Sources of Revenue: Data Processing, Information Technology (IT) Infrastructure Provisioning, and Hosting Services for Data Processing, Hosting, and Related Services, All Establishments, Employer Firms
This dataset tracks sources of revenue: data processing, information technology (it) infrastructure provisioning, and hosting services for data processing, hosting, and related services, all establishments, employer firms over time.
Latest Value
155645.00
Year-over-Year Change
82.18%
Date Range
1/1/2013 - 1/1/2020
Summary
This economic trend measures the sources of revenue for establishments providing data processing, IT infrastructure provisioning, and hosting services. It's an important indicator of the health and growth of the digital infrastructure 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 Sources of Revenue: Data Processing, Information Technology (IT) Infrastructure Provisioning, and Hosting Services for Data Processing, Hosting, and Related Services, All Establishments, Employer Firms trend provides insights into the revenue streams of businesses that operate and maintain digital infrastructure and services.
Methodology
The data is collected through surveys of U.S. employers by the Census Bureau.
Historical Context
This trend is closely watched by policymakers and analysts to assess the state of the digital economy.
Key Facts
- The digital infrastructure industry generated over $400 billion in revenue in 2021.
- Revenue from data processing and hosting services accounts for over 60% of the industry's total.
- The industry has seen steady growth of around 5% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the sources of revenue for establishments providing data processing, IT infrastructure provisioning, and hosting services for digital infrastructure and related services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of the digital infrastructure industry, which is a critical component of the modern economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. employers by the Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the state of the digital economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately three months.
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Citation
U.S. Federal Reserve, Sources of Revenue: Data Processing, Information Technology (IT) Infrastructure Provisioning, and Hosting Services for Data Processing, Hosting, and Related Services, All Establishments, Employer Firms (REVDITEF518ALLEST), retrieved from FRED.