Expenses for Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms
HWTADEAEEF3562211 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,022.00
Year-over-Year Change
58.95%
Date Range
1/1/2003 - 1/1/2021
Summary
This economic trend measures the expenses incurred by all U.S. establishments for the treatment and disposal of hazardous waste. It provides insight into the cost burden and environmental compliance efforts of businesses.
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 Expenses for Hazardous Waste Treatment and Disposal metric tracks the total spending by employer firms on managing and disposing of hazardous materials. It is an important indicator of environmental compliance and operational costs faced by a wide range of industries.
Methodology
The data is collected through surveys of U.S. businesses by government statistical agencies.
Historical Context
Policymakers and regulators use this trend to assess the economic impact of environmental regulations and monitor industry's adaptation to evolving hazardous waste standards.
Key Facts
- Hazardous waste disposal is a major operational cost for many U.S. businesses.
- Proper hazardous waste management is critical for environmental protection.
- Compliance with hazardous waste regulations can significantly impact a firm's profitability.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenses incurred by U.S. establishments for the treatment and disposal of hazardous waste materials.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the cost burden and environmental compliance efforts of businesses, which is useful for policymakers, regulators, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and regulators use this trend to assess the economic impact of environmental regulations and monitor industry's adaptation to evolving hazardous waste standards.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the survey-based methodology may not capture all hazardous waste disposal activities.
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Citation
U.S. Federal Reserve, Expenses for Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms (HWTADEAEEF3562211), retrieved from FRED.