Nonfinancial Noncorporate Business; Nonfinancial Assets, Level
TTAABSNNB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,018.61
Year-over-Year Change
1.13%
Date Range
10/1/1945 - 1/1/2025
Summary
This economic trend measures the level of nonfinancial assets held by the U.S. nonfinancial noncorporate business sector. It provides insights into the financial health and investment patterns of small businesses and sole proprietorships.
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; Nonfinancial Assets, Level trend tracks the total value of physical and financial assets, excluding financial liabilities, for the noncorporate business sector. This metric is used by economists to analyze the investment activities and collateral positions of small enterprises.
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 market analysts monitor this trend to gauge the financial capacity and investment potential of the small business segment.
Key Facts
- The noncorporate business sector accounts for over 50% of U.S. private employment.
- Nonfinancial assets include real estate, equipment, and inventories.
- Asset levels reflect the financial health and collateral capacity of small firms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical and financial assets, excluding liabilities, held by the U.S. nonfinancial noncorporate business sector, which includes small businesses and sole proprietorships.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the investment capacity, collateral positions, and financial health of the small business segment, which is a crucial part of the U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Federal Reserve collects and calculates this data based on financial accounts and balance sheet information.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts monitor this trend to gauge the investment potential and financial capacity of the small business sector, which informs decisions around economic stimulus, lending, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Nonfinancial Noncorporate Business; Nonfinancial Assets, Level (TTAABSNNB), retrieved from FRED.