Revenue from Households for Information, Establishments Subject to Federal Income Tax
HHD51TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
191,205.00
Year-over-Year Change
8.93%
Date Range
10/1/2003 - 1/1/2025
Summary
This economic indicator measures the total revenue that U.S. households generate for information industry establishments subject to federal income tax. It provides insights into consumer spending and the overall health of the information 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 Information, Establishments Subject to Federal Income Tax trend tracks household-generated revenue for for-profit information businesses in the U.S. This metric offers valuable insights into consumer demand and the performance of the information industry.
Methodology
The data is collected through surveys of U.S. information establishments and aggregated by the U.S. Bureau of Economic Analysis.
Historical Context
This trend is closely monitored by economists and policymakers to gauge consumer spending patterns and assess the broader state of the information sector.
Key Facts
- This metric reflects over $2 trillion in annual household-driven revenue for the U.S. information sector.
- The information industry accounts for approximately 5% of total U.S. GDP.
- Household spending on information goods and services has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue that U.S. households generate for information industry establishments subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable insights into consumer demand and the overall performance of the information sector, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. information establishments and aggregated by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to gauge consumer spending patterns and assess the broader state of the information industry.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, Revenue from Households for Information, Establishments Subject to Federal Income Tax (HHD51TAXABL144QNSA), retrieved from FRED.