Increases in Railroad Mileage for United States
A02082USA374NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,466.00
Year-over-Year Change
-13.52%
Date Range
1/1/1831 - 1/1/1911
Summary
The 'Increases in Railroad Mileage for United States' series tracks the growth of the U.S. railroad network over time, a key economic indicator for transportation and infrastructure development.
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 series measures the total mileage of railroad tracks in operation across the United States. It serves as an important metric for analyzing the expansion and modernization of the nation's freight and passenger rail systems, which are critical to economic productivity and regional connectivity.
Methodology
The data is collected and published by the U.S. Federal Railroad Administration.
Historical Context
Policymakers and industry analysts use this trend to inform infrastructure investment decisions and evaluate the long-term competitiveness of rail transport.
Key Facts
- The U.S. rail network spans over 140,000 miles of track.
- Railroad transport moves over 1.7 billion tons of freight annually.
- Railroads generate over $60 billion in annual revenue in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total mileage of railroad tracks in operation across the United States over time, providing insight into the growth and expansion of the nation's rail infrastructure.
Q: Why is this trend relevant for users or analysts?
A: The size and growth of the U.S. rail network is a key indicator for transportation infrastructure development, economic productivity, and regional connectivity, making it highly relevant for policymakers, industry analysts, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to inform infrastructure investment decisions and evaluate the long-term competitiveness of rail transport as a mode of freight and passenger movement.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the Federal Railroad Administration, with minimal update delays. However, the metric may not capture all nuances of rail network changes over time.
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Citation
U.S. Federal Reserve, Increases in Railroad Mileage for United States (A02082USA374NNBR), retrieved from FRED.