From the original file, we have the sources of the information gathered here:

• Mr. Neil DiBernardo (new business incorporations and business failures), The Dun & Bradstreet Corporation, Economic Analysis Department (Other component data are not available to the public.)

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(c) Erik Loualiche

eloualiche/entrydatar documentation built on Aug. 20, 2023, 1:56 p.m.