Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Property, Plant, and Equipment

QFR216PTSUSNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

198,168.00

Year-over-Year Change

6.78%

Date Range

10/1/2009 - 1/1/2025

Summary

This economic indicator tracks the property, plant, and equipment (PP&E) investments for professional and technical services corporations in the United States. It provides critical insights into capital expenditure trends and business investment strategies in a key service 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 trend represents the aggregate value of long-term physical assets acquired by professional and technical service firms, excluding legal services. Economists use this metric to assess business confidence, investment cycles, and potential productivity improvements in the service sector.

Methodology

Data is collected through quarterly financial reports submitted by corporations and aggregated by statistical agencies using standardized accounting principles.

Historical Context

This indicator is used by policymakers, investors, and economic analysts to evaluate business investment trends, predict economic growth, and understand sectoral capital allocation strategies.

Key Facts

  • Measures capital investments in professional and technical service industries
  • Excludes legal services from the analysis
  • Provides quarterly snapshot of long-term asset acquisition

FAQs

Q: What does PP&E represent in this context?

A: PP&E stands for Property, Plant, and Equipment, representing long-term physical assets used by businesses to generate revenue and support operations.

Q: Why are professional and technical services important?

A: These services are a growing segment of the U.S. economy, contributing significantly to innovation, productivity, and economic value creation.

Q: How frequently is this data updated?

A: The data is typically updated quarterly, providing a current view of investment trends in professional and technical service sectors.

Q: How can businesses use this information?

A: Companies can benchmark their investments against industry trends and assess overall sector investment strategies and economic health.

Q: What are the limitations of this data?

A: The data represents aggregate trends and may not capture individual company variations or specific subsector nuances.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Property, Plant, and Equipment [QFR216PTSUSNO], retrieved from FRED.

Last Checked: 8/1/2025