Passenger Revenues, Pullman Company for United States
M0310IUSM144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.04
Year-over-Year Change
19.80%
Date Range
1/1/1913 - 11/1/1943
Summary
The Passenger Revenues, Pullman Company for United States series measures the monthly revenues earned by the Pullman Company from passenger transportation services within the United States. This metric is an important indicator of economic activity and consumer demand for travel.
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 Pullman Company was a major railroad passenger car company in the United States during the late 19th and early 20th centuries. This series tracks the company's revenues from passenger transportation, providing insights into historical trends in travel and leisure spending.
Methodology
The data is collected directly from the financial records of the Pullman Company.
Historical Context
Passenger revenues can signal changes in consumer confidence and discretionary spending, which are closely watched by economists and policymakers.
Key Facts
- The Pullman Company was founded in 1867.
- Passenger rail was a major mode of transportation in the late 19th and early 20th centuries.
- Pullman revenues peaked in the 1920s before declining with the rise of automobile and air travel.
FAQs
Q: What does this economic trend measure?
A: This series measures the monthly revenues earned by the Pullman Company from passenger transportation services within the United States.
Q: Why is this trend relevant for users or analysts?
A: Passenger revenues can provide insights into historical trends in travel and leisure spending, which are important indicators of consumer confidence and economic activity.
Q: How is this data collected or calculated?
A: The data is collected directly from the financial records of the Pullman Company.
Q: How is this trend used in economic policy?
A: Passenger revenues are closely watched by economists and policymakers as a signal of changes in consumer confidence and discretionary spending.
Q: Are there update delays or limitations?
A: The data is historical and may not be updated regularly, as the Pullman Company is no longer in operation.
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Citation
U.S. Federal Reserve, Passenger Revenues, Pullman Company for United States (M0310IUSM144NNBR), retrieved from FRED.