Total Revenue for Couriers and Express Delivery Services, All Establishments, Employer Firms
This dataset tracks total revenue for couriers and express delivery services, all establishments, employer firms over time.
Latest Value
131931.00
Year-over-Year Change
116.58%
Date Range
1/1/1998 - 1/1/2022
Summary
This economic trend measures total revenue generated by the courier and express delivery services industry in the United States. It provides important insights into the overall health and activity of this critical logistics 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 Couriers and Express Delivery Services, All Establishments, Employer Firms series tracks the total sales and operating income of companies engaged in the transportation and delivery of parcels and documents. This metric is used by economists and industry analysts to monitor growth, competitive dynamics, and demand trends in the courier and package delivery market.
Methodology
The data is collected through surveys of establishments in the courier and express delivery services industry.
Historical Context
This economic indicator is closely watched by policymakers and market participants as it reflects consumer and business spending patterns and can signal shifts in economic activity.
Key Facts
- The courier and delivery services industry generates over $100 billion in annual revenue.
- Revenue in this sector has grown by over 50% in the past decade.
- The top 4 courier companies account for nearly 90% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total revenue generated by companies engaged in the transportation and delivery of parcels, documents, and other shipments across the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the overall health and activity levels of the critical courier and logistics sector, which is a key driver of economic growth and business operations.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments in the courier and express delivery services industry.
Q: How is this trend used in economic policy?
A: This indicator is closely watched by policymakers and market participants as it reflects consumer and business spending patterns and can signal shifts in economic activity and demand.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Total Revenue for Couriers and Express Delivery Services, All Establishments, Employer Firms (REVEF4921ALLEST), retrieved from FRED.