Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Net Sales, Receipts, and Operating Revenues
QFR101549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,403.00
Year-over-Year Change
6.71%
Date Range
10/1/2009 - 1/1/2025
Summary
This economic trend tracks net sales, receipts, and operating revenues for professional and technical services sectors excluding legal services. It provides critical insights into the performance and economic contribution of a significant knowledge-based industry segment.
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 financial report represents a comprehensive measure of revenue generation in professional and technical service industries, reflecting business activity, market dynamics, and sectoral economic health. Economists use this data to assess service sector performance, innovation potential, and broader economic trends.
Methodology
Data is collected through systematic quarterly surveys of corporate financial records, aggregating revenue information from businesses in professional and technical service categories.
Historical Context
This trend is utilized by policymakers, investors, and economic researchers to understand service sector growth, predict economic shifts, and inform strategic decision-making.
Key Facts
- Covers professional and technical services excluding legal sectors
- Provides quarterly revenue insights for knowledge-based industries
- Represents a critical economic performance indicator
FAQs
Q: What industries are included in this report?
A: The report covers professional and technical services such as consulting, scientific research, technical design, and specialized professional services, excluding legal services.
Q: How frequently is this data updated?
A: The data is updated quarterly, providing a current snapshot of revenue trends in professional and technical service industries.
Q: Why are these revenue trends important?
A: These trends indicate economic health, innovation potential, and business performance in knowledge-intensive sectors that drive economic growth.
Q: How can businesses use this information?
A: Companies can benchmark their performance, understand market trends, and make strategic decisions based on sector-wide revenue insights.
Q: What are potential limitations of this data?
A: The data represents aggregate trends and may not capture individual company variations or emerging niche service segments.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Net Sales, Receipts, and Operating Revenues [QFR101549USNO], retrieved from FRED.
Last Checked: 8/1/2025