Total Revenue for Personal and Household Goods Repair and Maintenance, Establishments Subject to Federal Income Tax
This dataset tracks total revenue for personal and household goods repair and maintenance, establishments subject to federal income tax over time.
Latest Value
3321.00
Year-over-Year Change
36.39%
Date Range
1/1/2009 - 4/1/2022
Summary
This economic trend measures total revenue for personal and household goods repair and maintenance establishments subject to federal income tax. It provides insight into the financial health and activity of this service-oriented industry.
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 metric tracks the overall sales and receipts generated by repair and maintenance businesses that service personal and household items. This data offers economists and policymakers a window into consumer demand and the economic vitality of this services sector.
Methodology
The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Historical Context
This revenue trend is used to monitor consumer spending patterns and the broader service industry's contribution to the U.S. economy.
Key Facts
- Covers establishments that repair and maintain personal and household items.
- Measures total sales, receipts, and revenue from these service providers.
- Data is collected quarterly by the U.S. Census Bureau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue or sales generated by establishments that provide repair and maintenance services for personal and household goods.
Q: Why is this trend relevant for users or analysts?
A: This revenue data offers insights into consumer spending patterns and the economic health of the service industry that supports personal and household item maintenance.
Q: How is this data collected or calculated?
A: The data is collected through quarterly surveys of businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this revenue trend to monitor consumer demand and the contribution of the service sector to the broader U.S. economy.
Q: Are there update delays or limitations?
A: The data is released quarterly, so there may be a short delay before the most recent figures are available.
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Citation
U.S. Federal Reserve, Total Revenue for Personal and Household Goods Repair and Maintenance, Establishments Subject to Federal Income Tax (REV8114TAXABL144QNSA), retrieved from FRED.