Total Revenue for Finance and Insurance (Except Monetary Authorities-Central Bank), Establishments Subject to Federal Income Tax
This dataset tracks total revenue for finance and insurance (except monetary authorities-central bank), establishments subject to federal income tax over time.
Latest Value
1752131.00
Year-over-Year Change
33.03%
Date Range
7/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue generated by finance and insurance establishments subject to federal income tax, excluding central banking authorities. It is a key indicator of the overall health and performance of the U.S. finance and insurance sector.
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 total revenue for finance and insurance establishments (excluding central banks) subject to federal income tax provides important insights into the activity and profitability of a major component of the U.S. economy. This data series is widely used by economists, policymakers, and industry analysts to assess the dynamics and trends within the finance and insurance sector.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of businesses.
Historical Context
This economic indicator is closely monitored by the Federal Reserve and other policymakers to help inform decisions and policies related to the financial services industry.
Key Facts
- The finance and insurance sector accounts for over 7% of U.S. GDP.
- Total revenue for this sector reached a record high of $2.3 trillion in 2021.
- Revenue growth in this sector has outpaced overall U.S. economic growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by finance and insurance establishments in the United States that are subject to federal income tax, excluding central banking authorities.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the overall health and performance of the U.S. finance and insurance sector, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of businesses in the finance and insurance industry.
Q: How is this trend used in economic policy?
A: This indicator is closely monitored by the Federal Reserve and other policymakers to help inform decisions and policies related to the financial services industry.
Q: Are there update delays or limitations?
A: The data is published quarterly, with a typical delay of 2-3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Finance and Insurance (Except Monetary Authorities-Central Bank), Establishments Subject to Federal Income Tax (REV52PTAXABL144QNSA), retrieved from FRED.