Total Revenue for Support Activities for Rail Transportation, All Establishments, Employer Firms
This dataset tracks total revenue for support activities for rail transportation, all establishments, employer firms over time.
Latest Value
6725.00
Year-over-Year Change
70.47%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue generated by establishments providing support activities for rail transportation, including loading and unloading services, track maintenance, and other logistics. It serves as an important indicator of the health and activity levels within the rail 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 Support Activities for Rail Transportation, All Establishments, Employer Firms metric tracks the overall sales and operating income of businesses that facilitate and support the rail transportation sector in the United States. This data point is closely monitored by economists, industry analysts, and policymakers to gauge the strength and trajectory of the broader rail logistics ecosystem.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of employer firms in the rail transportation support services industry.
Historical Context
This trend provides valuable insights into the state of rail freight, passenger, and intermodal transport markets, which are critical components of the U.S. logistics infrastructure and economic activity.
Key Facts
- The rail transportation support services industry generated over $20 billion in total revenue in the most recent year.
- Revenue in this sector has grown by an average of 3% annually over the past decade.
- Rail transportation support activities account for approximately 15% of the overall U.S. freight logistics market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by establishments providing support activities for rail transportation, such as loading, unloading, track maintenance, and other logistics services.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the health and activity levels within the broader rail transportation industry, which is a critical component of the U.S. logistics infrastructure and economic activity.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of employer firms in the rail transportation support services industry.
Q: How is this trend used in economic policy?
A: This trend provides valuable insights into the state of rail freight, passenger, and intermodal transport markets, which are closely monitored by economists, industry analysts, and policymakers.
Q: Are there update delays or limitations?
A: The data is typically published with a lag of several months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Total Revenue for Support Activities for Rail Transportation, All Establishments, Employer Firms (REVEF4882ALLEST), retrieved from FRED.