Total Revenue for Educational Services, All Establishments
REV61ALLEST144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27,612.00
Year-over-Year Change
29.74%
Date Range
1/1/2010 - 1/1/2025
Summary
The Total Revenue for Educational Services, All Establishments trend measures revenue generated by the educational services industry in the United States. This metric is crucial for economists and policymakers to assess the financial health and growth of the 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
This quarterly economic indicator tracks the total revenue received by all educational establishments, including public and private schools, colleges, and other learning institutions. It provides insights into the overall business performance and demand for educational services across the country.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses in the educational services industry.
Historical Context
Policymakers and market analysts use this trend to evaluate the economic conditions and investment opportunities in the education sector.
Key Facts
- The educational services industry generated over $1.3 trillion in revenue in 2021.
- Revenue growth in the education sector has outpaced overall economic growth in recent years.
- The COVID-19 pandemic had a significant impact on educational revenue, leading to a sharp decline in 2020.
FAQs
Q: What does this economic trend measure?
A: The Total Revenue for Educational Services, All Establishments trend measures the total revenue generated by the educational services industry in the United States, including public and private schools, colleges, and other learning institutions.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists and policymakers to assess the financial health and growth of the education sector, which is a critical component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of businesses in the educational services industry.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to evaluate the economic conditions and investment opportunities in the education sector, which can inform decisions on funding, regulations, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is released quarterly, and there may be a delay of several weeks or months before the latest figures are available.
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Citation
U.S. Federal Reserve, Total Revenue for Educational Services, All Establishments (REV61ALLEST144QNSA), retrieved from FRED.