Total Revenue for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax
REV5172TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
77,446.00
Year-over-Year Change
6.10%
Date Range
10/1/2003 - 7/1/2024
Summary
This economic indicator tracks total revenue for wireless telecommunications carriers, excluding satellite providers, that are subject to federal income tax. It serves as a key metric for analyzing the financial performance and growth trends in the U.S. wireless telecommunications 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 Wireless Telecommunications Carriers (Except Satellite) measures the aggregate revenue generated by establishments in this industry, including revenue from voice, data, and other wireless services. This data provides insights into the overall size and health of the wireless telecom sector, which is an important component of the broader technology and communications landscape.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of wireless telecommunications businesses.
Historical Context
This industry revenue metric is closely monitored by economists, policymakers, and market analysts to assess the competitive dynamics and growth trajectory of the U.S. wireless telecom market.
Key Facts
- Wireless telecom revenue totaled $84.3 billion in Q4 2022.
- The industry has seen steady year-over-year growth of around 5%.
- Wireless services account for over 60% of total telecom industry revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by wireless telecommunications carriers in the United States, excluding satellite providers, that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the financial performance and growth dynamics of the U.S. wireless telecom industry, which is a critical component of the broader technology and communications landscape.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of wireless telecommunications businesses.
Q: How is this trend used in economic policy?
A: This industry revenue metric is closely monitored by economists, policymakers, and market analysts to assess the competitive dynamics and growth trajectory of the U.S. wireless telecom market, which has important implications for technology infrastructure, consumer access, and economic competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical delay of several months between the end of the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, Total Revenue for Wireless Telecommunications Carriers (Except Satellite), Establishments Subject to Federal Income Tax (REV5172TAXABL144QNSA), retrieved from FRED.