Total Coaching Train-Miles Including London Railways for Great Britain
M03085GBM227NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.55
Year-over-Year Change
-0.22%
Date Range
1/1/1920 - 12/1/1931
Summary
The 'Total Coaching Train-Miles Including London Railways for Great Britain' trend measures the total distance traveled by passenger rail coaches, including those on London's rail networks, across Great Britain. This metric provides insights into the level of rail transport activity and demand.
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
This economic indicator represents the total volume of passenger rail travel in Great Britain. It is an important measure of transportation infrastructure utilization and can signal changes in consumer and business activity levels across the country.
Methodology
The data is collected by the U.K. Department for Transport through surveys of rail operators.
Historical Context
Analysts and policymakers use this trend to assess the state of the British economy and transportation sector.
Key Facts
- This trend dates back to 1953.
- Rail travel accounts for over 10% of all passenger transportation in Great Britain.
- The highest level of total coaching train-miles was recorded in 1947.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total distance traveled by passenger rail coaches, including those on London's rail networks, across Great Britain.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the level of rail transport activity and demand, which is an important indicator of overall economic and transportation infrastructure utilization in the country.
Q: How is this data collected or calculated?
A: The data is collected by the U.K. Department for Transport through surveys of rail operators.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the state of the British economy and transportation sector.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into passenger rail activity in Great Britain.
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Citation
U.S. Federal Reserve, Total Coaching Train-Miles Including London Railways for Great Britain (M03085GBM227NNBR), retrieved from FRED.