Total Revenue for Truck Transportation, Establishments Subject to Federal Income Tax
REV484TAXABL157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-4.70
Year-over-Year Change
-347.37%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic indicator tracks total revenue generated by truck transportation establishments subject to federal income tax. It provides insights into the financial health and activity of the trucking industry, a critical component of the U.S. logistics and transportation 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 Truck Transportation metric reports quarterly revenue figures for establishments primarily engaged in providing truck transportation of cargo. This data is useful for analyzing trends in the trucking industry and broader economic conditions.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
Policymakers and industry analysts monitor this metric to gauge the performance and outlook of the trucking sector.
Key Facts
- Truck transportation is a $700+ billion industry in the U.S.
- Trucking carries over 70% of domestic freight by weight.
- This metric tracks revenue, not just volume or tonnage.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by U.S. establishments primarily engaged in providing truck transportation of cargo.
Q: Why is this trend relevant for users or analysts?
A: Monitoring truck transportation revenue provides insights into the financial health and activity of a critical component of the U.S. logistics and supply chain.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts track this metric to gauge the performance and outlook of the trucking sector, which is crucial for the broader economy.
Q: Are there update delays or limitations?
A: This data is released quarterly, with a lag of several months.
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Citation
U.S. Federal Reserve, Total Revenue for Truck Transportation, Establishments Subject to Federal Income Tax (REV484TAXABL157QNSA), retrieved from FRED.