Nonfinancial Noncorporate Business; Loans Including Foreign Direct Investment Intercompany Debt; Liability, Level
NNBTLBA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,779,372.00
Year-over-Year Change
90.04%
Date Range
1/1/1945 - 1/1/2024
Summary
This economic trend measures the total liabilities associated with loans, including foreign direct investment intercompany debt, held by the U.S. nonfinancial noncorporate business sector. It provides insights into the financing sources and debt levels 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; Loans Including Foreign Direct Investment Intercompany Debt; Liability, Level series tracks the outstanding loan liabilities of the U.S. nonfinancial noncorporate business sector. This metric is used by economists and policymakers to monitor the financing conditions and debt burdens of small businesses, a key driver of economic growth.
Methodology
The data is collected and reported by the U.S. Federal Reserve as part of the Flow of Funds Accounts.
Historical Context
This trend is closely watched by the Federal Reserve and other policymakers to assess the financial health and credit access of small businesses.
Key Facts
- The nonfinancial noncorporate business sector includes sole proprietorships, partnerships, and other small businesses.
- Loan liabilities reached a record high of $5.3 trillion in Q4 2021.
- Small businesses account for nearly half of U.S. private-sector employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total outstanding loan liabilities, including foreign direct investment intercompany debt, held by the U.S. nonfinancial noncorporate business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financing conditions and debt burdens of small businesses, which are a critical driver of economic growth and employment in the United States.
Q: How is this data collected or calculated?
A: The data is collected and reported 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 trend is closely monitored by the Federal Reserve and other policymakers to assess the financial health and credit access of small businesses, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
Related Trends
Nonfinancial Noncorporate Business; Insurance Receivables Due from Property-Casualty Insurance Companies; Asset, Transactions
NNBIRCQ027S
Nonfinancial Noncorporate Business; Total Assets, Level
NNBTASA027N
Nonfinancial Noncorporate Business; Total Currency and Deposits; Asset, Transactions
NNBTCDQ027S
Nonfinancial Noncorporate Business; Total Currency and Deposits; Asset, Level
NNBCDAA027N
Nonfinancial Noncorporate Business; Total U.S. Government Securities; Asset, Transactions
NNBGSAQ027S
Nonfinancial Noncorporate Business; Equity and Investment Fund Shares; Asset, Level
NNBIFTA027N
Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Loans Including Foreign Direct Investment Intercompany Debt; Liability, Level (NNBTLBA027N), retrieved from FRED.