Total Revenue for General Freight Trucking, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for general freight trucking, establishments subject to federal income tax over time.
Latest Value
67097.00
Year-over-Year Change
-10.45%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures the total revenue for general freight trucking establishments subject to federal income tax. It serves as an important indicator of the overall health and activity within the freight trucking 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 General Freight Trucking metric represents the gross sales and receipts for establishments primarily engaged in providing general freight trucking services. This data point is a key statistic used by economists and policymakers to analyze trends in the transportation and logistics sectors.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Tracking this revenue trend helps inform decisions related to economic and transportation policy.
Key Facts
- Trucking is a critical component of the U.S. logistics and supply chain network.
- General freight trucking accounts for over $300 billion in annual revenue.
- This metric has shown volatility in recent years due to economic and industry factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by general freight trucking establishments subject to federal income tax. It provides insight into the overall activity and performance of the freight trucking industry.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this revenue trend is important for understanding the state of the transportation and logistics sectors, which are vital to the broader economy. It can inform investment decisions, economic policy, and industry analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau and compiled into this economic series.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this revenue trend to gauge the health of the freight trucking industry and make informed decisions about transportation infrastructure, regulations, and economic stimulus measures.
Q: Are there update delays or limitations?
A: This data series is updated quarterly by the U.S. Census Bureau, with a typical 2-3 month delay between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Total Revenue for General Freight Trucking, Establishments Subject to Federal Income Tax (REV4841TAXABL144QNSA), retrieved from FRED.