Quarterly Financial Report: U.S. Corporations: All Professional and Technical Services, Except Legal Services: Net Sales, Receipts, and Operating Revenues
QFR101PTSUSNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
222,682.00
Year-over-Year Change
13.38%
Date Range
10/1/2009 - 1/1/2025
Summary
Measures net sales and operating revenues for U.S. professional and technical services sectors. Provides crucial insights into service industry economic performance.
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
Tracks financial performance of professional and technical service businesses. Offers a comprehensive view of sector-specific economic activity.
Methodology
Collected through quarterly comprehensive surveys of professional service companies.
Historical Context
Used by economists to analyze service sector economic contributions and trends.
Key Facts
- Captures professional and technical service revenues
- Quarterly measurement of service sector performance
- Excludes legal services sector
FAQs
Q: What services are included in this metric?
A: Covers professional and technical services, excluding legal services. Includes consulting, engineering, and technical support.
Q: How does this data impact economic analysis?
A: Provides critical insights into service sector economic contributions and growth trends.
Q: How frequently is the data updated?
A: Updated quarterly through comprehensive industry surveys.
Q: What economic insights can be drawn?
A: Reveals service sector revenue patterns, business performance, and potential economic indicators.
Q: What are the data's limitations?
A: Represents aggregate sector data and may not capture individual company variations.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: Professional Services (QFR101PTSUSNO), retrieved from FRED.