Revenue from Businesses for Other Administrative and Support Services, Establishments Subject to Federal Income Tax
BUS561YTAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.60
Year-over-Year Change
0.00%
Date Range
10/1/2006 - 10/1/2021
Summary
This economic trend measures revenue from businesses providing other administrative and support services, such as employment services, business support, and waste management. It is an important indicator of economic activity and demand for these crucial business services.
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 'Revenue from Businesses for Other Administrative and Support Services, Establishments Subject to Federal Income Tax' metric tracks quarterly revenue for a broad range of professional and operational support services. This data provides insight into the overall health and growth of this diverse service sector.
Methodology
The data is collected through surveys of businesses subject to federal income tax.
Historical Context
This trend is closely monitored by policymakers and analysts to gauge non-manufacturing business activity and growth.
Key Facts
- Covers revenue from employment services, travel arrangement, and other administrative support.
- Provides insight into the overall health of the professional and operational services sector.
- Data is collected quarterly from businesses subject to federal income tax.
FAQs
Q: What does this economic trend measure?
A: This trend measures quarterly revenue from businesses providing a range of administrative and support services, including employment services, business support, and waste management.
Q: Why is this trend relevant for users or analysts?
A: This metric offers important insights into the overall health and growth of the professional and operational services sector, which is a crucial part of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses subject to federal income tax.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend as an indicator of non-manufacturing business activity and growth.
Q: Are there update delays or limitations?
A: The data is published quarterly, so there may be a short delay in the most recent figures being available.
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Citation
U.S. Federal Reserve, Revenue from Businesses for Other Administrative and Support Services, Establishments Subject to Federal Income Tax (BUS561YTAXABL157QNSA), retrieved from FRED.