Revenue from Households for Other Information Services, Establishments Subject to Federal Income Tax
This dataset tracks revenue from households for other information services, establishments subject to federal income tax over time.
Latest Value
-3.70
Year-over-Year Change
-138.14%
Date Range
10/1/2012 - 1/1/2025
Summary
This economic trend measures household spending on information services, excluding telecommunications. It is an important indicator of consumer demand and can provide insights into the broader information and technology 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 Revenue from Households for Other Information Services, Establishments Subject to Federal Income Tax trend tracks household expenditures on a variety of information services, such as online streaming, data processing, and information retrieval. This metric offers visibility into consumer preferences and spending patterns within the information services industry.
Methodology
The data is collected through surveys of U.S. businesses and households by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to gauge the health and growth of the information services industry and its impact on the broader economy.
Key Facts
- The data is reported on a quarterly basis.
- Spending on information services has grown significantly in recent decades.
- This trend excludes telecommunications services, which are tracked separately.
FAQs
Q: What does this economic trend measure?
A: This trend measures household spending on a variety of information services, such as online streaming, data processing, and information retrieval, excluding telecommunications.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into consumer demand and preferences within the information services industry, which is an important and growing sector of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the health and growth of the information services industry and its impact on the broader economy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical delay of several months.
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Citation
U.S. Federal Reserve, Revenue from Households for Other Information Services, Establishments Subject to Federal Income Tax (HHD519TAXABL157QNSA), retrieved from FRED.