Total Revenue for Finance and Insurance, All Establishments, Employer Firms
This dataset tracks total revenue for finance and insurance, all establishments, employer firms over time.
Latest Value
5646954.00
Year-over-Year Change
61.54%
Date Range
1/1/2009 - 1/1/2022
Summary
The 'Total Revenue for Finance and Insurance, All Establishments, Employer Firms' series measures the total revenue generated by U.S. finance and insurance companies. This metric is a key indicator of the overall health and activity within the financial 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
This data series tracks the total sales, receipts, revenue, or business done by all finance and insurance employer firms in the United States. It provides a high-level view of the finance industry's economic output and performance over time.
Methodology
The data is collected through surveys of U.S. employer firms by the U.S. Census Bureau.
Historical Context
Economists and policymakers monitor this trend to assess the state of the finance industry and its contribution to the broader economy.
Key Facts
- The finance and insurance sector accounts for over 7% of U.S. GDP.
- Total revenue for the industry topped $3 trillion in 2021.
- The sector has experienced steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total revenue or business done by all finance and insurance employer firms in the United States.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for the finance and insurance sector is a key indicator of the overall health and performance of this important industry, which is a significant contributor to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employer firms by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the state of the finance industry and its contribution to the broader economy, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a quarterly basis with a short delay, providing a timely view of industry performance.
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Citation
U.S. Federal Reserve, Total Revenue for Finance and Insurance, All Establishments, Employer Firms (REVEF52ALLEST), retrieved from FRED.