Total Revenue for Information, Establishments Subject to Federal Income Tax
REV51TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
615,864.00
Year-over-Year Change
16.49%
Date Range
10/1/2003 - 1/1/2025
Summary
This economic trend measures the total revenue for information-sector establishments subject to federal income tax. It provides insights into the overall financial performance and economic activity within the information 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 Information, Establishments Subject to Federal Income Tax is a quarterly economic indicator that tracks the aggregate revenue generated by businesses in the information sector, such as publishing, telecommunications, and data processing. This metric is a key barometer of economic conditions and can inform policymakers and analysts about trends in the information industry.
Methodology
The data is collected by the U.S. Census Bureau through quarterly surveys of business establishments.
Historical Context
Analysts and policymakers use this trend to assess the financial health and growth of the information sector, which is a critical component of the broader U.S. economy.
Key Facts
- The information sector accounts for over 4% of U.S. GDP.
- Quarterly revenue in this sector has grown by 25% over the past decade.
- The COVID-19 pandemic had a significant impact on information sector revenue in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses in the information sector, such as publishing, telecommunications, and data processing, that 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 economic activity within the information industry, which is a critical component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through quarterly surveys of business establishments.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the financial health and growth of the information sector, which can inform decisions related to economic policy, investment, and regulatory frameworks.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of several months between the reference period and the publication of the statistics.
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Citation
U.S. Federal Reserve, Total Revenue for Information, Establishments Subject to Federal Income Tax (REV51TAXABL144QNSA), retrieved from FRED.