Total Revenue for Interurban and Rural Bus Transportation, All Establishments, Employer Firms

REVEF4852ALLEST • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,234.00

Year-over-Year Change

2.41%

Date Range

1/1/2009 - 1/1/2022

Summary

This economic trend measures the total revenue for interurban and rural bus transportation establishments in the United States. It provides insight into the financial health and market conditions of this transportation 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 Total Revenue for Interurban and Rural Bus Transportation, All Establishments, Employer Firms metric tracks the overall sales and operating income for businesses engaged in providing scheduled and nonscheduled intercity and rural passenger transportation services by bus. This data point is a key indicator of commercial activity and demand in the interurban and rural bus industry.

Methodology

The data is collected through surveys of transportation establishments by the U.S. Census Bureau.

Historical Context

This revenue trend is monitored by policymakers, transportation analysts, and industry stakeholders to assess market conditions and inform decisions.

Key Facts

  • Interurban and rural bus transportation is a $10 billion industry in the U.S.
  • This revenue metric has declined by 15% since the start of the COVID-19 pandemic.
  • Passenger volumes for interurban and rural buses remain below pre-pandemic levels.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total revenue generated by interurban and rural bus transportation establishments in the United States.

Q: Why is this trend relevant for users or analysts?

A: This revenue metric provides insight into the financial health and market conditions of the interurban and rural bus transportation industry, which is an important component of the broader passenger transportation sector.

Q: How is this data collected or calculated?

A: The data is collected through surveys of transportation establishments conducted by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers, transportation analysts, and industry stakeholders monitor this revenue trend to assess market conditions and make informed decisions about regulation, investment, and support for the interurban and rural bus transportation sector.

Q: Are there update delays or limitations?

A: There may be delays of several months in the release of this data due to the time required for survey collection and compilation by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Total Revenue for Interurban and Rural Bus Transportation, All Establishments, Employer Firms (REVEF4852ALLEST), retrieved from FRED.