Business Formations Within Four Quarters: Total for All NAICS in District of Columbia
Seasonally Adjusted
BFBF4QTOTALSADC • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.00
Year-over-Year Change
41.94%
Date Range
7/1/2004 - 12/1/2021
Summary
The Seasonally Adjusted Airline Passengers trend measures the monthly number of passengers on U.S. commercial airlines, adjusted for seasonal variations. This key economic indicator provides insights into consumer demand and overall economic activity.
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 Seasonally Adjusted Airline Passengers metric tracks the total number of passengers transported on U.S. scheduled flights, with adjustments made to account for typical seasonal fluctuations. This data is widely used by economists and policymakers to gauge the health of the airline industry and broader consumer spending patterns.
Methodology
The U.S. Bureau of Transportation Statistics collects and publishes this data based on reports from airlines.
Historical Context
Airline passenger volumes are closely watched as a barometer of economic conditions and consumer confidence.
Key Facts
- U.S. airlines carried over 800 million passengers in 2021.
- Airline passenger volumes declined sharply during the COVID-19 pandemic.
- The airline industry is a major employer and economic driver.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted Airline Passengers trend tracks the monthly number of passengers on U.S. commercial airline flights, with adjustments to account for typical seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Airline passenger volumes are a key indicator of consumer demand and overall economic activity, making this data highly relevant for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Transportation Statistics collects and publishes this data based on reports from airlines.
Q: How is this trend used in economic policy?
A: Airline passenger data is used by policymakers and central banks to assess the state of the economy and consumer confidence, informing decisions on economic policies and interventions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted Airline Passengers data is published monthly, with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Seasonally Adjusted Airline Passengers (BFBF4QTOTALSADC), retrieved from FRED.