Nonfinancial Noncorporate Business; Net Value Added, Transactions

NNBNVAQ027S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4,491,800.00

Year-over-Year Change

13.84%

Date Range

1/1/1959 - 1/1/2025

Summary

The Nonfinancial Noncorporate Business; Net Value Added, Transactions metric measures the net value added by unincorporated businesses in the U.S. economy. It is an important indicator of economic activity and business profitability.

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 series represents the net value added by non-corporate, non-financial businesses, which include sole proprietorships, partnerships, and other unincorporated entities. It provides insight into the profitability and economic contribution of smaller, privately-held businesses.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.

Historical Context

This metric is used by policymakers, economists, and analysts to assess the health and dynamics of the broader business sector.

Key Facts

  • The metric represents about one-quarter of total U.S. business activity.
  • It has trended upward over the past decade, indicating growth in the noncorporate sector.
  • Sole proprietorships account for the largest share of noncorporate net value added.

FAQs

Q: What does this economic trend measure?

A: This metric measures the net value added by unincorporated, non-financial businesses in the U.S. economy, including sole proprietorships, partnerships, and other privately-held entities.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides insight into the economic health and profitability of the smaller, private business sector, which is an important driver of overall economic activity.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of the National Income and Product Accounts.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and analysts use this metric to assess the dynamics and contribution of the non-corporate business sector to the broader economy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of a few months, so there may be delays in accessing the most recent information.

Related Trends

Citation

U.S. Federal Reserve, Nonfinancial Noncorporate Business; Net Value Added, Transactions (NNBNVAQ027S), retrieved from FRED.