Revenue from Businesses for Professional, Scientific, and Technical Services, Establishments Subject to Federal Income Tax
Percent Change
BUS54TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.60
Year-over-Year Change
155.56%
Date Range
10/1/2006 - 1/1/2025
Summary
The Percent Change trend measures the quarterly percent change in U.S. business sales of taxable goods and services. It is a key indicator of consumer and business demand.
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 Percent Change series tracks the quarter-over-quarter percent change in total U.S. business sales, excluding non-taxable items. It provides insights into broader economic activity and consumer spending patterns.
Methodology
The data is compiled by the U.S. Census Bureau from surveys of businesses across the country.
Historical Context
This metric is closely watched by policymakers, analysts, and investors to gauge the health of the U.S. economy.
Key Facts
- Percent Change data is released quarterly by the U.S. Census Bureau.
- The metric tracks sales of both goods and services across the U.S. business sector.
- Percent Change provides an early signal of shifts in consumer and business demand.
FAQs
Q: What does this economic trend measure?
A: The Percent Change trend measures the quarterly percent change in total U.S. business sales of taxable goods and services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into broader economic activity and consumer spending patterns, making it a closely watched indicator for policymakers, analysts, and investors.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from surveys of businesses across the country.
Q: How is this trend used in economic policy?
A: Percent Change is used by policymakers, economists, and market participants to gauge the health of the U.S. economy and consumer demand.
Q: Are there update delays or limitations?
A: The Percent Change data is released quarterly by the Census Bureau, with a typical delay of several weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Percent Change (BUS54TAXABL157QNSA), retrieved from FRED.