Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Total Current Assets
QFRTCA549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
137,793.00
Year-over-Year Change
-8.58%
Date Range
10/1/2009 - 1/1/2025
Summary
Tracks current asset levels for professional and technical service corporations. Provides critical insight into sector financial health and liquidity.
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
Measures total current assets for professional service firms excluding legal services. Helps economists assess sector financial positioning and economic resilience.
Methodology
Quarterly survey of corporate financial statements compiled by U.S. Census Bureau.
Historical Context
Used by investors and policymakers to evaluate professional services sector performance.
Key Facts
- Quarterly reporting frequency
- Excludes legal services sector
- Critical financial health indicator
FAQs
Q: What does total current assets represent?
A: Represents liquid assets that can be converted to cash within one year. Indicates short-term financial flexibility.
Q: Why are current assets important for professional services?
A: Reflects ability to meet short-term obligations and invest in business growth. Signals financial stability.
Q: How often is this data updated?
A: Quarterly updates provide current snapshot of sector financial conditions.
Q: What sectors are included in this report?
A: Covers professional and technical services excluding legal services sector.
Q: How do investors use this data?
A: Assess sector financial health and make investment decisions based on asset trends.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Total Current Assets (QFRTCA549USNO), retrieved from FRED.