Individual Income Tax Filing: Tax Credits: General Business Credit

Thousands of U.S. Dollars

GRBSCTA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,130,911.00

Year-over-Year Change

550.14%

Date Range

1/1/1999 - 1/1/2016

Summary

The 'Thousands of U.S. Dollars' trend measures the value of U.S. gross business savings in thousands of U.S. dollars. This metric is crucial for understanding corporate finances and business investment.

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 'Thousands of U.S. Dollars' trend represents the total amount of retained earnings, depreciation, and other internal funds held by U.S. businesses. Economists and policymakers analyze this data to gauge the financial health and investment capacity of the private sector.

Methodology

The data is calculated by the U.S. Bureau of Economic Analysis based on corporate financial reports.

Historical Context

Trends in gross business savings provide insight into the capital resources available for business expansion, research, and job creation.

Key Facts

  • Gross business savings reached a record high of $2.78 trillion in Q4 2021.
  • Business savings as a share of GDP peaked at 14.8% in 2020 due to pandemic-related factors.
  • The personal saving rate has exceeded the business saving rate since the 2008 financial crisis.

FAQs

Q: What does this economic trend measure?

A: The 'Thousands of U.S. Dollars' trend measures the total amount of retained earnings, depreciation, and other internal funds held by U.S. businesses.

Q: Why is this trend relevant for users or analysts?

A: Trends in gross business savings provide crucial insight into the financial health and investment capacity of the private sector, which is vital for understanding economic growth and policymaking.

Q: How is this data collected or calculated?

A: The data is calculated by the U.S. Bureau of Economic Analysis based on corporate financial reports.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this metric to gauge the capital resources available for business expansion, research, and job creation, which informs decisions on economic stimulus, tax policy, and other interventions.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of approximately two months, so it may not reflect the most recent economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Thousands of U.S. Dollars (GRBSCTA), retrieved from FRED.