Total Revenue for Nonscheduled Chartered Freight Air Transportation, All Establishments, Employer Firms
REVEF481212ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,045.00
Year-over-Year Change
82.24%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue generated by non-scheduled chartered freight air transportation businesses across all U.S. establishments. It provides insight into the commercial aviation industry and can be used to assess economic activity and demand for air freight services.
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 Nonscheduled Chartered Freight Air Transportation, All Establishments, Employer Firms metric tracks the combined revenue from air transportation services provided by charter, rather than scheduled, freight carriers. This data point is used by economists and policymakers to gauge the health and growth of the air freight logistics sector.
Methodology
The data is collected through surveys of non-scheduled air transportation businesses in the United States.
Historical Context
This revenue trend can inform economic and infrastructure decisions related to the air freight industry.
Key Facts
- The air freight industry generates over $100 billion in annual revenue in the U.S.
- Demand for air freight transportation has grown steadily over the past decade.
- Chartered, non-scheduled flights account for a significant portion of air freight activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue earned by non-scheduled chartered freight air transportation businesses across all U.S. establishments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial aviation industry and can be used to assess economic activity and demand for air freight services.
Q: How is this data collected or calculated?
A: The data is collected through surveys of non-scheduled air transportation businesses in the United States.
Q: How is this trend used in economic policy?
A: This revenue trend can inform economic and infrastructure decisions related to the air freight industry.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and may have lags in availability.
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Citation
U.S. Federal Reserve, Total Revenue for Nonscheduled Chartered Freight Air Transportation, All Establishments, Employer Firms (REVEF481212ALLEST), retrieved from FRED.