Quarterly Financial Report: U.S. Corporations: Basic Chemicals, Resins, and Synthetics: Income (Loss) Before Income Taxes
QFR111375USNO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-2,206.00
Year-over-Year Change
-116.65%
Date Range
10/1/2000 - 1/1/2025
Summary
This economic indicator tracks the pre-tax income of U.S. corporations in the basic chemicals, resins, and synthetics sector, providing insights into the financial performance of a critical manufacturing segment. The trend helps economists and investors understand the health and profitability of a key industrial subsector that supports numerous downstream industries.
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 quarterly financial report represents the aggregate income or loss for corporations before accounting for income taxes in the basic chemicals and synthetic materials industry. Economists use this metric to assess sector-level economic performance, investment potential, and potential leading indicators of broader manufacturing trends.
Methodology
Data is collected through comprehensive financial reporting by corporations in the basic chemicals and synthetic materials sector, aggregated and analyzed by federal economic research agencies.
Historical Context
This trend is utilized in macroeconomic analysis to evaluate industrial sector health, inform policy decisions, and provide insights into manufacturing economic conditions.
Key Facts
- Represents pre-tax financial performance of U.S. basic chemicals and synthetic materials corporations
- Provides quarterly insights into a critical manufacturing subsector
- Helps economists and investors assess industrial economic health
FAQs
Q: What does this economic indicator measure?
A: It measures the income or loss before taxes for U.S. corporations in the basic chemicals, resins, and synthetics manufacturing sector on a quarterly basis.
Q: Why is this trend important?
A: The trend provides insights into the financial health of a critical manufacturing subsector that supports many downstream industries and serves as an economic performance indicator.
Q: How frequently is this data updated?
A: The data is updated quarterly, providing regular snapshots of the sector's financial performance throughout the year.
Q: How can investors use this information?
A: Investors can use this trend to assess the financial health of the basic chemicals and synthetic materials industry, identify potential investment opportunities, and understand broader manufacturing sector dynamics.
Q: What are the limitations of this data?
A: The data represents aggregate performance and may not reflect individual corporate performance, and it is subject to potential reporting variations and economic fluctuations.
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Citation
U.S. Federal Reserve, Quarterly Financial Report: U.S. Corporations: Basic Chemicals, Resins, and Synthetics: Income (Loss) Before Income Taxes [QFR111375USNO], retrieved from FRED.
Last Checked: 8/1/2025