Railroad Freight Tons Originated, Carload for United States
Q03068USQ455SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
367.80
Year-over-Year Change
55.65%
Date Range
1/1/1920 - 1/1/1943
Summary
This economic trend measures the total weight of freight transported by railroad in the United States. It is an important indicator of industrial activity and supply chain dynamics.
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 Railroad Freight Tons Originated, Carload for United States tracks the volume of cargo moved by rail. It reflects the overall demand for freight transportation and serves as a barometer for the health of the broader economy.
Methodology
The data is collected by the U.S. Surface Transportation Board from reports filed by major railroad companies.
Historical Context
This metric is closely watched by policymakers, logistics firms, and economic analysts to gauge the strength of the industrial sector and predict future economic trends.
Key Facts
- Rail freight accounts for over 30% of total U.S. freight movement.
- Freight rail is the most fuel-efficient mode of surface transportation.
- The railroad industry employs over 150,000 workers in the United States.
FAQs
Q: What does this economic trend measure?
A: The Railroad Freight Tons Originated, Carload for United States tracks the total weight of freight transported by railroad in the country.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of industrial activity, supply chain dynamics, and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Surface Transportation Board from reports filed by major railroad companies.
Q: How is this trend used in economic policy?
A: Policymakers, logistics firms, and economic analysts closely monitor this metric to gauge the strength of the industrial sector and predict future economic trends.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a slight delay, but it provides a comprehensive view of rail freight activity in the United States.
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Citation
U.S. Federal Reserve, Railroad Freight Tons Originated, Carload for United States (Q03068USQ455SNBR), retrieved from FRED.