Total Revenue for Pipeline Transportation of Crude Oil, All Establishments, Employer Firms
REVEF4861ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,588.00
Year-over-Year Change
211.51%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures total revenue generated by pipeline transportation of crude oil across all U.S. establishments and employer firms. It provides insights into the financial performance and activity levels of the crude oil pipeline 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 Pipeline Transportation of Crude Oil, All Establishments, Employer Firms metric tracks the aggregate revenue earned by companies engaged in the pipeline transportation of crude oil. It offers a high-level view of the financial health and business volumes within this key component of the oil and gas supply chain.
Methodology
The data is collected through the U.S. Census Bureau's Economic Census and Annual Survey of Manufactures.
Historical Context
This trend is used by economists, industry analysts, and policymakers to monitor the economic conditions and competitive dynamics within the crude oil pipeline transportation sector.
Key Facts
- The crude oil pipeline transportation industry generated over $40 billion in annual revenue.
- Revenue has grown steadily in recent years as U.S. crude oil production has increased.
- The top 4 companies account for over 75% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by companies engaged in the pipeline transportation of crude oil across all U.S. establishments and employer firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the financial performance and activity levels of the crude oil pipeline transportation industry, which is a critical component of the oil and gas supply chain.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's Economic Census and Annual Survey of Manufactures.
Q: How is this trend used in economic policy?
A: Economists, industry analysts, and policymakers use this trend to monitor the economic conditions and competitive dynamics within the crude oil pipeline transportation sector.
Q: Are there update delays or limitations?
A: The data is published annually with a typical 1-2 year lag from the reference period.
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Citation
U.S. Federal Reserve, Total Revenue for Pipeline Transportation of Crude Oil, All Establishments, Employer Firms (REVEF4861ALLEST), retrieved from FRED.