Total Revenue for Air Transportation, All Establishments, Employer Firms
REVEF481ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254,631.00
Year-over-Year Change
71.56%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures total revenue for air transportation establishments in the United States. It provides insights into the financial performance and overall activity levels of the air transportation 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 for air transportation, all establishments, employer firms metric tracks the combined sales and receipts of businesses engaged in air transportation services, including passenger and freight air transportation. This indicator offers a comprehensive view of the financial health and market conditions within the U.S. air transportation sector.
Methodology
The data is collected through surveys of U.S. businesses and establishments by the U.S. Census Bureau.
Historical Context
This economic indicator is widely used by policymakers, industry analysts, and economists to assess the financial performance and market dynamics of the air transportation industry.
Key Facts
- The air transportation industry is a key driver of economic activity in the United States.
- Total revenue for air transportation establishments has seen significant fluctuations over the past decade.
- The COVID-19 pandemic had a substantial impact on the financial performance of the air transportation sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue, or sales and receipts, generated by businesses engaged in air transportation services in the United States, including both passenger and freight air transportation.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the financial health and overall activity levels of the air transportation industry, which is a critical component of the U.S. economy. It is widely used by policymakers, industry analysts, and economists to assess market conditions and performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This economic indicator is closely monitored by policymakers, central banks, and other institutions to understand the financial performance and market dynamics of the air transportation sector, which has significant implications for broader economic conditions and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the U.S. Census Bureau, and there may be occasional delays in the availability of the most recent information.
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Citation
U.S. Federal Reserve, Total Revenue for Air Transportation, All Establishments, Employer Firms (REVEF481ALLEST), retrieved from FRED.