Sources of Revenue: Cruises for Water Transportation, All Establishments, Employer Firms
REVCRUEF483ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,749.00
Year-over-Year Change
22.06%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the sources of revenue for cruise-related businesses in the water transportation industry. It provides insights into the financial performance and demand trends for this 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 'Sources of Revenue: Cruises for Water Transportation, All Establishments, Employer Firms' series tracks the revenue generated by cruise-related activities across all water transportation businesses. This data is useful for analyzing the financial health and market dynamics of the cruise industry.
Methodology
The data is collected through surveys of businesses in the water transportation sector.
Historical Context
This trend is relevant for policymakers, industry analysts, and investors monitoring the cruise industry's economic performance.
Key Facts
- Cruise revenue accounts for a significant portion of the water transportation industry's total revenue.
- The cruise sector is influenced by factors like consumer confidence, disposable income, and travel trends.
- Cruise revenue data can indicate the industry's growth potential and economic resilience.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue generated by cruise-related activities within the water transportation industry, providing insights into the financial performance and demand for cruise services.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for policymakers, industry analysts, and investors as it offers insights into the financial health and market dynamics of the cruise industry, which is an important component of the broader transportation and leisure sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in the water transportation sector.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers to monitor the performance and economic impact of the cruise industry, which is an important contributor to the transportation and tourism sectors.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and updates, as the information is collected through business surveys. Users should check the latest available data and be aware of any potential limitations or caveats.
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Citation
U.S. Federal Reserve, Sources of Revenue: Cruises for Water Transportation, All Establishments, Employer Firms (REVCRUEF483ALLEST), retrieved from FRED.