Sources of Revenue: Actuarial Consulting excluding for Employee Pensions and Other Benefits for Management Consulting Services, All Establishments, Employer Firms
REVACEEF54161ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,450.00
Year-over-Year Change
-27.79%
Date Range
1/1/2013 - 1/1/2021
Summary
This economic trend measures the sources of revenue for actuarial consulting services, excluding employee pensions and other benefits, across all U.S. management consulting establishments. It provides insights into the revenue structure of this specialized professional service industry.
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 Sources of Revenue: Actuarial Consulting excluding for Employee Pensions and Other Benefits for Management Consulting Services, All Establishments, Employer Firms data series tracks the revenue generated by actuarial consulting activities, excluding pension and benefits work, within the broader management consulting services industry. This metric offers a view into the economic importance and composition of this specialized advisory field.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This trend is useful for analyzing the commercial landscape and market dynamics of the management consulting industry.
Key Facts
- Actuarial consulting excludes employee pensions and other benefits services.
- The data covers all U.S. management consulting establishments, not just firms.
- This revenue source represents a specialized segment of the broader consulting industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by actuarial consulting services, excluding employee pensions and other benefits, across all U.S. management consulting establishments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic importance and composition of the specialized actuarial consulting field within the broader management consulting industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is useful for analyzing the commercial landscape and market dynamics of the management consulting industry, which is an important professional services sector.
Q: Are there update delays or limitations?
A: There may be update delays or limitations inherent in the survey data collection process by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Sources of Revenue: Actuarial Consulting excluding for Employee Pensions and Other Benefits for Management Consulting Services, All Establishments, Employer Firms (REVACEEF54161ALLEST), retrieved from FRED.