Nonfinancial Noncorporate Business; Interest Paid, Transactions
NNBIPAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
357,470.00
Year-over-Year Change
60.84%
Date Range
1/1/1959 - 1/1/2023
Summary
This economic trend measures the interest paid by nonfinancial noncorporate businesses, providing insights into the financing costs faced by small and medium-sized enterprises.
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 Nonfinancial Noncorporate Business; Interest Paid, Transactions metric tracks the total interest payments made by businesses that are not organized as corporations, such as sole proprietorships and partnerships. This data point is a key indicator of the financing environment and credit conditions for smaller businesses.
Methodology
The data is collected by the U.S. Federal Reserve through surveys and national accounts.
Historical Context
This trend is used by economists and policymakers to assess the financial health and access to capital for the non-corporate business sector.
Key Facts
- Nonfinancial noncorporate businesses account for over 50% of U.S. business production.
- Interest paid is a key expense for small and medium-sized enterprises.
- Trends in this metric reflect changes in credit availability and financing costs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total interest payments made by nonfinancial businesses that are not organized as corporations, such as sole proprietorships and partnerships.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financing environment and credit conditions faced by small and medium-sized enterprises, which are crucial to understanding the overall health of the business sector.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Federal Reserve through surveys and national accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the financial health and access to capital for the non-corporate business sector, which is important for informing policies that support small business growth and entrepreneurship.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Interest Paid, Transactions (NNBIPAA027N), retrieved from FRED.