Expenses for Landscaping Services, All Establishments, Employer Firms
LSEAEEF3356173 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92,379.00
Year-over-Year Change
138.15%
Date Range
1/1/2004 - 1/1/2022
Summary
This economic trend measures spending by U.S. businesses on landscaping services, providing insights into commercial activity and demand for related industries.
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 Landscaping Services, All Establishments, Employer Firms indicator tracks the total outlays by American companies on contracted landscaping, grounds maintenance, and related services. This metric offers a window into commercial real estate conditions and the health of the broader service economy.
Methodology
The data is collected through surveys of U.S. businesses by the Census Bureau.
Historical Context
Policymakers and analysts use this indicator to gauge overall economic performance and the strength of the commercial real estate market.
Key Facts
- Landscaping services represent a $105 billion industry in the U.S.
- Spending on landscaping has grown by 15% over the past 5 years.
- This indicator is updated quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks total business spending on contracted landscaping, grounds maintenance, and related services across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into commercial real estate activity and the overall health of the service economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to gauge commercial activity and broader economic performance.
Q: Are there update delays or limitations?
A: This indicator is updated quarterly by the Census Bureau with a typical 2-3 month reporting lag.
Related Trends
Current Average Employee Workweek; Percent of Respondents Reporting No Change for Federal Reserve District 3: Philadelphia
AWBNNC156MNFRBPHI
Total Revenue for Commercial Banking, All Establishments, Employer Firms
REVEF52211ALLEST
Future Business Climate; Percent Expecting to Not Change for FRB - New York District
BCFNNA156MNFRBNY
Total Revenue for Management Consulting Services, All Establishments, Employer Firms
REVEF54161ALLEST
Revenue for Caterers, All Establishments, Employer Firms
CRAEEF272232
Expenses for Hazardous Waste Treatment and Disposal, All Establishments, Employer Firms
HWTADEAEEF3562211
Citation
U.S. Federal Reserve, Expenses for Landscaping Services, All Establishments, Employer Firms (LSEAEEF3356173), retrieved from FRED.