Quarterly Financial Report: U.S. Corporations: Wholesale Trade, Durable Goods: Income Taxes Accrued, Prior and Current Years, Net of Payments

QFRD309421USNO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,660.00

Year-over-Year Change

-22.79%

Date Range

10/1/2000 - 4/1/2025

Summary

This economic indicator tracks income taxes accrued by U.S. wholesale trade corporations in the durable goods sector, reflecting their tax liabilities across current and prior fiscal years. The metric provides critical insights into corporate tax strategies and the financial health of a key segment of the American manufacturing economy.

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 net tax accruals for wholesale trade corporations specializing in durable goods, capturing their tax obligations after accounting for prior year adjustments and current year payments. Economists use this data to assess corporate financial performance, tax efficiency, and potential shifts in business investment strategies.

Methodology

Data is collected through comprehensive quarterly financial reporting by corporations, compiled and verified by government economic research agencies.

Historical Context

This indicator is used by policymakers, tax authorities, and economic analysts to understand corporate tax dynamics and sectoral economic performance.

Key Facts

  • Measures net income tax liabilities for wholesale trade corporations in durable goods
  • Reflects both current and prior year tax adjustments
  • Provides insights into corporate financial strategies and tax management

FAQs

Q: What does this economic indicator specifically measure?

A: It tracks income taxes accrued by U.S. wholesale trade corporations in the durable goods sector, including adjustments from prior and current years.

Q: Why is this data important for economists?

A: The indicator helps analyze corporate tax strategies, sectoral financial health, and potential trends in business investment and economic performance.

Q: How frequently is this data updated?

A: The data is typically updated quarterly as part of the Quarterly Financial Report by government economic research agencies.

Q: What sectors are included in this analysis?

A: The indicator focuses specifically on wholesale trade corporations in the durable goods manufacturing sector.

Q: What are the limitations of this economic indicator?

A: The data represents a specific sector and may not fully capture the entire corporate tax landscape or broader economic trends.

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Related Trends

Citation

U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: Wholesale Trade, Durable Goods: Income Taxes Accrued, Prior and Current Years, Net of Payments [QFRD309421USNO], retrieved from FRED.

Last Checked: 8/1/2025