Export Revenue for Environmental Consulting Services, All Establishments, Employer Firms
This dataset tracks export revenue for environmental consulting services, all establishments, employer firms over time.
Latest Value
216.00
Year-over-Year Change
-12.90%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures revenue from environmental consulting services provided by all U.S. employer firms. It serves as an important indicator of the demand for professional environmental expertise and the overall health of the 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 Export Revenue for Environmental Consulting Services, All Establishments, Employer Firms metric tracks revenue generated by U.S. companies that provide environmental consulting, engineering, and related services to international clients. This data series offers insights into the global competitiveness and export activity of the U.S. environmental services sector.
Methodology
The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and international trade organizations to assess the international competitiveness of the U.S. environmental services industry.
Key Facts
- U.S. environmental consulting exports totaled $11.8 billion in 2021.
- This trend has grown at an average annual rate of 4.2% over the past decade.
- The largest export markets for U.S. environmental consulting services are Canada, the United Kingdom, and Germany.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. environmental consulting firms from providing services to international clients.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the global competitiveness and export performance of the U.S. environmental services industry, which is an important driver of economic growth and sustainability.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this data to assess the international competitiveness of the U.S. environmental services sector and inform policies that support its growth and export capabilities.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately three months, so there may be a delay in accessing the most recent information.
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Citation
U.S. Federal Reserve, Export Revenue for Environmental Consulting Services, All Establishments, Employer Firms (ERVEF54162ALLEST), retrieved from FRED.