Nonfinancial Noncorporate Business; Short-Term Loans; Liability, Transactions

NNBSTLQ027S • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

39,483.00

Year-over-Year Change

-82.91%

Date Range

10/1/1946 - 1/1/2025

Summary

This economic trend measures the short-term loan transactions of the U.S. nonfinancial noncorporate business sector. It provides insight into the financing activities and liquidity conditions of small businesses and self-employed individuals.

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; Short-Term Loans; Liability, Transactions series tracks the flow of short-term loans in and out of the nonfinancial noncorporate business sector, which includes sole proprietorships, partnerships, and other unincorporated enterprises. This metric is used to assess the financing environment and access to credit for small businesses.

Methodology

The data is collected and calculated by the U.S. Federal Reserve based on information from the Flow of Funds Accounts.

Historical Context

Economists and policymakers monitor this trend to understand small business financing conditions and the overall health of the economy.

Key Facts

  • Short-term loans are a critical source of working capital for small businesses.
  • The nonfinancial noncorporate business sector accounts for over 50% of U.S. private-sector employment.
  • Fluctuations in short-term loan transactions can signal changes in the small business lending environment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the flow of short-term loan transactions in and out of the U.S. nonfinancial noncorporate business sector, which includes sole proprietorships, partnerships, and other unincorporated enterprises.

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

A: This metric provides insight into the financing conditions and liquidity environment for small businesses, which are a critical driver of economic growth and employment.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Federal Reserve based on information from the Flow of Funds Accounts.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this trend to assess small business access to credit and the overall health of the economy.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of several months.

Related Trends

Citation

U.S. Federal Reserve, Nonfinancial Noncorporate Business; Short-Term Loans; Liability, Transactions (NNBSTLQ027S), retrieved from FRED.