Corporations Reporting Income, Mining and Quarrying for United States
A09012USA144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
273.90
Year-over-Year Change
-17.67%
Date Range
1/1/1916 - 1/1/1940
Summary
This economic trend measures the income reported by corporations in the mining and quarrying industry in the United States. It provides insight into the financial health and performance of this key sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Corporations Reporting Income, Mining and Quarrying for United States series tracks the total income reported by corporations operating in the mining and quarrying industries. This metric is used by economists and policymakers to assess the overall condition of the extractive industries and their contribution to the broader economy.
Methodology
The data is collected by the U.S. Federal Reserve through corporate financial reporting.
Historical Context
This trend is relevant for understanding macroeconomic conditions and informing policy decisions affecting the energy, materials, and industrial sectors.
Key Facts
- Mining and quarrying account for over 2% of U.S. GDP.
- Corporate income in this sector has fluctuated significantly in recent decades.
- The data is published quarterly with a 3-month lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total income reported by corporations operating in the mining and quarrying industries in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and performance of a key sector of the U.S. economy, which is important for understanding broader macroeconomic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through corporate financial reporting.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers and analysts seeking to understand the state of the energy, materials, and industrial sectors and their contribution to the broader economy.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag.
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Citation
U.S. Federal Reserve, Corporations Reporting Income, Mining and Quarrying for United States (A09012USA144NNBR), retrieved from FRED.