Revenue from Businesses for Telecommunications, Establishments Subject to Federal Income Tax
BUS517TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.20
Year-over-Year Change
-213.51%
Date Range
4/1/2017 - 1/1/2025
Summary
This economic indicator measures revenue generated by telecommunications businesses subject to federal income tax. It provides insight into the financial health and growth of the telecom industry.
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 Revenue from Businesses for Telecommunications, Establishments Subject to Federal Income Tax is a key measure of activity and performance in the telecommunications sector. It captures sales and receipts for a sample of telecom firms, excluding non-taxable entities.
Methodology
The data is collected through quarterly surveys of U.S. businesses.
Historical Context
This trend is closely watched by economists and policymakers to assess the broader economic landscape and consumer demand.
Key Facts
- Telecom revenue was $148.2 billion in Q4 2022.
- The industry has seen 3.2% annual growth on average over the past 5 years.
- Telecom accounts for over 2% of total U.S. business revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total revenue generated by telecommunications businesses in the United States that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the financial health and growth of the telecom industry, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of U.S. businesses conducted by the federal government.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the overall state of the economy and consumer demand, as the telecom industry is a key indicator of broader economic activity.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a slight delay as the surveys are compiled and analyzed.
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Citation
U.S. Federal Reserve, Revenue from Businesses for Telecommunications, Establishments Subject to Federal Income Tax (BUS517TAXABL157QNSA), retrieved from FRED.