Quarterly Financial Report: U.S. Corporations: All Other Professional and Technical Services, Except Legal Services: Total Current Liabilities
QFRTCL549USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134,246.00
Year-over-Year Change
-6.17%
Date Range
10/1/2009 - 1/1/2025
Summary
Measures total current liabilities for professional and technical services excluding legal services. Critical indicator of sector financial obligations.
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
This metric tracks short-term financial obligations across professional and technical service industries. Provides snapshot of sector financial health.
Methodology
Compiled through quarterly corporate financial reporting and standardized accounting practices.
Historical Context
Used by economists and investors to assess sector financial stability and risk.
Key Facts
- Quarterly reporting of professional services liabilities
- Excludes legal services sector
- Indicates short-term financial obligations
FAQs
Q: What does total current liabilities measure?
A: Represents short-term financial obligations for professional and technical services. Indicates sector financial commitments.
Q: How frequently is this data updated?
A: Updated quarterly, providing current snapshot of professional services financial landscape.
Q: Why exclude legal services?
A: Allows focused analysis of other professional and technical service sectors. Provides more targeted financial insights.
Q: How do current liabilities impact business operations?
A: Reflect short-term financial obligations that can influence cash flow, investment, and operational strategies.
Q: What are the reporting limitations?
A: Aggregated data may not capture individual company variations. Requires comprehensive analytical approach.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: Professional Services (QFRTCL549USNO), retrieved from FRED.