Revenue from Governments for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax

This dataset tracks revenue from governments for data processing, hosting, and related services, establishments subject to federal income tax over time.

Latest Value

3179.00

Year-over-Year Change

64.63%

Date Range

10/1/2003 - 7/1/2021

Summary

This economic trend measures revenue from governments for data processing, hosting, and related services by establishments subject to federal income tax. It provides insight into the scale and growth of this key technology 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 Revenue from Governments for Data Processing, Hosting, and Related Services trend tracks quarterly revenue for a subset of the data processing, hosting, and related services industry. This metric is used by economists and policymakers to monitor the size and performance of the technology services sector.

Methodology

The data is collected through quarterly surveys of businesses subject to federal income tax.

Historical Context

This trend can signal shifts in government technology spending and infrastructure investment.

Key Facts

  • Quarterly data available since 1998.
  • Measures revenue from government agencies and public institutions.
  • Covers establishments subject to federal income tax.

FAQs

Q: What does this economic trend measure?

A: This trend measures quarterly revenue from governments for data processing, hosting, and related technology services by establishments subject to federal income tax.

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

A: This metric provides insight into the size and performance of the technology services industry, particularly revenue from government sources.

Q: How is this data collected or calculated?

A: The data is collected through quarterly surveys of businesses subject to federal income tax.

Q: How is this trend used in economic policy?

A: Economists and policymakers use this trend to monitor government technology spending and infrastructure investment.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag, and only covers establishments subject to federal income tax.

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Citation

U.S. Federal Reserve, Revenue from Governments for Data Processing, Hosting, and Related Services, Establishments Subject to Federal Income Tax (GOV518TAXABL144QNSA), retrieved from FRED.
Economic Data: Revenue from Governments for Data Processi...