Chain-Type Quantity Index for Real GDP: Information (51) in North Carolina
Quarterly, Seasonally Adjusted
NCINFOQQGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.92
Year-over-Year Change
19.99%
Date Range
1/1/2005 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted trend measures the net income of U.S. nonfinancial corporations, providing insight into the financial health and profitability of the corporate 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
This metric represents the after-tax net income of all nonfinancial corporations in the United States, adjusting for seasonal variations. It is a key indicator of the overall profitability and financial standing of the corporate landscape.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on tax and financial reporting from nonfinancial firms.
Historical Context
Economists and policymakers closely monitor this trend to assess the strength of the private sector and make informed decisions.
Key Facts
- Reached a record high of $2.3 trillion in Q4 2021.
- Declined by 2.7% in Q1 2022 due to inflationary pressures.
- Has grown at an average annual rate of 5.2% since 2010.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the net income of U.S. nonfinancial corporations after taxes and seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall profitability and financial health of the private sector, which is crucial for economists and policymakers in assessing the strength of the economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on tax and financial reporting from nonfinancial firms.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to understand the financial standing of the corporate sector and make informed decisions about economic policy and regulations.
Q: Are there update delays or limitations?
A: The data is released quarterly, with a delay of approximately 3 months. There may be revisions to historical data as more information becomes available.
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90% Confidence Interval Lower Bound of Estimate of People of All Ages in Poverty for North Carolina
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (NCINFOQQGSP), retrieved from FRED.