Nonfinancial Noncorporate Business; Nonfinancial Assets, Level
NNBNFAA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,028,072.00
Year-over-Year Change
95.53%
Date Range
1/1/1945 - 1/1/2024
Summary
This economic trend measures the total level of nonfinancial assets held by the U.S. nonfinancial noncorporate business sector. It provides insight into the financial health and investment activity of small businesses and sole proprietorships.
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; Nonfinancial Assets, Level series tracks the total value of physical and financial assets, excluding financial instruments, owned by unincorporated businesses in the United States. This metric is used by economists to analyze small business investment and the underlying strength of the broader economy.
Methodology
The data is collected and calculated by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Historical Context
This economic indicator is closely watched by policymakers and market analysts for signals about small business confidence and investment trends.
Key Facts
- The series dates back to 1952.
- Nonfinancial assets include real estate, equipment, and inventories.
- Small businesses and sole proprietorships make up the noncorporate business sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total level of nonfinancial assets held by the U.S. nonfinancial noncorporate business sector, which includes small businesses and sole proprietorships.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and investment activity of small businesses, which are a vital part of the U.S. economy. It is closely watched by policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Q: How is this trend used in economic policy?
A: This indicator is used by policymakers and market analysts to gauge small business confidence and investment trends, which can inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of several months.
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Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Nonfinancial Assets, Level (NNBNFAA027N), retrieved from FRED.