Gross Earnings of Railroads for United States
Q0315BUSQ144NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
244.30
Year-over-Year Change
8.72%
Date Range
1/1/1882 - 10/1/1909
Summary
The Gross Earnings of Railroads for the United States measures the total revenue generated by U.S. railroad companies. It is a key indicator of economic activity and transportation sector performance.
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 series tracks the total gross revenue or earnings of railroad operations in the United States. It provides insights into the overall health and demand for rail transportation services, which are crucial for freight and passenger movement across the country.
Methodology
The data is collected and reported by the U.S. Federal Railroad Administration.
Historical Context
Policymakers and analysts monitor this trend to assess the state of the transportation industry and broader economic conditions.
Key Facts
- U.S. railroad companies generated over $70 billion in gross earnings in 2021.
- Rail transportation accounts for over 40% of total U.S. freight movement.
- Gross railroad earnings are closely tied to overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Gross Earnings of Railroads for the United States measures the total revenue generated by U.S. railroad companies from their operations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and demand for rail transportation services, which are crucial for freight and passenger movement across the country.
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: Policymakers and analysts monitor this trend to assess the state of the transportation industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be some delay in the most recent figures.
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Citation
U.S. Federal Reserve, Gross Earnings of Railroads for United States (Q0315BUSQ144NNBR), retrieved from FRED.