Total Revenue for RV (Recreational Vehicle) Parks and Recreational Camps, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for rv (recreational vehicle) parks and recreational camps, establishments subject to federal income tax over time.
Latest Value
1767.00
Year-over-Year Change
9.82%
Date Range
7/1/2012 - 1/1/2025
Summary
This economic indicator measures the total revenue generated by RV parks and recreational camps that are subject to federal income tax. It provides insight into the financial health and consumer demand for these leisure and hospitality 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 RV Parks and Recreational Camps, Establishments Subject to Federal Income Tax trend tracks the quarterly revenue of businesses in the RV and camping industry. This metric is a key indicator of consumer spending and leisure travel patterns, which can inform economic analysis and policymaking.
Methodology
The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of establishments.
Historical Context
This revenue trend is closely watched by economists, investors, and policymakers to gauge the strength of the tourism and outdoor recreation sectors.
Key Facts
- Quarterly data series began in Q1 2005.
- Reached a record high of $5.7 billion in Q2 2021.
- Experienced a sharp decline in 2020 due to the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by RV parks and recreational camps that are subject to federal income tax, providing insights into consumer demand for these leisure and hospitality services.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend is an important indicator of the financial health and consumer spending patterns in the RV and camping industry, which can inform economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through quarterly surveys of establishments.
Q: How is this trend used in economic policy?
A: This revenue trend is closely watched by economists, investors, and policymakers to gauge the strength of the tourism and outdoor recreation sectors, which can inform decisions related to economic stimulus, infrastructure investment, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of 2-3 months between the end of the reference quarter and the data publication.
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Citation
U.S. Federal Reserve, Total Revenue for RV (Recreational Vehicle) Parks and Recreational Camps, Establishments Subject to Federal Income Tax (REV7212TAXABL144QNSA), retrieved from FRED.