Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Total Assets
QFR223549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
418,879.00
Year-over-Year Change
-3.46%
Date Range
10/1/2009 - 1/1/2025
Summary
This trend tracks the total assets of U.S. corporations in professional and technical services, excluding legal services, providing insights into sector-specific financial health and investment capacity. It serves as a key indicator of economic dynamism and business infrastructure development in the professional services 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 data represents the cumulative financial resources and capital holdings of corporations operating in technical and professional service industries, reflecting their operational scale, investment potential, and economic contribution. Economists analyze this metric to understand sectoral growth, investment trends, and potential productivity improvements.
Methodology
Data is collected through comprehensive quarterly financial surveys of corporate entities by the U.S. Federal Reserve, aggregating balance sheet information from representative business samples.
Historical Context
This trend is used by policymakers, investors, and economic researchers to assess sectoral economic performance, potential investment opportunities, and broader professional services market dynamics.
Key Facts
- Represents total assets across non-legal professional and technical service corporations
- Provides quarterly snapshot of sector financial resources
- Indicates potential for business expansion and economic investment
FAQs
Q: What does this economic trend measure?
A: It measures the total assets of U.S. corporations in professional and technical services, excluding legal services, tracking their financial resources and investment capacity.
Q: Why are total assets important for this sector?
A: Total assets indicate a sector's financial health, potential for growth, investment capabilities, and overall economic contribution.
Q: How frequently is this data updated?
A: The data is updated quarterly by the U.S. Federal Reserve, providing a consistent and current view of the sector's financial landscape.
Q: How can businesses use this information?
A: Companies can benchmark their performance, investors can assess sector potential, and policymakers can understand economic trends in professional services.
Q: What are the limitations of this data?
A: The trend represents aggregate data and may not capture individual company variations or emerging subsector dynamics.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Total Assets [QFR223549USNO], retrieved from FRED.
Last Checked: 8/1/2025