Production: Manufacturing: Consumer Goods: Total for Finland

Quarterly, Seasonally Adjusted

PRMNCG01FIQ661S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

102.50

Year-over-Year Change

-1.41%

Date Range

1/1/1960 - 7/1/2023

Summary

This economic indicator measures quarterly, seasonally adjusted profits for nonfinancial corporations in the United States. It provides valuable insights into the overall health and performance 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

The Quarterly, Seasonally Adjusted series tracks the profits of nonfinancial corporations, which are a key component of the U.S. economy. This metric is widely used by economists, policymakers, and analysts to gauge the strength of the business environment and inform economic decision-making.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on national accounts and corporate financial reporting.

Historical Context

This trend is closely monitored by the Federal Reserve and other institutions to assess the state of the economy and inform monetary and fiscal policy decisions.

Key Facts

  • Profits for nonfinancial corporations account for a significant portion of overall U.S. GDP.
  • The quarterly, seasonally adjusted metric helps identify trends and turning points in the business cycle.
  • Corporate profits are a leading indicator of economic health and investment activity.

FAQs

Q: What does this economic trend measure?

A: This indicator measures the quarterly, seasonally adjusted profits of nonfinancial corporations in the United States.

Q: Why is this trend relevant for users or analysts?

A: Corporate profits are a key metric for assessing the overall health and performance of the business sector, which is crucial for understanding the broader state of the economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on national accounts and corporate financial reporting.

Q: How is this trend used in economic policy?

A: This metric is closely monitored by the Federal Reserve and other policymakers to gauge the strength of the business environment and inform monetary and fiscal policy decisions.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a slight delay to allow for comprehensive reporting and calculations.

Related Trends

Citation

U.S. Federal Reserve, Quarterly, Seasonally Adjusted (PRMNCG01FIQ661S), retrieved from FRED.