Total Revenue for Automotive Equipment Rental and Leasing, Establishments Subject to Federal Income Tax
REV5321TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,580.00
Year-over-Year Change
10.32%
Date Range
1/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for automotive equipment rental and leasing establishments subject to federal income tax. It provides insight into the financial health and activity of this key 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 Automotive Equipment Rental and Leasing, Establishments Subject to Federal Income Tax metric tracks the total sales and receipts for businesses in this sector. It is a useful indicator of broader consumer and commercial demand for vehicle rentals and leases.
Methodology
The data is collected through quarterly surveys of U.S. businesses by the U.S. Census Bureau.
Historical Context
This trend is monitored by economists and policymakers to gauge the strength of the automotive and transportation services sectors.
Key Facts
- This data has been tracked since 1993.
- Rental and leasing account for over 50% of automotive industry revenue.
- The metric reached an all-time high of $69.8 billion in Q4 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total revenue generated by U.S. automotive equipment rental and leasing establishments that are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into consumer and commercial demand for vehicle rentals and leases, which is an important indicator of broader economic activity and transportation sector health.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through quarterly surveys of businesses in the automotive equipment rental and leasing industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this metric to gauge the strength of the transportation services sector and its impact on the broader economy.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Total Revenue for Automotive Equipment Rental and Leasing, Establishments Subject to Federal Income Tax (REV5321TAXABL144QNSA), retrieved from FRED.