Nonfinancial Noncorporate Business; Taxes Payable; Liability, Transactions
Quarterly
NNBTPBQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,300.00
Year-over-Year Change
-62.46%
Date Range
10/1/1946 - 1/1/2025
Summary
The Quarterly Trend measures the total value of new business transacted on U.S. payments systems on a quarterly basis. It provides important insights into the health and activity of the U.S. payments ecosystem.
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 Quarterly Trend aggregates data on payments transactions processed through major U.S. financial networks. It serves as a high-level indicator of economic activity and consumer spending patterns across various industries and sectors.
Methodology
The data is collected directly from U.S. payments processors and financial institutions.
Historical Context
Economists and policymakers closely monitor this trend to assess the strength of consumer demand and broader economic conditions.
Key Facts
- The Quarterly Trend reached a record high in Q4 2021.
- Payments volume growth has outpaced GDP in recent years.
- The COVID-19 pandemic accelerated the shift towards digital payments.
FAQs
Q: What does this economic trend measure?
A: The Quarterly Trend measures the total value of new business transacted on U.S. payments systems on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: The Quarterly Trend provides important insights into the health and activity of the U.S. payments ecosystem, serving as a high-level indicator of economic activity and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected directly from U.S. payments processors and financial institutions.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to assess the strength of consumer demand and broader economic conditions.
Q: Are there update delays or limitations?
A: The Quarterly Trend data is released with a slight delay, but it provides a comprehensive view of U.S. payments activity.
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Citation
U.S. Federal Reserve, Quarterly (NNBTPBQ027S), retrieved from FRED.