Total Revenue for Specialized Freight Trucking, Establishments Subject to Federal Income Tax
REV4842TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30,868.00
Year-over-Year Change
0.48%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic indicator measures the total revenue for specialized freight trucking establishments subject to federal income tax. It provides insight into the financial performance and activity levels within the U.S. 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 Specialized Freight Trucking, Establishments Subject to Federal Income Tax series tracks the quarterly revenue generated by trucking companies that transport specialized freight. This data point is used by economists and policymakers to assess the overall health and trends within the freight transportation sector.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of freight trucking establishments.
Historical Context
This revenue metric is closely monitored as it reflects broader economic conditions and consumer/business demand for freight transportation services.
Key Facts
- This series dates back to 1993.
- Freight trucking is a $732 billion industry in the U.S.
- Specialized freight transport accounts for over 20% of total U.S. trucking revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total quarterly revenue generated by U.S. trucking establishments that transport specialized freight, such as hazardous materials, heavy equipment, or oversized loads.
Q: Why is this trend relevant for users or analysts?
A: The total revenue for specialized freight trucking is an important gauge of economic activity and demand for freight transportation services across industries.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through quarterly surveys of freight trucking establishments.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the health of the freight transportation sector and broader economic conditions.
Q: Are there update delays or limitations?
A: This data is released with a lag of approximately 2-3 months after the end of each quarter.
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Citation
U.S. Federal Reserve, Total Revenue for Specialized Freight Trucking, Establishments Subject to Federal Income Tax (REV4842TAXABL144QNSA), retrieved from FRED.