Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Other Direct Credits (Charges) to Retained Earnings (Net)
QFRD122549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2,053.00
Year-over-Year Change
73.25%
Date Range
10/1/2009 - 1/1/2025
Summary
This economic indicator tracks direct credits or charges to retained earnings for U.S. professional and technical services corporations outside the legal sector. It provides insight into the financial adjustments and performance of service-based businesses beyond their standard income statements.
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 financial transactions that directly impact corporate retained earnings, capturing adjustments like asset revaluations, accounting corrections, or extraordinary financial events. Economists use this data to understand underlying financial dynamics and corporate financial health in the professional services sector.
Methodology
Data is collected through comprehensive quarterly financial reporting by corporations, compiled and standardized by federal economic research institutions.
Historical Context
This trend is used by financial analysts, policymakers, and investors to assess the financial resilience and strategic financial management of professional service corporations.
Key Facts
- Captures direct financial adjustments outside standard income reporting
- Focuses specifically on non-legal professional and technical services
- Provides quarterly snapshot of corporate financial modifications
FAQs
Q: What does 'direct credits to retained earnings' mean?
A: Direct credits represent financial transactions that immediately impact a company's accumulated profits without passing through the income statement, such as asset revaluations or accounting corrections.
Q: Why are professional services important in this context?
A: Professional services represent a significant and growing segment of the U.S. economy, with complex financial dynamics that extend beyond traditional manufacturing sectors.
Q: How frequently is this data updated?
A: The data is typically updated quarterly, providing a consistent and timely view of corporate financial adjustments in the professional services sector.
Q: What can this trend tell investors?
A: This trend offers insights into the financial management strategies and underlying economic health of professional service corporations beyond their standard financial statements.
Q: Are there limitations to this economic indicator?
A: The indicator is specific to non-legal professional services and may not fully represent the entire service sector, requiring complementary data for comprehensive analysis.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Other Direct Credits (Charges) to Retained Earnings (Net) [QFRD122549USNO], retrieved from FRED.
Last Checked: 8/1/2025