Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Income (Loss) Before Income Taxes
QFR111549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,824.00
Year-over-Year Change
85.09%
Date Range
10/1/2009 - 1/1/2025
Summary
This trend tracks quarterly pre-tax income for U.S. professional and technical services corporations, excluding legal services. It provides critical insights into the financial performance and economic health of a significant knowledge-based 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 metric represents aggregate income before taxes for professional and technical service firms, reflecting their operational efficiency and market conditions. Economists use this data to assess sector-specific economic performance and broader service industry trends.
Methodology
Data is collected through comprehensive quarterly financial surveys of corporate entities by the U.S. Census Bureau and Federal Reserve.
Historical Context
This indicator helps policymakers and investors understand service sector economic dynamics, investment potential, and potential leading indicators of broader economic performance.
Key Facts
- Covers professional and technical services excluding legal sectors
- Provides quarterly pre-tax income measurements
- Represents a significant knowledge-based economic segment
FAQs
Q: What specific services are included in this trend?
A: The trend covers professional and technical services such as consulting, scientific research, architectural, engineering, and specialized design services.
Q: How frequently is this data updated?
A: The data is typically updated quarterly, providing current insights into the financial performance of professional service corporations.
Q: Why is pre-tax income important?
A: Pre-tax income offers a standardized view of corporate financial performance before tax variations, allowing for more direct comparisons across different firms and periods.
Q: How can investors use this data?
A: Investors can use this trend to assess the health of professional services sectors, identify potential investment opportunities, and gauge overall economic momentum.
Q: What are the limitations of this data?
A: The trend represents aggregate data and may not capture individual company performance or granular sector variations.
Related News
Gen Z In the U.S. Shifts From Spending To Saving Habits
How Gen Z's Shift from Spending to Saving is Impacting the US Economy Recent trends indicate a significant shift in the spending habits of Gen Z, w...
U.S. Treasury Yields Decline After Inflation Data Meet Expectations
US Treasury Yields Drop as Inflation Data Meets Expectations US Treasury yields have seen a noticeable decline recently, as the latest inflation da...
S&P 500 Rises With Optimistic U.S. Inflation Report
S&P 500 Soars: Positive U.S. Inflation Developments The S&P 500, a primary stock index that tracks the performance of 500 major U.S. companies, has...
U.S. Stock Market Rises Amid PCE Inflation Report Analysis
U.S. Stock Market Climbs Amidst Insights from PCE Inflation Report Investors in the U.S. stock market are focusing on the most recent PCE Inflation...
U.S. GDP Growth to Slow Due to Tariffs and Immigration Policies
How Tariffs and Immigration Policies Influence U.S. GDP Growth in 2025 The U.S. GDP is a fundamental gauge of the country's economic health. Recent...
U.S. Stock Market Futures Rise On Inflation and Tariff News
US Stock Market Futures Rise Amid Inflation Data and Tariff News US stock market futures are on the rise, driven by significant updates in inflatio...
Related Trends
Quarterly Financial Report: U.S. Corporations: Nonmetallic Mineral Products: Land and Mineral Rights
QFR217327USNO
Quarterly Financial Report: U.S. Corporations: Petroleum and Coal Products: Provision for Current and Deferred Domestic Income Taxes
QFRD114324USNO
Quarterly Financial Report: U.S. Corporations: Wholesale Trade, Nondurable Goods: Income (Loss) After Income Taxes
QFR115422USNO
Quarterly Financial Report: U.S. Corporations: Fabricated Metal Products: Retained Earnings at End of Quarter
QFRD123332USNO
Quarterly Financial Report: U.S. Corporations: All Retail Trade: Trade Accounts and Trade Notes Receivable (Less Allowance for Doubtful Accounts)
QFRD213RETUSNO
Quarterly Financial Report: U.S. Corporations: All Nondurable Manufacturing: Interest Expense
QFR105NDUUSNO
Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Income (Loss) Before Income Taxes [QFR111549USNO], retrieved from FRED.
Last Checked: 8/1/2025