Expenses for Deep Sea Freight Transportation, All Establishments, Employer Firms
DSFTEAEEF3483111 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,246.00
Year-over-Year Change
-36.05%
Date Range
1/1/2009 - 1/1/2021
Summary
This economic trend measures the expenses incurred by U.S. establishments for deep sea freight transportation. It provides insight into the costs and activity levels within the international shipping 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 Deep Sea Freight Transportation metric captures the total costs paid by employers for the transportation of goods by sea between domestic and foreign ports. This data point is a key indicator of international trade and logistics activity.
Methodology
The data is collected through surveys of U.S. establishments and calculated as the total expenses paid for deep sea freight services.
Historical Context
This trend is used by economists and policymakers to analyze the health of the international shipping industry and its impact on the broader economy.
Key Facts
- Deep sea freight transportation is a critical component of global trade.
- Expenses in this sector reflect the volume and costs of moving goods internationally.
- Trends in this data point can signal changes in the broader economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenses incurred by U.S. establishments for the transportation of goods by deep sea freight between domestic and foreign ports.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the health and activity levels of the international shipping industry, which is a key driver of global trade and economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. establishments and calculated as the total expenses paid for deep sea freight services.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze the state of international trade and logistics, and to inform decisions related to trade, transportation, and economic policy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be some delays in reporting due to the time required to collect and process the survey information.
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Citation
U.S. Federal Reserve, Expenses for Deep Sea Freight Transportation, All Establishments, Employer Firms (DSFTEAEEF3483111), retrieved from FRED.