Gross Domestic Product: Finance and Insurance (52) in Rhode Island
Annual, Not Seasonally Adjusted
RIFININSNGSP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,894.10
Year-over-Year Change
74.65%
Date Range
1/1/1997 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' trend measures the annual rate of total nonfinancial corporate business debt issuance in the U.S. This metric is closely watched by economists and policymakers to gauge corporate financing conditions and business cycle dynamics.
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 data series tracks the total annual volume of debt securities issued by U.S. nonfinancial corporations, excluding seasonal variations. It provides insight into the overall level of corporate borrowing and leveraging activity in the economy.
Methodology
The data is collected and calculated by the Federal Reserve based on surveys of securities issuance.
Historical Context
Policymakers and market analysts use this metric to assess the availability of business credit and corporate financing trends.
Key Facts
- Annual corporate debt issuance peaked at $2.4 trillion in 2020.
- Nonfinancial debt makes up over 70% of total U.S. corporate debt outstanding.
- Debt financing has increasingly supplemented bank lending for U.S. corporations.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total annual volume of debt securities issued by U.S. nonfinancial corporations, excluding seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall level of corporate borrowing and leveraging activity, which is closely watched by economists and policymakers to gauge financing conditions and business cycle dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the Federal Reserve based on surveys of securities issuance.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess the availability of business credit and corporate financing trends, which informs decisions around monetary policy and financial stability.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (RIFININSNGSP), retrieved from FRED.