Freight Car-Miles, Loaded for United States
M03041USM395NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,043.00
Year-over-Year Change
7.19%
Date Range
1/1/1918 - 8/1/1943
Summary
The Freight Car-Miles, Loaded for United States measures the total distance traveled by loaded freight cars in the United States. This metric provides insights into the volume and efficiency of the domestic freight rail network.
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 Freight Car-Miles, Loaded statistic reflects the total distance traveled by loaded freight cars across the U.S. rail system. It serves as an indicator of freight rail activity and the overall health of the logistics industry.
Methodology
The data is collected by the Association of American Railroads and published by the Federal Reserve Economic Data (FRED) system.
Historical Context
This metric is closely watched by policymakers, economists, and industry analysts to assess the state of the U.S. freight transportation network and broader economic conditions.
Key Facts
- Freight car-miles measures the total distance traveled by loaded freight cars.
- The data is collected by the Association of American Railroads.
- The metric provides insights into freight rail activity and logistics.
FAQs
Q: What does this economic trend measure?
A: The Freight Car-Miles, Loaded for United States measures the total distance traveled by loaded freight cars across the U.S. rail network.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the volume and efficiency of domestic freight rail transportation, which is a key component of the U.S. logistics and supply chain infrastructure.
Q: How is this data collected or calculated?
A: The data is collected by the Association of American Railroads and published by the Federal Reserve Economic Data (FRED) system.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this metric to assess the state of the U.S. freight transportation network and broader economic conditions.
Q: Are there update delays or limitations?
A: The Freight Car-Miles, Loaded data is published monthly by FRED, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Freight Car-Miles, Loaded for United States (M03041USM395NNBR), retrieved from FRED.