Revenue Ton-Miles Per Ton of Coal Consumed in Freight Service, Class I Railroads for United States
M03048USM611NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,392.00
Year-over-Year Change
7.47%
Date Range
1/1/1920 - 6/1/1942
Summary
This economic trend measures the revenue ton-miles per ton of coal consumed by Class I freight railroads in the United States. It provides insights into the operational efficiency and productivity of the coal transportation sector.
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 revenue ton-miles per ton of coal consumed metric represents the total distance coal is transported by freight railroads, divided by the total amount of coal consumed. This metric is used to assess the productivity and energy efficiency of coal transportation by the rail industry.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on reports from Class I freight railroads.
Historical Context
This trend is relevant for policymakers, industry analysts, and investors interested in the performance and sustainability of the coal transportation sector.
Key Facts
- Class I railroads account for the majority of freight rail activity in the U.S.
- Coal is a significant commodity transported by freight railroads.
- This metric measures the efficiency of coal transportation by rail.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue ton-miles per ton of coal consumed by Class I freight railroads in the United States. It provides insights into the operational efficiency and productivity of the coal transportation sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, industry analysts, and investors interested in the performance and sustainability of the coal transportation sector. It provides insights into the efficiency and energy usage of freight rail operations.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on reports from Class I freight railroads.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry stakeholders to assess the efficiency and sustainability of the coal transportation sector, which is relevant for energy and transportation policy decisions.
Q: Are there update delays or limitations?
A: There may be some update delays as the data is collected and processed by the Federal Reserve. Additionally, the metric is limited to Class I freight railroads and does not capture the full coal transportation landscape.
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Citation
U.S. Federal Reserve, Revenue Ton-Miles Per Ton of Coal Consumed in Freight Service, Class I Railroads for United States (M03048USM611NNBR), retrieved from FRED.