Revenue from Businesses for Radio and Television Broadcasting, Establishments Subject to Federal Income Tax
Millions of Dollars
BUS5151TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,248.00
Year-over-Year Change
-4.83%
Date Range
10/1/2003 - 1/1/2025
Summary
This economic trend measures the value of taxable business sales in the United States, providing insight into consumer demand and business 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 'Millions of Dollars' series represents the total value of sales subject to taxation, which is a key indicator of overall economic performance. It is used by policymakers and analysts to gauge the health and trajectory of the U.S. business environment.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses.
Historical Context
Trends in taxable business sales are closely monitored by economists and policymakers to inform decisions around fiscal and monetary policy.
Key Facts
- Taxable business sales represent over $13 trillion annually in the U.S. economy.
- This metric excludes non-taxable transactions and is a narrower measure than total retail sales.
- Trends in taxable sales can signal shifts in consumer confidence and business investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of taxable sales by businesses in the United States, providing insight into consumer demand and overall economic activity.
Q: Why is this trend relevant for users or analysts?
A: Trends in taxable business sales are a key indicator of the health and direction of the U.S. economy, helping to inform decisions by policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor taxable business sales to gauge consumer demand and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: There may be delays of several weeks in the reporting of this data, and the measure excludes certain non-taxable transactions.
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Citation
U.S. Federal Reserve, Millions of Dollars (BUS5151TAXABL144QNSA), retrieved from FRED.