Expenses for Linen Supply, All Establishments, Employer Firms
LSEAEEF34812331 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,378.00
Year-over-Year Change
1.37%
Date Range
1/1/2004 - 1/1/2022
Summary
This trend measures the expenses incurred by all U.S. employer firms for linen supply services. It provides insights into a key cost factor for businesses in various 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 Linen Supply, All Establishments, Employer Firms series tracks the total spending by U.S. companies on linen rental, laundry, and maintenance services. This metric is used by economists and policymakers to monitor changes in the costs faced by businesses.
Methodology
The data is collected through surveys of U.S. employer firms.
Historical Context
Trends in linen supply expenses can indicate changes in business operating costs and the overall health of the commercial laundry industry.
Key Facts
- Linen supply is a major cost for hotels, restaurants, and healthcare facilities.
- The linen supply industry employs over 150,000 workers in the U.S.
- Expenses for linen supply can be impacted by factors like labor costs and textile prices.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total expenses incurred by U.S. employer firms for linen supply services, including rental, laundry, and maintenance.
Q: Why is this trend relevant for users or analysts?
A: Trends in linen supply expenses provide insights into a key operating cost for businesses in various service-oriented industries, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employer firms.
Q: How is this trend used in economic policy?
A: Monitoring changes in linen supply expenses can help economists and policymakers assess the overall health of the commercial laundry industry and the cost pressures faced by businesses.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations associated with survey-based economic indicators.
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Citation
U.S. Federal Reserve, Expenses for Linen Supply, All Establishments, Employer Firms (LSEAEEF34812331), retrieved from FRED.