Expenses for Deep Sea Passenger Transportation, All Establishments, Employer Firms

DSPTEAEEF3483112 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20,871.00

Year-over-Year Change

70.26%

Date Range

1/1/2009 - 1/1/2022

Summary

This economic trend measures the expenses incurred by U.S. establishments engaged in deep sea passenger transportation. It provides insight into a key component of the maritime industry and travel sector.

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 Passenger Transportation, All Establishments, Employer Firms series tracks the operating costs associated with providing passenger services on deep sea vessels. This metric is used by economists and policymakers to monitor the financial health and operational dynamics of the U.S. maritime transportation industry.

Methodology

The data is collected through surveys of businesses in the relevant NAICS industry code.

Historical Context

Trends in this metric can inform economic and regulatory decisions related to the maritime passenger transportation sector.

Key Facts

  • This metric covers all U.S. employer firms in the deep sea passenger transportation industry.
  • Expenses include labor, fuel, maintenance, and other operational costs.
  • Data is reported on a quarterly basis by the U.S. Census Bureau.

FAQs

Q: What does this economic trend measure?

A: This trend measures the operating expenses incurred by U.S. establishments engaged in deep sea passenger transportation services.

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

A: This metric provides insight into the financial health and cost structure of a key component of the maritime transportation and travel sectors, which is valuable for economic analysis and policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses in the relevant NAICS industry code.

Q: How is this trend used in economic policy?

A: Trends in this metric can inform economic and regulatory decisions related to the maritime passenger transportation sector, such as infrastructure investment, trade policy, and industry support programs.

Q: Are there update delays or limitations?

A: The data is reported on a quarterly basis by the U.S. Census Bureau, with a typical 1-2 month delay in availability.

Related Trends

Citation

U.S. Federal Reserve, Expenses for Deep Sea Passenger Transportation, All Establishments, Employer Firms (DSPTEAEEF3483112), retrieved from FRED.