Net Profit of Mining Corporations for United States
Q0925AUSQ144SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-3.00
Year-over-Year Change
50.00%
Date Range
1/1/1920 - 10/1/1938
Summary
The 'Net Profit of Mining Corporations for United States' measures the profitability of the mining industry in the United States. This key economic indicator provides insights into the overall health and productivity of the 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
This data series tracks the net profits (total revenues minus total expenses) for mining corporations operating in the United States. It offers an aggregate view of the financial performance and operating efficiency of the mining industry, which includes firms engaged in the extraction of minerals, oil, and gas.
Methodology
The data is collected and reported quarterly by the U.S. Bureau of Economic Analysis.
Historical Context
Analysts and policymakers monitor this metric to gauge the competitiveness and investment climate of the domestic mining industry.
Key Facts
- Mining corporations account for approximately 2% of total U.S. corporate profits.
- Profits in the mining sector are highly sensitive to commodity price fluctuations.
- The mining industry employs over 600,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: The 'Net Profit of Mining Corporations for United States' measures the aggregate profitability of firms in the U.S. mining industry, including those engaged in the extraction of minerals, oil, and gas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the financial health and productivity of the domestic mining sector, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and reported quarterly by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this indicator to assess the competitiveness and investment climate of the U.S. mining industry, which can inform decisions related to trade, taxation, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical delay of 2-3 months from the end of the reference period.
Related Trends
Liabilities of Business Failures, Manufacturing Companies with Liabilities Under One Hundred Thousand Dollars for the United States
M0970AUSM144NNBR
Changes in Operating Assets, Medium Sized and Small Manufacturing Corporations for United States
A09060USA174NNBR
Net Operating Income, Principal Telephone Companies for United States
M0903BUSM144NNBR
Number of Business Failures, All Commercial for United States
M0929BUSM155NNBR
Deficits, Service Companies (Professional, Hotels and Amusement, Etc.) for United States
A09023USA174NNBR
Number of Business Failures with Liabilities of One Hundred Thousand Dollars and Over for the United States
M09077USM234NNBR
Citation
U.S. Federal Reserve, Net Profit of Mining Corporations for United States (Q0925AUSQ144SNBR), retrieved from FRED.