Total Revenue for Wireless Telecommunications Carriers Excluding Satellite, All Establishments, Employer Firms
REVEF5172ALLEST • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
308,153.00
Year-over-Year Change
54.67%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic trend measures the total revenue generated by wireless telecommunications carriers, excluding satellite providers, across all employer establishments in the United States. It is a key indicator of the overall health and growth of the wireless telecommunications 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 Wireless Telecommunications Carriers Excluding Satellite, All Establishments, Employer Firms metric tracks the total sales and receipts earned by wireless telecommunications companies that operate in the United States. This data provides insight into the performance and market dynamics of the broader wireless telecommunications sector.
Methodology
The data is collected through surveys conducted by the U.S. Census Bureau as part of the Annual Survey of Manufactures.
Historical Context
This trend is closely monitored by industry analysts, policymakers, and investors to gauge the competitiveness and commercial viability of the wireless telecommunications market.
Key Facts
- The wireless telecommunications industry generates over $300 billion in annual revenue.
- Revenue growth in the sector has averaged 5% per year over the past decade.
- The top 4 wireless carriers account for over 90% of total industry revenue.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total revenue generated by wireless telecommunications carriers, excluding satellite providers, across all employer establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the overall health and performance of the wireless telecommunications industry, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Census Bureau as part of the Annual Survey of Manufactures.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by industry analysts, policymakers, and investors to gauge the competitiveness and commercial viability of the wireless telecommunications market.
Q: Are there update delays or limitations?
A: The data is published annually with a typical release lag of 6-12 months.
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Citation
U.S. Federal Reserve, Total Revenue for Wireless Telecommunications Carriers Excluding Satellite, All Establishments, Employer Firms (REVEF5172ALLEST), retrieved from FRED.