Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Net Property, Plant, and Equipment
QFR219PTSUSNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,872.00
Year-over-Year Change
4.68%
Date Range
10/1/2009 - 1/1/2025
Summary
Tracks net property, plant, and equipment for U.S. professional and technical services corporations. Provides insights into sector infrastructure investment.
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
Measures tangible fixed assets for professional and technical service businesses. Indicates capital investment and infrastructure development in the service sector.
Methodology
Quarterly financial survey of corporate asset reporting by the U.S. Census Bureau.
Historical Context
Used by policymakers and analysts to evaluate service sector capital expenditures.
Key Facts
- Covers professional and technical service assets
- Excludes legal services sector
- Quarterly reporting mechanism
FAQs
Q: What does this economic indicator track?
A: Measures net property, plant, and equipment for professional and technical service corporations.
Q: How frequently is the data updated?
A: Updated quarterly, providing current insights into service sector infrastructure.
Q: Why are these assets important?
A: Reflects investment in infrastructure and potential growth in professional services sector.
Q: What services are included?
A: Covers professional and technical services, explicitly excluding legal services.
Q: How do economists use this data?
A: Analyze capital investment trends and economic health of the professional services industry.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Net Property, Plant, and Equipment (QFR219PTSUSNO), retrieved from FRED.