Nonfinancial Noncorporate Business; Proprietors' Equity in Noncorporate Business, Level
NNBPEBA027N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,489,679.00
Year-over-Year Change
109.17%
Date Range
1/1/1945 - 1/1/2024
Summary
This economic trend measures the total equity, or net worth, held by the owners of noncorporate businesses in the United States. It provides insight into the financial health and investment activity of this important economic 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
The Nonfinancial Noncorporate Business; Proprietors' Equity in Noncorporate Business, Level represents the total value of proprietors' equity in unincorporated businesses, such as sole proprietorships and partnerships. This metric is used by economists to analyze trends in small business investment, wealth, and economic sentiment.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on financial accounts and balance sheet information.
Historical Context
Policymakers and analysts monitor this trend to understand the financial conditions and outlook for the noncorporate business sector.
Key Facts
- Noncorporate businesses account for over 40% of U.S. private-sector GDP.
- Proprietors' equity represents the net worth of these unincorporated enterprises.
- The series dates back to 1952, providing historical context on small business conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total equity, or net worth, held by the owners of noncorporate businesses in the United States, such as sole proprietorships and partnerships.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and investment activity of the noncorporate business sector, which is a significant contributor to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on financial accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to understand the financial conditions and outlook for the noncorporate business sector, which can inform decisions related to small business support and economic stimulus.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Proprietors' Equity in Noncorporate Business, Level (NNBPEBA027N), retrieved from FRED.