Total Revenue for Other Services (Except Public Administration), All Establishments
REV81ALLEST157QNSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-13.80
Year-over-Year Change
-24.18%
Date Range
4/1/2009 - 1/1/2025
Summary
This economic trend measures total revenue for the 'Other Services (Except Public Administration)' industry in the United States. It provides insight into the financial performance and economic health of this important 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 'Other Services (Except Public Administration)' industry includes a diverse range of businesses such as personal care services, religious organizations, and repair and maintenance services. This revenue trend offers a high-level view of commercial activity and consumer demand within this broad economic segment.
Methodology
The data is collected through surveys of business establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts monitor this trend to gauge the overall strength of the service economy.
Key Facts
- The 'Other Services' sector accounts for over 4 million U.S. jobs.
- This industry generates over $800 billion in annual revenue.
- Revenue trends often foreshadow broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by businesses in the 'Other Services (Except Public Administration)' industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This revenue trend provides insight into the overall health and commercial activity of a diverse set of service-based businesses, making it a useful indicator of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the strength of the service economy, which is a major driver of U.S. economic growth and employment.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, and there may be a lag of several months between the end of a quarter and the release of the latest figures.
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Citation
U.S. Federal Reserve, Total Revenue for Other Services (Except Public Administration), All Establishments (REV81ALLEST157QNSA), retrieved from FRED.