Revenue from Businesses for Waste Management and Remediation Services, Establishments Subject to Federal Income Tax
BUS562TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,441.00
Year-over-Year Change
24.47%
Date Range
10/1/2003 - 1/1/2025
Summary
This economic trend measures the quarterly revenue from businesses providing waste management and remediation services in the United States. It is an important indicator of activity and demand in the waste and environmental services 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 Waste Management and Remediation Services, Establishments Subject to Federal Income Tax' tracks the total quarterly revenue generated by U.S. businesses in this sector. It provides insight into the financial health and operations of firms offering waste collection, treatment, and disposal services.
Methodology
The data is collected through quarterly surveys of businesses subject to federal income tax.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to gauge economic conditions and market trends in the waste management industry.
Key Facts
- The waste management and remediation services industry generated over $130 billion in revenue in 2021.
- Quarterly revenue has grown by an average of 3% per year over the past decade.
- The sector employs more than 1 million workers in the United States.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total quarterly revenue generated by U.S. businesses providing waste management and remediation services, such as waste collection, treatment, and disposal.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the financial health and activity levels of the waste management industry, which is a crucial component of the broader economy and environmental infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of businesses subject to federal income tax in the waste management and remediation services sector.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess economic conditions, market trends, and the overall performance of the waste management industry.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical delay of 1-2 months after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Revenue from Businesses for Waste Management and Remediation Services, Establishments Subject to Federal Income Tax (BUS562TAXABL144QNSA), retrieved from FRED.