Expenses for Caterers, Establishments Subject To Federal Income Tax, Employer Firms
CEESTFITEF372232 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,381.00
Year-over-Year Change
54.74%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the expenses for catering establishments subject to federal income tax, providing insights into the financial health and activity of the catering 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 Expenses for Caterers, Establishments Subject To Federal Income Tax, Employer Firms metric tracks the operating costs incurred by catering businesses that are liable for federal income tax. This data point is useful for analyzing the broader trends and challenges facing the catering sector.
Methodology
The data is collected through surveys of catering establishments by the U.S. Census Bureau.
Historical Context
This metric is closely watched by economists and policymakers to gauge the state of the food services industry and consumer spending patterns.
Key Facts
- Catering establishments subject to federal income tax are a key part of the broader food services industry.
- Expenses for these catering firms can signal changes in consumer demand and business investment.
- The data is reported quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the operating expenses incurred by catering establishments that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial health and activity of the catering industry, which is an important part of the broader food services sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of catering establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to gauge consumer spending patterns and the overall state of the food services industry.
Q: Are there update delays or limitations?
A: The data is reported quarterly by the Census Bureau, so there may be a lag in the most recent information.
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Citation
U.S. Federal Reserve, Expenses for Caterers, Establishments Subject To Federal Income Tax, Employer Firms (CEESTFITEF372232), retrieved from FRED.