Total Revenue for General Freight Trucking, Long-Distance, Truckload, All Establishments, Employer Firms
This dataset tracks total revenue for general freight trucking, long-distance, truckload, all establishments, employer firms over time.
Latest Value
183482.00
Year-over-Year Change
136.83%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures the total revenue for general freight trucking, long-distance, truckload, all establishments, and employer firms in the United States. It provides important insights into the financial health and activity of the long-haul trucking 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 general freight trucking, long-distance, truckload, all establishments, and employer firms is a key economic indicator that reflects the overall demand and financial performance of the long-haul trucking sector. This data is used by economists, policymakers, and industry analysts to assess the broader state of the transportation and logistics industries.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This trend is closely monitored by government agencies, industry groups, and market participants to understand broader economic and supply chain dynamics.
Key Facts
- Trucking is a major component of the U.S. logistics industry.
- Long-distance, truckload freight accounts for a significant share of total trucking revenue.
- Employer firms generate the majority of revenue in the long-haul trucking sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by general freight trucking companies that operate long-distance, truckload services with all types of establishments, including both employer and non-employer firms.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the financial health and overall activity levels of the long-haul trucking industry, which is a critical component of the broader U.S. transportation and logistics sectors.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of transportation establishments.
Q: How is this trend used in economic policy?
A: Policymakers and government agencies monitor this trend to understand supply chain dynamics, assess the broader state of the logistics industry, and inform transportation infrastructure and regulatory decisions.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a lag of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Total Revenue for General Freight Trucking, Long-Distance, Truckload, All Establishments, Employer Firms (REVEF484121ALLEST), retrieved from FRED.