Total Revenue for Other Schools and Instruction, All Establishments
REV6116ALLEST157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
-44.35%
Date Range
10/1/2012 - 1/1/2025
Summary
This trend measures the total revenue for other schools and instruction across all establishments in the United States. It provides insight into the economic activity and demand for these educational services.
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 Other Schools and Instruction, All Establishments metric tracks the aggregate sales and receipts for private establishments providing educational services outside of traditional academic settings, such as vocational training, exam preparation, and personal enrichment classes.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Census Bureau.
Historical Context
This trend is used by economists and policymakers to monitor the health and dynamics of the private education services industry.
Key Facts
- The data is reported on a quarterly basis.
- Revenues have grown steadily over the past decade.
- The private education services industry employs over 1 million workers in the U.S.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by private establishments providing educational services outside of traditional academic settings, such as vocational training, exam preparation, and personal enrichment classes.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic activity and demand for private education services, which is an important sector for understanding the broader services industry and consumer spending patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to monitor the health and dynamics of the private education services industry, which can inform decisions related to workforce development, consumer spending, and broader economic policy.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, so there may be a lag of several months between the reference period and the most recent publication.
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Citation
U.S. Federal Reserve, Total Revenue for Other Schools and Instruction, All Establishments (REV6116ALLEST157QNSA), retrieved from FRED.