Quarterly Financial Report: U.S. Corporations: Scientific Research and Development Services: Provision for Current and Deferred Domestic Income Taxes

QFRD114547USNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

463.00

Year-over-Year Change

-41.32%

Date Range

10/1/2009 - 1/1/2025

Summary

This trend tracks the tax provisions for scientific research and development services in U.S. corporations, capturing the financial implications of innovation investments. It provides critical insights into corporate tax strategies and research spending across key technological sectors.

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 metric represents the current and deferred domestic income tax provisions specifically for scientific R&D service corporations, reflecting their tax liabilities and investment in research activities. Economists use this data to understand corporate innovation financing and tax policy impacts on research-intensive industries.

Methodology

Data is collected through quarterly financial reporting by corporations, aggregated and analyzed by federal economic research institutions.

Historical Context

This trend is used by policymakers and investors to assess the health of innovation ecosystems and potential tax incentive effectiveness in scientific research sectors.

Key Facts

  • Tracks tax provisions for scientific research corporations
  • Indicates corporate investment in innovation
  • Provides insights into research sector financial dynamics

FAQs

Q: What does this economic trend measure?

A: It measures current and deferred domestic income tax provisions for U.S. corporations in scientific research and development services.

Q: Why are R&D tax provisions important?

A: They reflect corporate investment in innovation and can indicate technological development potential in different economic sectors.

Q: How frequently is this data updated?

A: The data is typically updated quarterly, providing a current snapshot of research sector tax strategies.

Q: How do policymakers use this information?

A: They analyze these trends to design tax incentives and evaluate the effectiveness of research investment policies.

Q: What are the limitations of this data?

A: The trend focuses specifically on scientific R&D services and may not fully represent broader innovation across all industries.

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Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: Scientific Research and Development Services: Provision for Current and Deferred Domestic Income Taxes [QFRD114547USNO], retrieved from FRED.

Last Checked: 8/1/2025