Quarterly Financial Report: U.S. Corporations: Foundries: Provision for Current and Deferred Domestic Income Taxes

QFRD114331USNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

123.00

Year-over-Year Change

83.58%

Date Range

10/1/2000 - 1/1/2025

Summary

This economic indicator tracks the income tax provisions for U.S. foundry corporations, capturing their current and deferred domestic tax liabilities. It provides critical insights into the financial health and tax strategies of manufacturing corporations in the foundry 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 tax provisions reported by foundry corporations, reflecting their anticipated tax obligations and potential tax strategies. Economists use this data to assess corporate financial performance, tax efficiency, and potential impacts on industrial sector investment.

Methodology

Data is collected through quarterly financial reports submitted by U.S. foundry corporations, aggregating their current and deferred domestic income tax provisions.

Historical Context

This indicator is used by policymakers, investors, and economic analysts to understand corporate tax dynamics and industrial sector financial trends.

Key Facts

  • Tracks tax provisions specifically for U.S. foundry corporations
  • Includes both current and deferred domestic income tax calculations
  • Provides quarterly insights into corporate tax strategies

FAQs

Q: What does this economic indicator measure?

A: It measures the income tax provisions for U.S. foundry corporations, capturing their current and anticipated tax liabilities.

Q: Why are foundry tax provisions important?

A: These provisions offer insights into the financial health, tax strategies, and potential investment behaviors of manufacturing corporations.

Q: How frequently is this data updated?

A: The data is updated quarterly, providing regular snapshots of foundry corporations' tax reporting.

Q: Who uses this economic indicator?

A: Policymakers, investors, economic analysts, and researchers use this data to understand corporate tax dynamics and industrial sector trends.

Q: What are the limitations of this indicator?

A: The data is specific to foundry corporations and may not represent broader manufacturing or economic trends comprehensively.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: Foundries: Provision for Current and Deferred Domestic Income Taxes [QFRD114331USNO], retrieved from FRED.

Last Checked: 8/1/2025