Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Trade Accounts and Trade Notes Payable
QFR306549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51,724.00
Year-over-Year Change
0.91%
Date Range
10/1/2009 - 1/1/2025
Summary
This economic indicator tracks trade accounts and notes payable for professional and technical services corporations in the United States. It provides insights into short-term financial obligations and business credit dynamics within this specific 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 outstanding trade accounts and notes payable for professional and technical service firms, excluding legal services. Economists use this metric to assess sector-specific financial health, credit utilization, and potential business investment patterns.
Methodology
Data is collected through quarterly financial surveys of corporate entities, aggregating trade payable balances reported by businesses in the professional and technical services sector.
Historical Context
This indicator helps policymakers and analysts understand credit conditions, business liquidity, and potential economic stress in professional service industries.
Key Facts
- Tracks short-term financial obligations in professional and technical services
- Excludes legal services from the analysis
- Provides quarterly snapshot of sector-specific credit dynamics
FAQs
Q: What does this economic indicator measure?
A: It measures trade accounts and notes payable for professional and technical service corporations, excluding legal services. This represents short-term financial obligations within the sector.
Q: Why is this data important?
A: The indicator helps economists and policymakers understand credit conditions, business liquidity, and potential economic trends in professional services.
Q: How often is this data updated?
A: The data is collected and reported quarterly, providing a regular snapshot of financial conditions in the professional services sector.
Q: What can changes in this indicator suggest?
A: Significant changes might indicate shifts in business confidence, credit availability, or potential economic stress in professional services industries.
Q: Are legal services included in this data?
A: No, this specific indicator explicitly excludes legal services and focuses on other professional and technical service sectors.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Trade Accounts and Trade Notes Payable [QFR306549USNO], retrieved from FRED.
Last Checked: 8/1/2025