Total Revenue for General Freight Trucking, Long-Distance, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for general freight trucking, long-distance, establishments subject to federal income tax over time.
Latest Value
54651.00
Year-over-Year Change
-9.74%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue for general freight trucking, long-distance establishments subject to federal income tax. It provides insight into the financial health and activity of a critical logistics sector.
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 general freight trucking, long-distance establishments subject to federal income tax is an important indicator of economic activity and transportation demand. It reflects the financial performance of a key industry that supports trade, manufacturing, and consumer goods distribution.
Methodology
The data is collected through quarterly surveys by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess the state of the logistics and transportation sectors.
Key Facts
- Trucking accounts for over 80% of freight transportation in the U.S.
- The general freight trucking industry generates over $300 billion in annual revenue.
- The long-distance segment represents a significant portion of the overall trucking market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by general freight trucking establishments that operate long-distance routes and are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial performance and activity levels of the long-distance freight trucking industry, which is a critical component of the broader logistics and transportation sectors.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the health of the logistics and transportation sectors, which have significant implications for trade, manufacturing, and consumer goods distribution.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical lag of several months. There may be seasonal variations and other factors that can affect the interpretation of this trend.
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Citation
U.S. Federal Reserve, Total Revenue for General Freight Trucking, Long-Distance, Establishments Subject to Federal Income Tax (REV48412TAXABL144QNSA), retrieved from FRED.