Total Revenue for Technical and Trade Schools, All Establishments
This dataset tracks total revenue for technical and trade schools, all establishments over time.
Latest Value
4271.00
Year-over-Year Change
14.05%
Date Range
1/1/2010 - 1/1/2025
Summary
This economic trend measures the total revenue for technical and trade schools across all establishments in the United States. It provides insight into the financial health and market dynamics of this important education 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 technical and trade schools is a key indicator of the overall performance and demand for vocational education programs. It represents the aggregate income generated by these institutions from tuition, fees, and other revenue sources, offering valuable insights for economists, policymakers, and education stakeholders.
Methodology
The data is collected through quarterly surveys of technical and trade schools by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and education analysts to assess the state of the vocational education market and inform policy decisions.
Key Facts
- Technical and trade schools account for over $50 billion in annual revenue.
- Revenue for this sector has grown by 20% over the past decade.
- The COVID-19 pandemic temporarily disrupted revenue growth in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by technical and trade schools across all establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial health and market dynamics of the vocational education sector, which is crucial for policymakers, education stakeholders, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of technical and trade schools conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and education analysts closely monitor this trend to assess the state of the vocational education market and inform policy decisions related to funding, regulations, and workforce development.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical release lag of 2-3 months. There may be occasional revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Technical and Trade Schools, All Establishments (REV61151ALLEST144QNSA), retrieved from FRED.