Tons of Coal Consumed in Road Passenger Service, Class I Railroads for United States
M03053USM601NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,616.00
Year-over-Year Change
13.69%
Date Range
1/1/1920 - 9/1/1943
Summary
This economic trend measures the total tons of coal consumed by Class I railroads in the United States for road passenger service. It provides insights into energy usage and efficiency in the rail transportation industry.
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 tons of coal consumed in road passenger service by Class I railroads is an important indicator of energy usage and efficiency in the U.S. rail transportation sector. This metric can be used to analyze trends in fuel consumption, emissions, and the overall environmental impact of passenger rail operations.
Methodology
The data is collected and reported by the U.S. Federal Railroad Administration.
Historical Context
This trend is relevant for policymakers, transportation analysts, and stakeholders interested in the energy and environmental performance of the U.S. rail industry.
Key Facts
- Coal is a major energy source for U.S. rail operations.
- Passenger rail services account for a significant portion of total rail energy use.
- Tracking coal consumption trends can inform efforts to improve rail energy efficiency.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total tons of coal consumed by Class I railroads in the United States for road passenger service.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into energy usage and efficiency in the U.S. rail transportation sector, which is important for analyzing environmental impact and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Federal Railroad Administration.
Q: How is this trend used in economic policy?
A: This trend is relevant for policymakers, transportation analysts, and stakeholders interested in the energy and environmental performance of the U.S. rail industry.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and potential delays of the U.S. Federal Railroad Administration.
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Citation
U.S. Federal Reserve, Tons of Coal Consumed in Road Passenger Service, Class I Railroads for United States (M03053USM601NNBR), retrieved from FRED.