Total Revenue for Water Transportation, Establishments Subject to Federal Income Tax

REV483TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

-2.90

Year-over-Year Change

-169.05%

Date Range

4/1/2010 - 1/1/2025

Summary

This economic trend measures total revenue for water transportation establishments subject to federal income tax. It provides insight into the financial health and activity of the U.S. water 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 Total Revenue for Water Transportation, Establishments Subject to Federal Income Tax series tracks the total revenue generated by water transportation companies that are required to pay federal income taxes. This metric serves as an important indicator of overall economic conditions and demand for water-based freight and passenger services.

Methodology

The data is collected and calculated by the U.S. Census Bureau through surveys of water transportation businesses.

Historical Context

Policymakers and industry analysts closely monitor this trend to assess the performance and outlook for the water transportation sector.

Key Facts

  • Water transportation revenue exceeded $36 billion in Q4 2022.
  • The industry has seen steady revenue growth since the COVID-19 pandemic lows.
  • Revenues are a key indicator of shipping volumes and economic activity.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total revenue generated by U.S. water transportation companies that are subject to federal income tax. It provides insight into the financial performance and activity levels of the water transportation industry.

Q: Why is this trend relevant for users or analysts?

A: This metric is an important indicator of economic conditions, as water transportation plays a crucial role in freight movement and the broader supply chain. Monitoring water transportation revenue can help analysts and policymakers assess the state of the industry and the overall economy.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Census Bureau through surveys of water transportation businesses.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely track this trend to gauge the health of the water transportation sector and its impact on the broader economy. It informs decisions related to infrastructure investment, regulatory policies, and economic stimulus measures.

Q: Are there update delays or limitations?

A: The data is published quarterly with a lag of approximately two months. While comprehensive, the metric may not capture all water transportation revenue, as it only includes establishments subject to federal income tax.

Related Trends

Citation

U.S. Federal Reserve, Total Revenue for Water Transportation, Establishments Subject to Federal Income Tax (REV483TAXABL157QNSA), retrieved from FRED.