Total Revenue for Port and Harbor Operations, Establishments Subject to Federal Income Tax, Employer Firms
This dataset tracks total revenue for port and harbor operations, establishments subject to federal income tax, employer firms over time.
Latest Value
5092.00
Year-over-Year Change
174.35%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the total revenue generated by U.S. port and harbor operations that are subject to federal income tax and have employer firms. It provides insight into the financial health and economic activity of this important transportation infrastructure 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 Port and Harbor Operations, Establishments Subject to Federal Income Tax, Employer Firms series tracks the aggregate revenue earned by businesses engaged in the operation of ports, harbors, and other water transportation facilities in the United States. This metric helps economists assess the overall performance and commercial viability of this critical component of the nation's logistics and trade networks.
Methodology
The data is collected by the U.S. Census Bureau through surveys of business establishments.
Historical Context
Policymakers and market analysts use this trend to gauge the economic conditions and outlook for the maritime transportation industry.
Key Facts
- The U.S. maritime transportation industry generates over $300 billion in annual revenue.
- Ports and harbors are critical hubs for international trade and domestic logistics.
- This revenue trend tracks a key component of the nation's transportation infrastructure.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by U.S. businesses engaged in the operation of ports, harbors, and other water transportation facilities that are subject to federal income tax and have employer firms.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and economic activity of the maritime transportation industry, which is a critical component of the nation's logistics and trade networks.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of business establishments.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to gauge the economic conditions and outlook for the maritime transportation industry, which informs infrastructure investment, trade, and transportation policies.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting and processing delays, but it provides a comprehensive view of the financial performance of port and harbor operations in the United States.
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Citation
U.S. Federal Reserve, Total Revenue for Port and Harbor Operations, Establishments Subject to Federal Income Tax, Employer Firms (REVEF48831TAXABL), retrieved from FRED.