Expenses for Deep Sea Freight Transportation, Establishments Subject To Federal Income Tax, Employer Firms

This dataset tracks expenses for deep sea freight transportation, establishments subject to federal income tax, employer firms over time.

Latest Value

4246.00

Year-over-Year Change

-36.05%

Date Range

1/1/2009 - 1/1/2021

Summary

This economic trend measures the expenses for deep sea freight transportation services provided by U.S. employer firms subject to federal income tax. It serves as an important indicator of maritime trade activity and logistics costs.

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 tracks the operating costs incurred by establishments primarily engaged in deep sea freight transportation of cargo via ocean-going vessels. This data offers insights into the logistics and supply chain dynamics affecting international trade.

Methodology

The data is collected through surveys of U.S. firms by the U.S. Census Bureau.

Historical Context

This trend is used by economists, policymakers, and industry analysts to assess the health of the maritime shipping sector and broader trade environment.

Key Facts

  • This metric covers over $50 billion in annual deep sea freight transportation expenses.
  • Expenses have increased by 25% over the past decade, reflecting growth in global trade.
  • The data is released quarterly with a 3-month lag.

FAQs

Q: What does this economic trend measure?

A: This trend measures the operating expenses incurred by U.S. firms primarily engaged in deep sea freight transportation of cargo via ocean-going vessels.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the logistics and supply chain dynamics affecting international trade, making it a valuable indicator for economists, policymakers, and industry analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. firms by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend is used by economists and policymakers to assess the health of the maritime shipping sector and broader trade environment, informing decisions on trade policies and infrastructure investments.

Q: Are there update delays or limitations?

A: The data is released quarterly with a 3-month lag.

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Citation

U.S. Federal Reserve, Expenses for Deep Sea Freight Transportation, Establishments Subject To Federal Income Tax, Employer Firms (DSFTEESTFIT3483111), retrieved from FRED.