Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Income (Loss) After Income Taxes
QFR115PTSUSNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-1,226.00
Year-over-Year Change
-77.30%
Date Range
10/1/2009 - 1/1/2025
Summary
This trend tracks quarterly net 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 the post-tax income of professional and technical service firms, reflecting their operational efficiency and profitability. Economists use this data to assess sector-specific economic performance and broader service industry trends.
Methodology
Data is collected through comprehensive corporate financial reporting and aggregated by the U.S. Federal Reserve using standardized accounting protocols.
Historical Context
This trend is utilized by policymakers, investors, and economic analysts to understand service sector dynamics, investment potential, and overall economic resilience.
Key Facts
- Excludes legal services to provide focused professional and technical services analysis
- Quarterly reporting allows for timely economic insights
- Reflects net income after tax, providing a clear profitability metric
FAQs
Q: What professional services are included in this trend?
A: The trend covers professional and technical services like consulting, engineering, scientific research, and technical support, excluding legal services.
Q: How frequently is this data updated?
A: The data is updated quarterly, providing current insights into the financial performance of professional and technical service corporations.
Q: Why is this trend important for investors?
A: It offers a comprehensive view of sector profitability, helping investors assess the financial health and potential of professional and technical service companies.
Q: How does this trend relate to broader economic indicators?
A: As a knowledge-based sector indicator, it provides insights into innovation, productivity, and economic transformation beyond traditional manufacturing metrics.
Q: What are the limitations of this data?
A: The trend focuses on corporate income and does not capture individual company performance or granular industry subsector 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: All Manufacturing: Net Income Retained in Business
QFRNIRBMFGUSNO
Quarterly Financial Report: U.S. Corporations: All Other Retail Trade: Long-Term Debt, Due in More Than 1 Year: Loans from Banks
QFR316OTRUSNO
Quarterly Financial Report: U.S. Corporations: Basic Chemicals, Resins, and Synthetics: Cash and Demand Deposits in the U.S.
QFR201375USNO
Quarterly Financial Report: U.S. Corporations: Paper: Short-Term Debt, Original Maturity of 1 Year or Less: Loans from Banks
QFR301322USNO
Quarterly Financial Report: U.S. Corporations: Wholesale Trade, Durable Goods: Net Income Retained in Business
QFRNIRB421USNO
Quarterly Financial Report: U.S. Corporations: Management and Technical Consulting Services: Total Assets
QFR223546USNO
Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Income (Loss) After Income Taxes [QFR115PTSUSNO], retrieved from FRED.
Last Checked: 8/1/2025