Total Revenue for Investment Advice, Establishments Subject to Federal Income Tax, Employer Firms
REVEF52393TAXABL • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60,755.00
Year-over-Year Change
136.47%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue generated by investment advice establishments subject to federal income tax. It is an important indicator of activity and growth in the investment management 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 total revenue for investment advice establishments subject to federal income tax reflects the overall income and business volume of this sector. This metric is closely watched by economists and policymakers to gauge the financial health and economic contribution of the investment management industry.
Methodology
The data is collected through surveys of U.S. businesses.
Historical Context
This trend provides insights into the investment management market and can inform policy decisions related to the financial services industry.
Key Facts
- The investment advice industry generated over $300 billion in total revenue in 2021.
- Revenue growth in this sector has outpaced the overall economy in recent years.
- Investment advice establishments are a key part of the broader financial services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by investment advice establishments subject to federal income tax in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and economic contribution of the investment management industry, which is a crucial part of the broader financial services sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the federal government.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the investment management industry's performance and inform decisions related to the financial services sector.
Q: Are there update delays or limitations?
A: There may be some time lag in the data reporting, as the information is collected through business surveys.
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Citation
U.S. Federal Reserve, Total Revenue for Investment Advice, Establishments Subject to Federal Income Tax, Employer Firms (REVEF52393TAXABL), retrieved from FRED.