Total Revenue for Electronic and Precision Equipment Repair and Maintenance, Establishments Subject to Federal Income Tax
REV8112TAXABL144QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,004.00
Year-over-Year Change
8.62%
Date Range
1/1/2009 - 1/1/2025
Summary
This trend measures the total revenue generated by establishments that provide electronic and precision equipment repair and maintenance services and are subject to federal income tax. It is an important indicator of activity and demand in this specialized service 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 Electronic and Precision Equipment Repair and Maintenance, Establishments Subject to Federal Income Tax series tracks the quarterly revenue of businesses that repair and maintain electronic and precision equipment, such as computers, communications equipment, and medical devices. This data provides insights into the overall health and dynamics of this critical support industry.
Methodology
The data is collected through surveys of businesses by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by policymakers and industry analysts to assess economic conditions and investment in technology infrastructure.
Key Facts
- This sector generated over $55 billion in revenue in 2021.
- Revenue grew by 8.3% year-over-year in the fourth quarter of 2022.
- The top 4 states account for over 50% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by establishments that provide electronic and precision equipment repair and maintenance services and are subject to federal income tax.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall health and dynamics of the critical technology support services industry, which is closely monitored by policymakers and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to assess economic conditions and investment in technology infrastructure.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately 3 months.
Related Trends
Total Revenue for General Medical and Surgical Hospitals - Government, All Establishments, Employer Firms
REVEF622118ALLEST
Professional liability insurance for Other Ambulatory Health Care Services, All Establishments, Employer Firms
EXPPLI6219ALLESTEF
Total Revenue for Book, Directory and Mailing List, and Other Publishers, Establishments Subject to Federal Income Tax
REV5111XTAXABL144QNSA
End of Year Inventories for Greeting Card Publishers, Employer Firms: Materials, Supplies, Fuel, Etc. for All Establishments
INVMSFEF511191ALLEST
Total Revenue for Performing Arts Companies, Establishments Exempt from Federal Income Tax
REV7111TAXEPT144QNSA
Medicare (Fee for Service Only From Parts A, B and D) for Offices of Dentists, All Establishments, Employer Firms
OODMFSOFPA46212
Citation
U.S. Federal Reserve, Total Revenue for Electronic and Precision Equipment Repair and Maintenance, Establishments Subject to Federal Income Tax (REV8112TAXABL144QNSA), retrieved from FRED.