Non-Financial Businesses and Professions (NFPS)

Non-Financial Businesses and Professions (NFPS) refer to companies and practitioners engaged in activities outside the banking, insurance, and financial services sectors. This includes industries like manufacturing, retail, technology, healthcare, legal and consulting services. NFPS entities produce goods or provide services that support the economy but do not primarily handle financial instruments or banking operations. Their data, especially in areas like balance sheets and income statements, are vital for understanding overall economic health and business activity, and they are often distinguished from financial firms to ensure clarity in economic and statistical analyses.