All Other Operating Expenses for Truck Transportation, All Establishments, Employer Firms
This dataset tracks all other operating expenses for truck transportation, all establishments, employer firms over time.
Latest Value
38891.00
Year-over-Year Change
150.26%
Date Range
1/1/2012 - 1/1/2022
Summary
The 'All Other Operating Expenses for Truck Transportation, All Establishments, Employer Firms' trend measures the non-labor operating costs for the trucking industry. This metric is important for analyzing the economic pressures and profitability of the transportation 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
This series tracks the various non-payroll expenses incurred by truck transportation companies, including costs for maintenance, utilities, insurance, and other overhead. It provides insight into the operating environment and cost structure of a critical logistics industry.
Methodology
The data is collected through surveys of U.S. businesses in the truck transportation sector.
Historical Context
Policymakers and industry analysts use this metric to assess the financial health and cost pressures facing the trucking industry.
Key Facts
- Trucking is a $791.7 billion industry in the U.S.
- Fuel and driver wages are the two largest expense categories for trucking firms.
- The trucking industry employs over 7.9 million people in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the non-labor operating expenses incurred by truck transportation companies, such as costs for maintenance, utilities, insurance, and other overhead.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the cost structure and financial pressures facing the trucking industry, which is a critical component of the U.S. logistics and transportation network.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses in the truck transportation sector.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this metric to assess the financial health and cost pressures facing the trucking industry, which informs decisions around infrastructure investment, regulations, and other policies affecting this sector.
Q: Are there update delays or limitations?
A: The data is released quarterly with a delay of approximately two months.
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Citation
U.S. Federal Reserve, All Other Operating Expenses for Truck Transportation, All Establishments, Employer Firms (EXPAOOEF484ALLEST), retrieved from FRED.