Expenses for Limited-Service Restaurants, Establishments Subject To Federal Income Tax, Employer Firms
LREESTFITEF3722513 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
225,298.00
Year-over-Year Change
93.94%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the expenses for limited-service restaurants, which are establishments subject to federal income tax and have employer firms. It provides insights into the financial health and spending patterns of a critical sector of the U.S. economy.
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 Limited-Service Restaurants, Establishments Subject To Federal Income Tax, Employer Firms trend represents the total operating expenses incurred by limited-service restaurants that are subject to federal income tax and have employee firms. This data is used by economists and policymakers to analyze the financial performance and spending dynamics of the restaurant industry.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual survey of business establishments.
Historical Context
This trend is closely monitored by economic analysts and policymakers to assess consumer spending patterns and the overall health of the service sector.
Key Facts
- Limited-service restaurants include fast food and quick-service establishments.
- Establishments subject to federal income tax are for-profit businesses.
- Employer firms have at least one paid employee besides the owner.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total operating expenses incurred by limited-service restaurants that are subject to federal income tax and have employer firms.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the financial health and spending patterns of the restaurant industry, which is a critical sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual survey of business establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economic analysts and policymakers to assess consumer spending patterns and the overall health of the service sector.
Q: Are there update delays or limitations?
A: The data is reported annually, and there may be a delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Expenses for Limited-Service Restaurants, Establishments Subject To Federal Income Tax, Employer Firms (LREESTFITEF3722513), retrieved from FRED.